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Company News

BRIEF-Guyana Goldfields Inc reports a shift in recovered ounces to the fourth quarter full year production guidance maintained

Aug 10 (Reuters) - Guyana Goldfields Inc

* Guyana Goldfields Inc reports a shift in recovered ounces to the fourth quarter; full year production guidance maintained

* Guyana Goldfields Inc - reported a small fire on its elution circuit boiler on evening of Wednesday, August 9

* Guyana Goldfields Inc - fire incident resulted in damage to boiler and adjacent cables

* Guyana Goldfields - no injuries sustained by employees and emergency response procedures were immediately initiated and fire was quickly extinguished

* Guyana Goldfields Inc - mill is fully operational with only impact being inability to strip loaded carbon

* Guyana Goldfields - based on current carbon stripping capacity, co will need to store excess carbon containing about 3,500 ounces of recoverable gold

* Guyana Goldfields Inc - stored excess carbon containing approximately 3,500 ounces of recoverable gold will not be available for sale until Q4 Source text for Eikon: Further company coverage:

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