Agoracom: Small Cap Investment - Harte Gold Corp - Harte Gold Corp.: Drilling Expands Wolf Zone Gold Discovery to 600 Metre Strike

Welcome To The Hartegold Corp. HUB On AGORACOM

CDNX : HRT / Wise Investors Acquire Gold

Reply New Message

Back To Forum List View

box532

Rank: Mail Room [?]

Points: 60 [?]

Votes: 2 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Harte Gold Corp.: Drilling Expands Wolf Zone Gold Discovery to 600 Metre Strike

posted on Dec 14, 2010 09:49AM

December 14, 2010

Harte Gold Corp.: Drilling Expands Wolf Zone Gold Discovery to 600 Metre Strike Length

Geophysics Defines Significant Synform Structure

TORONTO, ONTARIO--(Marketwire - Dec. 14, 2010) - HARTE GOLD CORP. ("Harte") (TSX VENTURE:HRT)(FRANKFURT:H4O) is pleased to announce the latest drill results from the new Wolf Zone gold discovery located two kilometres northwest of the Sugar Zone Deposit, which is located 60 kilometres east of the Hemlo Gold Camp, Ontario, Canada.

Highlights:                                                                 

--  Shallow step-out drilling extends Wolf Zone strike length to 600 metres 
--  Wolf Zone remains open along strike and down dip 
--  28 holes have been drilled to date and confirm continuity of the gold
    zone 
--  Visible gold, molybdenum, chalcopyrite and galena, visible in drill core
--  Recent analysis of geophysical data outlines significant synform fold
    structure 

----------------------------------------------------------------------------
Hole Number    From (metres)    To (metres)    Width (metres)    Grade (g/t)
----------------------------------------------------------------------------
WZ-10-03                  87             99                12           2.25
Including               88.5           93.5                 5            4.3
Including                 90             91                 1           13.6
----------------------------------------------------------------------------
WZ-10-06                78.6           81.1               2.5           8.81
----------------------------------------------------------------------------
WZ-10-07                92.5           93.5                 1           3.19
----------------------------------------------------------------------------
WZ-10-08                27.5             45              17.5            2.1
Including                 37             45                 8            3.1
Including                 37             38                 1            8.1
----------------------------------------------------------------------------
WZ-10-09                71.5           75.5                 4            0.4
Including                 72             73                 1            1.1
----------------------------------------------------------------------------
WZ-10-10                  90             92                 2            0.7
Including               90.5           91.5                 1            1.1
----------------------------------------------------------------------------
WZ-10-11                  57             60                 3           0.21
----------------------------------------------------------------------------
WZ-10-12                  70             71                 1           1.71
----------------------------------------------------------------------------
WZ-10-13                  60             66                 6           0.53
----------------------------------------------------------------------------
WZ-10-14                  73             77                 4           1.05
Including               73.5           74.5                 1           2.54
----------------------------------------------------------------------------

The drill holes reported are from an initial series of bore holes drilled to define the orientation of the Wolf Zone and are a follow - up to discovery hole number NZ-10-02, which intersected 9.5 g/t over 7.5 metres from 22 metres to 29.5 metres, including 22.9 g/t over 3.5 metres and 111 g/t over 0.5 metres (see news release November 10, 2010).

Exploratory drilling was completed on 100 metre centres on strike in both directions and continuously intersected the mineralized zone. Assays for an additional 14 holes are pending. To date, 28 holes have been drilled along strike at shallow depth. Holes WZ-10- 04 and WZ -10-05 were stopped short of the zone.

The drill results comprise core intersection lengths (true width unknown) and were assayed at Activation Laboratories in Thunder Bay, Ontario using standard fire assay with AA and gravimetric finish. Harte is also using screen metallics on assays over 3 grams / tonne.

Geophysical Data

Recent analysis of an airborne survey of the entire Property completed by Fugro Airborne Surveys indicates the presence of a significant synform structure. The survey indicates the presence of a classic "fold nose" (fold closure) formation five kilometres northwest of the current Wolf Zone drilling. The axis of the Synform runs south under Lake Dayohessarah. Both the Wolf Zone and the Sugar Zone are situated on the eastern limb of the synform. Harte is looking forward to testing other areas of interest along the eastern limb as well as beginning exploration work on the now apparent western limb.

Exploration Program

This phase of the drill program is now completed. Exploration will re-start after the Christmas break. An IP survey will be completed over the ground between the Sugar Zone and Wolf Zone by mid-January 2011 whereupon the IP crew will move to the "fold nose" to begin working on that area. The next series of holes on the Wolf Zone will be drilled to a vertical depth of 200 and 300 metres across the strike length to further define the down dip extension of the Wolf Zone. Infill drilling on the Sugar Zone Deposit will focus on upgrading and expanding the current indicated and inferred resource and will begin in January.

Staking

Harte has staked an additional 1,057 claim units (16,917 hectares) situated around the periphery of the Sugar Zone Property claim package. The staking was done in order to consolidate Harte's property position and provide a buffer zone around current and potential future operations.

"The recently interpreted geophysical information shows the Sugar Zone gold deposit and Wolf Zone gold discovery are coincident with the eastern limb of this synform," commented Stephen G. Roman, President and CEO. "We will be accelerating our efforts along a clearly mineralized structure and anticipate making further discoveries."

QA / QC Statement

Diamond drill holes were drilled with NQ sized core in order to obtain larger sample volumes of the mineralized zones. The core was sealed and delivered by the drilling contractor to Harte's facilities located in White River, Ontario. The mineralized sections of the cores were photographed for reference, logged and mineralized sections were sawed in half. Sample lengths were 0.5 metres. Half core samples were bagged, sealed and delivered to Activation Laboratories in Thunder Bay, Ontario, an accredited laboratory. The remaining core is stored on site for reference. Samples were assayed by the fire assay method using an atomic absorption finish on a 50 gram pulp split. A quality assurance and quality control program (QA/QC) was implemented by Harte and the laboratory to ensure the precision and reproducibility of the analytical method and results. The QA/QC program includes the insertion of standards, blanks and field duplicates in the sample batches sent to the laboratory and a systematic re-assaying of samples returning values above 3 g/t Au by the fire assay method using a gravimetric finish.

The drill program is being conducted under the supervision of George A. Flach, P. Geo, Vice President of Exploration for Harte. Mr. Flach is the Qualified Person (QP) as defined in National Instrument 43-101 and has reviewed the technical information contained herein.

1 Recommendations

Re: Harte Gold Corp.: Drilling Expands Wolf Zone Gold Discovery to 600 Metre Strike

Justice

Dec 14, 2010 09:54PM

Re: Harte Gold Corp.: Drilling Expands Wolf Zone Gold Discovery to 600 Metre Strike

BigIsBest

Dec 14, 2010 11:11PM

Re: Harte Gold Corp.: Drilling Expands Wolf Zone Gold Discovery to 600 Metre Strike

patg73123

Dec 15, 2010 01:21AM

Re: Harte Gold Corp.: Drilling Expands Wolf Zone Gold Discovery to 600 Metre Strike