Harte Gold Announces First Shipments of Bulk Sample Ore to Barrick Gold Inc., Geophysical Survey and 5,000 Meter Drill Program
TORONTO, ONTARIO--(Marketwired - Apr 14, 2016) - Harte Gold Corp. ("Harte Gold") (TSX:HRT)(OTC:HRTFF)(FRANKFURT:H4O) - Harte Gold announced today that it has begun shipping bulk sample ore to Barrick Gold Inc.'s Hemlo Mill for processing and has retained Crone Geophysics and Exploration Ltd. to conduct a deep geophysical survey to be followed by a 5,000 m drill program.
First Ore Shipments
Harte Gold is pleased to report that it has begun shipping bulk sample ore to Barrick Gold Corp. for processing at the Hemlo Mill. The shipments are part of Harte Gold's 70,000 tonne advanced exploration bulk sample at the Sugar Zone property in northern Ontario. The Bulk Sample is on budget and on schedule, with completion expected prior to the end of the current year.
Exploration Program - 3D Geophysics Survey and Drill Program
Harte Gold has retained Crone Geophysics and Exploration Ltd. to conduct a 3D IP/Resistivity survey ("Survey") over the 2 km distance between the Sugar Zone Deposit and the Wolf Zone to test for the continuity of gold mineralization. The Survey will be followed by an initial 5,000m drill program to test geophysical targets.
The Survey will be conducted over a 1.5 km x 2.3 km area on 25 meter centers and will overlap the northern end of the Sugar Zone Deposit and southern end of the Wolf Zone in order to provide known gold mineralization and structural baseline data for the Survey. One of the benefits of the 25 meter centers and 3D imaging will allow Harte Gold to accurately locate position and elevation of any geophysical targets which will make it easier to test the targets under the follow up drill program. The Survey will begin in early May with the drill program to follow in June.
"A very significant milestone has been reached with the commencement of bulk sample ore shipments to Barrick's Hemlo Mill," said Stephen G. Roman, President and CEO of Harte Gold. "We're extremely pleased to have attained this milestone and anticipate receiving our first bulk sample revenue in May 2016. The Survey and drill program outlined above provide an excellent opportunity for Harte Gold to increase our current gold resource by testing the continuity of gold mineralization over the 2 km distance between the Sugar Zone Deposit and Wolf Zone. We believe there is strong potential for the two areas to be connected," said Mr. Roman.
About Harte Gold Corp.
Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone property where it has permitted a 70,000 tonne advanced exploration and bulk sample 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 guidelines. 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 adjacent to and on strike of Lakeshore Gold's Holloway Gold Mine.
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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
