Harte Gold Signs US$6M Term Sheet and Milling Agreement
posted on
Jul 16, 2015 09:37AM
CDNX : HRT / Wise Investors Acquire Gold
TORONTO, ONTARIO--(Marketwired - July 16, 2015) - HARTE GOLD CORP. ("Harte Gold") (TSX:HRT)(FRANKFURT:H4O)(OTC:HRTFF) is pleased to announce a number of recently completed key milestones in support of Harte Gold's 70,000 tonne Advanced Exploration and Bulk Sampling Program (AEBSP) on the Company's 100% owned Sugar Zone Gold Deposit located north-east of White River, Ontario.
Highlights - Advanced Exploration and Bulk Sampling Program
Exploration Update - Sugar Zone Property
The 2015 regional exploration program began July 2, 2015 and is focused on defining the extent of the recently discovered "Contact Zone" running to the north and north-west of Lake Dayohessarah. The Contact Zone consists of a sericite schist and mafic volcanic contact and holds the potential to host Hemlo style mineralization.
Exploration Update - Stoughton Abitibi Property
Harte Gold has received permit approval for a >20 hole exploration drill program which is designed to test potential extensions of "Smoke Deep" discovery gold mineralization at the neighboring St. Andrew Goldfields Holt Holloway property.
About Harte Gold Corp.
Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone property and is currently permitting an advanced exploration program for the Sugar Zone Deposit. The Sugar Zone property is located 60 kilometers east of the Hemlo Gold Camp and as per the Preliminary Economic Assessment dated July 12, 2012 contains an Indicated Resource of 980,900 tonnes, grading 10.13 g/t for 319,280 ounces of contained gold (uncapped) and an Inferred Resource of 580,500 tonnes, grading 8.36 g/t Au for 155,960 ounces of contained gold (uncapped). The mineral resource was prepared in compliance with NI 43-101. George A. Flach P. Geo, Vice President Exploration is the Qualified Person for Harte Gold. Harte Gold also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone which is directly adjacent to and on strike of St. Andrew Goldfield's Holloway Gold Mine and its high grade "Smoke Deep Discovery" in the Timmins, Ontario Porcupine gold camp.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Common Shares Outstanding: 257,240,532
Harte Gold Corp.
Stephen G. Roman
President and CEO
416-368-0999
sgr@hartegold.com
Harte Gold Corp.
David Ellis
Investor Relations Consultant
416-704-0937
davidellis@hartegold.com