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Message: Corona GoldCorp & H. Announce Drilling Program on Sugar Zone Property

Corona GoldCorp & H. Announce Drilling Program on Sugar Zone Property

posted on Apr 08, 2009 11:04AM

Attention Business Editors:

Corona Gold Corp. & Harte Gold Corp. Announce Drilling Program on Sugar Zone Property

    TORONTO, March 23 /CNW/ - Corona Gold Corp. ("Corona", TSX: CRG) and
Harte Gold Corp. ("Harte", TSX-V - HRT) are pleased to announce that they plan
to conduct a ten hole (2,000m) diamond drill program on the Sugar Zone gold
project commencing in late March or early April, 2009.
    The planned ten hole NQ size diamond core drill program is designed to
test near surface targets along the 3.5 km strike length away from the main
zone, as well as sub-parallel zones defined in either the recent airborne
magnetics survey completed in 2008 or in previous IP surveys conducted over
the zone. Holes are to be drilled to the northeast generally at an inclination
of 45 degrees and to an average depth of 200m. The drilling program is
expected to take one month to complete.
    The Sugar Zone contains a NI 43-101 compliant inferred resource of
904,400t @ 9.75g/t Au for 283,500oz of contained gold. The resource estimate
was performed by David S. Hunt, PGeo., of Sharpstone Geoservices Ltd., who is
an independent qualified person as defined by National Instrument 43-101. The
relevant report detailing the results of the resource estimate, "Resource
estimate of the Sugar Zone Project" is dated 17 May, 2004 and is filed on
SEDAR under Corona.
    The Sugar Zone property is subject to a joint venture agreement between
Corona, which holds a 51% interest, and Harte, which holds a 49% interest. The
Sugar Zone Property consists of 326 unpatented, unsurveyed, contiguous claims
consisting of 720 claim units within the Sault Ste. Marie Mining Division of
Ontario. The Property is located approximately 60 kilometres east of the Hemlo
gold camp and 25 kilometres northeast of White River. Corona is the operator
of the project. The project is located in the north-south trending
Dayohessarah greenstone belt and hosted within a major northwest-trending
linear structure that can be traced for 3.5 km. Outcropping gold
mineralization occurs within two parallel zones, separated by 10 to 15m and
occurring along a strike length of 1.1 km. The mineralization is hosted in
sugary white quartz veining located along these zones with a thickness of 2 to
12m and dipping on average 64 degrees to the southwest. Both zones are defined
by swarms of felsic porphyry sills hosted within mafic volcanics.
    Gary O'Connor, MAusIMM, Vice-President of Exploration for Dundee
Resources Limited, a consultant to Corona, and a qualified person as defined
by NI 43-101, reviewed the technical content of this press release on behalf
of Corona prior to distribution. George Flach, PGeo, a qualified person as
defined by NI 43-101, reviewed the technical contents of the release on behalf
of Harte.

    <<
    The TSX has not approved or disapproved the contents of this press
    release.

    The TSX Venture Exchange has not reviewed this news release and does not
    accept responsibility for the adequacy or accuracy of this release.
    >>

    %SEDAR: 00012331E


For further information: Corona Gold Corp., Murray John, President &
CEO, Tel: (416) 482-8606, Fax: (416) 924-7997; Harte Gold Corp., Stephen G.
Roman, President, Tel: (416) 368-3949, Fax: (416) 368-5146
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