TORONTO, May 23, 2018 (GLOBE NEWSWIRE) -- HARTE GOLD CORP. (“Harte Gold” or the “Company”)
(TSX:HRT) (OTC:HRTFF) (Frankfurt:H4O) is pleased to provide an update on drilling at the Sugar Zone, Middle Zone and Wolf Zones.
Highlights:
- Wolf Zone drilling has significantly expanded known mineralization with hole WZ-18-157 returning 6.16 g/t over 3.03
meters, including 14.74 g/t over 1.15 meters and hole WZ-18-158W2 returning 9.28 g/t over 1.59
meters. This high grade zone is now defined as approximately 200 meters along strike and 800 meters down dip and
remains open at depth.
- Deeper drilling at the Footwall Zone east of the Middle Zone has returned higher grades and widths than previously
intersected (see press release dated March 18, 2018), including 38.06 g/t over 2.29 meters at hole
WZ-18-146.
- Sugar Zone drilling has extended mineralization down dip beyond the “Indicated Resources” outline, with hole SZ-18-247
returning 14.79 g/t over 3.03 meters, including 25.29 g/t over 1.16 meters.
- Inferred to Indicated drilling at the Middle Zone continues to return higher grade intersects including 13.09 g/t
over 1.79 meters at hole WZ-18-146 and 8.06 g/t over 1.70 meters at hole WZ-18-132.
Stephen G. Roman, President and CEO of Harte Gold stated, “The Wolf Zone is shaping up to be characteristically
similar to the Middle Zone, with comparable grades and widths amenable to long hole mining. Based on its current estimated
size, the Wolf Zone has potential to add substantial near mine resources into future mine planning.”
Mr. Roman added, “Middle Zone infill drilling also continues to impress. Not only will this drilling
improve the grade of the Inferred Resources, but deeper drilling at the parallel Footwall Zone continues to return high
grades.”
Assay results are summarized in the following tables:
Wolf Zone
Hole # |
From |
To |
Grade (g/t) |
Width (m) |
WZ-18-157 |
570.09 |
573.12 |
6.16 |
3.03 |
including |
570.09 |
571.24 |
14.74 |
1.15 |
WZ-18-158W2 |
772.41 |
774.00 |
9.28 |
1.59 |
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Footwall Zone
Hole # |
From |
To |
Grade (g/t) |
Width (m) |
WZ-18-146 |
767.00 |
769.29 |
38.06 |
2.29 |
including |
768.00 |
768.67 |
126.00 |
0.67 |
WZ-18-130 |
599.83 |
604.06 |
6.42 |
4.23 |
including |
601.83 |
604.06 |
9.94 |
2.23 |
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Sugar Zone – Below the Indicated Resources Outline
Hole # |
From |
To |
Grade (g/t) |
Width (m) |
SZ-18-247 |
927.38 |
930.41 |
14.79 |
3.03 |
Including |
929.25 |
930.41 |
25.29 |
1.16 |
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Middle Zone – Infill
Hole # |
From |
To |
Grade (g/t) |
Width (m) |
WZ-18-132 |
581.30 |
583.00 |
8.06 |
1.70 |
WZ-18-147 |
719.34 |
724.64 |
5.98 |
5.30 |
including |
719.34 |
719.64 |
81.30 |
0.30 |
WZ-18-146 |
697.58 |
699.37 |
13.09 |
1.79 |
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Core intersection lengths in the tables above approximate 80% true width, assay results are uncut, fire assay
with metallic screen on samples >10 g/t
QA/QC Statement
The Company has implemented a quality assurance and control (“QA/QC”) program to ensure sampling and analysis of mine and
exploration work is conducted in accordance with industry standards. Drill core is sawn in half with one half of the core shipped
to Actlabs Laboratories located in Thunder Bay, ON, while the other half is retained at the Company’s core facilities in White
River, ON, for future verification. Certified reference standards and blanks are inserted into the sample stream on a regular
interval basis and monitored as part of the QA/QC program. Gold analysis is performed by fire assay using atomic absorption,
gravimetric or pulp metallic finish. The Mineral Resource Estimate was prepared in compliance with NI 43-101
guidelines. Robert Kusins, P. Geo., Harte Gold’s Senior Mineral Resource geologist, is the Company’s Qualified Person and has
prepared, supervised the preparation, or approved the scientific and technical disclosure in this news release.
About Harte Gold Corp.
Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone Property where it has recently
completed a 70,000 tonne Advanced Exploration Bulk Sample at the Sugar Zone Deposit and mined 30,000 tonnes under its Phase I
Commercial Production Permit. The Sugar Zone Property is located 80 kilometers east of the Hemlo Gold Camp. Using a 3 g/t Au
cut-off, the Mineral Resource Estimate dated February 15, 2018 contains an Indicated Mineral Resource Estimate of 2,607,000 tonnes
grading 8.52 g/t for 714,200 ounces of contained gold and an Inferred Mineral Resource Estimate of 3,590,000 tonnes, grading 6.59
g/t for 760,800 ounces of contained gold. Harte Gold also holds the Stoughton-Abitibi property located on the Destor-Porcupine
Fault Zone, east of Timmins, Ontario, and adjacent to the Holloway Gold Mine.
Harte Gold also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone adjacent and on
strike of the Holloway Gold Mine.
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For further information, please contact: |
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Stephen G. Roman |
Shawn Howarth |
President and CEO |
Vice President, Corporate Development |
Tel: 416-368-0999 |
Tel: 416-368-0999 |
Email: sgr@hartegold.com
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E-mail: sh@hartegold.com
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The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this
release.
An infographic accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ff52fb9b-26ba-4b8a-bed3-7930a2e434ad