HARTE GOLD CORP. ("Harte Gold") is pleased to announce the discovery of five high priority "up-ice" Induced Polarization ("IP") anomalies associated with shear zones, which together with a number of other anomalies were identified by the recently completed Phase 1, IP Survey on its Sugar Zone property located 60 kilometers east of the Hemlo gold mines currently being mined by Barrick Gold Corporation (see map: http://media3.marketwire.com/docs/949324i.pdf).
Three of the five IP anomalies are on the edge of a previously un-surveyed topographic depression located one kilometer north-east of the Peacock boulders. This low lying area is also the location of the winter 2014 lake bottom sediment sampling program which returned high arsenic and molybdenum values, similar to the signature found in the Hemlo Camp discoveries. This topographic depression has strong potential to be the source of the Peacock boulders (see News Releases dated March 26, 2014 and May 5, 2014).
The IP anomalies associated with the shear zones are located in an area 400 meters to 1,500 meters from the Peacock boulders. The Peacock boulder discovery sits within a boulder train of angular slabs of similar material that extends one kilometer to the north-east.
The IP Survey was carried out over an area located east and north-east of both the Peacock boulder train and the Wolf Zone that was discovered in 2010. The purpose of this IP survey was to identify the source of the Peacock boulders that returned gold assays up to 87 g/t. In addition, highly elevated gold pathfinder elements such as arsenic, molybdenum, tungsten and zinc have been identified.
Robert S. Middleton, P.Eng., Consultant and Project Manager, concludes that glacial ice flow came from the north-east and traversed the five shear zones. During this process the shear zones were gouged by the ice sheet and boulders and slabs of this material were scattered down ice in the direction of the Peacock boulder.
Mr. Middleton added: "The Peacock boulders consist of sericitic, sheared and deformed rocks similar to the host rock of the Hemlo gold mineralization. Upon finding a boulder train of angular slabs of these sericitic rocks 'up ice' from the Peacock boulders, we decided to carry out an initial lake bottom sediment survey, returning high arsenic and molybdenum values, along a structure identified under a previous airborne magnetic survey. The structure follows a topographic depression 1 - 1.5 kilometers north-east (up ice) of the Peacock boulders."
IP Survey Extended
Harte Gold has commenced a Phase 2 IP program to cover the north and south extensions of the recently discovered IP targets with an additional 30 kilometer line survey. The Phase 2 IP survey will be enhanced by the addition of a Magnetic Survey which will assist in the identification of geological structural controls in the survey area.
Summer 2014 Drill Program
Harte Gold is preparing a drill program for this summer to test the shear zones and IP anomalies. This drill program will be preceded by comprehensive till sampling to test for pathfinder minerals and zero in on drill targets before the commencement of drilling. The drill program is anticipated to consist of approximately 6,000 meters in 40 drill holes which will test all newly identified anomalies.
QA / QC Statement
The Induced Polarization ("IP") surveys are being conducted under the supervision of Robert S. Middleton, P.Eng. Mr. Middleton is an "independent qualified person" for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators and has verified the data disclosed in this release.
About Harte Gold Corp.
Harte Gold Corp. is focused on the exploration and development of its 100% owned Sugar Zone property. It has received permits for an advanced exploration (bulk sample) program at the Sugar Zone Deposit. The Sugar Zone property is located 60 kilometres east of the Hemlo Gold Camp, Ontario and contains a National Instrument 43-101 compliant Indicated Resource of 980,900 tonnes grading 10.13 g/t Au for 319,280 ounces of contained gold (uncapped) and an Inferred Resource of 580,500 tonnes grading 8.36 g/t Au for 155,960 ounces of contained gold (uncapped). Harte Gold 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 Holt-Holloway Gold Mine in the Timmins, Ontario Porcupine gold camp.
Common Shares Outstanding: 216,948,246
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Source: http://www.hartegold.com/