| November 10, 2010 |
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Harte Drilling Confirms New Gold Discovery at Sugar Zone Property
9.5 g/t over 7.5m including 22.9 g/t over 3m and 111 g/t over 0.5m
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TORONTO, ONTARIO--(Marketwire - Nov. 10, 2010) - HARTE GOLD CORP. ("Harte") (TSX VENTURE:HRT)(FRANKFURT:H4O) is pleased to announce that it has confirmed a new gold discovery on its Sugar Zone Property located 60 kilometres east of the Hemlo Gold Camp in Ontario, Canada.
Two shallow angled holes have been completed under the "Trench 2 Zone" (now known as the "Wolf Zone")(see News Releases dated September 21, 2010 and October 5, 2010). This discovery area is only a small part of the New Zone Area that is located 1.7 kilometres north of the Sugar Zone Deposit (see News Releases dated July 21, 2010 and August 10, 2010).
Hole Number NZ10-02, drilled beneath Trench 2, intersected 9.5 g/t over 7.5 metres from 22 metres to 29.5 metres. Included in the interval are 22.9 g/t over 3.5 metres which includes 111 g/t over 0.5 metres. The mineralization occurred as disseminated sulphides with varying amounts of fine visible gold (VG).
Hole Number NZ10-01, drilled above Hole Number NZ10-02, returned a section between 20 and 23.5 metres of 3.5 metres grading 1.83 g/t, including a section of 3.6 g/t across one (1) metre. Because Hole NZ10-02 returned much higher grades and width than Hole Number NZ10-01, it is believed this may be an early indication that the Wolf Zone is improving with depth. A program of step-out drilling will begin this week.
The Wolf Zone was discovered using Induced Polarization ("IP") and Magnetic ("Mag") surveys, followed by a trenching and sampling program (see News Release dated October 5, 2010). The surveys and follow-up programs produced very positive results indicating Hemlo-style disseminated sulphide gold mineralization.
Assay results are pending from four additional holes that have been drilled on other IP and Mag targets delineated in the New Zone Area.
As a result of this important new discovery at the Wolf Zone, Harte has mobilized a geophysical crew to expand the IP survey area in all directions. In addition, Harte has retained EDCOR Drilling Services to supply an additional drill rig to be delivered to the site next week. Harte will then have two drill rigs working on the Wolf Zone with the objective of expanding the Zone along strike and down dip.
"These are excellent results that Harte has produced in the early days of our Hemlo-style gold discovery on the Sugar Zone Property," commented Stephen G. Roman, President and CEO. "We have a multitude of IP and Mag targets to test on this extensive greenstone belt (40,000 acres) which is entirely controlled by Harte."
The current drill results comprise core intersection lengths (true width unknown) and were assayed at Activation Laboratories in Thunder Bay, Ontario using standard fire assay with AA and gravimetric finish. Because of variable amounts of VG in the core samples, Harte will use fire assay with screen metallics on all future core.
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 sawed in half. Sample lengths were 0.5 metres. 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% for consideration equal to $90,000 every six months until payment of $2.5 million by May 28, 2012 or $3 million by May 28, 2013. Harte also holds the Stoughton-Abitibi property located on and adjacent to the Destor-Porcupine Fault Zone in close proximity to the 2.5 million ounce Holloway-Holt Gold Mine in the Timmins Porcupine gold camp.
Common Shares Outstanding: 133,109,528
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. |
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