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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 MudCreekeron Dec 24, 2021 12:09am
233 Views
Post# 34260074

RE:RE:Ore’s worth

RE:RE:Ore’s worth
bufordpusser wrote: The problem fred is finding a legitimate document. There is this https://minedocs.com/21/Sugar_Zone_Expansion_FS_01012021.pdf from which you could refer to page 70.

I don't believe there are no mineral reserves, only resources so not much information really to base a plan on beyond several months but I am no expert.


Actually, in that document. on page 208, table 15-3 shows Probable Reserves of 797k oz Dec 31 2020..  No Proven Reserves, apparently because the drill holes it's based on are too far apart.

Subtract what they have mined since, what are 750k oz of reserves worth?  Add the value of the infrastructure (plant, tailings facility, etc.).  Call Apian's accountants because they've already done the math.


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