Greenheart Gold has updated its exploration efforts in Guyana, focusing on the Tamakay and Abuya projects. Preliminary findings indicate significant soil anomalies at both sites. The Company has secured option agreements for mining permits and is planning further exploration activities, aiming to uncover potential gold resources in the region.
Greenheart Gold Inc. has recently announced updates on its exploration projects in Guyana, specifically in the Tamakay and Abuya areas. The Company has initiated an exploration program over a 55 square kilometer area at Tamakay, which revealed several anomalous soil samples and a significant anomaly measuring 1,500 meters by 750 meters within volcanic sedimentary rock units. Additionally, at Abuya, the results from the Phase 2 soil sampling indicate two coherent zones of interest for future exploration activities.
The Tamakay project is situated approximately 300 kilometers west of Georgetown, near the Toroparu project belonging to Aris Mining Corporation. The site can be reached by boat and vehicle. Initial mining activities commenced in 1937, focusing on gold extraction from quartz veins. However, extensive modern exploration has yet to be performed to evaluate the full extent of potential gold deposits in the region.
Greenheart Gold has entered into option agreements to acquire a 100% interest in three mining permits covering 12.42 square kilometers within the Tamakay area. The Company has also secured other agreements for adjacent lands, entailing various financial commitments over the next several years. Follow-up exploration activities will include trenching to assess the extent of gold-bearing quartz veins and potential mining opportunities.
In the Abuya project, the Phase 2 soil sampling program has provided promising results. Notable anomalies have emerged, potentially tied to granite contact zones. Further results are anticipated, leading to planned trenching and channel sampling, as well as possible drill testing later in the year, contingent on these findings.
Greenheart Gold, an exploration firm focused on gold deposits in the Guiana Shield, is helmed by seasoned executives previously associated with notable gold discoveries. The Company aspires to leverage its expertise in uncovering valuable mineral resources while promoting responsible mining practices in Guyana and Suriname. Greenheart Gold is listed on the TSX Venture Exchange under the ticker ‘GHRT.’
In conclusion, Greenheart Gold is advancing its exploration initiatives in Guyana, notably with significant developments in the Tamakay and Abuya projects. The acquisition of land and positive preliminary results from sampling suggest potential for valuable mineral discoveries. The Company’s experienced leadership and commitment to exploration in the Guiana Shield position it well for future successes in the gold mining sector.
Original Source: www.globenewswire.com
