Harte Gold Corp. announced production results for the fourth quarter and full year ended December 31, 2019. For the quarter, the company reported gold production of 8,017 ounces, the highest quarterly result to date and a 32% increase over third quarter.

For the year 2019, gold production was 27,316 ounces, above the revised guidance range of 24,000 to 26,000 ounces.

On January 9, 2020, the Company provided full year 2020 production guidance: The Company provides full year 2020 production guidance to be 42,000 to 48,000 gold ounces of production, an increase of 54% to 76% over 2019 production levels. The company announced that due to the above risks, there is no assurance at this time that guidance targets will be achieved.

The Company plans to complete a 26 km VLF-mag survey centered over the TT8 drilling in order to try to locate the parent structure that the TT8 vein system is emanating from. Further drilling is expected by the summer.

Due to the global outbreak of the coronavirus disease (“COVID-19”), an internal risk assessment and scenario planning was completed in the potential event of an outbreak at site. Currently, operations remain normal with no reported impact from COVID-19. The Company is treating the threat of a COVID-19 outbreak very seriously. A care-and-maintenance plan has been prepared and will be executed in the event of an outbreak at site. The Company has entered a cash preservation mode and all non-critical expenditures will be deferred for the foreseeable future. Mine development, critical to the overall growth of the Company, will continue. Due to the above risks, there is no assurance at this time that guidance targets will be achieved. The Company continues to monitor the situation very closely and will provide further disclosure as required.