Harte Gold Corp.

TSX : HRT
FRANKFURT : H4O


Harte Gold Corp.

March 26, 2014 07:30 ET

Harte Gold Receives Encouraging Results from Regional Exploration Campaign on the Sugar Zone Property

TORONTO, ONTARIO--(Marketwired - March 26, 2014) - HARTE GOLD CORP. ("Harte Gold") (TSX:HRT)(FRANKFURT:H4O) is pleased to report excellent progress in its continuing efforts to pinpoint the source of the Hemlo style mineralization found on the Sugar Zone Property.

With the initial discovery of the "Peacock Boulder" with gold values up to 87 g/t, Harte Gold's efforts have included surface and airborne surveys. Recently, Harte Gold retained the services of Robert S. Middleton, P.Eng., involved with the discovery of the Bell Creek Mine and Golden Goliath's discovery hole at Hemlo, to spearhead the exploration efforts.

Under Mr. Middleton's supervision, chemical analysis was recently completed on the original Peacock Boulder as well as surrounding rocks. In addition, Harte Gold has recently completed lake bottom sediment analysis up ice and east of the original boulder train discovery with excellent results.

Mr. Middleton is quoted in his report to the Company as saying; "The Peacock Boulder site consists of a number of angular boulders and slabs of folded-deformed-sheared intermediate volcanic containing disseminated sulphides and sericite mica which has the appearance of a metamorphosed "Hemlo style" sericite schist zone. Other angular boulders the size of cars occur "up ice" towards a valley where a regional shear structure is interpreted from airborne geophysics. Re-analysis of the boulders has found very anomalous arsenic values and anomalous molybdenum, zinc, tungsten and gold values. The next step is to extend a grid to the north-east and survey with Induced Polarization to develop drill targets. Lake bottom work carried out in February has also confirmed very anomalous molybdenum in the ponds and lakes that sit in this structural trend."

The next phase of work will begin in April and will consist of an Induced Polarization / Magnetic ("IP/Mag") survey over the prospective area.

In addition to the above program, Harte Gold also announced that it has received permits necessary for its 70,000 tonne bulk sample and is working on a number of underground development scenarios aimed at reducing development and accelerating project timelines. Harte Gold is also near completion of field work associated with surveying certain of the Sugar Zone property claims in order to take the claim block to lease.

About Harte Gold Corp.

Harte Gold Corp. is focused on the 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: 216,259,246

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

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