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Greenheart Gold Announces the Commencement of Drilling on Two of Its Projects and Provides an Update on Exploration Progress in Suriname and Guyana
Newsfileยท2025-09-02 21:59

Core Viewpoint - Greenheart Gold Inc. has initiated drilling programs at its Majorodam project in Suriname and Tamakay project in Guyana, while also providing updates on exploration progress across its portfolio in both countries [2][3][8]. Group 1: Majorodam Project (Suriname) - Drilling has commenced at the Heuvel Prospect, with the first diamond drill hole completed on August 15, 2025, and a total of three holes drilled to date, totaling 610 meters [3]. - The Phase 2 drill program aims to complete 2,500 meters, following up on previous reverse circulation drill results [3]. - Significant trench results include an interval of 18.0 meters at 6.39 grams per tonne of gold, with a high-grade quartz vein returning 4.0 meters at 24.07 grams per tonne [4]. - A high-resolution drone magnetics survey has been conducted over the Heuvel drill targets, enhancing the geological framework for ongoing exploration [5]. - The company is also conducting trench and channel sampling on the Helling prospect, which is part of a 5-kilometer soil anomaly [6]. Group 2: Tamakay Project (Guyana) - An initial 1,200 meters Phase 1 diamond drill program began in mid-August 2025, targeting known gold-bearing quartz vein occurrences [8]. - The drilling is designed to test the continuity of gold-bearing quartz veins and potential stacked veins, as well as a shear zone underlying historical mining pits [8]. Group 3: Igab Project (Suriname) - Early results from the Igab project have shown numerous gold-in-soil anomalies, with ongoing grid soil sampling refining these results into five distinct prospects [9]. - The company has signed a definitive option agreement for the Igab project, involving option payments totaling US$3,400,000 over four years [12]. Group 4: Management and Team - Tim Stubley has been appointed as Senior Manager of Exploration, bringing over 15 years of mineral exploration experience to the company [13][14].