Guyana Goldfields Inc.
TSX : GUY

Guyana Goldfields Inc.

March 08, 2007 09:27 ET

Guyana Goldfields is Pleased to Announce the Appointment of Robert A. Bondy to the Board of Directors

TORONTO, ONTARIO--(CCNMatthews - March 8, 2007) - Guyana Goldfields Inc. (TSX:GUY) -

Guyana Goldfields Inc. is pleased to announce that Robert A. Bondy, LL.B. has been appointed as a Director of the Company.

Mr. Bondy graduated from the University of Windsor in 1967 with a B.A. degree and from Osgoode Hall Law School in 1968 with an LL.B. degree. He was admitted to the Ontario Bar in 1970 after which he joined Blake, Cassels & Graydon LLP.

Mr. Bondy practiced in the Securities Group and Corporate Law Group in the Toronto office. His practice involved acting for public and private companies, as well as investment dealers, with a particular focus on public and private offerings of securities, mergers and acquisitions, regulatory requirements, corporate reorganization and corporate governance. Mr. Bondy brings to the Company a wealth of experience in legal and financial matters pertaining to public companies.

About Guyana Goldfields:

Guyana Goldfields Inc is a Canadian based mineral exploration Company primarily focused on the exploration and development of gold deposits in the Guiana Shield of South America. The Guiana Shield is in the northern part of the Amazon Craton and covers parts of Guyana, Venezuela, Suriname, French Guyana and northern Brazil.

The Company holds advanced exploration projects in various stages of development and has been operating in Guyana continuously since 1996.

The Company currently has approximately (CDN) $30 million in cash and no debt.

Additional Information:

Information is available on the Company's website at www.guygold.com and on www.sedar.com and through the Company's offices at:



Suite 301-141 Adelaide St. West
Toronto, ON, Canada
M5H 3L5

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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