PRECIOUS METALS

New Harte placement raises $20m

Toronto and Frankfurt listed Harte Gold Corp (TSX: HRT/FR: H40) has secured C$20 million of bought-deal placement funding for advancing the Sugar Zone gold project in Ontario, Canada. The private placement is at the C62c-a-share low-point of Harte Gold trading over the past month, with a 74c high reached two weeks ago.

Sugar Zone mine camp in Ontario

Sugar Zone mine camp in Ontario

Sugar Zone, east of the Hemlo gold camp, has an NI 43-101 indicated resource of 1.1 million tonnes at 8.41g/t for 302,000oz, and inferred 417,000t of 7.13g/t for 95,000oz. Harte has contractors working...

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