youve been telliing tax to sell since .39, but haven;t sold yourself until today and kept pumping the stock up until Fri afternoon?. I think you spooked yourself man.
HARTE GOLD Corp. has provided an update on recent drilling completed on the company’s 100-percent-owned Sugar zone project.
Highlights:
• A total of 138,000 metres were drilled in 2017, predominantly at the Sugar and Middle zones to define and upgrade the mineralized envelope.
• Sugar zone drilling continues to demonstrate orebody continuity with recent results, returning 15.81 grams per tonne over 2.14 metres in SZ-17-226W4.
• Deep drilling southwest of the Sugar zone continues to expand mineralization, returning 9.03 g/t over 2.43 metres in SZ-17-230.
• Drilling at the middle zone expands mineralization at depth, with drill hole WZ-17-107W3 returning 4.83 g/t over 3.35 metres.
• The company announces a new gold discovery, the K7 zone, where an initial drill hole has returned a five-metre intersection grading up to one g/t within an altered feldspar porphyry 200 metres below surface. This host rock is different than the classic Sugar zone quartz shear zone and the company believes it has greater potential for large tonnages. Follow-up drilling will resume immediately on this target.
• P&E Mining Consultants Inc. has been engaged to prepare a National Instrument 43-101-compliant resource estimate, targeting early first quarter 2018 for release.
• The company will complete an NI 43-101 preliminary economic assessment (PEA) based on the 2018 resource update incorporating the Sugar zone and Middle zone areas. The company will also complete a technical report for the Upper Sugar zone outlining the mine plan and economics.
• A significant 80,000-metre drill program is planned for 2018 utilizing six to eight drill rigs to further define new discoveries at the Lynx, Moose, K7 and Wolf zones, as well as test new target areas such as the Eagle zone, with volcanogenic-massive-sulphide-style deposit potential.
• Construction continues at site with the mill building scheduled for completion by the end of January.
(See HRT Table 1 on page 14)
George A. Flach, PGeo, commented: “Our 2017 drill program was successful in expanding Sugar zone mineralization to over 1,000 metres, as well as demonstrating continuity along strike at both the Sugar and Middle zones. We will update our resource to reflect these zones of mineralization and continue to step out along strike and at depth where we believe mineralization continues.”
We seek Safe Harbor.
Erika Flores condensed this news release (erikaf@stockwatch.com).
Richard Mark Colterjohn, Richard Regis Faucher, George Andrew Flach, Derek C Rance, Stephen George Roman, Hubert Douglas Scharf, Richard Harry Sutcliffe
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