03:18 PM EST, 12/11/2018 (MT Newswires) -- Harte Gold (HRT.TO) was up 2.9% after the company on Tuesday said it is on track to declare commercial production at its Sugar Zone mill complex by year end and said it extended a US$20 million loan facility from Appian Natural Resources Fund.
The company said the mill attached to its Sugar Zone mine in northern Ontario is processing 575 tonnes of ore per day and is being fed by underground and stockpiled ores, with plans in place to convert solely to underground supplies early in 2019.
Harte also released additional drilling results from the mine's middle zone showed high-grade mineralization, with one core testing at 11.55 grams per tonne of gold over 1.63 meters of core.
The company's shares were last seen up $0.01 to $0.35 on the Toronto Stock Exchange.
Price: 0.35, Change: +0.01, Percent Change: +2.94
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