Greenheart Gold Inc. has expanded its exploration in Guyana with promising preliminary findings in both the Tamakay and Abuya projects. The Tamakay project unveils significant anomalous areas and historic mining activities, while the Abuya project has confirmed coherent areas of anomalous soil results. The Company has secured option agreements for mining permits, setting a solid foundation for future exploration.
Greenheart Gold Inc. has provided a significant update regarding its exploration projects located in Guyana. The Company has expanded its exploration ground in the Tamakay area, where preliminary assessments have revealed multiple areas of anomalous grab and soil samples. Among these findings is a notably expansive soil anomaly measuring 1,500 meters by 750 meters within volcanic-sedimentary rock units. Additionally, preliminary results from the Abuya project have identified two coherent areas of anomalous soil results, warranting further exploration activities.
The Tamakay project, which Greenheart Gold acquired through recent option agreements, stands as the fifth early-stage exploration initiative in its portfolio. This portfolio also includes three other projects located in Suriname, namely Majorodam, Igab, and Tosso Creek, alongside the Abuya project in Guyana. The Tamakay project is situated approximately 300 kilometers west of Georgetown and in close proximity to the Toroparu project belonging to Aris Mining Corporation, which contains substantial gold resources.
Historically, gold presence was recognized in the Tamakay region as early as 1937, with small-scale mining initially targeting exposed quartz veins. Despite this, there has been an absence of modern exploration specifically aimed at understanding the gold-bearing quartz veins or identifying further hard rock sources. Current geological interpretations suggest that the quartz veining correlates with multiple splays stemming from the main shear zone separating volcanic and granitic formations.
Preliminary exploration by the Company included geologic mapping and soil sampling, which pinpointed several anomalous areas within the granite and a significant anomaly in volcanic units. Planned follow-up will involve trenching to further assess the extent of gold-bearing quartz veins and investigate the mineralized potential across the volcanic strata. Greenheart Gold aims to further explore the areas identified by these findings in the coming months.
Greenheart Gold has established option agreements for acquiring a 100% interest in several mining permits within the Tamakay area. This includes agreements formed with local titleholders covering an area of 12.42 square kilometers and additional agreements for another contiguous area of 42.78 square kilometers. These arrangements span from six to ten years, reflecting the Company’s long-term commitment to exploring and developing gold resources in the region.
At the Abuya project, the Company is concluding Phase 2 of its soil sampling program, having deployed a methodical sampling grid since 2024. Initial results reveal two distinct areas of anomalous findings within the soil, each roughly covering 2 kilometers by 1 kilometer and correlating with significant geological contact zones. The Company anticipates further soil results shortly, which will inform additional exploration techniques including trench and channel sampling, and potentially drilling later in the year.
Greenheart Gold Inc. is dedicated to leveraging its technical expertise and prior successes to assemble and develop a robust exploration portfolio focused on orogenic gold deposits within the Guiana Shield. The leadership team, comprising former Reunion Gold executives, aims to capitalize on their historical discoveries and enhance exploration efforts in Guyana and Suriname. The Company is publicly traded on the TSX Venture Exchange under the symbol ‘GHRT’. Further company information is accessible through their official website and SEDAR+.
In summary, Greenheart Gold Inc. has made strides in expanding its exploration projects in Guyana, particularly in the Tamakay and Abuya areas. The preliminary exploration efforts have yielded favorable results, prompting further investigation of the gold-bearing potential in both areas. With option agreements securing substantial mining permits, the Company is well-positioned to move forward with its exploration activities in this resource-rich region. Greenheart Gold’s strategic approach promises to strengthen its presence in the mining sector while exploring new opportunities for discovery.
Original Source: www.globenewswire.com
