Harte Gold Corp. HRTFF

RE:62,000 meters sugar middle inferred to indicated

[HarteofGold]

If memory serves me correct, a little over two years ago SR stated that "the near mine resource was in the order of 3 million ounces"    I firmly believe that this next 43-101 update we get us to 3 million ounces and a higher average grade. SR likes to keep his word and is proud of that fact

actionguy wrote: Im not expecting a huge rise in the total ozs that will comprise our total resources q1 2019 -NI 43-101 update.     62,000 meters of infill drilling should take the previous inferred  ozs of 760,000 into the indicated category.  that doesnt increase our total ozs any,but the grade will improve.  that only leaves 32,000 meters of step out drilling, which by my napkin math will only yield about 650,000 ozs to add to the resource.  In this resource update,500,000 ozs was the "low hanging fruit",that was inferred and will now be indicated. However ,those ozs were already included into the 1.5 million ozs.  The next resource update should equate to about 2,000,000 -2.200,000 million ozs, ,with 1.5 million being indicated ozs@8.5g/t  and the other 500,000 -700,000 inferred @ 6.5 g/t.   I believe these to be on the low end of a projection, But none of the grades coming back all year were crazy high or anything.   The footwall zone perhaps is the ace up the sleeve,perhaps 2.4 million is achievable.   However,it was noted all along by Roman that it was the intent of the 2018 drill program to increase substantially at sugar and middle the indicated resource ,sort of like painting a car and putting on new tires before you put the for sale sign in the window :).   Im hoping for higher,but 2017 we drilled 138,000 meters total,and 2018 92,000 ozs,so basically we only drilled 2/3 of 2017.   We are definately not tripling the resource like the previous update thats fer sure.  Nor did we expect to. If they sharpen the pencil and do the "low hanging fruit " again,perhaps we can hit the magical 3 million ozs,im certain the market would LOVE 3 million ozs,as would the share price.