Exploration Advancements by Greenheart Gold in South America

Exploration Advancements by Greenheart Gold

Greenheart Gold Inc. (TSXV: GHRT) has recently made notable strides in its exploration initiatives within the rich terrains of Guyana and Suriname. The Company has successfully engaged in extensive soil geochemical sampling programs, with promising results anticipated from its Majorodam and Abuya projects.

The Majorodam Project in Suriname

The Majorodam project is generating excitement due to the results of a comprehensive first phase soil geochemical sampling program. Over 2,000 samples were collected during this initiative, revealing two particularly interesting anomalous zones.

Identifying Anomalous Zones

The first zone presents a substantial gold in soil anomaly measuring about 2 km by 3 km, with some samples returning values as high as 1.13 g/t Au. This area is located within volcanic units that are believed to be parallel to the Saramacca deposit, which lies roughly 12 km to the north. The second zone outlines a northeast-striking gold anomaly approximately 1 km by 5 km wide, boasting assays reaching up to 1.51 g/t Au. These findings align well with the interpreted structural orientations drawn from previous airborne surveys conducted in 2019.

Next Steps for Majorodam

Greenheart Gold is currently undertaking additional infill soil sampling. This will help refine their initial findings, followed by trenching for validation. In regions featuring significant duricrust, the Company plans to deploy shallow scout RC drill programs to further explore the potential of these anomalies.

Updates on the Abuya Project in Guyana

In the northeastern region of Guyana, the Company is advancing its efforts on the Abuya Project. The initial phase of reconnaissance soil geochemical sampling has yielded promising results. Samples were collected extensively across the 100 sq km area, spaced at 100 m intervals on 1 km lines, allowing the team to rapidly narrow down areas of interest.

Promising Results from Sampling

The results from this phase indicate several anomalous zones. Notably, samples have shown significant gold values of up to 0.55 g/t Au, particularly in regions where granitic and volcanic formations intersect. The follow-up strategy includes conducting infill sampling at tighter intervals of 500 m by 50 m, alongside geological mapping and potential geophysical surveys slated for early next year.

Other Projects and Future Endeavors

In addition to the Majorodam and Abuya projects, Greenheart Gold has commenced reconnaissance activities at the Igab Project, as recently highlighted in earlier operations. The team is establishing a field camp to prepare for a stream sediment sampling program aimed to roll out shortly. This exploration will further contribute to the Company’s portfolio of potential project sites across Guyana and Suriname.

Effective Sample Preparation and Analysis

Greenheart Gold places a strong emphasis on thorough sample collection and analysis. Soil samples weigh approximately 1 kg and are collected beneath surface debris, generally at depths between 5 cm and 30 cm. These samples undergo rigorous preparation at Actlabs in Suriname, which includes drying, sieving, and pulverizing, before being analyzed at their lab in Guyana. The processing includes fire assay and gravimetric assays for high-grade samples, which ensures accurate results reflective of the mineralization potential.

About Greenheart Gold Inc.

Greenheart Gold stands out as an exploration company committed to fostering discoveries within the Guiana Shield—a region renowned for its unexplored mineral wealth. Spearheaded by a skilled team with previous success in the industry, Greenheart Gold is focused on forming and advancing a suite of early-stage exploration projects within Guyana and Suriname that target orogenic gold deposits.

Frequently Asked Questions

What is the current focus of Greenheart Gold’s exploration efforts?

Greenheart Gold is primarily focused on its Majorodam project in Suriname and the Abuya project in Guyana, where recent geochemical sampling has shown promising results.

What significant findings have come from the Majorodam project?

The Majorodam project has revealed two notable gold anomalies with values up to 1.51 g/t Au, indicating the potential for valuable mineralization.

How is Greenheart Gold preparing samples for analysis?

Samples are collected from below the surface and undergo comprehensive preparation and analysis involving drying, sieving, pulverization, and fire assays at analytical labs.

What strategies will follow the initial geochemical sampling at the Abuya Project?

Following initial findings, the Company is planning infill sampling and geological mapping in conjunction with potential geophysical surveys to better understand the project area.

Who leads Greenheart Gold’s exploration initiatives?

Greenheart Gold is led by a team of former executives from Reunion Gold, bringing extensive experience in discovering and developing mineral resources.

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