VANCOUVER, June 5, 2012 /PRNewswire/ - Guyana Frontier
Mining Corp. ("Guyana Frontier",
or the "Company") reports that Mr. Stephen
Wallace, P. Geo. has been appointed Vice-President,
Exploration for the Company, effective June
1, 2012. Mr. Wallace brings over 25 years of experience in
the mining and mineral exploration industry to Guyana Frontier. He
has managed exploration programs in many geological environments,
and has supervised the delineation and advancement of gold
deposits. Mr. Wallace recently served as Vice-President of
Exploration for Trade Winds Ventures Inc. until it was acquired by
Detour Gold Corporation by way of a plan of arrangement in
December 2011.
Guyana Frontier welcomes Mr. Wallace to its
management team and looks forward to his contribution to the
Company's exploration projects.
About Guyana Frontier
Guyana Frontier is a public mineral exploration
company listed on the TSX Venture Exchange (TSX-V: GYG), and is
focused on the exploration, discovery and development of precious
metals deposits located within Guyana, South
America. Guyana Frontier began acquiring interests in
Guyanese exploration properties in 2007, and now holds various
rights to obtain working interests in approximately 342,000 acres
(138,400 hectares) of prospective lands. Guyana Frontier's main
exploration asset is the Marudi Mountain Gold Project, which was
the subject of extensive historical exploration, and has recently
been the focus of a diamond drilling program. Guyana Frontier's
goal is to develop a significant gold resource at the Marudi
Mountain Gold Project, and to explore its other Guyanese projects
using funding from exploration partners.
Neither the TSX Venture Exchange nor its
Regulation Services Provider
(as that term is defined in the policies of the TSX Venture
Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
Forward Looking Statements
This news release contains forward-looking
statements that are based on Guyana Frontier's current expectations
and estimates. Forward-looking statements are frequently
characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate", "suggest",
"indicate" and other similar words or statements that certain
events or conditions "may" or "will" occur, and include, without
limitation, statements regarding Guyana Frontier's plans with
respect to the exploration and development of its projects. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or
results to differ materially from estimated or anticipated events
or results implied or expressed in such forward-looking statements.
Any forward-looking statement speaks only as of the date on which
it is made and, except as may be required by applicable securities
laws, Guyana Frontier disclaims any intent or obligation to update
any forward-looking statement, whether as a result of new
information, future events or results or otherwise. Forward-looking
statements are not guarantees of future performance and accordingly
undue reliance should not be put on such statements due to the
inherent uncertainty therein.
SOURCE Guyana Frontier Mining Corp.