Harte Gold Corp. T.HRT

Primary Symbol: HRTFF

Metals & Mining Gold

Harte Gold Corp is engaged in the acquisition and exploration of mineral resource properties. It is focused on gold properties located in the province of Ontario, Canada. The company's exploration projects consist of sugar zone property and Stoughton Abitibi property. The Sugar Zone Property is located approximately 80 kilometers east of the Hemlo gold camp on the north shore of Lake Superior. It includes approximately 4 mining leases and 336 unpatented mining claims. In addition, it also consists of approximately 29,435 hectares within the Sault Ste. The Stoughton Abitibi property is located approximately 110 kilometers east of Timmins and 50 kilometers northeast of Kirkland Lake.

EXPM:HRTFF - Post by User

Harte Gold Corp.

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Comment by cheerio7on Mar 04, 2016 11:06am

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Post# 24622123

RE:RE:RE:RE:Looks like the SP has nothing to do with gold price

Ok. Let's do some Mining 101...The 70,000 tonne bulk sample refers to ore material which looks like it may consist of roughly 10 grams gold per tonne (this may be generous but we shall see) and so, 70,000 x 10 = 700,000 grams. Divide 700,000 by roughly 31 (~31 grams per troy ounce) and you get 22,580 ounces. So, 22,580 x 1270 = $28,676,600. cheers c7

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