TORONTO, Oct. 22, 2015 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company" or "GGI") would like to comment on recent developments regarding the Venezuela-Guyana border dispute as it recently received an unfounded notification of a possible legal claim from Venezuela.
The Venezuela-Guyana border dispute was resolved and agreed upon by all parties under the 1899 Arbitration Agreement and any claims made outside of such agreement violate international law. The matter is currently before the United Nations, however Venezuela's border claim is widely viewed by the international community to be without merit.
Guyana Goldfields is an emerging gold producer with the onset of its Aurora Gold Mine and has been exploring and developing in Guyana since 1996.
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