Guyana Goldfields Inc. To Release Fourth Quarter 2016 Results on February 23, 2017

TORONTO, Feb. 9, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) announced today that it plans to release its fourth quarter 2016 operating and financial results after the market closes on Thursday, February 23, 2017. A conference call will also be held Friday, February 24th at 10:00 am ET to discuss fourth quarter operating and financial results.

Participants may join the call by dialing North America toll free 1-888-231-8191 or 647-427-7450 for calls outside Canada and the U.S., and entering the participant passcode 70753839.

A live and archived webcast of the conference call will also be available at www.guygold.com for 90 days under the Investors and Events & Presentations section or by clicking here http://event.on24.com/r.htm?e=1366533&s=1&k=DE2E1A82E863FFB11311D46CCBCB8800.

A recorded playback of the third quarter 2016 results call will be available until March 3, 2017 by dialing: 1-855-859-2056 or 416-849-0833 and entering the call back passcode 70753839.

About Guyana Goldfields Inc.

Guyana Goldfields Inc. is a Canadian based mid-tier gold producer primarily focused on the exploration, development and operation of gold deposits in Guyana, South America. The 100%-owned Aurora Gold Mine achieved commercial production January 1, 2016 and has a total gold resource of 6.25 million ounces in the measured and indicated categories (59.73 million tonnes at 3.25 g/t Au) as well as an additional 1.79 million ounces in the inferred category (16.58 million tonnes at 3.79 g/t Au).  For further details, please refer to the report entitled "Independent Technical Report Updated Feasibility Study, Aurora Gold Mine Project, Republic of Guyana" dated February 2, 2017 available on SEDAR at www.sedar.com

SOURCE Guyana Goldfields Inc.

For further information: Guyana Goldfields Inc., Scott A. Caldwell, President and Chief Executive Officer; Jacqueline Wagenaar, Vice President, Investor Relations & Corporate Communications, Tel: (416) 628-5936 Ext. 5295, E-mail: jwagenaar@guygold.com, Website: www.guygold.com

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