Harte Completes Phase One Drilling on Wolf Zone, Announces 10,000 Meter Drill Program
January 06 2011 - 4:48PM
Marketwired
Editors Note: There are two figures associated with this press
release.
HARTE GOLD CORP. ("Harte") (TSX VENTURE: HRT)(FRANKFURT: H4O)
announced today the final results from the Phase One drill program
on the newly discovered Wolf Zone. Each of the 28 holes drilled
under the program hit the mineralized zone defining a 600 meter
strike length and outlining a small gold deposit adding to the
mineral inventory of the Sugar Zone Property.
The Wolf Zone is on strike and approximately 2 km north-west of
the Sugar Zone deposit which currently hosts a resource of
approximately 400,000 ounces of gold. Previously unknown, the Wolf
Zone is the first IP anomaly tested to date and the results
demonstrate the potential for further discoveries using IP and
EM/Mag surveys. A summary table of all holes drilled on the Wolf
Zone are shown below.
----------------------------------------------------------------------------
Hole From To Width Grade
Number (metres) (metres) (metres) (g/t)
----------------------------------------------------------------------------
NZ-10-01 20 23.5 3.5 1.86
Including 20.5 21.5 1 3.6
----------------------------------------------------------------------------
NZ-10-02 22 29.5 7.5 9.5
including 23 26 3 22.9 VG
including 25 25.5 0.5 111
----------------------------------------------------------------------------
WZ-10-03 87 99 12 2.25
Including 88.5 93.5 5 4.3
Including 90 91 1 13.6
----------------------------------------------------------------------------
WZ-10-04-05 Holes were stopped short of the zone
----------------------------------------------------------------------------
WZ-10-06 78.6 81.1 2.5 8.81
----------------------------------------------------------------------------
WZ-10-07 92.5 93.5 1 3.19
----------------------------------------------------------------------------
WZ-10-08 27.5 45 17.5 2.1
Including 37 45 8 3.1
Including 37 38 1 8.1
----------------------------------------------------------------------------
WZ-10-09-11 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
----------------------------------------------------------------------------
WZ-10-12 70 71 1 1.71
----------------------------------------------------------------------------
WZ-10-13 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
----------------------------------------------------------------------------
WZ-10-14 73 77 4 1.05
Including 73.5 74.5 1 2.54
----------------------------------------------------------------------------
WZ-10-15 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
----------------------------------------------------------------------------
WZ-10-16 123.8 125.14 1.34 7.33
including 124.20 124.65 0.45 21.6
----------------------------------------------------------------------------
WZ-10-17 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
----------------------------------------------------------------------------
WZ-10-18 140.5 145.5 5 4.8
Including 144 145.5 1.5 15.4
including 144.5 145 0.5 35.1 VG
----------------------------------------------------------------------------
WZ-10-19 173 175 2 1.02
----------------------------------------------------------------------------
WZ-10-20-24 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
----------------------------------------------------------------------------
WZ-10-25 222 222.5 0.5 2.86
----------------------------------------------------------------------------
WZ-10-26-28 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
----------------------------------------------------------------------------
Wolf Zone exploratory drilling was completed on 100 meter
centers on strike in both directions along an IP anomaly. 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. Harte is
using screen metallics on assays over 3 g/t.
Current Exploration Program
Harte has retained Orbit Garant Drilling Services Inc. to
conduct a minimum 10,000 meter diamond drill program as part of its
next phase of exploration on the property. The program will consist
of expansion and in-fill drilling on the Sugar Zone Deposit, as
well as testing other target areas. Harte will incorporate the
results from the drill program to create a block model of the
deposit, update the resource estimate and update the current NI
43-101 resource estimate.
An IP survey between the Wolf Zone and Sugar Zone Deposits is
currently underway in order to determine if additional targets are
present. Harte will also conduct an IP Survey on the recently
discovered "fold nose" (fold closure) formation located five
kilometres northwest of the Wolf Zone.
Geophysical Data
The axis of the Synform runs south under Lake Dayohessarah - see
3D Structural Interpretation and Plan View of the geophysics below.
Both the Wolf Zone and the Sugar Zone are situated on the eastern
limb of the synform. Harte is looking forward to testing other
areas of interest along the eastern limb as well as beginning
exploration work on the "nose" or fold closure as well as on the
western limb where historical gold values were reported.
To view "Figure 1", please visit the following link:
http://media3.marketwire.com/docs/HRT_3Dinterface.pdf
To view a map of the "Sugar Zone" property, please visit the
following link:
http://media3.marketwire.com/docs/HRT_sugarzone.pdf
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% 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: 139,568,318
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
www.hartegold.com
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