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Harte Gold Corp. HRTFF

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

Comment by Flyhi2004on Jan 26, 2021 6:01pm
88 Views
Post# 32391874

RE:Reserves n Resources

RE:Reserves n Resources
Further to my above numbers if as Research is saying the reserve is extracted out of the resource then they would have had to reduce one of the two types of the resource amounts remaining to reflect the conversion of the resources to the reserve.

I believe this is where some confusion and interpretation could be .

If they state the reserve number and didn't account this was taken from the resource and never changed one or both of the remaining resource classification numbers  lower to reflect the reduction then this would appear to me to be a "major misrepresentation" and a false statement  of the reserves and resources they just stated in the Jan 20 2021 release.

Agree or disagree
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