World News: 23:30 GMT Wednesday 15th May 2019. [Harte Gold Corp. via Globe Newswire via SPi World News]
TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to provide the following exploration update:
Stephen G. Roman, President and CEO of Harte Gold, commented, “The exploration permits we have received provide a green light to really accelerate our regional field program. With work completed over the past year, the Company has many prospective areas that have never been explored.”
The K7 Area is located south of the Sugar Zone Mine. Drilling continues to intersect wide intervals of feldspar porphyry in proximity to a mafic volcanic/sedimentary contact. Anomalous gold values up to 0.73 g/t Au were intersected within a moderately silicified feldspar porphyry. Additional anomalous intersections were intersected within moderately silicified porphyry and iron formation respectively.
A VLF survey was completed in the K7 South Area covering the same volcanic / sediment contact to define potential drill targets in this area. Several prospective VLF trends were outlined from the survey. A geological mapping and sampling program completed last year in this area outlined several altered mafic volcanic and feldspar porphyry outcrops with anomalous copper values to 1,750 ppm and gold values up to 1 g/t.
Drilling at Hambleton Lake confirmed an extension of the Fisher Zone with drilling intersecting several altered mafic volcanic and porphyry units with widths up to 22 metres, accompanied by 1-2% pyrite and pyrrhotite. Several holes returned anomalous zinc values in iron formation most notably HG-19-27 which assayed 0.44% zinc over 0.35 metres and hole HG-19-26 which assayed 0.27% zinc over 0.67 metres. Deeper drilling is currently being planned to test the outlined alteration system and iron formations down dip.
The company has implemented a quality assurance and control (“QA/QC”) program to ensure sampling and analysis of mine and exploration work is conducted in accordance with industry standards. Drill core is sawn in half with one half of the core shipped to Activation Laboratories located in Thunder Bay, ON, while the other half is retained at the Company’s core facilities in White River, ON, for future verification. Channel and Chip samples were sent to Wesdome Mines lab in Wawa, ON. Certified reference standards and blanks are inserted into the sample stream on a regular interval basis and monitored as part of the QA/QC program. Gold analysis is performed by fire assay using atomic absorption, gravimetric or pulp metallic finish.
Robert Kusins, P. Geo., Harte Gold’s Senior Mineral Resource geologist, is the Company’s Qualified Person and has prepared, supervised the preparation, or approved the scientific and technical disclosure in this news release.
Photos accompanying this announcement are available at:
Harte Gold is Ontario’s newest gold producer through its wholly owned Sugar Zone Mine in White River Ontario. Using a 3 g/t gold cut-off, the NI 43-101 compliant Mineral Resource Estimate dated February 19, 2019 contains an Indicated Mineral Resource of 4,243,000 tonnes grading 8.12 g/t Au with 1,108,000 ounces contained gold and an Inferred Mineral Resource of 2,954,000 tonnes, grading 5.88 g/t Au with 558,000 ounces contained gold. Exploration continues on the Sugar Zone Property, which encompasses 79,335 hectares covering a significant greenstone belt.
Globe Newswire: 23:30 GMT Wednesday 15th May 2019
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