Gold Port Corporation, announced that fabrication of a Discovery I Core Rig, by Multi-Power Products Ltd. of Kelowna, B.C., has now been completed. The track mounted rig system along with support equipment and supplies is now being scheduled for delivery to Port of Georgetown, Guyana, and subsequently to the project. To compliment the program, two key management appointment have been made.

Upon equipment arrival on site, a 10,000-meter core drill program is planned to begin. The intent of the program is to potentially expand the known inferred resource and to upgrade the resource definition to measured and indicated. Camp improvement and logistical arrangements are currently being completed to allow drilling to begin as soon as possible after locating the rig on site.

The project is very well located close to infrastructure and deep-water access. The Company is very well funded to complete the planned exploration program.