Toronto, ON – HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announce results for the year ended December 31, 2018.
Highlights
Sugar Zone Mine Construction
In 2018, Harte Gold successfully permitted, constructed and commissioned the Sugar Zone Mine.
Earthworks and preparation for the mill concrete pour started in September 2017.
Erection of the mill building started in December 2017, cladding of the mill was completed by March 2018.
Updated Mineral Resource estimate was announced in February 2018, tripling the combined Indicated and Inferred Mineral Resources.
Installation of the ball mill began in April 2018.
Impact Benefits Agreement was signed with Pic Mobert First Nation announced in May.
Mill commissioning started in August.
Announced first gold pour mid-October.
Shipment of first concentrate to the Horne smelter in early December.
Declared commercial production effective January 1, 2019.
As at December 31, 2018, during commissioning and prior to declaration of commercial production, the Company generated approximately $1.6 million from gold production and an additional $2.9 million was held as gold inventory at year end.