Ontario Prospector - Spring/Summer 2015 - (Page 15)

featurestory Gold Exploration Properties in Premier Mining Camps in Ontario, Canada High Grade Sugar Zone Gold Deposit Ready for Bulk Sample By Tim Campbell H arte Gold Corp. ("Harte Gold") holds the Sugar Zone and Stoughton Abitibi properties, located in two of Canada's most prolific mining camps; the Hemlo and Timmins camps in Ontario. Sugar Zone Property Harte Gold is currently focused on the Sugar Zone property which features a 500,000 ounce deposit grading close to 10 grams/tonne (0.35 oz/tonne). After a number of years of drilling and permitting, Harte Gold is ready to begin a 70,000 tonne bulk sample which should generate approximately 25,000 ounces of gold and set Harte Gold on the path to commercial production. Harte Gold has owned the Sugar Zone Property since the early 1990's but was not in a position to develop it until recently. Under previous Harte management, 51% of the property was sold to Corona Gold Corp. and between them the companies undertook limited exploration. The project got the shake-up it needed in early 2009 when Harte Gold's shareholders voted out the previous board and management and elected resource entrepreneur Stephen G. Roman as the company's CEO, President and Director. "I started building a new team immediately," says Stephen. "I brought on Tim Campbell as Vice President, George Flach, Vice President Exploration and Rein Lehari as Chief Financial Officer, put in a new board of directors comprised of senior mining executives, refinanced the Company and went to work on buying back Corona's interest in the Sugar Zone Property." It took about a year of negotiations but eventually Harte Gold reclaimed Corona's 51% interest to bring its own interest in the property back to 100%. The company had good reason for pursuing the project - the exceptionally rich deposit contained within. "The Sugar Zone deposit is a continuous, high-grade gold deposit; it stretches lengthways for between 800 and 1000 metres and we've drilled it to a kilometre in depth," Stephen explains. "The grade runs approximately 10 grams of gold per tonne, which is significantly The Ontario Prospector  *  Spring/Summer 2015  higher than most other gold deposits anywhere in the world. A preliminary Economic Assessment ("PEA") completed in 2012 shows all-in production costs of $600 per ounce which will give the mine exceptional profitability. Most mines out there today need a gold price of $1,000 per ounce to be viable, but the Sugar Zone Mine does not; even at current gold prices it would be extremely profitable." After securing 100% of the Sugar Zone Property, Harte recommenced exploration work with great success. It wasn't long before Harte doubled the size of the gold resource to around 500,000 ounces and increased the potential depth to 1,000 metres, which Stephen says could tip the mineral resource over the one million ounce mark. Stephen remarked "The Sugar Zone property covers close to 30,000 hectares (65,000 acres) and contains the same type of mineralization as the nearby Hemlo gold mine which has produced more than 25 million ounces of gold to date. We believe the Sugar Zone property has the potential to hold several multi million ounce deposits." The Sugar Zone Deposit currently holds an NI 43-101 compliant Indicated Resource of 980,000 tonnes grading at 10.13 grams per tonne (uncapped) for 15

Table of Contents for the Digital Edition of Ontario Prospector - Spring/Summer 2015

Report from the Ontario Prospectors Association
Sketches of Mines Through Time
Transition Metals Corp., A Successful Project Generator
Gold Exploration Properties in Premier Mining Camps in Ontario, Canada
Buyers’ Guide

Ontario Prospector - Spring/Summer 2015

Ontario Prospector - Spring/Summer 2015 - (Page cover1)
Ontario Prospector - Spring/Summer 2015 - (Page cover2)
Ontario Prospector - Spring/Summer 2015 - (Page 3)
Ontario Prospector - Spring/Summer 2015 - (Page 4)
Ontario Prospector - Spring/Summer 2015 - (Page 5)
Ontario Prospector - Spring/Summer 2015 - (Page 6)
Ontario Prospector - Spring/Summer 2015 - Report from the Ontario Prospectors Association (Page 7)
Ontario Prospector - Spring/Summer 2015 - Report from the Ontario Prospectors Association (Page 8)
Ontario Prospector - Spring/Summer 2015 - Sketches of Mines Through Time (Page 9)
Ontario Prospector - Spring/Summer 2015 - Sketches of Mines Through Time (Page 10)
Ontario Prospector - Spring/Summer 2015 - Transition Metals Corp., A Successful Project Generator (Page 11)
Ontario Prospector - Spring/Summer 2015 - Transition Metals Corp., A Successful Project Generator (Page 12)
Ontario Prospector - Spring/Summer 2015 - Transition Metals Corp., A Successful Project Generator (Page 13)
Ontario Prospector - Spring/Summer 2015 - Transition Metals Corp., A Successful Project Generator (Page 14)
Ontario Prospector - Spring/Summer 2015 - Gold Exploration Properties in Premier Mining Camps in Ontario, Canada (Page 15)
Ontario Prospector - Spring/Summer 2015 - Gold Exploration Properties in Premier Mining Camps in Ontario, Canada (Page 16)
Ontario Prospector - Spring/Summer 2015 - Buyers’ Guide (Page 17)
Ontario Prospector - Spring/Summer 2015 - Buyers’ Guide (Page 18)
Ontario Prospector - Spring/Summer 2015 - Buyers’ Guide (Page cover3)
Ontario Prospector - Spring/Summer 2015 - Buyers’ Guide (Page cover4)
https://www.nxtbook.com/naylor/ONPB/ONPB0217
https://www.nxtbook.com/naylor/ONPB/ONPB0117
https://www.nxtbook.com/naylor/ONPB/ONPB0216
https://www.nxtbook.com/naylor/ONPB/ONPB0116
https://www.nxtbook.com/naylor/ONPB/ONPB0215
https://www.nxtbook.com/naylor/ONPB/ONPB0115
https://www.nxtbook.com/naylor/ONPB/ONPB0214
https://www.nxtbook.com/naylor/ONPB/ONPB0114
https://www.nxtbook.com/naylor/ONPB/ONPB0213
https://www.nxtbook.com/nxtbooks/naylor/ONPB0113
https://www.nxtbook.com/nxtbooks/naylor/ONPB0212
https://www.nxtbook.com/nxtbooks/naylor/ONPB0112
https://www.nxtbook.com/nxtbooks/naylor/ONPB0211
https://www.nxtbook.com/nxtbooks/naylor/ONPB0111
https://www.nxtbook.com/nxtbooks/naylor/ONPB0210
https://www.nxtbook.com/nxtbooks/naylor/ONPB0110
https://www.nxtbookmedia.com