TORONTO, ONTARIO -- (Marketwire) -- 01/06/11 -- 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.
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Hole From To Width Grade
Number (metres) (metres) (metres) (g/t)
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NZ-10-01 20 23.5 3.5 1.86
Including 20.5 21.5 1 3.6
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NZ-10-02 22 29.5 7.5 9.5
including 23 26 3 22.9 VG
including 25 25.5 0.5 111
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WZ-10-03 87 99 12 2.25
Including 88.5 93.5 5 4.3
Including 90 91 1 13.6
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WZ-10-04-05 Holes were stopped short of the zone
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WZ-10-06 78.6 81.1 2.5 8.81
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WZ-10-07 92.5 93.5 1 3.19
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WZ-10-08 27.5 45 17.5 2.1
Including 37 45 8 3.1
Including 37 38 1 8.1
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WZ-10-09-11 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
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WZ-10-12 70 71 1 1.71
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WZ-10-13 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
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WZ-10-14 73 77 4 1.05
Including 73.5 74.5 1 2.54
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WZ-10-15 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
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WZ-10-16 123.8 125.14 1.34 7.33
including 124.20 124.65 0.45 21.6
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WZ-10-17 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
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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
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WZ-10-19 173 175 2 1.02
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WZ-10-20-24 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
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WZ-10-25 222 222.5 0.5 2.86
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WZ-10-26-28 Anomalous gold values less than 1 g/t encountered in the
mineralized structure
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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
