Harte Gold makes new gold discovery at Sugar Zone
Harte Gold Corp. [HRT-TSX; HRTFF-HRT; H4O-FSE] has made a significant new gold discovery in the 2.3 by 1.5-km area between the Sugar Zone deposit and the Wolf Zone discovery. The 100%-owned project is located 60 km east of the Hemlo gold camp in northern Ontario. This area was covered by a 3-D induced polarization/resistivity survey completed in the spring and summer of 2016.
Highlights: The discovery lies within a 28-metre envelope of anomalous gold between 150 and 450 metres vertical depth and includes four mineralized sections. Sections 2 and 3 measure 10 and 12 metres respectively and include gold grades up to 60 g/t.
Significant widths and grades include 14.84 g/t gold over 1.05 metres, including 38.70 g/t gold over 0.38 metres in drill hole WZ-16-37 (Zone 1). Hole WZ-16-42 returned 13.85 g/t gold over 1.20 metres that included 21.80 g/t gold over 0.9 metres (Zone 2). Hole WZ-16-42 intersected two other zones: 6.34 g/t over 6.0 metres, including 25.40 g/t over 1.20 metres, including 60.00 g/t over 0.50 metres (Zone 3); as well as 7.89 g/t over 2.65 metres, including 34.30 g/t over 0.45 metres (Zone 4). True width are unknown at this time.
The initial discovery drill hole, SZ-16-107, intersected a narrow zone measuring 0.25 metre thick and grading 2.47 g/t gold . Harte Gold followed up with a second hole, WZ-16-37, located 100 metres farther down dip which intersected 1.05 metres grading 14.84 g/t gold and drilled a third hole, WZ-16-42, an additional 100 metres down dip, which intersected the wide mineralized envelope that includes the four zones noted above.
The mineralization is characterized by quartz veining, fuchsite and tourmaline not seen previously in the Sugar zone deposit. Drilling continues on this discovery to further define its size potential.
“This is an exciting new discovery on the Sugar Zone property which validates the use of geophysics to find targets and also the incredible potential to find additional ounces on this property,” said Stephen Roman, President and CEO. “As found elsewhere in the Hemlo area gold mines, as you drill deeper, it gets better!”
Sugar Zone south extension drilling continues to go well with all drill holes to date intersecting both the upper and lower zones of the Sugar zone deposit. This area is expected to contribute to an increase in gold resources for the Sugar zone deposit.
Further exploration drilling north of the Wolf zone, on another geophysical (IP) target, has encountered anomalous gold zones which include sericite schist, fuchsite, tourmaline, pyrite and pyrrhotite. This mineralization is similar to Hemlo-style mineralization. Two deeper drill holes have recently been completed on this prospective area and assays are pending.