Harte Announces Initial Results From 10,000 Meter Drill Program
April 05 2011 - 5:46PM
Marketwired
HARTE GOLD CORP. ("Harte") (TSX VENTURE: HRT)(FRANKFURT: H4O) is
pleased to announce results from the first batch of drill holes
assayed as part of its 2011 drill program. Highlights include
Visible Gold ("VG") encountered in 5 of the 6 drill holes reported
and 1.98 meters grading 13.05 g/t including 1.2 meters grading
19.34 g/t and 54.8 g/t across 0.25 meters in SZ-11-05.
The first phase of drilling is focused on the Sugar Zone Deposit
and consists of an in-fill drilling program from surface to 300
meters to upgrade Inferred Resources to Measured and Indicated
Resources in order to complete the block model of the deposit and
begin engineering and mine planning
Drilling Highlights:
----------------------------------------------------------------------------
Hole From To Width Grade
Number Zone (meters) (metres) (metres) (g/t) VG
----------------------------------------------------------------------------
SZ-11-01 Upper 52.5 54 1.5 8.76
Including Zone 53 53.5 0.5 26.0
----------------------------------------------------------------------------
SZ-11-01 Lower 57 61.5 4.5 2.57
Including Zone 58 59 1.0 9.53
58 58.5 0.5 18.7
----------------------------------------------------------------------------
SZ-11-02 Lower 75.64 78.71 3.07 6.65 VG
including Zone 76.02 76.58 0.6 31.4
----------------------------------------------------------------------------
SZ-11-03 Lower 196.43 200.65 4.22 4.65 VG
Including Zone 197.61 199.4 1.79 10.58
Including 198.56 199.4 0.80 19.4
----------------------------------------------------------------------------
SZ-11-04 Upper 227.85 228 0.15 18.6 VG
Zone
----------------------------------------------------------------------------
SZ-11-04 Lower 242.8 243.84 1.04 10.55 VG
Including Zone 243.19 243.37 0.2 58.7
----------------------------------------------------------------------------
SZ-11-05 Lower 76.77 78.75 1.98 13.05 VG
Including Zone 77.55 78.75 1.2 19.34
Including 77.55 77.8 0.25 54.8
----------------------------------------------------------------------------
SZ-11-06 Lower 299 300.48 1.84 7.05 VG
Including Zone 299.76 300.48 0.72 17.9
----------------------------------------------------------------------------
Note: Drill results comprise core intersection lengths (true width unknown).
The current drill program will also include:
-- Testing the mineralized envelope below 300 meters to expand resources
down dip - deeper drilling is currently underway,
-- Exploration drilling to extend the current 800 meter strike length of
the Sugar Zone deposit and,
-- Testing IP / Magnetometer ("Mag") survey targets in the area (1.7 kms)
between the Wolf Zone and Sugar Zone deposits and other areas of
interest on the property.
Once the 10,000 meters are completed, an updated NI 43-101
report will be done. Work is on-going to complete a feasibility
study on the Sugar Zone Deposit which will incorporate the updated
NI 43-101 data in order to complete mine planning. In addition,
Harte is currently cutting 65 line kilometres in preparation for an
IP/ Mag survey over the Fold Closure area north-west of the Wolf
Zone.
Toronto Stock Exchange ("TMX") Listing Application
Harte is also pleased to announce that it has submitted an
application to graduate from the TSX Venture Exchange and list the
Company's common shares for trading on the TMX Listing Approval is
expected prior to the end of May 2011.
Stephen G. Roman, President and CEO of Harte Gold Corp.
commented "We are pleased with the widespread VG and resource -
consistent widths and grades encountered to date in our current
10,000 meter drill program. Together with the submission of our
application to list on the TMX, 2011 should prove to be a year of
significant progress for the Company".
QA / QC Statement
Diamond drill holes were drilled with NQ sized core in order to
obtain larger sample volumes of the mineralized zones. The core was
sealed and delivered by the drilling contractor to Harte's
facilities located in White River, Ontario. The mineralized
sections of the cores were photographed for reference, logged and
mineralized sections were sawn in half. Sample lengths were 0.5
meters. Half core samples were bagged, sealed and delivered to
Activation Laboratories in Thunder Bay, Ontario, an accredited
laboratory. The remaining core is stored on site for reference.
Samples were assayed by the fire assay method using an atomic
absorption finish on a 50 gram pulp split. A quality assurance and
quality control program (QA/QC) was implemented by Harte and the
laboratory to ensure the precision and reproducibility of the
analytical method and results. The QA/QC program includes the
insertion of standards, blanks and field duplicates in the sample
batches sent to the laboratory and a systematic re-assaying of
samples returning values above 3 g/t Au by the fire assay method
using a gravimetric finish.
The drill program is being conducted under the supervision of
George A. Flach, P. Geo, Vice President of Exploration for Harte.
Mr. Flach is the Qualified Person (QP) as defined in National
Instrument 43-101 and has reviewed the technical information
contained herein.
About Harte Gold Corp.
Harte Gold Corp. is a Canadian gold exploration company with
interests in the Sugar Zone and Stoughton-Abitibi properties
located in Ontario, Canada. The Sugar Zone Property is located 60
kilometres east of the Hemlo Gold Camp and holds an NI 43- 101
compliant Indicated Resource of 1,117,000 tonnes, grading 8.41 g/t
Au for 302,000 ounces of contained gold and an Inferred Resource of
417,000 tonnes, grading 7.13 g/t Au for 95,000 ounces of contained
gold. Harte is the operator of the Sugar Zone Property and
currently owns a 49% interest with the option to acquire the
remaining 51%.
Common Shares Outstanding: 140,099,231
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Harte Gold Corp. Stephen G. Roman President and CEO
416-368-0999 sgr@hartegold.com Harte Gold Corp. David Ellis
Investor Relations Consultant 416-704-0937
davidellis@hartegold.com
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