Bullboard - Stock Discussion Forum 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... see more

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Harte Gold Corp. > Appian royalty

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Post by Fredfudpucker00 on Jan 23, 2022 4:17pm

Appian royalty

Just a question. I know ANR2 paid $2million US for .5% NSR , but not sure how much Appian paid for 1.5 % NSR . Can someone help me out. Thanks.

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Comment by pantono1 on Jan 24, 2022 2:12am

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Comment by Research67 on Jan 24, 2022 9:09pm

From the last financial report... Certain of the claims and leases associated with the Sugar Zone property are subject to net smelter royalties (“NSR”) of 2.0% in favour of the original vendors of the properties. (Interestingly enough, I talked with one of the original prospectors today and was told he is still receiving his portion of this royalty. Although there has been ...more

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Comment by Fredfudpucker00 on Jan 25, 2022 5:25pm

Research, thanks for the the info on Appian royalty. Appian definitely made good money in a short time on this part of their investment. Probably moved it to their tax free destinations without paying Canadian taxes. You can be sure the original prospectors are paying tax on the earnings from their royalty.

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Harte Gold Corp.