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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

Post by PG1313on Nov 18, 2021 1:22pm
255 Views
Post# 34141689

There's gold in the ground

There's gold in the groundThere's no doubt the sugar zone mine sits in a prolific greenstone belt with a strong metal endowment signature. The geology is there, and so is the gold. The problem is, the company has accumulated so much debt to get up & running, that it's taking some time to pay it all off (+ covid closures and outbreaks haven't helped). The mine is hiring miners, drillers, senior geologists, HR staff, etc. From a deposit scale perspective, it is fundamentally significant. I can see this mine rebounding. Whether its Harte management turning it around, or another company...we'll have to wait and see. Don't give up on Canada's newest (still?) Gold producer just yet.
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