Guyana Goldfields Inc. announced production results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total mined of 6,368,000 tonnes compared to 2,311,000 tonnes a year ago. Gold production was 42,750 ounce compared to 48,900 ounce a year ago.

For the year 2018, the company reported total mined of 18,706,000 tonnes compared to 12,443,000 tonnes a year ago. Gold production was 150,450 ounce compared to 160,500 ounce a year ago.

The company also provided production guidance for the fiscal 2019. For the period, the company expects gold production to be between 145,000 to 160,000 ounces. The mid-point of production guidance is 152,500 ounces, which, if achieved, would represent an increase of 1.4% from 2018. The Company expects production will be evenly weighted in first and second half of the year.