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Harte Gold cuts guidance, shares tumble

Harte Gold cuts guidance, shares tumble Sugar Zone mine. Credit: Harte Gold. Harte Gold (TSE: HRT) has lowered its production guidance and hiked its cost estimates for 2021. The company, which operates the Sugar Zone mine in Ontario, lowered its guidance by 10,000 ounces to between 50,000 ounces and 55,000 ounces, at an all-in sustaining cost of $1,800/oz to $2,200/oz, compared with its previous target range of $1,400/oz to $1,550/oz. Sign Up for the Precious Metals Digest Sign Up The miner sa...
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Source: mining.com

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Harte to proceed with Sugar Zone expansion based on positive feasibility

Ontario-focused Harte Gold has announced plans to go ahead with an expansion of its Sugar Zone mine to 1,200 t/d, from the current 800 t/d throughput, based on strong feasibility study economics. The latest study suggests that an incremental $21 million in expansion capital could grow throughputs by 50% starting in the first quarter of 2023. As a result, annual gold production would average 98,700 oz. between 2023 and 2027. All-in sustaining costs are forecast to drop down to an average of US$...
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Harte Gold exceeds guidance, expects substantial production growth in 2021

Harte Gold exceeds guidance, expects substantial production growth in 2021 January 7, 2021 Commodities Last year, Ontario-focused miner Harte Gold produced 25,649 gold oz., exceeding its prior guidance for 20,000 to 24,000 oz. The emerging producer churned out a record 10,835 oz. in the fourth quarter, which is a quarterly record for the Sugar Zone mine in White River since reaching commercial production in January 2019. In 2021, Harte expects to grow its output to...
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Harte Gold Reports Production Results for Fourth Quarter and Full Year 2020 and Provides 2021 Guidance

Harte Gold Reports Production Results for Fourth Quarter and Full Year 2020 and Provides 2021 Guidance News provided by Share this article TORONTO, Jan. 7, 2021 /CNW/ -  HARTE GOLD CORP. (" Harte Gold" or the " Company") (TSX: HRT) (OTC: HRTFF) (Frankfurt: H4O) is pleased to report its production results for the fourth quarter (" Q4") and full year 2020 and provide production guidance for 2021. All dollar figures are in CAD, unless otherwise noted. 2020 Highlights: Processed Grade (g/t) (CNW G...
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