Harte Gold Corp.

Harte Gold Corp.

January 03, 2008 14:32 ET

Harte Gold Closes $165,000 Private Placement

TORONTO, ONTARIO--(Marketwire - Jan. 3, 2008) - HARTE GOLD CORP. (TSX VENTURE:HRT)(FRANKFURT:H4O) - Mr. Robert J. Platt, President & CEO of Harte Gold Corp. (the "Company" or "Harte"), is pleased to announce that Harte has completed a non-brokered private placement of 825,000 Units at a price of $0.20 per Unit. Each Unit is comprised of one (1) common share with "flow-through" tax benefits (a "Flow-Through Share") and one-half (1/2) share purchase warrant ("Share Purchase Warrant"). Each full Share Purchase Warrant grants the holder the right to purchase one (1) Harte non flow-through common share at a price of $0.25 per share on or prior to December 31, 2008. An insider purchased 35,000 of the foregoing Units. All securities issued under the Offering are subject to a hold period of four (4) months plus one (1) day from the date of closing.

The Company paid a finders fee of 82,500 Units in respect of the financing. Proceeds from the sale of the Flow-Through Shares will be used for exploration and development of Harte's mineral properties.

About Harte Gold Corp.

HARTE GOLD CORP. is a Canadian gold development company with a corporate mission to become a gold producer in the heart of Canada's Abitibi Gold Belt. Currently, the Company holds a 65% interest in its Stoughton-Porcupine Property which now encompasses 3,007 hectares of prime geology along the Destor-Porcupine Fault Zone within the world-renowned Abitibi Gold Belt. The Stoughton-Porcupine Property is located 110 km east of Timmins, 50 km north-east of Kirkland Lake, Ontario and 10 km due east of the Holloway-Holt gold mine and mill in northeastern Ontario. In addition, the Company continues to maintain its 49% interest in its Sugar Zone Property covering an area of 11,560 hectares located 70 km east of the world-famous Hemlo Gold Camp. The Sugar Zone Property holds a NI 43-101 gold resource of 953,600 tonnes grading 9.933 g/t Au.

TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.

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