Harte Gold Corp.

Harte Gold Corp.

April 08, 2015 07:30 ET

Harte Gold Starts Drill Program to Follow Up on the Discovery of New Gold Zone and Hemlo Style Contact Zone

TORONTO, ONTARIO--(Marketwired - April 8, 2015) - HARTE GOLD CORP. ("Harte Gold") (TSX:HRT)(FRANKFURT:H4O)(OTC:HRTFF) is pleased to announce it has begun a drill program to follow up on the discovery (see news release dated February 27, 2015) of a new gold zone; the "Footwall Zone" and Hemlo style mineralization at the "Contact Zone" at Harte Gold's 100% owned Sugar Zone property located north-east of White River, Ontario.

Footwall Zone

Harte Gold will drill two holes in a new gold bearing vein system located approximately 50 meters east of the Sugar Zone Deposit. Mineralized drill intersections encountered in the previous drill program featured "crack seal" veins which are a strong indicator of gold mineralization and occur at the Bell Creek Mine in Timmins, Ontario and numerous other lode gold deposits in the Abitibi greenstone belt. Drilling will test potential extensions of the Footwall Zone at depth and along strike.

Contact Zone

Harte Gold will drill a total of six holes in the Contact Zone where previous near - surface drilling intersected 47 meters of sericite schist and flanking siliceous sediments containing Hemlo style geochemistry and mineralization and anomalous gold. Drilling will test the three kilometer Contact Zone at depth and along strike.

Bulk Sample Update

Site preparation is scheduled to begin in the second half of May following spring break-up. Harte Gold is currently negotiating final terms for both contract mining and contract milling services. Harte Gold is also reviewing several financing options for the 70,000 tonne bulk sample. "Though the capital markets continue to be challenging for the resource sector, the high grade Sugar Zone Deposit and our 70,000 tonne bulk sample have attracted interest from a number of parties and we anticipate arranging project financing on favorable terms," said Stephen G. Roman, President and CEO.

Stoughton Abitibi Property

Harte Gold has initiated the plans and permit process in support of a drill program designed to test known structures and mineralization on the property.

About Harte Gold Corp.

Harte Gold Corp. is focused on the exploration and 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 kilometers east of the Hemlo Gold Camp and as of February 2011, 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. Harte also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone which is directly adjacent to and on strike of St Andrew Goldfield's Holloway Gold Mine and its high grade "Deep Smoke Discovery" in the Timmins, Ontario Porcupine gold camp.

Common Shares Outstanding: 257,240,532

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

Contact Information