Akaiwong

The Akaiwong project is strategically located close to the world class gold discovery by Guyana Goldfields (www.guygold.com) at the Aurora Mine. Akaiwong has been drilled and results have identified areas of gold mineralization.

The Akaiwong property is located near the Aurora Mine which is one of the largest past producing gold mines in Guyana. Recent drilling at the Aurora Mine indicates the potential for a multi-million ounce gold deposit. Guyana Goldfields has now acquired all the land surrounding the Akaiwong property.

The Akaiwong property has more than $US one million in past exploration expenditures by Homestake International. The Homestake International drilling indicated that the mineral formation was quite similar to the Omai mine located in Central Guyana. Omai is owned by Cambior and operated at 20,000 tons per day from an insitu gold resource of 42.9 million tons grading 1.4 grams per tonne gold. Over 13 years, the Omai produced some 3.7 million ounces of gold.

March 30, 2007 Report

Gold Port intercepts 32 meters of 1.4 grams per tonne gold

The Akaiwong Drill Program started in Dec 2006. Three diamond drill holes have been completed and the results have been released in the March 30, 2007 News Release. The three drill holes were drilled along Line 16S.

Hole AK 06-33A, the main test hole, was drilled to a depth of 150 meters with the best intercept from 10 to 42 meters giving an average of 1.4 grams per tonne gold with a high of 9.396 grams per tonne gold over a one meter interval between 30 to 40 meters depth.

Hole AK 06-33B, a vertical hole was drilled to 28 meters at which point it was terminated. Hole AK 06-33B returned 1.8 grams per tonne gold from 0 to 10 meters with a high of 8.178 grams per tonne gold over a one meter interval in the first ten meter interval.

Hole AK06-33C was drilled to 20 meters of depth and terminated due to poor core recovery. This hole averaged 1.27 grams per tonne gold from 0 to 13 meters with a high of 3.959 grams per tonne gold over a one meter interval in the first ten meter interval.

November 16, 2007 Report

Gold Port intercepts 39 meters of 1.74 grams per tonne gold

Eight holes were completed early in 2007. Hole AK-33 was a short hole of 20 meters terminated due to equipment failure. Hole AK-33A was a re-start of AK-33 and was drilled at a 70 degree angle to 134 meters. Hole AK-34 was an angle hole of 70 degrees drilled to a depth of 152 meters. All other holes were short vertical holes drilled to a target depth of 100 meters. All values are reported in the November 16, 2007 News Release.

Selected Drill Data:

Hole AK-33: 0 to 17 meters of 1.27 gpt gold (hole terminated due to mechanical failure).

Hole AK-33A: 0 to 34 meters of 0.78 gpt gold including 7 meters of 1.63 gpt gold from 10 to 16 meters; 4 meters of 1.63 gpt gold from 130 to 133 meters ; and the hole bottoming in 4 meters of 1.28 gpt gold.

Hole AK-33B: 0 to 28 meters of 0.947 gpt gold including 12 meters of 1.5 gpt gold; 11 meters of 0.713 gpt gold from 41 to 52 meters; and 10 meters of 0.990 gpt gold from 80 to 89 meters with the hole going out of the zone.

Hole AK-34: 39 meters of 1.74 gpt gold from 0 to 39 meters; and 10 meters of 0.61 gpt gold from 80 to 89 meters.

Hole AK-36: 4 meters of 1.31 gpt gold from 0 to 4 meters; 2 meters of 13.1 gpt gold from 65 to 67 meters; and 5 meters of 0.60 gpt gold from 96 to 100 meters (bottom of hole).

Hole AK-38: 12 meters of 2.02 gpt gold from 78 to 89 meters; and 5 meters of 0.91 gpt gold from 98 to 102 meters (bottom of hole).

Hole AK-40: 8 meters of 1.76 gpt gold from 46 to 53 meters.

A review of the data indicates gold is located in both the saprolite (near surface layer) and bedrock. In addition, pulps from two of the drill holes, AK-33B and AK-34 were screened to test for the presence of coarse native gold. The results of these tests are presented along with the traditional assay results. See Nov. 16, 2007 News Release. Native gold was found not only in the saprolite, but also in bedrock samples. For drill holes AK-33B and AK-34 both the standard fire assay values as well as values calculated with the native gold are presented. The overall assay values are increased by adding the weight of the native gold. Given the small size of the assay sample (200 grams) it is believed that more representative results could be obtained by taking a larger sample for assay.

A detailed review of the drill results suggests the major gold mineralization in this area appears to be controlled by a shear zone. Holes AK-35, AK-37, AK-38, AK-39 and AK-40 are assumed not to have penetrated the shear zone. However, all of these holes encountered some gold values outside of the known shear zone area. The best gold values are found in the holes assumed to have penetrated the shear zone.

New Exploration Program 2008

To better define the exploration target, the Company will conduct a ground geophysical program using a Geometrics G-859 cesium magnetometer. The ground program will also include an evaluation of the southern area of the project. This area is the location of a previously identified EM conductor anomaly and is also the location of significant alluvial mining activity by local "porknockers". The Company has purchased a Caterpillar D-6 Bulldozer for road work and the cutting of exploration trails. A new Acker MP-8C Track Mounted Core Drill has been purchased and is in Guyana. The Company plans to complete a ground program at Akaiwong and then begin a Phase Two drill program.

Company President Adrian F.C. Hobkirk said "We are pleased the drilling results suggest the presence of a gold mineralized system. We look forward to starting the Phase Two Drill program."

Visit the "Projects" Tab and view the new Acker MP-8C Track Mounted Core Drill and the portable Ingetrol Custom Drill.

A total of 32 holes have been drilled to date at Akaiwong by previous owners. Of these holes, twenty were to a depth of less than 75 meters.

Akaiwong Drill Maps

Figure 1. Claim Map with Grid Location and Historical DDH

Figure 2. Grid and Drill Hole Map with Priority Drilling Zones

Akaiwong Pictures

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Figure 1. Dining

Figure 2. House

Figure 3. Bull dozer

Figure 4. New Road

Drill Results for Homestake International (1989-1990) and Golden Star Resources (1992) at Akaiwong Property

The historical drill results (1989, 1990 and 1992 exploration records indicate assays were generally on a one meter interval basis prior to the commencement of the 2006 diamond drill program) are provided and reviewed by Dr. A. D. Drummond, P.Eng. a Qualified Person as defined in National Policy 43-101. Several holes had assays from both Loring, (denoted as L) and Acme Analytical Laboratories Ltd., (denoted as A). All historic assays are shown with the hole averages and total depth highlighted in the table below.

Hole No.	Total Depth(meters)	Hole Av.(g/t Au)	Remarks
AK89-01	50.5	0.15	0.30 g/t Au from 7 to 22 m.
AK89-02	60.45	0.28	0.71 g/t Au from 7 to 18 m.
AK89-03	52.05	0.03	-----
AK89-04	54.05	0.19	31 g/t Au from 48 to 49 m.
AK89-05	34.85	1.13	3.40 g/t Au from 4 to 11 m.
AK89-06	40.85	1.31 (L) 1.17 (A)	40.24 g/t Au from 2 to 3 m. and 40.21 g/t Au from 2 to 3 m.
AK89-07	61.45	0.56	Even distribution.
AK89-08	52.0	0.29 (L) 0.32 (A)	1.26 g/t Au from 10 to 17 m. and 1.20 g/t Au from 11 to 18 m.
AK89-09	56.05	0.59	1.32 g/t Au from 49 to 55 m.
AK89-10	43.65	0.31	Even distribution.
AK89-11	50.0	0.14	Even distribution.
AK89-12	69.3	1.37 (L) 1.42 (A)	2.10 g/t Au from 10 to 43 m. and 2.37 g/t Au from 8 to 43 m and 27 g/t Au from 39 to 40 m.
AK90-13	50.0	2.70	16.99 g/t Au from 20 to 25 m and 12.04 g/t Au from 44 to 47 m.
AK90-14	187.9	0.75	4.27 g/t Au from 28 to 35 m and 17.15 g/t Au from 48 to 49 m and 15.36 g/t Au from 77 to 78 m and 20.98 g/t Au from 85 to 86 m.
AK90-15	129.4	0.24	3.66 g/t Au from 118 to 121 m.
AK90-16	89.25	0.50	5.86 g/t Au from 73 to 74 m and 7.61 g/t Au from 77 to 78 m.
AK90-17	57.2	0.22	-----
AK90-18	36.3	0.29	-----
AK90-19	45.5	0.31	-----
AK90-20	43.75	0.03	-----
AK90-21	33.0	0.03	-----
AK90-22	39.0	1.01	19.51 g/t Au from 10 to 11 m and 2.64 g/t Au from 35 to 37 m.
AK90-23	141.25	0.41	0.92 g/t Au from 58 to 85 m.
AK90-24	150.0	0.52	0.05 g/t Au from 0 to 27 m and 0.95 g/t Au from 27 to 79 m including 13.13 g/t Au from 72 to 73 m.
AK92-25	111.65	0.11	-----
AK92-26	121.92	0.41	0.20 g/t Au from 0 to 73 m and 1.26 g/t Au from 73 to 96 m
AK92-27	89.46	0.43	8.81 g/t Au from 3.5 to 5.49 m.
AK92-28	95.10	0.17	-----
AK92-29	103.94	0.47	11.71 g/t Au from 42.67 to 44.90 m.
AK92-30	100.71	0.24	1.60 g/t Au from 98 to 100.71 m.
AK92-31	115.36	0.55	Even distribution.
AK92-32	27.43	0.72	0.99 g/t Au from 0 to 21 m.

The best gold values to date have been encountered along line 16S, and involve holes AK 13, AK 14, and AK 12. Current drilling has begun in this area. Basic prospecting is also ongoing at the project to further define target areas.

Akaiwong Maps

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Figure 1. Drill Holes	Figure 2. Concession Detail
Figure 3. Concession Location	Figure 4. Regional Geology

Akaiwong 43-101 Technical Report