Harte Gold Corp (CE) (HRTFF) Quote

HRTFF: CUSIP suspended. FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Sure, but when? Thanks!!!

That time of the month. Forbearance Period.

To the moon!!!

News - Harte Gold Announces Appointments of CEO and COO
Email Print Friendly Share
November 04, 2019 17:17 ET | Source: Harte Gold Corp.
TORONTO, Nov. 04, 2019 (GLOBE NEWSWIRE) -- HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announce the following executive appointments:

Sam Coetzer to President, Chief Executive Officer and Director
Dr. Martin Raffield to Executive Vice President and Chief Operating Officer
Stephen G. Roman, Chairman of Harte Gold commented “We are pleased to welcome Sam and Martin to Harte Gold. Both Sam and Martin have visited the Sugar Zone mine site and are confident they will deliver operational success. As former CEO of Golden Star, Mr. Coetzer successfully transitioned the company from open pit operations to an underground-only producer, increased its profile in the capital markets and dramatically grew market capitalization which in turn provided shareholders a significant return. Mr. Coetzer brings a proven strategic mindset that will benefit all shareholders of Harte Gold.”

Sam Coetzer, President and CEO of Harte Gold commented “I am very excited to join Harte Gold as CEO. I see tremendous potential in the Sugar Zone property and believe the operational challenges experienced to-date can be resolved. Upon Martin and I taking office, our near-term focus is to drive stronger operational performance, optimize underground operations, ensure the paste plant is operational by year end and execute a 2020 mine plan and strategy that is achievable. We look forward to delivering these results for all shareholders in the coming months.”

Appointment of Sam Coetzer as President, CEO and Director

Mr. Coetzer has over 30 years of international mining experience and provides Harte Gold with strong leadership skills and an extensive knowledge of underground mining operations. Most recently, Sam was President and Chief Executive Officer of Golden Star Resources Ltd. During Mr. Coetzer’s tenure as CEO, he successfully:

Transitioned the company from open pit operations to an underground-only producer
Attracted institutional capital including a large strategic investment
Grew the capital markets profile and increased overall share trading volume
Prior to Golden Star, Sam held numerous senior management positions for global mining companies, including Senior Vice President, South American Operations for Kinross Gold, COO of Xstrata Nickel, COO of Xstrata Coal South Africa and Managing Director for Placer Dome Inc. in Africa. Mr. Coetzer holds a degree in mining engineering from the University of Pretoria, South Africa.

Mr. Coetzer has also been appointed to the Board of Directors of Harte Gold.

Appointment of Dr. Martin Raffield as Executive Vice President and COO

Dr. Raffield has over 25 years of experience managing underground mining operations across Canada and Africa. Most recently, Martin was appointed Executive Vice President and Chief Technical Officer of Golden Star, after joining Golden Star as Senior Vice President, Project Development and Technical Services. From June 2007 to 2011, Martin served as Principal Consultant and Practice Leader, SRK Consulting (US). Prior to SRK, he was Chief Engineer and Mine Superintendent at the Campbell Mine for Placer Dome Inc. Martin holds a Ph.D. in geotechnical engineering from the University of Wales and is a Professional Engineer registered in Ontario.

Conference Call and Webcast

Senior management will host a conference call and webcast to discuss the announced management changes. The conference call and webcast are scheduled for Tuesday, November 5, 2019 at 9:00 a.m. Eastern Time.

Conference call and webcast details:

Tuesday November 5, 2019 at 9:00 a.m. (EDT)
Webcast http://www.gowebcasting.com/10429
Toll free (North America) 1-800-319-4610
International 416-915-3239

An archive of the webcast will be available on the Company’s website www.hartegold.com.

Board Renewal

Pursuant to the press release announced August 28, 2019, Fergus P. Kerr has resigned from the Board. The Company would like to thank Mr. Kerr for his outstanding service to the Board. We look forward to Mr. Kerr’s continued work on the Company’s Safety, Health and Environment Committee and wish Mr. Kerr all the best in his future endeavors.

Harte Gold also announces the retirement of Roger J. Emdin, Vice President Operations, effective October 31, 2019. The Company would like to thank Roger for all his contributions over the last four years.

For further information, please contact:

Sam Coetzer Shawn Howarth
President and CEO Vice President, Corporate Development
Tel: 416-368-0999
E-mail: sh@hartegold.com

This news release includes "forward-looking statements", within the meaning of applicable securities legislation, which are based on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words suggesting future outcomes or statements regarding an outlook. Such risks and uncertainties include, but are not limited to, there being no events of default or breaches of key financing agreements, including agreements with BNP Paribas and Appian; the Company being able to attract and retain qualified candidates to join the Company’s management team and Board, risks associated with the mining industry, including operational risks in exploration, development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of the Company to obtain all permits, consents or authorizations required for its operations and activities; and health, safety and environmental risks, the risk of commodity price and foreign exchange rate fluctuations, the ability of Harte Gold to fund the capital and operating expenses necessary to achieve the business objectives of Harte Gold, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by the Company. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of the Company should not place undue reliance on these forward-looking statements.

Readers are cautioned that the foregoing list of risks, uncertainties and other factors are not exhaustive. The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements are expressly qualified by this cautionary statement.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Related Articles
More articles issued by Harte Gold Corp.
More articles related to:
Calendar of Events
Directors and Officers

Ten cents by Friday.

Harte Gold Announces Positive Feasibility Study

https://www.hartegold.com/news/harte-gold-announces-positive-feasibility-study

52 Week Low Today :(

Harte Gold Announces 2018 Drilling Increases Indicated Mineral Resources by 55%

6:59 am ET February 20, 2019 (Globe Newswire)
HARTE GOLD CORP. ("Harte Gold" or the "Company") (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announce an updated NI 43-101 Mineral Resource Estimate based on 90,000 metres of drilling completed in 2018.

Highlights:

2018-2019 Mineral Resource Estimate Comparison at 3 g/t Au cut-off

Description Indicated Inferred
Tonnes Grade (g/t) Ounces Au Tonnes Grade (g/t) Ounces Au
Sugar, Middle, Wolf Zones (2019) 4,243,000 8.12 1,108,000 2,954,000 5.88 558,000
Sugar, Middle Zones (2018) 2,607,000 8.52 714,200 3,590,000 6.59 760,800
-- Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability.

The 3g/t Au cut-off was derived from US1250 Au price, US$0.80 exchange rate, C$86/t mining cost, C$28/t processing cost, C$10/t sustaining Capex, C$5/t G&A cost, US$5/oz refining cost, 96% processing recovery and USD115/oz shipping, smelting and royalty charges (averaged across total production).

Stephen G. Roman, President and CEO of Harte Gold commented:

"The updated Mineral Resource Estimate incorporates 90,000 metres of infill and step out drilling completed in 2018 across the Sugar, Middle and Wolf Zones. The drilling was significant as it accomplished the following objectives:

Reconfirmed that high grade mineralization is continuous and overall grade increases with infill drilling

The Company was successful in expanding the Indicated Mineral Resource gold ounces by 55% and extending mineralization an additional 400 metres down dip at the Sugar and Middle Zones at a consistent grade profile.

Management expects that with continued infill drilling lower grade Inferred Resources will be upgraded to a higher grade Indicated Mineral Resources.

Demonstrated potential convergence of the Sugar, Middle and Wolf Zones through step out drilling

The Company was also successful expanding Inferred Resources to 1,300 meters below surface. While Inferred Mineral Resources decreased year-over-year, a significant portion was upgraded to the Indicated Mineral Resources category.

Mineralization has also been expanded to include the convergence areas between the Sugar and Middle Zones, reconfirming management's understanding that the Sugar, Middle and Wolf Zones are part of a larger system at depth.

Identified new zones of mineralization along strike and parallel to existing structures

The Company is also pleased to announce an initial Mineral Resource Estimate for the Wolf Zone. Previously, the Wolf Zone was not included in the mine plan and now demonstrates significant potential to expand the Mineral Resource base and further extend mine life. The resource also factors in addition of several parallel zones such as the Footwall Zone that was identified at the Sugar and Middle Zones."

Longitudinal Projection - Mineral Resource Comparison is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cbb4de5c-832b-425e-bb99-cba3df1f8d3f

Near Mine Exploration Update

The Company is pleased to report the following assays returned reflecting an expansion of the Sugar Zone to the southeast and continued growth of the Middle-Wolf Zone convergence area. Assays from SZ-18-260W, WZ-18-197W2, WZ-19-197W3 were returned after the Mineral Resource cut-off and have not been factored into the latest Mineral Resource Estimate.

Sugar Zone Southeast Extension

Hole # From To Au (g/t) Width (m)
SZ-18-260W 846.85 848.37 5.37 1.52
Middle-Wolf Zone Convergence Area

Hole # From To Au (g/t) Width (m)
WZ-18-197W2 1099.00 1101.00 12.14 2.00
WZ-19-197W3 950.43 954.00 13.39 3.57
WZ-18-221W2 911.42 913.00 10.27 1.58
WZ-18-222W4 869.30 871.62 8.83 2.32
WZ-18-222W4 884.00 887.90 12.98 3.90
Core intersection lengths in the tables above approximate 80% true width, assay results are uncut, fire assay with metallic screen on samples >10 g/t
Longitudinal Projection - Downhole IP Target Areas is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/da33d362-85aa-4624-a114-e806e3fc9785

Near mine exploration in 2019 will focus on the expansion of Inferred Mineral Resources along strike and the convergence of all three zones - Sugar, Middle and Wolf - at depth.

The Company plans to use additional downhole geophysics to further focus diamond drilling. Downhole IP (Induced Polarization) successfully led to the discovery of the Middle Zone and extension of mineralization to a depth of 750 metres from surface, announced late last year. The Company is targeting four holes as an initial IP program for 2019, illustrated on the above longitudinal projection.

Property Wide Exploration Update

The Company is also pleased to provide an update on its property wide exploration program, now defined for three highly prospective areas. The program is based on a combination of previous diamond drilling success and VLF geophysics. These areas are called the Hambleton Lake, K7 South and Flat Lake areas.

The Hambleton Lake area is an on strike extension of known mineralization north of the Wolf Zone. Prospecting and geochemical surveying completed over the summer and fall of 2018 identified an area with high gold in soil samples up to 826 ppb. For example, similar geochemical analysis over the Sugar Zone identified values of 25 ppb in soil samples. Accessibility in the summer months necessitates a winter drill program which will begin in March.

The K7 South area is a southern extension of mineralization along strike where prospecting samples returned anomalous gold and base metals values in an area where there are several outcrops of altered feldspar porphyry and altered mafic volcanics, a similar setting to the Sugar and Middle Zones. The Company is now completing a VLF geophysical survey and will drill the area in April/May.

The Flat Lake area in the northeast area of the Property has returned significant electromagnetic anomalies as well as up to 1% zinc in surface sampling. A VLF survey will be completed in this area prior to drilling.

Planned Exploration 2019 is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/43bd2b2e-0bcc-43b6-9401-d894fcd286fe

QP Statement

The updated Mineral Resource Estimate was prepared in compliance with NI 43-101 guidelines. Robert Kusins, P. Geo. and Harte Gold's senior Mineral Resource geologist, is the Company Qualified Person for Harte Gold and has prepared, supervised the preparation, or approved the scientific and technical disclosure in this news release. Independent Qualified Person, Eugene Puritch, P.Eng., FEC, CET of P&E Mining Consultants Inc. has reviewed and approved the technical contents of this news release.

QA/QC Statement

The company has implemented a quality assurance and control ("QA/QC") program to ensure sampling and analysis of mine and exploration work is conducted in accordance with industry standards. Drill core is sawn in half with one half of the core shipped to Activation Laboratories located in Thunder Bay, ON, while the other half is retained at the Company's core facilities in White River, ON, for future verification. Channel and Chip samples were sent to Wesdome Mines lab in Wawa, ON. Certified reference standards and blanks are inserted into the sample stream on a regular interval basis and monitored as part of the QA/QC program. Gold analysis is performed by fire assay using atomic absorption, gravimetric or pulp metallic finish.

About Harte Gold Corp.

Harte Gold is Ontario's newest gold producer through its wholly owned Sugar Zone Mine in White River, Ontario. Using a 3 g/t gold cut-off, the NI 43-101 compliant Mineral Resource Estimate dated February 19, 2019 contains an Indicated Mineral Resource of 4,243,000 tonnes grading 8.12 g/t for 1,108,000 ounces contained gold and an Inferred Mineral Resource of 2,954,000 tonnes, grading 5.88 g/t for 558,000 ounces contained gold. Exploration continues on the Sugar Zone property, which encompasses 83,850 hectares covering a significant greenstone belt.

For further information, please contact:
Stephen G. Roman Shawn Howarth
President and CEO Vice President, Corporate Development
Tel: 416-368-0999 Tel: 416-368-0999
Email: sgr@hartegold.com E-mail: sh@hartegold.com
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

https://resource.globenewswire.com/media/84e67ad3-8f15-4bc5-9e3a-1da6113b5f07/small/harte-logo-jpg.jpg