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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Post by BillyBoBob1on Jan 09, 2021 2:44pm

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Post# 32261656

HRTFF

Making major improvement with a new CEO. Forecasted 65K oz. annual production to 100K oz in 2 more years. AISC reduced to $1400-1550. 7.1 g/t. 4th largest land package of 79K hectares for expanded exploration.

One problen: due to all the past dilution, a high share count of 874 M shs, that probably requires a reverse split. But if they wait until a full year of good production, and keep the split at no more than 1:5, that should be reasonable reducing shares to 174 M.

And current share price only US$.12.

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Advancing flagship Ishkõday Gold Project in Ontario