Greenheart Gold Provides an Update on Its Majorodam Project in Suriname, Including Results from Hole D-014 Which Intersected
Greenheart Gold Provides an Update on Its
Majorodam Project in Suriname, Including
Results from Hole D-014 Which Intersected
15.3 m @ 3.72 g/t Au and a Planned 10,000 m
Drill Program to Expand Mineralized Footprint
Highlights from recent drilling on the Majorodam Project in Suriname include hole D-014
at Heuvel West, intersecting 15.3 m @ 3.72 g/t Au (inc. 8.0 m @ 6.57 g/t Au) in addition to
hole D-013-W1 intercepting 6.0 m @ 3.04 g/t Au.
A new target called Gowtu has been defined at Majorodam by a significant 800 m x 1,500
m gold in soil anomaly that is coincident with a granite/greenstone contact located in the
northwest of the project area.
The zone of anomalous gold in soil sample results to the west of Majorodam now
appears to extend for over 15 km, from south of Heuvel West to the north end of the
Gowtu Target.
Greenheart Gold plans to initiate an RC drill program of approximate 10,000 m to expand
on the recent significant intercepts at the Heuvel West and East Targets.
Longueuil, Québec--(Newsfile Corp. - February 17, 2026) - Greenheart Gold Inc. (TSXV: GHRT)
(OTCQX: GHRTF) (the "Company" or "Greenheart Gold") is pleased to provide an update on its
Majorodam exploration programs, including drill results from its most recent 10-hole, 1,055-meter (m)
Phase 2 diamond drill program that was completed in mid-December 2025. This program was
designed to test the controls on the structurally complex mineralization encountered in the 11-hole, 2,311
m Phase 1 diamond drill program completed in September 2025 (see the Company's press release
dated November 10, 2025) and the initial 2,138 m, 20-hole reverse circulation ("RC") drill program that
was completed in March 2025 (see the Company's press release dated May 7,2025). Greenheart Gold
is also pleased to announce a new zone at Majorodam called the Gowtu zone, which lies in the northwest
corner of the project area and is shown on Figure 1. The zone of anomalous gold in soil that is
associated with Gowtu also appears to be part of the soil anomaly that is present at Heuvel West.
Combined, the soil anomaly extends over 15 kilometers (km) along the granite/greenstone contact south
of the Heuvel West Target to the north end of the Gowtu Target. The Company is announcing a 10,000 m
RC drill program to follow up on these targets.
Heuvel West
Greenheart Gold's Phase 2 diamond drill program at Majorodam, which was aimed at providing
additional structural and geologic information on the mineralization controls at Heuvel West and East,
returned five significant intercepts from eight holes as outlined in Table 1. Table 2 includes all collar
coordinates for drillholes completed to date on the project. Heuvel West lies within a series of
interbedded volcanics and sediments hosting gold mineralization within a north-south trending high strain
corridor and coincident north-south fold axes. Highlight intercepts from the recent diamond drill program
include hole D-014 which assayed 15.3 m (downhole) grading 3.72 grams per tonne of gold (g/t Au),
including 8.0 m grading 6.57 g/t Au, and Hole D-013-W1 which intersected 6.0 m grading 3.04 g/t Au,
including 5.0 m grading 3.46 g/t Au, and hole D-011, which intersected 11.5 m grading 1.34 g/t Au,
including 5.0 m grading 2.77 g/t Au.
Heuvel West has been intersected in three main areas by drill intercepts as shown in Figure 2 and
Figure 3, which confirm a zone of drill intercepts over approximately 800 m in strike length. Drilling at
Heuvel West to date has been concentrated over these three areas of the target and Heuvel West
remains open to infill drilling as well as to expansion to both the north and south. A cross section showing
interpreted geology and the location of significant intervals is shown in Figure 4.
Gowtu
The Gowtu Target (see Figure 1) represents a newly defined zone that lies in the northwest corner of the
project area and is defined by a moderate to high grade northwest-southeast trending gold in soil
anomaly of approximately 800 m x 1,500 m. Gowtu is located 3 km to the west of the Saramacca mine
(see Figure 1) and looks to be closely associated with the westerly granite/greenstone contact trending
NNW-SSE. Exploration of this target to date includes two phases of soil sampling, detailed mapping,
LiDAR, a pre-existing airborne magnetic and radiometric survey and more recently trenching (results
pending). Gowtu has never been drill tested to the Company's knowledge.
Heuvel East
Heuvel East lies approximately 500 m to the east of Heuvel West, as shown in Figure 2. Heuvel East
was identified by an area of high-grade soil results and subsequently confirmed by three drillholes, one
from each drill program, including hole D-019 from the most recent drill program, which intersected 7.8 m
grading 1.56 g/t Au (see Tables 1 and 2). Previously reported holes that intercepted Heuvel East were
D-006, which intersected 13.0 m grading 1.29 g/t Au, including 5.5 m grading 2.30 g/t Au and R-015,
which intersected 40.0 m grading 1.49 g/t Au. While the soil anomalies to the north and south of the
drillholes appear sparse, subsequent investigation of the soil cover in these areas shows that much of
the area could be covered by transported material. As a result, the target is being interpreted as
remaining open to both the north and south.
Drill Plans
Greenheart Gold intends to initiate follow-up drill programs shortly on the Heuvel West, Heuvel East and
Gowtu Targets. The drill programs are expected to total approximately 10,000 m. The RC drill program
will aim at both expanding and infilling the Heuvel West Target and expanding the Heuvel East Target.
Drilling will target areas between existing drill intercepts at Heuvel West and will step out to the north and
south at Heuvel East, where gold anomalism may be masked by a detrital ferricrete cover (hardened
paleo-colluvium likely derived from adjacent elevated duricrust ridges). The scout RC drill program
proposed for the Gowtu Target is designed to confirm the results from the soil survey where trenching
has proved ineffective due to potential colluvium cover and to begin to test the continuity of the 15 km
gold in soil anomaly.
Significant Intervals, Sample Collection, Assaying and Data Management
All significant intervals are reported as downhole lengths, and the true thickness of mineralization is
unknown. In this press release significant intervals have been calculated using a grade cut-off of 0.3 g/t
Au, a minimum length of 5 m, and a maximum length of 5 m of consecutive internal waste. Included
significant intervals have been calculated using a grade cut-off of 1.0 g/t Au, a minimum length of 3 m,
and a maximum length of 2 m of consecutive internal waste. Gold grades are uncapped. RC drill
samples are collected every meter and weighed in their entirety at the rig side to ensure consistent
sample collection, then split, bagged, and tagged. Diamond drill core samples consist of half of either
HQ or NQ core taken continuously at regular intervals averaging 1.4 m, bagged and labelled at the on-
site core shed. Samples are submitted to either Actlabs or Filab laboratories, both located in
Paramaribo, Suriname, while respecting best-practice chain of custody procedures. Samples are dried,
crushed to 80% passing 2 mm, riffle split (to either 250 g or 500 g), and pulverized to 95% passing 105
μm. Coarse blanks are inserted by the Company, and are used between and following suspected high-
grade intervals. Barren sand flushes are inserted by the analytical laboratory after each sample is
pulverized to clean the bowl. Actlabs' pulverized samples are transported by Actlabs to their laboratory in
Georgetown, Guyana (an ISO 9001 certified laboratory), whilst Filab pulverized samples remain at their
Paramaribo laboratory (ISO 9001:2015 certified) for analysis. In both cases, gold assay is carried out
using a 30 g or 50 g fire assay with an atomic absorption finish. Assays with overlimit results are re-
assayed with a gravimetric finish. Certified reference materials and blanks are inserted at a rate of 5%
of samples shipped to the laboratories. RC field duplicates and pulp duplicates are also generated at a
rate of 5% of samples. All assay data is subject to QA/QC prior to acceptance into the Company
database managed by an independent consultant.
Qualified Person
All scientific and technical information in this press release has been reviewed and approved by Justin
van der Toorn, CGeol FGS, EurGeol, President and CEO of Greenheart Gold, and a Qualified Person
under Canadian
National Instrument 43-101 - Standards of Disclosure for Mineral Project
s.
About Greenheart Gold Inc.
Greenheart Gold is an exploration company that builds on a proven legacy of discoveries within the
Guiana Shield, a highly prospective geological terrain that hosts numerous gold deposits yet remains
relatively under-explored. The Company is led by former executives and members of the exploration
group of Reunion Gold, a team that was most recently noted for the discovery and delineation of the
multimillion-ounce Oko West deposit in Guyana. Greenheart Gold intends to build on its technical
knowledge, strong contact base and previous success from exploring in the Guiana Shield to assemble,
maintain and explore a portfolio of early-stage exploration projects in Guyana and Suriname that are
prospective for orogenic gold deposits.
Additional information about the Company is available on SEDAR+ (
www.sedarplus.ca
) and the
Company's website (
www.greenheartgold.com
).
For further information, please contact:
GREENHEART GOLD INC.
Justin van der Toorn, President and CEO, or
Doug Flegg CFA, Senior Vice President Corporate Development
E:
E:
Telephone: +1 450-800-2882
Cautionary Statement on Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release constitute
"forward-looking information" and "forward-looking statements" within the meaning of certain securities
laws and are based on expectations and projections as of the date of this press release. Forward-
looking statements contained in this press release include, without limitation, those related to the
Company's plans and objectives, the timing of and execution of planned exploration activities,
geological interpretation, potential favorable setting and mineralization, other statements relating to
the business prospects of Greenheart Gold and, more generally, the section entitled "About
Greenheart Gold Inc."
Forward-looking statements are based on beliefs, expectations, estimates and projections as of the
time of this press release. Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by the Company as of the time of such
statements, are inherently subject to significant business, economic and competitive uncertainties
and contingencies. These estimates and assumptions may prove to be incorrect. Such assumptions
include, without limitation, those underlying the statements in the section entitled "About Greenheart
Gold Inc." In addition, statements on mineral projects located in proximity to the Company's projects
are not necessarily indicative of mineralization on the Company's projects.
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause,
actual results to differ materially from those expressed or implied in any forward-looking statements.
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general
and specific in nature, including among others, those risks and uncertainties set forth in the
Company's audited consolidated financial statements and related notes for the initial period from
April 19, 2024 to December 31, 2024 and the associated management's discussion & analysis, and
other documents and reports filed by the Company with Canadian securities regulators available
under the Company's profile on SEDAR+ at
www.sedarplus.ca
, and the risk that estimates, forecasts,
projections and other forward-looking statements will not be achieved or that assumptions do not
reflect future outcomes. Forward-looking statements are provided for the purpose of providing
information about management's expectations and plans relating to the future. Readers are cautioned
not to place undue reliance on these forward-looking statements as a number of important risk factors
and future events could cause the actual outcomes to differ materially from the beliefs, plans,
objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such
forward-looking statements. The Company cautions that the list of factors set forth in the Company's
filings that may affect future results is not exhaustive, and new, unforeseeable risks may arise from
time to time. The Company disclaims any intention or obligation to update or revise any forward-
looking statements or to explain any material difference between subsequent actual events and such
forward-looking statements, except to the extent required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
Figure 1 - Map of the Majorodam Project showing gridded Au-in-soil results relative to target areas
(names) and the Saramacca mine (operated by Zijin Mining Group).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11642/284135_figure_1.jpg
Figure 2 - Map of the Heuvel target area, defined by two Au-in-soil trends crossing Heuvel West and
Heuvel East. The plan map shows drill and trench traces with the location of significant intersects. The
Au-in-soil trend at Heuvel East is complicated by a detrital ferricrete cover that appears in the areas
immediately north and south of past drilling.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11642/284135_e607397d740f8a57_003full.jpg
Figure 3 - Map of Heuvel West, showing drillhole and trench traces, and significant interval locations,
relative to the Heuvel West Au-in-soil trend. Also shown is the location of the section shown in Figure
4.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11642/284135_e607397d740f8a57_004full.jpg
Figure 4 - Section across drilling completed around the high grade intersect in road cut MAJT25-029,
showing local geology and the interpreted mineralized zone. Significant intervals have been
calculated using a grade cut-off of 0.3 g/t Au, a minimum length of 5 m, and a maximum length of 5 m
of consecutive internal waste. Included significant intervals have been calculated using a grade cut-off
of 1.0 g/t Au, a minimum length of 3 m, and a maximum length of 2 m of consecutive internal waste.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11642/284135_e607397d740f8a57_005full.jpg
Table 1 - Significant intervals reported in this press release. * Significant intervals have been
calculated using a grade cut-off of 0.3 g/t Au, a minimum length of 5 m, and a maximum length of 5 m
of consecutive internal waste. Included significant intervals have been calculated using a grade cut-off
of 1.0 g/t Au, a minimum length of 3 m, and a maximum length of 2 m of consecutive internal waste.
Intervals reported are downhole lengths and may not represent the true width of mineralization.
Hole ID
From (m)
To (m)
Interval (m)
Au Grade (g/t)
Cuttoff* (g/t Au)
MAJD25-012
52.0
62.0
10.0
1.26
0.3
inc
58.0
62.0
4.0
2.97
1
MAJD25-013-W1
110.0
116.0
6.0
3.04
0.3
inc
111.0
116.0
5.0
3.46
1
MAJD25-014
60.7
76.0
15.3
3.72
0.3
inc
64.0
72.0
8.0
6.57
1
MAJD25-016
83.0
90.5
7.5
1.32
0.3
MAJD25-019
124.1
131.9
7.8
1.56
1
MAJR25-014
16.0
21.0
5.0
0.33
0.3
MAJT25-037
7.0
12.0
5.0
1.11
1
MAJT25-039
98.0
104.0
6.0
2.47
1
MJNT25-002
168.0
190.0
22.0
0.69
0.3
Table 2 - Collar coordinates of drillholes completed to date at the Majorodam Project, including