Greenheart Gold Business Summary

Greenheart Gold Inc. (GHRTF) operates as a pure-play mineral exploration company focused on the discovery and development of high-grade gold deposits within the Guiana Shield of South America. The company’s business model is centered on a high-velocity exploration strategy, leveraging a robust CAD $35 million cash runway to advance a portfolio of greenfield projects, most notably the Majorodam, Igab, and Tosso Creek projects in Suriname. As an early-stage explorer, Greenheart generates value through resource delineation and asset appreciation rather than traditional commercial revenue, utilizing a data-driven approach to rapidly test and prioritize targets. Within the competitive landscape, Greenheart Gold competes for capital and land position against other regional juniors and mid-tier explorers such as Thunder Mountain Gold, Xtra-Gold Resources, Fortitude Gold, and DynaResource. The company distinguishes itself through its strategic spin-off origin from the Reunion Gold and G Mining Ventures business combination, positioning it as a well-capitalized explorer with a specific focus on orogenic gold systems in under-explored terrains. The leadership team is comprised of the former executive core of Reunion Gold, renowned for the discovery of the 6-million-ounce Oko West deposit. President and CEO Justin van der Toorn, a Chartered Geologist with over 20 years of experience, leads technical operations following his tenure as VP of Exploration at Reunion Gold. He is supported by Executive Chairman David Fennell, a mining industry veteran who founded Golden Star Resources and Reunion Gold, and CFO Alain Krushnisky, who brings 30 years of sector-specific financial expertise. The board of directors features significant institutional representation, including Julie-Anaïs Debreil (VP of Geology & Resources at G Mining Ventures) and Karim Nasr (CIO of G Mining Capital), reflecting a strong strategic partnership with G Mining Ventures Corp., which remains a key stakeholder and technical collaborator.