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Greenheart Gold (OTCQX:GHRTF) has granted incentive stock options to its newly appointed board member, Julie-Anaïs Debreil. The options allow for the purchase of 200,000 common shares at an exercise price of C$0.85 per share.
The options have a five-year term expiring on September 4, 2030, and will vest in three tranches over a two-year period. Both the director appointment and stock options are pending TSX Venture Exchange approval.
Greenheart Gold (OTCQX:GHRTF) has initiated diamond drilling programs at two key projects: Majorodam in Suriname and Tamakay in Guyana. At Majorodam, recent channel sampling revealed significant mineralization of 18m @ 6.39 g/t Au, including a high-grade quartz vein yielding 4.0m @ 24.07 g/t Au.
The company has completed 610 meters across three holes at the Heuvel Prospect as part of a 2,500m Phase 2 drill program. At Tamakay, a 1,200m Phase 1 diamond drill program commenced in mid-August 2025. The company has also strengthened its team with the appointment of Tim Stubley as Senior Manager, Exploration, bringing over 15 years of mineral exploration experience.
Additionally, Greenheart Gold signed the definitive Igab Option Agreement, requiring total payments of US$3.4 million over four years, with drilling expected to commence in Q4 2025.
Greenheart Gold (OTCQX:GHRTF) has appointed Julie-Anaïs Debreil, P.Geo., Ph.D. to its Board of Directors. Debreil, who currently serves as Vice President of Geology & Resources at G Mining Ventures Corp., replaces Dušan Petković as G Mining's nominee on the Board pursuant to their July 2024 investor rights agreement.
Debreil brings nearly two decades of international experience in exploration, mine development, and resource management. She holds a Ph.D. in Economic Geology and is a registered professional geologist in Quebec and Ontario, having led multidisciplinary teams across the Americas with notable achievements in mineralization discoveries and operational improvements.
Greenheart Gold (OTCQX: GHRTF) has filed a NI 43-101 Technical Report for its Tamakay Gold Project in Guyana, South America. The report, dated July 28, 2025, with an effective date of July 1, 2025, was prepared by Ross Sherlock, Ph.D., P.Geo.
The Technical Report was requested by the TSX Venture Exchange as part of Greenheart Gold's listing application process. Through its Guyana subsidiary, the company holds an option to acquire 100% interest in the Tamakay Project. The report is now available on SEDAR+ and the company's website.
Greenheart Gold (OTCQX:GHRTF) announced the resignation of Mr. Dušan Petković from its Board of Directors, effective July 28, 2025. The resignation follows Mr. Petković's departure from his position as Senior Vice President, Corporate Strategy at G Mining Ventures Corp. Mr. Petković had previously been nominated to Greenheart Gold's board by G Mining.
Justin van der Toorn, President and CEO of Greenheart Gold, acknowledged Mr. Petković's contributions and extended best wishes for his future endeavors.
Greenheart Gold Inc. (TSXV: GHRT) (OTCQX: GHRTF) has announced its upgrade from the OTCQB Venture Market to the OTCQX Best Market, the highest tier of U.S. OTC Markets. The company will begin trading on the OTCQX under the symbol "GHRTF" starting May 27, 2025.
The OTCQX Market is designed for established companies meeting higher financial and governance standards, aiming to enhance visibility and accessibility to U.S. investors. Greenheart Gold will maintain its listing on the TSX Venture Exchange under "GHRT".