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or Name
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Harte Gold Corp
Symbol HRT
Shares Issued 432,713,904
Close 2017-01-24 C$ 0.32
Market Cap C$ 138,468,449
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Harte Gold receives permit to mine 30,000 t at Sugar

2017-01-24 07:39 ET - News Release

Mr. Stephen Roman reports

HARTE GOLD ISSUED PHASE 1 COMMERCIAL PERMIT & PROVIDES CORPORATE UPDATE

Harte Gold Corp. is providing and update on significant events concluded in January.

Highlights

  • Phase 1 commercial permit issued Jan. 17, 2017, allowing continued mining at the Sugar zone deposit of 30,000 additional tonnes and further underground development in preparation for full-scale commercial operations expected to begin first quarter 2018.
  • Halyard Inc., engaged to design and build an on-site mill to process ore at a rate of 525 tonnes per day, to be commissioned in Q1 2018.
  • Drilling contract signed for a minimum of 10,000 metres with Foraco International SA, which will mobilize three drill rigs to site over the next month. A total of five drill rigs are expected to be working by March, 2017.
  • High-definition airborne magnetometer, electromagnetic and VTEM surveys will commence late February and cover the entire Harte Gold land package as part of a large-scale regional exploration program to generate new high-priority exploration targets.
  • New hires to the Harte Gold team have begun and will be covered in a separate press release.
  • Harte Gold has begun discussions with Pic Mobert First Nation and plans to conclude an impact benefit agreement (IBA) by second quarter 2017.
  • Drilling on both the Sugar zone and newly discovered Middle zone continues to generate positive results. The Middle zone mineralized envelope continues to expand on strike and downdip.

"With the issuance of the phase 1 commercial permit, Harte Gold will accelerate activities at the Sugar zone mine and with a large-scale regional exploration program, which we expect will generate and test many new exploration targets on Harte Gold's district-scale land package," said Stephen G. Roman, Harte Gold's president and chief executive officer. "With our strong balance sheet and cash flow from the bulk sample, we expect 2017 to be a very exciting year for Harte Gold."

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