HARTE GOLD CORP. ("Harte Gold") is pleased to announce it has begun a drill program to follow up on the discovery (see news release dated February 27, 2015) of a new gold zone; the "Footwall Zone" and Hemlo style mineralization at the "Contact Zone" at Harte Gold's 100% owned Sugar Zone property located north-east of White River, Ontario.
Footwall Zone
Harte Gold will drill two holes in a new gold bearing vein system located approximately 50 meters east of the Sugar Zone Deposit. Mineralized drill intersections encountered in the previous drill program featured "crack seal" veins which are a strong indicator of gold mineralization and occur at the Bell Creek Mine in Timmins, Ontario and numerous other lode gold deposits in the Abitibi greenstone belt. Drilling will test potential extensions of the Footwall Zone at depth and along strike.
Contact Zone
Harte Gold will drill a total of six holes in the Contact Zone where previous near - surface drilling intersected 47 meters of sericite schist and flanking siliceous sediments containing Hemlo style geochemistry and mineralization and anomalous gold. Drilling will test the three kilometer Contact Zone at depth and along strike.
Bulk Sample Update
Site preparation is scheduled to begin in the second half of May following spring break-up. Harte Gold is currently negotiating final terms for both contract mining and contract milling services. Harte Gold is also reviewing several financing options for the 70,000 tonne bulk sample. "Though the capital markets continue to be challenging for the resource sector, the high grade Sugar Zone Deposit and our 70,000 tonne bulk sample have attracted interest from a number of parties and we anticipate arranging project financing on favorable terms," said Stephen G. Roman, President and CEO.
Stoughton Abitibi Property
Harte Gold has initiated the plans and permit process in support of a drill program designed to test known structures and mineralization on the property.
Source: http://www.hartegold.com/