Latest / Kitco MINING / Greenheart Gold Begins Drilling Its Top Suriname Target | Justin van der Toorn

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Greenheart Gold Begins Drilling Its Top Suriname Target | Justin van der Toorn · Kitco MINING

• 0:06
  SPEAKER_01: Gold Exploration in Suriname.
• 0:09
  SPEAKER_01: Hello and welcome to Kitco Mining with me, Paul Harris, here at the 2026 Precious Metal Summit in Beaver Creek, Colorado.
• 0:15
  SPEAKER_01: Joining me today is Justin Van Duntorn, CEO of Greenheart Gold, which trades on the TSXB under the ticket GHRT.
• 0:23
  SPEAKER_01: Justin, welcome to Kitco.
• 0:25
  SPEAKER_01: Good to see you, Paul.
• 0:26
  SPEAKER_01: I want to start right to you know go back to basics because uh Suriname imagines a country that most people perhaps haven't heard of or certainly couldn't find on the map.
• 0:34
  SPEAKER_01: So um let's start there.
• 0:36
  SPEAKER_01: You know, Suriname's in the Guyana Shield, you're very your neighbours to Guyana where there's been a lot of activity.
• 0:43
  SPEAKER_01: People are perhaps aware of some of the stuff that's been going on in Guyana.
• 0:46
  SPEAKER_01: Uh the same sort of rocks, the greenstone rocks, the belts go into Suriname.
• 0:50
  SPEAKER_01: Start off with talking about a little bit about um what the opportunity is in Suriname.
• 0:56
  SPEAKER_00: Well, it's it's very similar to really all the Guyana Shield.
• 0:59
  SPEAKER_00: So look, maybe just explain a little bit of background about Greenheart Gold.
• 1:02
  SPEAKER_00: You know, we we spun Greenheart Gold out of the merger of reunion gold and G mining ventures, uh, which was about two years ago.
• 1:11
  SPEAKER_00: Um, out of that we we we decided look, what we want to keep doing is what we think we're good at, which is the exploration and discovery phase.
• 1:17
  SPEAKER_00: So we set up Greenheart Gold.
• 1:18
  SPEAKER_00: And and yeah, our focus is both, uh I'd say Guyana and Suriname.
• 1:22
  SPEAKER_00: Um and it's it's really about the potential there.
• 1:24
  SPEAKER_00: I mean, you're you're working in a c in an area where you've got greenstone um belts that have been really underexplored.
• 1:30
  SPEAKER_00: And if you look at the history of all the different mines that are being found in the region, these are all outcropping discoveries, right?
• 1:36
  SPEAKER_00: These aren't complicated undercover discoveries.
• 1:38
  SPEAKER_00: It's really a matter of can you get ground?
• 1:40
  SPEAKER_00: Can you actually get out there and do the work?
• 1:42
  SPEAKER_00: And and those are two factors we think we've got an advantage in as a company that we've obviously been working in the region a long time.
• 1:48
  SPEAKER_00: We know a lot of um the local players, the people who have ground, and we also have a very capable team that's that's experienced in making discoveries in the shield as well.
• 1:56
  SPEAKER_00: So both countries, you know, a lot of potential.
• 1:58
  SPEAKER_00: I'd say Suriname's been probably a little bit, you're you know, you're right, a little bit over uh overlooked um in recent years, but it's seeing more and more activity starting to pick up as well.
• 2:06
  SPEAKER_00: And that's really off the basis of you know the the success that you've seen in Guyana within the same belt of rocks.
• 2:12
  SPEAKER_01: Is there an element to the that the fact that you know Guyana was um you know the the English is the official language there, has had a was very much within the UK or England sphere of influence, whilst Suriname was very much within the Dutch sphere of influence.
• 2:25
  SPEAKER_01: Is is there an impact there?
• 2:27
  SPEAKER_00: Yeah.
• 2:27
  SPEAKER_00: Um I don't I don't think it's really to do with the background.
• 2:30
  SPEAKER_00: I think just um for some reason Suriname hasn't seen the amount of exploration that Guyana's really seen consistently over the last 10 years.
• 2:37
  SPEAKER_00: Um so right now in Guyana you're seeing a lot more mines um that are in that development process.
• 2:42
  SPEAKER_00: Um obviously, you know, our Oka West discovery is going to go into production end of next year.
• 2:47
  SPEAKER_00: Um but um you know there's a lot of other mines that are getting developed right now and going through that final permitting process.
• 2:53
  SPEAKER_00: You know, Suriname has a long history of mining.
• 2:55
  SPEAKER_00: I mean, you've got you've got Newmont that's operating there with Marion, um the major Tier 1 uh project there.
• 3:00
  SPEAKER_00: You've got um Zgin that's now operating the Roosevelt mine, the satellite deposit to that, Saramaca.
• 3:05
  SPEAKER_00: So there's a lot of familiarity in the region and in Suriname for mining, and there's a lot of support for mining.
• 3:11
  SPEAKER_00: But I I think what we haven't seen is that consistent expiration over the last decade, whereas now we're starting to see more companies come in and starting to do that expiration with that's needed to lead up to that you know future mine development.
• 3:24
  SPEAKER_01: Well, David Fnell's certainly got a long history of operating in this uh sort of geological environment, had great success in Guyana most recently with reunion gold.
• 3:33
  SPEAKER_01: Um what what are some of the things you're bringing from that experience into Greenheart to look and give that consistent or do that consistent exploration in Suriname?
• 3:43
  SPEAKER_00: Well, and and and look, that plays a lot into our well, you know, what we think we do well, which is we we've got a long history here.
• 3:48
  SPEAKER_00: I mean, as you say, David's history is is obviously most recently with Reunion before that, um, you know, behind the discovery at Omai, before and also at Roosevelt and Suriname.
• 3:57
  SPEAKER_00: So David's got a long history of working in this part of the world and and therefore a lot of connections and a lot of respect locally.
• 4:03
  SPEAKER_00: I mean, you you mentioned his name, everybody knows who he is in in this industry.
• 4:06
  SPEAKER_00: Um, so you know, we're we're bringing one an understanding of how to operate um and how you can do deals, how you can actually work well with the with the uh local, be they the local businessmen, the local individuals who are who hold ground in both countries, um, but also an understanding of the geology and and what works and what doesn't.
• 4:23
  SPEAKER_00: Um and that's something we we bring out of our experience at reunion, um, but also you know, out of the history of David's kind of legacy in this region as well.
• 4:32
  SPEAKER_01: Okay, so what is the secret source to finding deposits in in this kind of geological environment?
• 4:37
  SPEAKER_01: You know, again, what what are you gonna bring from the prior experience of reunion gold that you're looking to deploy and hopefully be successful within Serena?
• 4:45
  SPEAKER_00: I I mean a lot of a lot of what we're doing is really just systematic exploration.
• 4:49
  SPEAKER_00: So um, you know, I I think exploration at the end of the day it can be a bit of a numbers game, and and you have a bigger chance of success the more properties you're turning over.
• 4:57
  SPEAKER_00: So that's our approach here is we want a portfolio of probably five or six projects at the end of the day across both countries.
• 5:04
  SPEAKER_00: Um right now we're a little bit lighter on that.
• 5:05
  SPEAKER_00: We've got three projects operating in in Suriname, and those are a little bit more advanced.
• 5:09
  SPEAKER_00: And we have one project over in Guyana called Gold Hill, uh, which is still a little bit of an earlier stage.
• 5:13
  SPEAKER_00: But I I think if you're if you persevere, if you do the work properly, um you you demonstrate you can actually get out there and and do what you say you're gonna do, I think it turns into a success in the long run.
• 5:24
  SPEAKER_01: Okay, before we go into greater depth with the projects, I want to sort of take another sort of step back because uh the that the region has been attracting interest from bigger gold companies.
• 5:35
  SPEAKER_01: Um Gmining's you know obviously looking to build into a mid-tier and perhaps even beyond, you know, Barrett Gold's been in there.
• 5:41
  SPEAKER_01: You mentioned some of IM Gold's been in there, Newmont's been in there, or is in there, um, and others.
• 5:46
  SPEAKER_01: Um you haven't yet got a strategic partner of that nature.
• 5:50
  SPEAKER_01: You've got uh La Mancha investments as a almost 20% shareholder.
• 5:55
  SPEAKER_01: Um is that something that's do you see that as being eventually part of your course that you'll get a bigger company in as a strategic?
• 6:02
  SPEAKER_00: Um I I don't think we're in a rush to do that.
• 6:04
  SPEAKER_00: I think you know La Mancha was a was a big supporter of ours in the reunion days.
• 6:07
  SPEAKER_00: Um we a lot if you look at our shareholders, I mean we're we're very heavily on the institutional side.
• 6:12
  SPEAKER_00: Um and if you look at our uh shareholders, pretty much what we had at reunion as well.
• 6:16
  SPEAKER_00: Um La Mancha wanted to increase their stake in the company, so we we we did a financing with them um at a time we thought you know the share price was sitting at a good point.
• 6:24
  SPEAKER_00: So um we uh we raised an additional$60 million back in back in May, and that's now means that we're sitting on about$75 million in cash uh Canadian.
• 6:33
  SPEAKER_00: Um and that obviously means we've got a bit of runway ahead of us because you know, really at early stage projects you can only spend so much um without you know tripping over yourself or or just wasting money.
• 6:42
  SPEAKER_00: So we're very conscious of the fact we've got a healthy treasury, we want to maintain that and really spend money in the ground and make sure we're doing that efficiently.
• 6:49
  SPEAKER_00: So um I think you know ultimately it's too early for us to say what we want to do.
• 6:53
  SPEAKER_00: We we've obviously had discussions with pretty much everybody who's interested in this part of the world, and you're seeing a big shift, especially out of West Africa, into the guy in the shield groups that understand the geology, um, but they're looking for somewhere that's maybe got a little bit more political stability and a faster runway to go from discovery through to production.
• 7:11
  SPEAKER_01: Okay, well let me sort of turn that question around from a different direction then.
• 7:13
  SPEAKER_01: You haven't got a strategic at the moment.
• 7:15
  SPEAKER_01: What are strategics looking for?
• 7:17
  SPEAKER_01: What would get them really interested in you?
• 7:19
  SPEAKER_00: Um, I think I think any well, uh quite frankly, we've we've seen a lot of groups coming just looking for a way in.
• 7:25
  SPEAKER_00: Um it's not the easiest part of the world to work in.
• 7:28
  SPEAKER_00: There is a requirement to have those local relationships to be able to get ground in the first place.
• 7:32
  SPEAKER_00: Um and I think that's something that pretty much all the strategics are looking for is how can we get in?
• 7:38
  SPEAKER_00: How and obviously if it's a more advanced project, then then they'd like to see some kind of runway to development as well.
• 7:43
  SPEAKER_00: You know, we we operate quite early in that in that expiration, uh, in the expiration stages.
• 7:48
  SPEAKER_00: So um I'd say for us at the moment, we're quite happy pushing projects forward um on our own, on our own, on our own capital.
• 7:55
  SPEAKER_00: Um, but yeah, at some point we might we might decide yes, we need someone else to come in.
• 7:59
  SPEAKER_01: Because that's perhaps getting into the realm of you know, project generators, prospect generators where the majors um look to earn in and benefit on the initial work that a a junior company's done.
• 8:09
  SPEAKER_00: And and you know, and I I would say I wouldn't really classify us as a prospect generator.
• 8:13
  SPEAKER_00: I think you know we we really have the ability to go all the way through to I would say past resources passed into PEA, and that that's the kind of commitment we have to bring in a project all the way through.
• 8:22
  SPEAKER_00: And we think that's the best way to capture value for our shareholders as well.
• 8:26
  SPEAKER_00: But um, but yeah, that's that's what you know people are looking for, and that's what they're interested in in this part of the world.
• 8:32
  SPEAKER_01: Okay.
• 8:33
  SPEAKER_01: Um let's go back to the sort of balance sheet and the finance.
• 8:35
  SPEAKER_01: You said you've got$75 million Canadian, you did a$60 million financing with La Mancha earlier this year.
• 8:42
  SPEAKER_01: Uh that's obviously a big chunk of money given the early stage, and as you say, there's only so fast you can spend it.
• 8:48
  SPEAKER_01: So um that begs the question then why such a big fundraiser at a moment in time when you just can't spend that amount of money?
• 8:54
  SPEAKER_00: Well, I mean, look, at the end of the day, you don't know what's going to happen to the market.
• 8:56
  SPEAKER_00: I mean the market's wonderful at the moment, um, but you know, that can always change.
• 9:00
  SPEAKER_00: So we wanted to set ourselves up with success.
• 9:02
  SPEAKER_00: We we also really see having that capital in the treasury as being really a core strategic asset of us because we want to be able to go after projects.
• 9:10
  SPEAKER_00: We want to spend the money in the ground, but we want to also be okay with failing and we move on to another one.
• 9:15
  SPEAKER_00: So we've done it already with a couple of projects in Guyana where we we we brought them to a point where we drill tested them and we said, okay, this this we're not seeing the potential that we need for a project that's going to be so remote in the interior.
• 9:26
  SPEAKER_00: And so we said, well, that's fine, we're we're gonna move on.
• 9:28
  SPEAKER_00: And having that capital on the bank means you're not desperate to try and deliver results out of something or out of a project that doesn't really necessarily warrant that kind of work.
• 9:36
  SPEAKER_00: Um, so ultimately we said, okay, that's fine, we can move on to another project, and having the treasury means we don't have to go back to the market every year and ask for for more.
• 9:44
  SPEAKER_00: So that's one side of it.
• 9:46
  SPEAKER_00: The other side is also, you know, we we expect success.
• 9:49
  SPEAKER_00: We expect, you know, one or one or more of these projects to to turn into something uh much more meaningful, in which case we also don't want to lose momentum, right?
• 9:55
  SPEAKER_00: We recognize that time is is very valuable here.
• 9:58
  SPEAKER_00: So we want to be able to keep pushing forward, and having that capital means that we can deploy it whenever we want to add more rigs to a project, to do a big drill out without having to then wait and go through the whole market process.
• 10:09
  SPEAKER_01: W what would what would um you consider success within the context of what you're doing?
• 10:14
  SPEAKER_01: Sort of coming across a target that has the potential for two, three, four, five million ounces, one, two grams per ton, is that sort of what you're sort of tilting towards?
• 10:22
  SPEAKER_00: And I think if you look at the historic discoveries, I mean you're you're looking at that, you know, multi, multi-million ounce, two to three gram kind of range, and and Oka West was a good example of that.
• 10:31
  SPEAKER_00: Um it depends where you are.
• 10:34
  SPEAKER_00: That that is the other thing I think you've got to be very honest with yourself about if you're looking for a project that's in the middle of the interior, if it's not three, four million ounces, you're probably not gonna be able to develop it because the costs of of that development are gonna be too high.
• 10:47
  SPEAKER_00: Um, we have a couple of projects that are actually very close to existing operations.
• 10:50
  SPEAKER_00: So our um Mayor Dam project sits very close to Saramaka, and then our e-gab project sits very close to Newmont's uh Merion operations.
• 10:58
  SPEAKER_00: So both those are a little bit different in that we don't necessarily need a standalone project, and and you know, it lowers the threshold for what you need to discover there.
• 11:05
  SPEAKER_00: So I think you do need to decide a little bit on what's the threshold you require depending on the location of the project.
• 11:11
  SPEAKER_00: But yeah, ultimately our our Tosso Creek project, for example, you know, we want to see that multi-million ounce potential.
• 11:17
  SPEAKER_00: And I think we're seeing that right now.
• 11:18
  SPEAKER_00: We just started drilling on that one.
• 11:19
  SPEAKER_01: Okay, obviously it's a great benefit if you can piggyback on the infrastructure that uh an existing mine has put in place.
• 11:25
  SPEAKER_01: Okay, well, let's talk more about the projects.
• 11:26
  SPEAKER_01: You mentioned three just then IgAB, Majoradum, and Tosso Creek.
• 11:30
  SPEAKER_01: Talk me through those.
• 11:31
  SPEAKER_00: Okay, so Major Dam, that's probably our the first project we had in the company.
• 11:35
  SPEAKER_00: Um we expanded from about 100 square kilometers of land to 250.
• 11:40
  SPEAKER_00: Um we've done a number of drilling programs there, including a recent 12,000 meter RC program.
• 11:45
  SPEAKER_00: The results are, you know, we're still figuring out exactly how the continuity fits there.
• 11:49
  SPEAKER_00: Um but as I mentioned, it it because of the location, we're five kilometers south of Saramaca.
• 11:54
  SPEAKER_00: Um, you know, you don't need a big discovery there to make something that's going to be of a lot of value to Greenheart.
• 11:59
  SPEAKER_00: So that project, you know, we're we're working on, we're kind of developing what the next steps are going to be.
• 12:04
  SPEAKER_00: EGAB, um, we've done about 3,000 meters of diamond drilling there just this year.
• 12:08
  SPEAKER_00: Uh we've been following up very high-grade trenches.
• 12:11
  SPEAKER_00: Um, you know, in some cases we see the conversion into drill holes, in some cases we don't.
• 12:15
  SPEAKER_00: And that really reflects the fact that this belt, and we see this with other companies as well, that there's quite a lot of structural complexity in this southern greenstone belt in Suriname.
• 12:22
  SPEAKER_00: So, you know, that again, we're we're sitting back now, we're trying to figure out how we now approach this.
• 12:27
  SPEAKER_00: We still have, you know, we've tested one of five targets basically on the project.
• 12:31
  SPEAKER_00: We still have a few others that we were working through.
• 12:33
  SPEAKER_00: We're going to do a number of RC fences across the big plateau that sits in the middle of the project.
• 12:38
  SPEAKER_00: So topographically, there's a lot of challenges.
• 12:40
  SPEAKER_00: It's it's not an easy project by all means, but um, yeah, the grades are very encouraging.
• 12:44
  SPEAKER_00: We just now need to figure out how do we build volume out of that.
• 12:47
  SPEAKER_00: Um, our third project, Tulso Creek, we just started drilling two weeks ago, and I would say this one's probably the one that has captured all of the market attention.
• 12:53
  SPEAKER_00: We we've we've got very long, very large um soil, golden soil anomalies there covering about five, six kilometers.
• 13:00
  SPEAKER_00: We've been converting that into trench uh results.
• 13:03
  SPEAKER_00: So we're hitting you know intervals of 50, 60 meters, running 0.9 to a gram over about five kilometers of strike length now.
• 13:12
  SPEAKER_00: Um so that one we're very excited about.
• 13:14
  SPEAKER_00: Within that, we do see some higher grade zones.
• 13:16
  SPEAKER_00: So we've got a couple of higher grade hits, seven meters of four and a half grams or so.
• 13:19
  SPEAKER_00: And we're trying to understand what are the controls on those higher grade portions because obviously that's gonna help the economics of any future development.
• 13:26
  SPEAKER_00: Um so right now we started drilling, we've got a 2,000 meter program underway.
• 13:29
  SPEAKER_00: Um, like I said, we're not overcommitting to things um from the get-go.
• 13:33
  SPEAKER_00: We want to make sure we systematically test the kind of structural understanding, test our own kind of uh belief in what what you know we're gonna see in the fresh rock beneath.
• 13:42
  SPEAKER_00: Um and then once we have that, once we have the results back, we'll commit to a larger program there.
• 13:46
  SPEAKER_00: But that one's coming along very nicely.
• 13:48
  SPEAKER_01: Okay.
• 13:48
  SPEAKER_01: As we sit here today, then is Tosso Creek the one that uh seems the most likely candidate to uh or highest priority candidate to go forward to resource definition?
• 13:57
  SPEAKER_00: I would say yeah.
• 13:58
  SPEAKER_00: I said right now that's that's our top priority um to try and get over that threshold and be able to say yes, we want to move into you know more of a you know footprint definition drilling before we then go into anything further.
• 14:08
  SPEAKER_00: So one step at a time, but we're we're getting there.
• 14:11
  SPEAKER_01: So going back to reunion Oko Oko West, uh shear structure, is is it similar to what you're looking for here?
• 14:16
  SPEAKER_00: It's it's actually not.
• 14:17
  SPEAKER_00: Um I you know we we we obviously have quite a lot of understanding about how Oco West uh fits together and how it was fallen and what the controls are.
• 14:26
  SPEAKER_00: We obviously use that when we go and select other ground, but then quite often we find that our initial hypothesis that this might be a similar scenario doesn't actually pan out, but there's other gold mineralizing structures around.
• 14:37
  SPEAKER_00: So I would say we haven't found anything quite as similar as as OCO yet.
• 14:42
  SPEAKER_00: Um but that's you know one of the things that we've got on the list is to keep looking for um and to find that kind of you know I mean oh okay is just unique in its in its you know 70 meters of continuous mineralization running you know two to four grams.
• 14:54
  SPEAKER_00: I mean that that was a it was a wonderful project to work on and see in the core.
• 14:58
  SPEAKER_01: Now you mentioned one of the the benefits of having such a large treasury is it enables you to be quite sort of clinical about uh the exploration success, and if something isn't making the grade, you can sort of walk away from it and look for something else.
• 15:11
  SPEAKER_01: What are what are the things that would see you cut loose one of the projects?
• 15:16
  SPEAKER_00: I I think volume is is the big thing.
• 15:18
  SPEAKER_00: So yes, you need grade, yes, you need you know you need you need to see that there's that large potential, but that large potential comes out of do you have a large mineralized system?
• 15:27
  SPEAKER_00: Um so you know, quite often, and and you can spend a lot of time chasing after where the small-scale artisanal miners are working, but you've got to remember these guys are looking quite often at very different mineralized styles.
• 15:38
  SPEAKER_00: They're they're looking for high-grade quartz veins with running you know half an ounce to an ounce, makes wonderful money for them, but it doesn't really build an economic mine, um, a large-scale economic mine.
• 15:49
  SPEAKER_00: So we we are looking for something slightly different.
• 15:51
  SPEAKER_00: Obviously, the artisanal mining provides a fantastic vector to areas where there's gold mineralization, but yeah, we we end up looking for something slightly different.
• 15:59
  SPEAKER_00: And so we had a project in Guyana, for example, where we drilled beautiful high-grade quartz veins, but yeah, we we didn't see a way that that was going to convert into a multi-million ounce project, and given where it was located, it needed to have that size for any chance development.
• 16:13
  SPEAKER_01: So multi-million ounces sort of district scale few or at least multi-million ounce to get into that sort of district scale kind of uh possibility.
• 16:22
  SPEAKER_00: Yeah, we have to be able to see that because if you don't see that, then then you know you have to ask yourself, well, is this ever going to become a development?
• 16:28
  SPEAKER_00: And there might still be something in those, but we've committed to really taking advantage of the fact that we're looking for outcropping of um deposits in in this part of the world rather than going out for the more complicated, longer discovery stories.
• 16:40
  SPEAKER_00: Um we think we think the advantage is trying to do the quick and easy you know exploration up front.
• 16:45
  SPEAKER_01: You mentioned um access to property is is a key factor.
• 16:50
  SPEAKER_01: You you've got three projects you're working on.
• 16:52
  SPEAKER_01: And talk to me a little bit about the the the your your pipeline generation, you your hand team sort of looking out, trying to get other concessions to bring in.
• 17:00
  SPEAKER_00: So it's a it's a number of approaches.
• 17:02
  SPEAKER_00: I mean, look, we we you know you mentioned David Fennel earlier.
• 17:05
  SPEAKER_00: I mean, when David's in country, it's it's literally a constant stream of people coming with projects because they they know David's history.
• 17:11
  SPEAKER_00: And um, so we we do get a constant offering of projects from people sometimes, and we'll we'll look at them and we'll we'll make an evaluation is this something that we think has potential or not.
• 17:19
  SPEAKER_00: Um but and then we also have a have a group that's actually doing kind of more prospectivity ranking across uh both countries and trying to say, well, this is where we want to be, and then we have to go after how do we negotiate and find the owners there and then negotiate, get introduced.
• 17:32
  SPEAKER_00: It's a very, you know, both countries are very very heavy in building relationships.
• 17:36
  SPEAKER_00: Um so you need to build that trust first before you can really do those deals.
• 17:39
  SPEAKER_00: But um, yeah, we're we work through that and then we we try and pick up projects.
• 17:43
  SPEAKER_00: So right now we're we're looking at getting some additional projects in Guyana.
• 17:47
  SPEAKER_00: Um, as I mentioned, we're a little bit light at the moment.
• 17:49
  SPEAKER_00: We wanted to have a bit more of a balance between the two countries.
• 17:51
  SPEAKER_00: Um so we're gonna be adding a couple of more projects in the near term, um, and then we'll have a bit more of a balance.
• 17:56
  SPEAKER_00: But we we think it's important to keep that early stage pipeline coming in.
• 17:59
  SPEAKER_00: So even though we're drilling on another project, is to have some early stage projects coming in that we can keep in the background there.
• 18:05
  SPEAKER_01: As part of that generative activity, is there a sort of great deal of geological information that you're able to sort of tap into and you know apply your hypothesis to, or is it really a case of you know taking a thumbstock and then starting from scratch?
• 18:18
  SPEAKER_00: It's it's it depends where I'll you know, going back to your earlier question about Suriname and what one thing that Guyana actually had and and the British Geological Survey and then the Guyanese Geological Survey has continued is to continue building those large-scale countrywide data sets.
• 18:32
  SPEAKER_00: So there is more data available in Guyana.
• 18:35
  SPEAKER_00: Um Suriname doesn't quite have that same coverage, they have some very good geology maps, and um there's there's been a lot of work also by the Dutch Geological Survey back in the day and and now um by the Surinamese.
• 18:46
  SPEAKER_00: But um, yeah, the there are data sets available, there are big you know, national um geophysics data sets available.
• 18:52
  SPEAKER_00: Guyana is actually now committed to a big national inventory um mineral inventory program.
• 18:57
  SPEAKER_00: They're flying a big survey over the north of the northern Guyana uh greenstone belts in Guyana.
• 19:02
  SPEAKER_00: So that's all gonna help attract more people as well.
• 19:05
  SPEAKER_00: And we're we're you know, we're which want to spend time with the governments as well and explain that you know it it it's funny, or well, not funny, but I mean you you quite often you you talk to governments and it takes a while to be able to explain look, you're in competition with other countries because investors can choose where they're gonna put their money.
• 19:21
  SPEAKER_00: So the more advice the more kind of of a head start you can give the investors and the exploration companies, the better it's gonna be in the long run for developing those big minds.
• 19:30
  SPEAKER_01: Okay, thank you for that.
• 19:32
  SPEAKER_01: Um let's come to the end of our conversation.
• 19:34
  SPEAKER_01: What are some of the sort of key catalysts our viewers should be watching out for from you for the over the next 12 to 18 months?
• 19:40
  SPEAKER_00: Yeah, so so we got new projects coming in, the pipeline, uh, as I said, mostly in Guyana.
• 19:45
  SPEAKER_00: We're gonna have uh drill results coming out from our Tosso Creek program, and then hopefully we're seeing that continue and develop into a larger program.
• 19:51
  SPEAKER_00: Um, and then we'll be we'll continue our work on the other two projects we have in Suriname as well and keep trying to build up more value out of those as well.
• 19:58
  SPEAKER_00: So, you know, we're we're here to make the next words and make another discovery.
• 20:02
  SPEAKER_00: Um, you know, we we think we've we understand how it needs to be done and we're gonna keep pushing on that.
• 20:07
  SPEAKER_01: Well, I wish you the best of luck there.
• 20:09
  SPEAKER_01: Once again, greenheart gold trades on the TSX V under the ticket G H R T.
• 20:14
  SPEAKER_01: Justin van den Tor, thank you very much for joining me today.
• 20:17
  SPEAKER_01: No problem.
• 20:17
  SPEAKER_00: Thanks, Paul.
• 20:18
  SPEAKER_01: And we have a lot more to come from the 2026 Precious Metal Summit here in Beaver Creek in Colorado, so stay tuned and hit that subscribe button.
• 20:26
  SPEAKER_01: I'm Paul Harris, and this is Kiku Mining.