Less than two weeks after being appointed executive chairman and CEO of Sandy Lake Gold
(TSXV: SLAU), Patrick Sheridan has steered the Red Lake-focused junior towards several strategic acquisitions in Guyana.
Sheridan has been credited with the discovery, financing and development of the Aurora gold mine in a remote part of Guyana’s rain forest, about 170 km southwest of the capital of Georgetown. Guyana Goldfields
(TSX: GUY) put the mine into commercial production in January 2016.
Sandy Lake Gold recently signed a non-binding letter of intent (LOI) to acquire a 100% stake in a suite of exploration properties in the far southwest of Guyana’s Cuyuni Basin, which hosts the Aurora mine and numerous artisanal mine workings. The properties under the LOI include the historic Aremu mine and the Peters mine concessions, two of Guyana’s four historic producing mines.
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