Latest Guyana News

Altair Minerals has reported gold in all six deep trenches at South Oko, led by a 10m interval grading 10.15g/t, while expanding Greater Oko and accelerating a fully funded drilling campaign. North Peters has also produced visible gold in core, although laboratory assays are still pending.

El Dorado Goldfields has begun testing a 180km² Guyana land package after securing an option to acquire a 90% interest in the Oko North and Oko South projects. Early rock-chip assays reached 2.32 g/t gold, but the greenfields projects remain undrilled and have no defined resources or reserves.

Bounty Oil & Gas is pursuing a 2,322 km² deepwater block offshore Liberia, but the asset remains unlicensed and requires parliamentary approval before a production sharing contract can be executed. The proposed acquisition brings major exploration potential alongside substantial dilution, contingent payments and a fresh $3.5 million capital raise.

Bounty Oil & Gas reported a larger FY2026 loss and weaker production, while reshaping its portfolio around Queensland oil development and a proposed deepwater Liberia entry. The strategy is backed by fresh equity, but depends on further funding, regulatory progress and a production sharing contract that has not yet been finalised.

Altair Minerals finished 2026 with A$33.7 million in cash after major equity raisings, giving it room to pursue a large Greater Oko drilling campaign in Guyana. The balance-sheet improvement came alongside a wider A$4.81 million loss, substantial dilution and an unresolved dispute with BHP over Olympic Domain.

Bounty Oil & Gas NL (ASX:BUY) is pursuing a 2,322 km² deepwater exploration block offshore Liberia, backed by a $3.55 million placement and major vendor-linked securities. The opportunity remains conditional: the block has no executed production sharing contract, no independent resource estimate and has not yet been reviewed directly by Bounty.

Liberty Metals’ maiden rock chip program at Oko North has returned four samples above 1 g/t gold, including a peak assay of 2.322 g/t. The reconnaissance results support the company’s interpretation that historical alluvial gold may be sourced from hard rock within its Guyana tenure, but drilling is still required to test continuity and scale.

Altair Minerals has secured an exclusive option over eight permits adjoining its South Oko project in Guyana, adding 29km2 and lifting exposure to the Oko Shear Contact to about 18km of strike. The deal expands exploration optionality, but ownership remains subject to due diligence, staged payments and a future exercise decision.

Liberty Metals’ maiden fieldwork at the Oko North Project in Guyana has uncovered extensive artisanal workings and visible gold, validating its exploration strategy ahead of a large soil sampling campaign. The project sits adjacent to multi-million-ounce deposits in the prolific Oko gold district.

Altair Minerals has kicked off maiden Reverse Circulation drilling at its South Oko and North Peters projects, ramping up to an expected 8,000 metres per month by October 2026. Early trench results at South Oko’s W1 target reveal significant gold mineralisation, setting the stage for a critical exploration phase.

Altair Minerals has confirmed a widespread gold mineralisation system at its South Oko prospect, highlighted by a standout trench intercept of 10m at 10.15g/t Au. The mineralised shear zone remains open and untested beneath duricrust, with a 15,000m RC drilling program set to test its full scale.

Liberty Metals has kicked off its maiden exploration at the newly acquired Oko North and South projects in Guyana’s prolific Oko gold district, targeting drill-ready anomalies with cutting-edge in-field gold detection technology.