Greenheart Gold has acquired a 100% interest in the Tamakay project in Guyana, showing significant exploration potential through anomalous soil samples. The project, located in an area with historic gold discoveries, is set for further exploration efforts. Additionally, the Abuya project is yielding promising soil sampling results, indicating coherent anomalous areas for follow-up investigation.
Greenheart Gold Inc. has announced the acquisition of a 100% interest in the Tamakay exploration project in Guyana, expanding its portfolio of exploration projects. This acquisition makes Tamakay the fifth early-stage project within the company’s exploration pipeline, which also includes projects in Suriname. The preliminary findings at Tamakay indicate significant areas of anomalous grab and soil samples, including a noteworthy 1,500 m by 750 m soil anomaly within volcanic rock units.
The Tamakay project, located approximately 300 km west of Georgetown, Guyana, has a history of gold discovery dating back to 1937, although no modern exploration has been conducted. Recent exploratory activities have revealed high-grade gold assays from quartz veins in the area. The geological setting consists of granitic and metavolcanic units, suggesting potential for discovery of further gold-bearing sources.
To advance its exploration efforts, Greenheart Gold has conducted geologic mapping, soil sampling, and prospecting at Tamakay, resulting in the identification of multiple anomalous areas. Future follow-up work will include trenching and testing for mineralized zones, aimed at uncovering the extent of gold-bearing quartz veins in the stratigraphy.
The option agreements established by Greenheart Gold cover several mining permits, totaling approximately 12.42 sq km, and are part of a larger project area, including additional permits acquired in August 2024. The value of these agreements necessitates progressive payments over the coming years to maintain rights.
In parallel, results from the Abuya project’s Phase 2 soil sampling program indicate two coherent areas of anomalies. These areas, measuring approximately 2 km by 1 km each, appear connected to geological contact zones. Further results are anticipated shortly, leading to planned trench and drill testing if warranted.
Greenheart Gold’s expansion into the Tamakay project represents a strategic move to enhance its exploration initiatives in the Guyana region. The promising preliminary findings from Tamakay and the ongoing soil sampling at Abuya underscore the company’s commitment to uncovering and optimizing gold resource potential within the Guiana Shield. The company remains focused on implementing subsequent exploratory activities to validate and expand upon these findings.
Original Source: www.globenewswire.com
