Harte Gold Announces Completion of Phase Two IP Survey
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Strike length of Five High Priority IP Anomalies up to 1,600 meters
TORONTO, ONTARIO--(Marketwired - Jun 26, 2014) - Harte Gold Corp. ("Harte Gold") (TSX:HRT) (FRANKFURT:H4O) is pleased to announce the completion of the expanded Phase Two Induced Polarization ("IP") survey on the Sugar Zone Property, located 60 kilometers east of the Hemlo gold mines currently being operated by Barrick Gold Corp..
Phase Two IP Survey
The survey was successful in identifying significant extensions to the five high priority IP anomalies located "up- ice" of the Peacock boulder train identified in the Phase One survey (see news release dated June 2, 2014). In addition, significant extensions to both the Wolf Zone and the Sugar Zone Deposit were discovered, as well as several new IP anomalies en echelon to each of the Wolf Zone and Sugar Zone Deposit. See attached map.
The five high priority IP anomalies were traced an additional 700 meters to the north. These IP anomalies are now 1,200 meters long while other parallel anomalies are 1,000 meters to 1,600 meters in length.
Magnetometer Survey
A detailed ground Magnetometer ("Mag") survey has been completed over the entire grid covered by the two IP surveys. The Mag survey took readings every two meters and will assist in classifying the IP anomalies and help to define structures that are controlling mineralization and/or off-setting zones, as well as locate any younger mafic dikes (diabase dikes) that cut across the stratigraphy.
In the course of cutting and traversing the grid, many newly discovered rusty boulders have been located as well as other angular sericitic slabs. A program of detailed mapping, boulder tracing and sampling, and a limited till sampling program will be carried out over the next three weeks prior to drilling in order to properly prioritize drill targets. This occurrence of mineralized boulders suggests there may be a number of bedrock sources for any new mineralization. Every IP anomaly found in the survey area will be tested in order to confirm mineral content.
Summer 2014 Drill program
The drill program is scheduled to begin on July 15, 2014 and is expected to consist of an initial 40 hole test program. The five "up-ice" priority IP anomalies referenced above will be the first target area to be drilled.
QA / QC Statement
The Induced Polarization ("IP") and Magnetometer ("Mag") surveys are being conducted under the supervision of Robert S. Middleton P.Eng. Mr. Middleton is an "independent qualified person" for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators and has verified the data disclosed in this release.
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 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: 226,995,346
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contact
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