Harte Gold Holds Annual General Meeting
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TORONTO, ONTARIO--(Marketwired - Jul 4, 2016) - Harte Gold Corp. ("Harte Gold") (TSX:HRT)(FRANKFURT:H4O)(OTC:HRTFF) is pleased to announce it held its Annual General Meeting of shareholders (the "Meeting") June 29, 2016. The Meeting was very well attended with over 80 people in attendance and 51.82% of issued and outstanding common shares represented in person or by proxy at the Meeting.
Stephen G. Roman, President and CEO provided an update on the Advanced Exploration Bulk Sample (the "bulk sample") at the Sugar Zone property and permitting initiatives related to its request for approval to increase the bulk sample by 30,000 tonnes to a total of 100,000 tonnes and, commercial production. Mr. Roman noted that wider mineralized zones encountered in the bulk sample to date (see News Release of June 28, 2016) mean the bulk sample is ahead of schedule and is providing valuable insight into the grade and continuity of the Sugar Zone deposit. Mr. Roman also reported preliminary results from the recently completed Crone Geophysics survey and noted a number of strong, untested resistivity anomalies within the 2.3km x 1.5 km survey area between the Sugar Zone and Wolf Zone deposits. A 5,000m drill program to test these anomalies is set to begin later this month.
At the Meeting, shareholders elected Richard Faucher, George A. Flach, Derek C. Rance, Stephen G. Roman, Douglas Scharf and Richard H. Sutcliffe to serve as Directors of Harte Gold. The table below sets out the voting results.
Director | Votes For | Votes Withheld | Outcome | |||
Richard Faucher | 153,985,327 (99.02%) | 1,522,700 (0.98%) | Carried | |||
George A. Flach | 153,990,327 (99.02%) | 1,517,700 (0.98%) | Carried | |||
Derek C. Rance | 153,287,272 (98.57%) | 2,220,755 (1.43%) | Carried | |||
Stephen G. Roman | 151,866,239 (97.66%) | 3,641,788 (2.34%) | Carried | |||
Douglas Scharf | 153,963,327 (99.01%) | 1,544,700 (0.99%) | Carried | |||
Richard H. Sutcliffe | 149,409,827 (96.08%) | 6,098,200 (3.92%) | Carried | |||
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 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 the Kirkland Lake Gold Holloway Gold Mine.
Common Shares outstanding: 326,885,231
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contact
Stephen G. Roman
President and CEO
416-368-0999
sgr@hartegold.com
David Ellis
Investor Relations Consultant
416-704-0937
davidellis@hartegold.com