Greenheart Gold Inc. has provided updates on its exploration projects in Guyana. The Tamakay project shows promising soil anomalies, while Abuya has confirmed two coherent areas of anomalous results. The Company has also secured option agreements for mining permits to support its exploration efforts going forward.
Greenheart Gold Inc. has provided an update regarding its exploration projects in Guyana, including the expansion of the Tamakay area. Preliminary investigations into the 55 square kilometer Tamakay project have revealed multiple zones of anomalous soil and grab samples, including a significant soil anomaly measuring 1,500 meters by 750 meters within volcano-sedimentary rock units. Additionally, the Abuya project has shown promising results from Phase 2 soil sampling, confirming two coherent areas of anomalous findings that will require further exploration.
The Tamakay project is strategically located approximately 300 kilometers west of Georgetown, Guyana, and near the Toroparu project of Aris Mining Corporation. Accessible via boat and road, the Tamakay site has a historical backdrop of gold mining since as early as 1937, targeting quartz veins in granite formations. Despite ongoing small-scale mining in the area, no formal modern exploration has been conducted to assess additional gold sources, which Greenheart Gold aims to rectify through its current studies.
Geological evaluations indicate that granitic rock units dominate the northeastern sector of the Tamakay project, while metavolcanic and metasedimentary rocks are found to the southwest. High-grade assays from quartz vein samples near recent artisanal mining activities have confirmed substantial gold concentrations. Greenheart Gold plans to conduct trenching and further analysis to identify the full extent of gold-bearing regions and assess mineralization potential in the volcanic rock units.
To further its exploration endeavors, Greenheart Gold has entered into agreements to acquire a 100% interest in three mining permits across 12.42 square kilometers in the Mazaruni mining district. These strategic agreements will require various payments over the coming years, ensuring the Company can maintain its permits and continue its exploration activities.
Regarding the Abuya project, results from the Phase 2 soil sampling program have identified two coherent areas, each extending approximately 2 kilometers by 1 kilometer, suggesting a significant presence of anomalous results associated with contact zones. Continued exploration efforts, including trench and channel sampling, are planned to further evaluate these findings later in the year.
Greenheart Gold Inc. is committed to exploring the Guiana Shield for gold deposits. Led by an experienced team from Reunion Gold, the Company aims to leverage its vast technical expertise and robust network to build a portfolio of promising exploration projects in Guyana and Suriname. The Company trades on the TSX Venture Exchange under the symbol ‘GHRT.’
In conclusion, Greenheart Gold has taken significant steps in its exploration projects in Guyana, particularly with the Tamakay and Abuya sites. The Company has identified multiple zones of promising soil anomalies, enhancing its potential for gold discovery. The strategic acquisition of mining permits and the experienced leadership team position Greenheart Gold for successful exploration and development within the Guiana Shield.
Original Source: www.globenewswire.com
