KAROUNI (TROY 100% THROUGH TROY RESOURCES GUYANA INC.)
During the year, Troy’s exploration focus returned to brownfields and greenfields exploration. Initially a target review and target ranking process was exercised and an evaluation of historic data and maps was completed.
With the ore grade intercepts from Goldstar achieved in 2017 and the promising Auger results from Gem Creek, the entire Goldstar – Gem Creek and Upper Itaki corridor provides potential for the discovery of primary gold mineralisation. With confirmed similar geological and structural settings to the Smarts and Hicks deposits, the Goldstar and Gem Creek exploration work has the potential to yield significant exploration success.