Toronto, Ontario–(Newsfile Corp. – March 16, 2026) – Gold Hart Copper Corp. (TSXV: HART) (the “Company” or “Gold Hart Copper”) is pleased to announce that it has closed its non-brokered private placement of 71,590,822 units of the Company (each, a “Unit”) at a price of $0.26 per Unit for aggregate gross proceeds of $18,613,613.72 (the “Financing”). As disclosed in its March 5, 2026 news release, the Company has issued solely Units with proceeds immediately available to Gold Hart Copper, and not subscription receipts contingent upon the Proposed Acquisition (as defined herein).
The Company intends to use the proceeds from the Financing to advance its mineral resource programs in Chile, including accelerated drilling, trenching, geochem and geophysics at its Tolita, Toro, Cachitos, Casale Sur and Zelma concessions in the Vicuña District, and the Nessa Complex of assets (Nessa, Ringo, Manto Carolina, and Rebecca properties) along the Domeyko Fault System; and for working capital and general corporate purposes. Additional details regarding the Financing may be found below and in the Company’s prior press releases dated February 17, 2026 and March 5, 2026.
Robert Cudney, CEO of Northfield Capital Corporation, a significant investor in Gold Hart Copper, commented: “The overwhelming response to this financing speaks for itself. Northfield invested in Gold Hart Copper because its quality assets and geological team are first-rate, and the Vicuña District and Domeyko Fault System are rapidly emerging as two of the most important copper and gold belts on the planet. We look forward to the drilling.”
Isaac B. Maresky, CEO of Gold Hart Copper, commented: “For years we focused on rolling-up prime historic assets in the renowned Vicuña and Domeyko gold & copper belts of Chile. Even though we struck disciplined partnership-based deals with land owners, limited budgets generally forced us to focus the lion’s share of exploration and development singularly on our flagship asset – the Tolita gold-copper-moly-silver porphyry target in the Vicuña. Finally, we can accelerate exploration with dedicated budgets for all of our top properties and develop multiple high-potential assets simultaneously.”
Gold Hart Copper’s Tolita – Flagship Gold Copper Moly Silver Porphyry Target in Vicuña District
On February 23, 2026, Gold Hart announced completion of the drill hole DDHTOL01, which reached a depth of approximately 1,053m. Interestingly, the core continued to display encouraging characteristics, with multiple intervals showing strong hydrothermal alterations and mineralization consistent with a fertile porphyry-style environment. Gold Hart geologists observed multiple generations of veinlets and stockworks with varying intensities over intervals up to several hundred meters, banded veinlets with thicknesses of several cm, and locally chalcopyrite and bornite mineralization has been recognized in several of these veinlets. HART geologists do not believe the drill intercepted the same fault which caused a sterile zone in the middle of the initial 2 diamond holes.
In terms of next steps for the Company’s flagship Tolita Gold-Copper-Moly-Silver Asset in the Vicuña District of Chile, Gold Hart has already launched the next diamond drill hole – DDHTOL04 – which has now exceeded 500m. Gold Hart will provide an update upon completion of this diamond drill hole.
In addition the ongoing diamond drill campaign, Gold Hart anticipates launch of RC drilling at its high-grade trench – with up to 52g/t gold equivalent including 3.99% copper on surface. The objective of the RC campaign is to demonstrate higher grade pockets close to surface, beyond the larger porphyry target. The Company has added a video regarding this high-grade trench: https://www.youtube.com/shorts/s_tbILO1Gqk
Gold Hart recently hosted a site visit which included tours of the Tolita & Nessa assets. Gold Hart board and advisory board members including the honourable John R. Baird, Mark Kucher, and Aleta Shiff were also in attendance. In this 360-degree immersive video – which allows you to interactively toggle views – Gold Hart co-founder Jonathan Warner explains the diamond drilling process.
View complete publication: https://www.newsfilecorp.com/release/288658/Gold-Hart-Copper-Announces-Closing-of-Oversubscribed-18613613.72-Financing
