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Bullboard - Stock Discussion Forum 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... see more

EXPM:HRTFF - Post Discussion

Harte Gold Corp. > Pure Gold
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Post by Homestone on Jan 01, 2021 6:47am

Pure Gold

As read on Mining.com. Pure gold pours its first gold bar.Interesting read because it's a story that should have been written about Harte gold.A lot less outstanding shares than Harte but just the same what happened to Harte? Why did the Aisc skyrocket compared to what was projected?Hopefully they can get their Shiite together and make something out of the high grade asset we have that is comparable to Pure Gold's.
Comment by Flyhi2004 on Jan 01, 2021 11:30am
Homestone....What is Pure Golds projected AISC and annual production?   Thx
Comment by Homestone on Jan 01, 2021 11:55am
12 year mine life,100,000 oz in years 3-7 and a life of mine aisc of 767 dollars.They haven't declared commercial production yet and likely the costs are much higher until they get into the swing of things.Much like Harte.Once we get into good high grade, ie the middle zone and have different sources of mill feed our costs should come down.A lot of our costs are development costs that have no ...more  
Comment by Flyhi2004 on Jan 01, 2021 1:07pm
Thanks for your reply. Do you have any information  about thier financing. Like where did they raise the money and how much debt did they take on to get to start up phaze?
Comment by Homestone on Jan 01, 2021 1:50pm
Not really,Eric Sprott is in for 30 million,I read that.I just kind of stumbled on to this through surfing the good old internet.I'm sure there is that info somewhere.Maybe on their website.GL.
Comment by Homestone on Jan 01, 2021 1:59pm
Puregoldmining.ca There is info on investors and such.