Guyana Goldfields Inc. expected to Report Fiscal Year 2009 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 30, 2009).

Guyana Goldfields Inc. reported the acquisition of three contiguous groups of properties totaling approximately 79,000 acres. The newly acquired area has a long history of gold production dating back ninety years. Furthermore, the properties are contiguous to the company's current holdings in the Aranka district. The company geologists have so far identified two areas for immediate follow up exploration work including diamond drilling. Guyana Goldfields may earn a 100% interest in Property 'A' (24,000 acres) by paying USD 40,000 over three years. The vendor maintains a 1.5% net smelter return and the company has the option to purchase the NSR at any time for USD 1.5 million. Augering of soil and saprolite material has delineated a distinct zone of gold enrichment, measuring approximately 100 metres by 300 metres. Further infill augering and trenching is planned for this area prior to establish drilling locations. The company may earn a 100% interest in Property 'B' (33,000 acres) by paying USD 475,000 over five years. The vendor shall maintain a 2% NSR, with the Company having an option to purchase the NSR at any time for USD 2 million. Property 'B' has been the subject of recent extensive exploitation by itinerant miners and is believed to host the geological structures considered to be highly prospective for gold mineralization. Property 'C' (22,000 acres) was purchased outright for approximately USD 200,000. The property hosts several historical and current gold workings. A road cut on the property has exposed auriferous quartz vein stockworks over a distance of approximately 60 metres. An excavator and drill have been mobilized to the property and drilling is expected to commence shortly.

Guyana Goldfields Inc. announced the discovery of a new mineralized gold zone just north-east of the existing main Mad Kiss zone in the Golden Square Mile at its Aurora Gold Project in Guyana. As of September 11, 2009, thirteen (13) diamond drill holes, totaling 3,333 meters, have been drilled to delineate the shape and attitude of this new zone. The results are set out in Table 1 below. The best drill holes include MKD-45W which returned a significant intercept of 27 m at 4.94 g/t Au including 14 m at 8.60 g/t Au, MKD-52 which returned 17 m at 4.06 g/t Au including 6 m at 10.35 g/t Au, and BH09-RK-RMP-04 which returned 29 m at 4.60 g/t Au including 7.4 m at 14.19 g/t Au. The new zone is located approximately 115 meters northeast from the east end of the main Mad Kiss zone. It resembles a tabular body with an east-west strike and has a dip of-60 degrees to the north. The new zone has a dimension of 40 meters along strike, 250 meters along dip and thickness of 20 meters. The zone is drill tested down to-260 m rl (relative level = sea level) (approximately 310 m depth from surface), and remains open at depth. The new zone has been intersected in nine (9) holes. As well, four (4) holes drilled to the east of the new zone returned narrow Quartz-Feldspar Porphyry ('QFP') zones possibly cut by younger diorite intrusive.