Provides Sugar Zone Project Update

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TORONTO, ONTARIO--(Marketwired - July 31, 2013) -
HARTE GOLD CORP. ("Harte Gold") (TSX:HRT)(FRANKFURT:H4O) has raised gross proceeds of $873,800 including $213,800 pursuant to the second closing today (initial closing July 17, 2013) of a non-brokered private placement of up to 6,250,000 Units priced at $0.08 and 15,000,000 Flow-Through Units priced at $0.10 for gross proceeds of up to $2 million. Additional closings will occur on or before August 23, 2013.
Harte Gold issued 1,985,000 Units at $0.08 per Unit. Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at $0.15 for a period of twenty-four (24) months from closing. Harte also issued 550,000 Flow-Through Units at $0.10 per Unit. Each Unit consists of one flow-through common share and one-half common share purchase warrant. Each full warrant is exercisable at $0.15 for a period of twenty-four (24) months from closing.
Finder's fees payable in connection with the private placement consist of a cash payment equal to 7% of cash raised and that number of common share purchase warrants equal to 7% of the number of Units and Flow-Through Units issued pursuant to certain orders in the private placement, for a total of $1,100 and 7,000 warrants. Each Finder's warrant is exercisable at $0.10 for a period of twenty-four (24) months from closing. Proceeds from the private placement will fund exploration and permitting and development work related to the advanced exploration project at Harte Gold's 100% owned Sugar Zone property and, general corporate purposes.

Project Update



Road Construction


Harte Gold is pleased to announce that construction has begun on the mine site access road. The road will connect the Sugar Zone Deposit to Highway 631, which in turn provides direct access to the Trans-Canada Highway. Construction of the road is a key milestone as it will significantly reduce travel time to and from the property, provide direct access to the Sugar Zone Deposit area and facilitate regional exploration programs across the property.


Exploration


Harte Gold is currently designing a drill program to follow up on a high grade area encountered in previous drill programs. This drill program is intended to determine the potential for Harte Gold to reduce pre-development under the current plan and accelerate project timelines.
Harte Gold is also conducting field exploration focused on the contact zone of volcanic and sedimentary units located west of the Sugar Zone deposit. A high grade boulder train has been traced along the contact zone and appears to be coincident with widespread Hemlo style mineralization.


Permitting


Final permitting issues continue to be resolved; outstanding Ministry of Environment permits are expected to be issued in August and the Ministry of Northern Development and Mines has issued a "Bulk Sample Permission and Disposition Permission Permit".
Stephen G. Roman, President and CEO stated, "We are excited that construction of the access road is finally underway and appreciate the strong local support for the project. We look forward to moving the Sugar Zone advanced exploration project forward."
Harte Gold also announced Director voting results from the annual meeting of shareholders held June 26, 2013. At the annual meeting, shareholders elected Stephen G. Roman, Richard Faucher, George A. Flach, Bernard Kraft and Derek C. Rance to the company's board of directors. The table below sets out the results of the vote.




Director


Votes For



Votes Withheld



Outcome




Stephen G. Roman
77,646,297 (96.34
%)
2,943,333 (3.66
%)
Carried



Richard Faucher
80,589,430 (99.99
%)
5,200 (0.001
%)
Carried



George A. Flach
80,589,630 (99.99
%)
5,000 (0.001
%)
Carried



Bernard Kraft
80,589,630 (99.99
%)
5,000 (0.001
%)
Carried



Derek C. Rance
80,589,630 (99.99
%)
5,000 (0.001
%)
Carried





About Harte Gold Corp.

Harte Gold Corp. is focused on the development of its 100% owned Sugar Zone property where it is permitting an advanced exploration program to test the Sugar Zone Deposit. The Sugar Zone property is located 60 kilometres east of the Hemlo Gold Camp and contains an NI 43-101 compliant Indicated Resource of 980,900 tonnes, grading 10.13 g/t for 319,280 ounces of contained gold (uncapped) and an Inferred Resource of 580,500 tonnes, grading 8.36 g/t Au for 155,960 ounces of contained gold (uncapped). Harte also holds the Stoughton-Abitibi property located on and adjacent to the Destor-Porcupine Fault Zone in the Timmins, Ontario Porcupine gold camp.
Common Shares Outstanding: 199,341,554

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.





FOR FURTHER INFORMATION PLEASE CONTACT:







Contact Information:
Harte Gold Corp.
Stephen G. Roman
President and CEO
416-368-0999
416-368-5146 (FAX)


Harte Gold Corp.
David Ellis
Investor Relations Consultant
416-704-0937