Guyana Goldstrike Inc. announced that the company has selected drill targets at the Marudi Gold Project (‘Marudi’ or the ‘Property’, or the ‘Project’) located in Guyana, South America. The Company's 2018/19 trenching program successfully outlined a new mineralized area that continues for more than 1.75 kilometres along Toucan Ridge. Toucan Ridge is roughly one kilometer northeast of the Mazoa Hill Zone which currently contains the Project's mineral resource estimate (please see ‘Mineral Resource Estimate’ below). A diamond drill program of up to 12 holes is planned and may be extended. The planned drill program will predominately focus on Toucan Ridge where a total of 2,458 metres of trenching was completed and 837 samples were taken. Drill targets have been chosen from identified magnetic anomalies and gold assays from surface trenching and sampling of the quartzite-metachert host rock. The specific drill locations will be in proximity to trenches TTR-18-7 and TTR-18-8, as priority targets, followed potentially by drilling trench areas TTR-18-9, TTR-18-11, TTR-18-12, and TTR-18-13. In 2018, trenches TTR-18-7 and TTR-18-8 assayed grades as high as 7.2 g/t Au over 3 metres. The first drill pads will be positioned to drill angled holes across the area of trenches TTR-18-7 and TTR-18-8 to an initial planned depth of 130 metres and a maximum depth of 200 metres. In preparation for the next phase of exploration, the technical team has reviewed the legacy data, including drill assays, drill angles, collar location, grade and interval lengths from past drilling on the Property in order to further refine its exploration efforts at Marudi. The compilation of these historic drill assays will provide important information that the technical team will use to calibrate drilling on the Property. The Mazoa Hill Zone contains the Company's current mineral resource estimate. Data analyzed suggests that the mineralized zone is open in several directions including at depth. 243,300 indicated gold ounces within 3,637,000 tonnes grading 2.1 g/t; 78,800 inferred gold ounces within 1,278,000 tonnes grading 1.9 g/t.