11:52 AM EST - Guyana Goldfields Inc. : announced the progress regarding the development at the Aurora Gold Project located in Guyana, South America and has committed to securing long lead time equipment. Earlier this year, the Board of Directors of the Company approved a fiscal 2013 Budget of approximately $43 Million U.S. with the majority of the expenditures dedicated towards the development and construction of the Aurora Gold Project. The Company has entered into an agreement to purchase one 7.9 x six metres (5.5 megawatts) semi-autogenous mill as its primary grinding solution for the initial milling facility. Guyana Goldfields Inc.
shares T.GUY are trading up $0.07 at $2.12.
