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Greenheart Gold Inc. ( (TSE:GHRT) ) has shared an announcement.
Greenheart Gold reported encouraging Phase 2 diamond drill results at its Majorodam Project in Suriname, highlighted by hole D-014 at Heuvel West, which intersected 15.3 metres grading 3.72 grams per tonne gold, including 8.0 metres at 6.57 g/t, and additional notable intercepts at both Heuvel West and Heuvel East. The drilling has confirmed mineralization over roughly 800 metres of strike at Heuvel West, which remains open for infill and step-out drilling, while Heuvel East continues to deliver consistent gold grades.
The company also outlined a large new Gowtu target, defined by an 800-metre by 1,500-metre gold-in-soil anomaly along a key granite/greenstone contact and forming part of a broader anomalous trend that now appears to extend more than 15 kilometres across the project. To capitalize on these results and the expanded exploration footprint, Greenheart Gold plans a 10,000-metre reverse circulation drill program to test Gowtu and build on recent successes at Heuvel West and East, potentially enhancing the project’s scale and strategic importance for investors and regional gold development.
More about Greenheart Gold Inc.
Greenheart Gold Inc. is a mineral exploration company focused on gold projects, with its flagship Majorodam Project located in Suriname. The company is advancing multiple targets within this greenstone belt setting, including the Heuvel West, Heuvel East and newly defined Gowtu zones, aiming to delineate a significant gold mineralized footprint in proximity to existing regional mines.
Average Trading Volume: 78,146
Technical Sentiment Signal: Sell
Current Market Cap: C$105.4M
For an in-depth examination of GHRT stock, go to TipRanks’ Overview page.