Harte Gold Corp - Provides Corporate Update
27.03.2013 | Marketwired
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VTEM Target Drilling
Harte Gold has completed a four hole diamond drill program on the Ni-Cu VTEM anomaly located at the north end of the Dayhossarah lake on Harte Gold's Sugar Zone Property.
The drilling discovered a broad zone of semi massive to massive sulphides in Komatiites with intersections up to 160 metres in thickness with primarily pyrite and pyrrhotite.
Assays of the drill core contained minor amounts of nickel, copper, platinum and palladium. Some higher grade intersections of magnesium were discovered running up to 11% Mg and were associated with biotite schists. No further work will be done on this target at this time.
"The VTEM Survey clearly outlined an area of massive sulphides that was proven with the drilling," said Stephen G. Roman, Harte Gold's President & CEO. "Now we need to test the other VTEM targets we have generated with our 2012 survey, to potentially discover new areas of economic mineralization on the Sugar Zone Property."
Sugar Zone Deposit Bulk Sample Update
Harte Gold is pleased to announce the Ministry of Northern Development and Mines has accepted and filed its Closure Plan for the 70,000 tonne bulk sample. Harte Gold is proceeding with other permitting work associated with site preparation and underground development and looks forward to moving forward with this project.
Harte Gold is currently conducting a 1,500 metre seven (7) diamond drill hole program to establish 35 metre pierce points and confirm the grade in the bulk sample area. Assay results will follow.
QA/QC Statement
Diamond drill holes were drilled with NQ sized core in order to obtain larger sample volumes of the mineralized zones. The core was sealed and delivered by the drilling contractor to Harte's facilities located in White River, Ontario. The mineralized sections of the cores were photographed for reference, logged and mineralized sections were sawn in half. Sample lengths were 0.5 meters. Half core samples were bagged, sealed and delivered to Activation Laboratories in Thunder Bay, Ontario, an accredited laboratory. The remaining core is stored on site for reference. Samples were assayed by the fire assay method using an atomic absorption finish on a 50 gram pulp split. A quality assurance and quality control program (QA/QC) was implemented by Harte and the laboratory to ensure the precision and reproducibility of the analytical method and results. The QA/QC program includes the insertion of standards, blanks and field duplicates in the sample batches sent to the laboratory and a systematic re-assaying of samples returning values above 3 g/t Au by the fire assay method using a gravimetric finish.
The drill program is being conducted under the supervision of George A. Flach, P. Geo, Vice President of Exploration for Harte. Mr. Flach is the Qualified Person (QP) as defined in National Instrument 43-101 and has reviewed the technical information contained herein.
About Harte Gold Corp.
Harte Gold Corp. is focused on the 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 kilometres east of the Hemlo Gold Camp. and contains an NI 43-101 compliant 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). Harte also holds the Stoughton-Abitibi property located on and adjacent to the Destor-Porcupine Fault Zone in close proximity to the 2.5 million ounce Holt-Holloway Gold Mine in the Timmins, Ontario Porcupine gold camp.
Common Shares Outstanding: 190,181,554
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Harte Gold Corp.
Stephen G. Roman, President and CEO
416-368-0999, 416-368-5146 (FAX)
sgr@hartegold.com
Harte Gold Corp.
David Ellis, Investor Relations Consultant
416-704-0937
davidellis@hartegold.com
www.hartegold.com