Harte Gold Corp Updates Mineral Resource Estimates
HARTE GOLD CORP announced it has updated its NI 43-101 compliant Mineral Resource Estimate based on 90,000 metres of drilling completed in 2018.
Harte reported an overall increase in mineral resources. Based on the drilling results, the Indicated Mineral Resources are now 1.1 million ounces Au grading 8.12 g/t and the Inferred Mineral Resources are 558,000 ounces Au grading 5.88 g/t.
The new figures for the Indicated Mineral Resources gold ounces represent an increase of 55%. The portion of lower grade Inferred Mineral Resource were upgraded to higher grade Indicated Mineral Resource.
The results also showed that mineralization has been extended along strike to the Wolf Zone both near surface and down dip. Inferred mineralization has been extended down dip – the Sugar and Middle Zones are converging.
The significantly expanded Indicated Mineral Resources will form the basis of a Feasibility Study targeted for the end of March which will define “Reserves” for the first time.
Continued drilling in 2019, between the Middle and Wolf Zones returned significant mineralization including 12.14 g/t Au over 2.00 metres at WZ-18-197W2, 13.39 g/t Au over 3.57 metres at WZ-19-197W3 and 12.98 g/t Au over 3.90 metres at WZ-18-222W4.
These results reflect a continued expansion of the Middle-Wolf Zone convergence area.
Property wide exploration defined for 2019, targeting three areas with potential to significantly extend defined mineralization along strike of the Sugar, Middle and Wolf Zones.
For more information: https://www.hartegold.com/