Sugar Zone Deposit Continues to Expand
posted on
Aug 02, 2012 09:07AM
CDNX : HRT / Wise Investors Acquire Gold
TORONTO, ONTARIO--(Marketwire - Aug. 2, 2012) - HARTE GOLD CORP. ("Harte") (TSX:HRT)(FRANKFURT:H4O) is pleased to report the completion of the 7,000 meter diamond drilling program at the Sugar Zone Deposit. The drilling was successful in significantly upgrading the resource and expanding the known mineralized envelope along strike and down dip.
Of note, Drill Hole SZ-12-36 returned 57.6 g/t over 1.64 meters and deep drill hole SZ-12-37 intersected the Sugar Zone orebody at 1,111 meters and returned 10.50 g/t over 3.2 meters, including 43.30 g/t over 0.7 meters.
"The success of this latest drill program has shown that the Sugar Zone orebody is much larger than originally expected. We are excited to continue drilling on strike and at depth", said Stephen G. Roman, Harte's President & CEO. "Our recently completed Preliminary Economic Assessment (PEA) showed robust economics for the project to a depth of only 400 meters. With drilling now extending our orebody to over 1,000 meters, the economics and longevity of the project should be greatly enhanced", said Mr. Roman.
Highlights of the drilling are as follows:
Sugar Zone Extension Drilling | ||||||||||||
Hole | Zone | From | To | Width | Grade | Visible | ||||||
Number | (meters) | (meters) | (meters) | (g/t) | Gold | |||||||
SZ-12-37 | Lower Zone | 1111.50 | 1114.70 | 3.20 | 10.50 | VG | ||||||
Incl. | 1114.00 | 1114.70 | 0.70 | 43.30 | VG | |||||||
Sugar Zone In-Fill Drilling | ||||||||||||
SZ-12-32 | Lower Zone | 461.30 | 463.71 | 2.41 | 2.31 | |||||||
Incl. | 462.21 | 463.21 | 1.00 | 5.41 | - | |||||||
SZ-12-33 | Upper Zone | 511.37 | 512.00 | 0.63 | 0.93 | - | ||||||
Lower Zone | 605.87 | 607.00 | 1.13 | 0.56 | - | |||||||
SZ-12-35 | Upper Zone | 441.50 | 442.00 | 0.50 | 1.78 | VG | ||||||
Lower Zone | 494.90 | 497.00 | 2.10 | 5.55 | VG | |||||||
Incl. | 495.44 | 495.94 | 0.50 | 22.00 | VG | |||||||
SZ-12-36 | Upper Zone | 377.70 | 378.40 | 0.70 | 4.63 | VG | ||||||
SZ-12-36 | Lower Zone | 432.00 | 433.64 | 1.64 | 57.60 | VG | ||||||
Incl. | 433.08 | 433.64 | 0.56 | 162.00 | VG | |||||||
SZ-12-39 | Upper Zone | 314.50 | 319.65 | 5.15 | 1.03 | VG | ||||||
Incl. | 314.50 | 315.00 | 0.50 | 4.72 | - | |||||||
SZ-12-39 | Lower Zone | 360.84 | 365.30 | 4.46 | 7.06 | VG | ||||||
Incl. | 362.66 | 363.52 | 0.86 | 34.2 | VG |
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 focused on the development of its 100% owned Sugar Zone property and is currently permitting an advanced exploration program for the Sugar Zone Deposit. The Sugar Zone property is located 60 kilometres east of the Hemlo Gold Camp. 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 Holt-Holloway Gold Mine in the Timmins, Ontario Porcupine gold camp.
Common Shares Outstanding: 172,870,614
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