Exciting News Release
posted on
Aug 11, 2010 04:17AM
CDNX : HRT / Wise Investors Acquire Gold
Strong IP Anomaly Coincides With High Grade Peacock Showing |
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Date : | 08/10/2010 @ 6:30PM |
Source : | MarketWire |
HARTE GOLD CORP. ("Harte") (TSX VENTUER: HRT)(FRANKFURT: H4O) is pleased to announce that initial results of the Induced Polarization ("IP") survey currently underway at the Sugar Zone Project have been received.
Results show a "strong IP anomaly" as shown in Figure 1 (click here for Figure 1: http://media3.marketwire.com/docs/harte.pdf) surrounding the high grade Peacock showing recently discovered by Harte geologists (see News Release dated July 21, 2010). Two other distinct anomalies have been detected and will be further assessed by trenching and drilling.
IP surveys are used to detect sulphide mineralization. ("sulphides"). It is clear that the gold at this prospect is associated with sulphides.
To date five line kilometres of a minimum of 30 kilometres have been completed. Line spacings in the survey are 100 metres apart in a north-west (strike) direction. The IP survey results have been interpreted by Blaine Webster, President of JVX Inc., an independent geophysical consultant who stated "On Line 14600N of the survey area there is a strong IP anomaly from 10050E to 10100E. The Peacock Showing is at 10070E. There are also two moderate to strong IP anomalies that flank the sample area".
"The correlation of the IP results with the recently discovered high grade showing is very positive and merits the expansion of the survey area to include additional lines in order to define the extent of the anomalies" said Stephen G. Roman, Harte's President & CEO. "The anomalies ran the entire 600 metre length of the recently completed survey".
On completion of the IP surveys Harte will proceed with a trenching program in preparation for diamond drilling to confirm whether these samples are a bedrock occurrence.