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Project: | Sugar Zone | |
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Deposit: | Sugar Zone | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 2/20/2019 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 20-2-2019: Harte Gold Corp. announces a Resource Estimation report for its Sugar Zone deposit at the Sugar Zone project. Updated mineral resource estimate at the project. Toronto – February 20, 2019 - HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: | |
Resources: | (Resource): 4.243Mt @ 8.12g/t Au (Ind.), 2.954Mt @ 5.88g/t Au (Inf.) | |
CP/QP: | [Resources]: Eugene Puritch (P&E Mining Consultants Inc.) | |
ABSTRACT: | Toronto – February 20, 2019 - HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announce an updated NI 43-101 Mineral Resource Estimate based on 90,000 metres of drilling completed in 2018. Stephen G. Roman, President and CEO of Harte Gold commented: “The updated Mineral Resource Estimate incorporates 90,000 metres of infill and step out drilling completed in 2018 across the Sugar, Middle and Wolf Zones. The drilling was significant as it accomplished the following objectives: Reconfirmed that high grade mineralization is continuous and overall grade increases with infill drilling The Company was successful in expanding the Indicated Mineral Resource gold ounces by 55% and extending mineralization an additional 400 metres down dip at the Sugar and Middle Zones at a consistent grade profile. Management expects that with continued infill drilling lower grade Inferred Resources will be upgraded to a higher grade Indicated Mineral Resources. Demonstrated potential convergence of the Sugar, Middle and Wolf Zones through step out drilling The Company was also successful expanding Inferred Resources to 1,300 meters below surface. While Inferred Mineral Resources decreased year-over-year, a significant portion was upgraded to the Indicated Mineral Resources category. Mineralization has also been expanded to include the convergence areas between the Sugar and Middle Zones, reconfirming management’s understanding that the Sugar, Middle and Wolf Zones are part of a larger system at depth. | |
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