A company release says the property hosts many historical exploration and development tunnels dating from the early 1940s. To date, seventeen tunnels from six different zones over a 1.5 sq km area were sampled. A total of 689 channel samples have been completed totalling 818 metres.

Exploration is ongoing with three drill rigs presently in operation. Sampling and rehabilitation of historical workings continue as does trenching and geo-chemical work on grassroots targets.

Goldfields Inc., which began operating in Guyana continuously since 1996, primarily focuses on exploration and development of gold deposits in the Guiana Shield.

And in other mining news, Sennen Resources Ltd. will begin drilling at its Makapa property on February 16, according to a company release out of Vancouver, British Columbia.

Ian Rozier, President of Sennen Resources Ltd., says this follows the completion of a one-month survey conducted by TMC Geophysique of Quebec over the Makapa zone.

The survey covered an area of 3.2 kilometres by 1.3 kilometres "examining the definition of the limits of the alteration envelope and identification of quartz vein zones and areas with significant sulphide."

Data compilation with respect to several other prospects on the company's concessions in Guyana is being conducted in order to further delineate other drill targets.