Harte Provides Project Update and Announces More High Grade Results and Confirms Gold Mineralization at Depth
June 01 2011 - 8:00AM
Marketwired
HARTE GOLD CORP. ("Harte") (TSX VENTURE: HRT)(FRANKFURT: H4O) is
pleased to announce results from the final three holes drilled
under its 2011 drill program prior to spring break-up. Highlights
include 46.49 g/t over 1.23 metres and Visible Gold ("VG") in all
drill holes reported.
Highlights:
-- High grade results continue from Sugar Zone in-fill drilling
-- Drill program confirms gold mineralization at depth (below 300m)
-- Continuation of 10,000m drill program after spring break-up
-- Discovery of mineralized Gossan Zone on west side of Dayo Lake
-- Line cutting completed over the Fold Nose, IP/Mag survey will commence
in June
-- TSX Conditional Listing Approval
Drilling
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SUGAR ZONE IN-FILL DRILLING
(Surface to 300 metres)
----------------------------------------------------------------------------
From To Width Grade
Hole Number Zone (meters) (metres) (metres) (g/t) VG
----------------------------------------------------------------------------
SZ-11-16 Lower 216.35 218.10 1.75 5.90
Including Zone 216.70 218.10 1.40 7.33 VG
216.70 217.86 1.16 8.82
216.70 217.44 0.70 13.10
----------------------------------------------------------------------------
SZ-11-17 Lower 266.77 268.00 1.23 46.49 VG
Including Zone 266.67 267.50 0.83 78.20
----------------------------------------------------------------------------
SUGAR ZONE EXTENSION DRILLING
(below 300 metres)
----------------------------------------------------------------------------
From To Width Grade
Hole Number Zone (meters) (metres) (metres) (g/t) VG
----------------------------------------------------------------------------
SZ-11-18 Lower 416.00 418.50 2.50 6.60
Including Zone 416.00 418.00 2.00 8.23 VG
416.00 417.30 1.43 10.94
416.94 417.43 0.50 19.60
----------------------------------------------------------------------------
Note: Drill results comprise core intersection lengths (true width unknown).
10,000 Metre Drill Program
Drilling to complete Harte's 10,000 metre program will consist
of approximately 4,000 metres and will start up within two weeks.
In addition to in-fill drilling between surface and 300 metres,
other areas to be tested include:
-- the mineralized envelope below 300 meters to expand resources down dip
-- Exploration drilling to extend the current 800 meter strike length of
the Sugar Zone deposit and,
-- Testing IP/Mag survey targets in the area (1.7 km) between the Wolf Zone
and Sugar Zone deposits.
On completion of the drill program, data from the program will
be used to update the current NI 43-101 report. This report will
also be used to prepare a block model to assist in mine planning
and preliminary work associated with the feasibility study on the
Sugar Zone deposit.
Gossan Zone
The Gossan is an area of sulphides and is interpreted to be the
surface expression of the 18 km western limb of the mineralized
structure and will be tested over the course of summer exploration
programs with drilling to follow.
Fold Nose Structure
The Fold Nose is located at the junction of the 18 km eastern
and western limbs of the mineralized structure. Harte has completed
a large line cutting program (65 line kilometres) over the Fold
Nose area located north-west of the Wolf Zone. An IP/ Mag survey is
scheduled to be completed over the Fold Nose in June.
Toronto Stock Exchange Listing Application
Harte also announced it has received conditional listing
approval from the Toronto Stock Exchange ("TMX"). Harte's common
shares are expected to begin trading on the TMX within two
weeks.
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: 142,337,563
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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