Harte’s Bulk Sample
Results justify increase to 100,000 tonnes
Harte Gold Corp has formally requested approval from the Ontario Ministry of Northern Development and Mines to mine an additional 30,000 tonnes under the Bulk Sample permission for a 70,000 sample. Purpose is to better test Sugar Zone mineralization and in light of increased mining widths encountered to date under the Bulk Sample.
Harte Gold is developing underground plans to test an area of the Sugar Zone Deposit located south of current mine operations as part of an expanded bulk sample and predevelopment for commercial production. Harte Gold is proceeding with various commercial production permitting initiatives and is in the process of completing baseline studies, test pitting for the tailings impoundment area and onsite mill design.
“The project’s really ready to go now,” says Stephen Roman, president and CEO.
“We think we have well over a million ounces there, but the other upside of the property is the whole Greenstone Belt that we have claims over, which is 30 km long. It could host another Hemlo, potentially”.
“This one is particularly easy to mine. It vertically dips with an average width of two to four metres, which sometimes blow out to eight to 10 metres.” Harte Gold reports that shipments of bulk sample ore to Barrick Gold Inc. for processing at the Hemlo Mill are running on schedule. The shipments are part of Harte Gold’s 70,000 tonne Advanced Exploration Bulk Sample at its 100% owned Sugar Zone Property near White River in Northern Ontario.
As per Barrick requirements, ore shipped to Hemlo must average 5 g/t or higher. Harte Gold shipments to date exceed this requirement.
On June 28, Harte Gold reported bulk sample mining and underground development is on schedule and budget. The mining program is on target with two levels, the 375 level and the 360 level development drifts completed. The 345 level is now under development. Ramping continues to access the lower levels and is currently 1,080 metres in length from the portal. Mining widths encountered on the 375 and 360 development sills range from 3 to 7 metres producing more development ore than expected with excellent ground conditions.
Tonnes shipped to Barrick’s Hemlo mill now total 5,360. May was the first full month of ore shipments where 1,640 tonnes of development ore were delivered to Barrick at an average grade of 11.538 grams/tonne.
Results for June far exceeded forecast for both tonnes and grade due to exceptional widths and grades encountered. The original forecast projected 298 tonnes of Development Ore during June as compared to 2,528 tonnes delivered.
Longhole drilling has begun on the 375 level. Mining began the first week of July as the mine’s first longhole stope. This first production ore was scheduled for shipment to Barrick in July. Days without Medical Aid or Lost Time now number 248, giving the Harte Gold/Technical Mining team a perfect safety record.
Harte Gold also holds the Stoughton-Abitibi property located on the Destor-Porcupine Fault Zone which is directly adjacent to and on strike of St Andrew Goldfields Holloway Gold Mine and its high grade “Smoke Deep Discovery” in the Timmins Gold Camp. Harte Gold is focused on the exploration and development of its Sugar Zone Property located 60 km east of the Hemlo Gold Camp. As per the Preliminary Economic Assessment dated July 12, 2012, the property contains an Indicated Resource of 980,900 tonnes, grading 10.13 g/t 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). The mineral resource was prepared in compliance with NI 43-101 guidelines.
Harte Gold also has announced the exercise of 6,410,732, June 2016 expiry, common share purchase warrants for proceeds of $914,504. This exercise represents 99.9% of June 2016 warrants previously outstanding.
Preliminary results from the recently completed Crone Geophysics survey show strong, previously untested anomalies within the 2.3 x 1.5 km survey area between the Sugar Zone and Wolf Zone Deposits.
These multiple targets are located on strike as well as adjacent to the east and west and will be drill tested under Harte Gold’s previously announced 5,000 metre exploration drilling program with the objective of expanding the resource base. Harte Gold is planning additional geophysics this fall south of the Sugar Zone Deposit to follow up the “Footwall Discovery” of 2014.