Harte Announces TSX Venture Approval of Option to Purchase Sugar Zone Property
Company:
Harte Gold Corp.
Title:
Harte Announces TSX Venture Approval of Option to Purchase Sugar Zone Property
Text:
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - HARTE GOLD CORP. ("Harte") (TSX VENTURE:HRT)(FRANKFURT:H4O) is pleased to announce that the TSX Venture Exchange has approved the 0ption to acquire Corona Gold Corp.'s ("Corona") 51% interest in the Sugar Zone Property (the "Option") announced March 8, 2010.
Pursuant to the Option Harte is now the Operator of the project and has paid $10,000 and issued 7,180,000 common shares to Corona.
About Harte Gold Corp.
Harte Gold Corp. is a Canadian gold exploration company with interests in the Sugar Zone and Stoughton-Abitibi properties located in Ontario, Canada. The Sugar Zone Property ("Sugar Zone") is located 60 kilometres east of the Hemlo Gold Camp and holds an NI 43-101 compliant inferred resource of 904,400 tonnes grading 9.75 g/t Au for 284,000 ounces of contained gold. Harte is the Operator of the project and currently owns 49% interest in the Sugar Zone and has the option to acquire the remaining 51% of the Sugar Zone. The Stoughton-Abitibi property is located on and adjacent to the Destor-Porcupine Fault Zone in close proximity to the 2.5 million ounce Holloway-Holt Gold Mine in the Timmins Porcupine gold camp. George Flach P.Geo, Vice-President of Exploration for Harte Gold Corp. is the qualified person as defined by National Instrument 43-101 and reviewed the technical information contained herein.
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - HARTE GOLD CORP. ("Harte") (TSX VENTURE:HRT)(FRANKFURT:H4O) is pleased to announce that the TSX Venture Exchange has approved the 0ption to acquire Corona Gold Corp.'s ("Corona") 51% interest in the Sugar Zone Property (the "Option") announced March 8, 2010.
Pursuant to the Option Harte is now the Operator of the project and has paid $10,000 and issued 7,180,000 common shares to Corona.
About Harte Gold Corp.
Harte Gold Corp. is a Canadian gold exploration company with interests in the Sugar Zone and Stoughton-Abitibi properties located in Ontario, Canada. The Sugar Zone Property ("Sugar Zone") is located 60 kilometres east of the Hemlo Gold Camp and holds an NI 43-101 compliant inferred resource of 904,400 tonnes grading 9.75 g/t Au for 284,000 ounces of contained gold. Harte is the Operator of the project and currently owns 49% interest in the Sugar Zone and has the option to acquire the remaining 51% of the Sugar Zone. The Stoughton-Abitibi property is located on and adjacent to the Destor-Porcupine Fault Zone in close proximity to the 2.5 million ounce Holloway-Holt Gold Mine in the Timmins Porcupine gold camp. George Flach P.Geo, Vice-President of Exploration for Harte Gold Corp. is the qualified person as defined by National Instrument 43-101 and reviewed the technical information contained herein.