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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Harte Gold Corp    HRT   CA4161901067

HARTE GOLD CORP (HRT)
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Harte Gold : Drilling Confirms High Grade Sugar Zone at Depth – 16.82 g/t over 1.66m Middle Zone Step-Out Retains Width – 6.80 g/t over 6.18m

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11/10/2017 | 03:44pm CEST

HARTE GOLD CORP. ('Harte Gold' or the 'Company') (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to provide an update on recent drilling completed on the Company's 100% owned Sugar Zone Project.

Highlights:

  • Step-out drilling at the Sugar Zone continues to expand mineralization to the southwest at depth, returning 82 g/t over 1.66meters in SZ-17-234 and confirms high grades continuing to the southwest.
  • Step-out drilling reconfirms continuity of grade and width characteristic of the deposit, including: 36 g/t over 2.00 meters at SZ-17-223W and 11.16 g/t over 2.05 meters at SZ-17-223W2.
  • Middle Zone drilling continues to expand the mineralized envelope and demonstrates attractive widths including a high grade core, returning 80 g/t over 6.18 meters including 36.90 g/t over 1.05 meters at WZ-17-92.
  • Follow up drilling at the Lynx Zone is underway.
  • Regional drilling is now testing new targets including: Marten Zone on the west side of the Dayohessarah Lake and Moose Zone on the south end of Dayohessarah Lake.

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Harte Gold Corp. published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 14:43:07 UTC.

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Financials (CAD)
Sales 2018 31,0 M
EBIT 2018 17,0 M
Net income 2018 -1,00 M
Debt 2018 75,3 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 41,00
EV / Sales 2018 10,1x
EV / Sales 2019 6,21x
Capitalization 238 M
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Technical analysis trends HARTE GOLD CORP
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 0,78  CAD
Spread / Average Target 89%
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Managers
NameTitle
Stephen G. Roman Chairman, President & Chief Executive Officer
Roger john Emdin Vice President-Operations
Rein Arnold Lehari Chief Financial Officer
Derek C. Rance Independent Director
Richard Regis Faucher Independent Director
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