Harte Gold Corp. 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.

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Harte Gold Corp.

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Comment by propertyscanadaon Jun 18, 2019 3:14pm

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Post# 29837104

RE:Any of you guys particpating in the new placement?

I do believe this could be true.We refinanced for $82million but $70million spoken for so that's not much left for operating costs let alone exploration. I can see another financing in the short term coming so unfortunately we may see more dilution. Ive participated in 3 PP'S but due to the lack of transparency im reluctant this time.Management needs to do much more reporting than what weve seen. I can also confirm costs are quite higher than we anticipated and recovery as far less than anticpated. I say as it was mentioned before,dump Stoughton and pick up something closer,high grade that if our assumptions are correct we could be mining 2 orebodies within the next 2 years.......We need to put the bug in SR'S ear. I think we are in for a long summer at a low price if we don't have some better news,reporting soon.

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