Suche
 
Folgen Sie uns auf:

Harte Gold Drilling Hits Significant New 23 Meter Mineralized Footwall Zone

19.03.2018  |  GlobeNewswire

TORONTO, March 19, 2018 (GLOBE NEWSWIRE) -- HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX:HRT) (OTC:HRTFF) (Frankfurt:H4O) is pleased to report the discovery of a significant 23 meter wide “Footwall Zone” parallel to and 50 meters east of the Middle Zone Deposit.

Longitudinal Section Summary


Footwall Zone Discovery


The 23 meter Footwall Zone carries anomalous gold mineralization over its entire length with a high grade section of 5.41 g/t over 7.66 meters, including 14.80 g/t over 2.12 meters. The Footwall Zone was initially discovered at the south end of the Sugar Zone Deposit in early 2017. The significant intersection announced today suggests an entirely new zone of broad mineralization that may stretch over a wide area.

Stephen G. Roman, President and CEO of Harte Gold, stated that “This new discovery east of the Middle Zone has the potential to add significant new gold ounces to our recently updated resource of 1.5 million ounces. It is much wider than the Sugar Zone and as it was intersected at a relatively shallow depth, we feel it may continue to improve as we drill deeper.”

Mr. Roman added “In addition, the results reported in this press release, which is part of our program to move Middle Zone Inferred Resources to Indicated Resources, are clearly showing high grades over increased widths, which should have a materially positive impact on the overall gold grades reported in the Inferred Resources as we continue infill drilling.”

Highlights:

  • Major new “Footwall Zone” discovery east of the Middle Zone, 23 meters of anomalous gold grades up to 1 g/t, including a high grade core of 5.41 g/t over 7.66 meters and 14.80 g/t over 2.12 meters in hole WZ-18-129. The current infill drilling program at the Middle Zone will be modified with deeper holes to continue delineating this new zone.
  • Drilling between the Sugar Zone and Middle Zone confirms potential for convergence of the two zones at depth with hole SZ-18-241 returning 4.43 g/t over 1.96 meters, including 8.59 g/t over 1.00 meter.
  • Drilling in the Wolf Zone reconfirms mineralization north of the Gabbro Intrusion, returning 3.04 g/t over 6.07 meters, including a high grade core of 8.87 g/t over 1.87 meters.
  • Middle Zone assays from hole WZ-18-142 returned 21.16 g/t over 4.78 meters and hole WZ-18-138 returned 16.46 g/t over 6.55 meters suggesting the potential to materially improve the grade of the current Inferred Resources.
  • Mill construction is 60% complete and on schedule for commissioning by early Q3 2018.
  • See March 15, 2017 Site Video on the Company’s website: www.hartegold.com

Assay results have been summarized in the following tables:

Footwall Zone Discovery

Hole # From To Grade (g/t) Width (m)
WZ-18-126 615.85 622.70 3.03 6.85
WZ-18-129 632.34 640.00 5.41 7.66
Including 632.34 634.46 14.80 2.12

Sugar Zone and Middle Zone Convergence Area

Hole # From To Grade (g/t) Width (m)
WZ-18-241 1101.50 1103.46 4.43 1.96

Wolf Zone

Hole # From To Grade (g/t) Width (m)
WZ-18-151 608.33 614.40 3.04 6.07
Including 608.33 610.20 8.87 1.87

Middle Zone Infill Drilling

Hole # From To Grade (g/t) Width (m)
WZ-18-124W 612.4 615.5 12.14 3.10
Including 612.9 613.2 107.0 0.30
WZ-18-136 576.09 581.90 11.27 5.81
Including 577.92 579.32 38.50 1.40
WZ-18-137 723.27 727.97 17.49 4.70
Including 724.27 726.67 28.57 2.40
WZ-18-138 638.30 644.85 16.46 6.55
Including 640.77 641.95 84.29 1.18
WZ-18-142 636.35 641.13 21.16 4.78
Including 637.85 338.70 206.0 0.30

Core intersection lengths in the tables above approximate 80% true width, assay results are uncut, fire assay with metallic screen on samples >10 g/t

To see the image "Longitudinal Section Summary" please click on the following link: http://www.globenewswire.com/NewsRoom/AttachmentNg/e190d8e6-a291-45d2-b4f8-2159641a4ea3

To see the image "Footwall Zone Discovery" please click on the following link: http://www.globenewswire.com/NewsRoom/AttachmentNg/0de593c6-31f1-4711-81f3-ac376efb470d

Construction Update
Construction is progressing as planned and on schedule for commissioning by early Q3 2018. Overall mill construction is 60% complete with civil works and building construction finished. Installation of mill equipment is well advanced. All mill components have been shipped to site, including the ball mill.

Permitting Update
Harte Gold is working with the Ministry of Northern Development and Mines and the Ministry of Environment and Climate Change to finalize the remaining permits required to begin commissioning the mill in July and declaring commercial production in early Q3 2018.

QA/QC Statement
The company has implemented a quality assurance and control (“QA/QC”) program to ensure sampling and analysis of mine and exploration work is conducted in accordance with industry standards. Drill core is sawn in half with one half of the core shipped to Actlabs Laboratories located in Thunder Bay, ON, while the other half is retained at the Company’s core facilities in White River, ON, for future verification. Certified reference standards and blanks are inserted into the sample stream on a regular interval basis and monitored as part of the QA/QC program. Gold analysis is performed by fire assay using atomic absorption, gravimetric or pulp metallic finish. The mineral resource was prepared in compliance with NI 43-101 guidelines. Robert Kusins, P. Geo. and Harte Gold’s Senior Mineral Resource geologist, is the Company’s Qualified Person and has prepared, supervised the preparation, or approved the scientific and technical disclosure in this news release.

About Harte Gold Corp.
Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone property where it has recently completed a 70,000 tonne Advanced Exploration Bulk Sample at the Sugar Zone Deposit and mined 30,000 tonnes under its Phase I Production Permit. The Sugar Zone property is located 80 kilometers east of the Hemlo Gold Camp. Using a 3 g/t Au cut-off, the Mineral Resource Estimate dated February 15, 2018 contains an Indicated Mineral Resource Estimate of 2,607,000 tonnes grading 8.52 g/t for 714,200 ounces of contained gold and an Inferred Mineral Resource Estimate of 3,590,000 tonnes, grading 6.59 g/t for 760,800 ounces of contained gold.

Harte Gold also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone adjacent and on strike of the Holloway Gold Mine.

For further information, please contact:
Stephen G. Roman Shawn Howarth
President and CEO Vice President, Corporate Development
Tel: 416-368-0999 Tel: 416-368-0999
Email: sgr@hartegold.com E-mail: sh@hartegold.com

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Harte Gold Corp.
Bergbau
-
-
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"