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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Post by actionguyon Apr 18, 2019 9:26am

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Post# 29643514

$ 30 MILLION ANNUALLY $ AT 800 TPD. LOW ESTIMATE

“Base case” scenario: 800 tpd operation producing 61,000 ounces annually over a 14 year mine life

Generates $30 million annually in net free cash flow at US$1,300/oz gold
The mine and mill are operational with no additional construction capital expenditures required
Costs well defined based on contracted rates and operating experience: cash cost US$648/oz and all in sustaining cost (“AISC”) of US$851/oz

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Advancing flagship Ishkõday Gold Project in Ontario