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Corporate Presentation
September 2017TSX: HRT / Frankfurt: H4O
OTC: HRTFF
G O L D C O R P
High Grade Gold Mine Development
and District Scale Exploration
TSX: HRT2
FORWARD LOOKING STATEMENTS
This presentation has been prepared by the Company and includes information from sources believed by
management to be reliable. No representation or warranty, expressed or implied, is made as to the accuracy of the
information set forth herein. The information contained herein is as of the date hereof and is subject to change,
completion or amendment without notice.
This presentation contains forward looking statements, estimates, and projections with respect to the anticipated
future performance of the company that may be deemed to be “forward-looking statements.” These statements,
estimates, and projections reflect various assumptions made by the company concerning anticipated results, which
may or may not prove to be correct. All statements contained in the presentation that address operating
performance, future direction, management and control of the company, events or developments that are expected
to occur in the future (including statements related to earnings, expectations, sales of assets, capital expenditures, or
statements expressing general optimism about future operating results) are forward looking statements. Actual results
could differ materially from those reflected in the forward looking statements contained herein as a result of a variety
of factors, many of which are beyond the Company’s control.
TSX: HRT3
COMPANY SNAPSHOT
CORPORATE STRUCTURE INSTITUTIONAL SUPPORT
Analyst Following:
Major Shareholder:
Headquartered:
Toronto, Ontario, Canada
Market Cap:
C$308 million (C$0.62 Sep 20th)
Cash Position:
C$35 million
(19%)
Shares Outstanding:
497 million (Basic)
553 million (Fully Diluted)
Symbol:
HRT:TSX
H4O:FRANKFURT
OTC: HRTFF
Head Office(Toronto)
52-Week Share Price:
Sh
are
Pric
e (
C$
) Vo
lum
e (M
illion
s)
0.0
1.5
3.0
4.5
$0.00
$0.30
$0.60
$0.90
Sep-16 Dec-16 Mar-17 Jun-17 Sep-17
TSX: HRT4
Stephen G. Roman Chairman, President & CEO;
BA
35+ years
Discovered Gold Eagle, sold to Goldcorp ($1.5B)
Verena Minerals / Belo Sun
– Volta Grande, Black Fox,
Gabriel Resources Limited
PDAC “Bill Dennis Award”
winner, Prospector of the
Year, 2016
George FlachVice President Exploration; B
Sc. P.Geo.
30+ years
Discovered / developed gold projects in West
Africa
20Moz Gold Fields
Tarkwa, 4Moz Bogosu
and 2Moz Benso mines in
Ghana
2Moz Goulagou mine in
Burkino Faso
Rein LehariChief Financial Officer;
CPA, CA
30+ years
Previously Partner, PricewaterhouseCoopers
Business valuation, M&A,
corporate finance
EXPERIENCED MANAGEMENT TEAM
Roger J. EmdinVice President, Projects;
P.Eng.
30+ years
Senior management and operating experience
Experience with large
operating mines including
Glencore’s Nickel Rim
Mine
Chairman CEMI – Center
for Excellence in Mining
Innovation
TSX: HRT5
EXPERIENCED MANAGEMENT TEAM (Cont’d)
Steve BallGeneral Manager, Sugar
Zone Mine; P.Eng.
30+ years
Technical, operations, human resources,
corporate affairs and
project management
Formerly Mine Manager
at Vale’s narrow vein
Coleman Mine and
Voisey’s Bay
Shawn HowarthVice President, Corporate
Development; MBA, B.Eng.
15+ years
Experience in corporate finance, corporate
strategy and valuations
Formerly an investment
banker with Standard
Chartered Bank
Tim CampbellVice President & Secretary;
BA Hons.
20+ years
Government relations, community consultation
First Nations, permitting
Corporate finance, go-
public transactions
Regulatory compliance
Bob KusinsResource Geologist;
P.Geo.
35+ years
Experience as an underground mine
geologist, geological
database management,
geological modelling and
resource estimation
Previously Chief
underground geologist at
Barrick’s Hemlo Mine
TSX: HRT6
SUGAR ZONE SURROUNDED BY PRODUCING ASSETS GEOGRAPHIC LOCATION
ON A SIGNIFICANT GREENSTONE BELT, HISTORICALLY PROLIFIC GOLD MINING REGION
Source: Cantor Fitzgerald* Alamos Gold announced a proposed acquisition of Richmont Mines (Sep 11th, 2017)
DISTRICT SCALE POTENTIAL
Company Asset StatusApprox. Distance
to Harte (Km)
Barrick Hemlo Operating 60
Richmont* Island Gold Operating 80
Wesdome Eagle River Operating 80
Wesdome Mishi Operating 80
Goldcorp Borden Gold Exploration 100
TSX: HRT7
COMPANY STRATEGY“THREE LEGS ON THE STOOL”
Mine Development and Commercial Production
Immediate Resource Expansion Through Near Mine Exploration
Regional Exploration on District Scale Land Package
Target Production: Q2 2018
Phase 1 Target Production*: 540 tpd
Construction Begins: July 2017
Strike Length: 3 Km
Resource Target: ~3 million oz
Update NI 43-101: Q1 2018
Property Size: 80,000 Ha
Exploration Budget: $15 million
Additional Near-mine Targets
1 2 3
MINING PORTAL SITE OVERVIEW NEAR-MINE TARGETS
MIDDLE ZONE
WOLF ZONE
* Preliminary management mine plan estimates
TSX: HRT8
TOP QUARTILE GRADE AMONG DEVELOPMENT-STAGE PROJECTS
VALUE PROPOSITION
0.00
2.00
4.00
6.00
8.00
10.00
12.00
Da
lra
dia
n
Pu
re G
old
Lio
n O
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Ha
rte
Go
ld
Co
ntin
en
tal
Lun
din
Go
ld
IDM
Ga
lwa
y
K92
Osi
sko
(W
ind
fall)
Ma
ritim
e
Go
lde
n R
eig
n
Go
we
st G
old
Ru
bic
on
Sa
bin
a
Sa
tori
Au
ryn
Ro
ckh
av
en
INV
Me
tals
Co
nd
or
Go
ld
Ea
stm
ain
Ca
libre
Min
ing
Alg
old
Go
ldq
ue
st
Pro
be
Ba
rke
rvill
e
Ma
rath
on
Tre
asu
ry
No
va
Go
ld
Sa
ram
a
Orc
a G
old
Re
d P
ine
Nig
hth
aw
k
Am
arilo
Ca
lifo
rnia
Mid
as
Atla
ntic
Fa
lco
First
Min
ing
Co
lum
bu
s
We
st A
fric
an
Gra
na
da
Go
ld
Au
rvis
ta
Me
ad
ow
Ba
y
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en
a R
eso
urc
es
Ga
brie
l
Be
lo S
un
Tim
be
rlin
e
Lup
aka
Pin
ec
rest
Sa
nd
sprin
g
Eu
rosu
n
Asc
ot
Lyd
ian
Fre
eg
old
Exe
ter
Ore
zon
e
Vic
toria
ITH
Ne
wC
ast
le
Go
ld S
tan
da
rd
Lum
ina
Alm
ad
en
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TriM
eta
ls
Ata
ca
ma
Ch
esa
pe
ake
We
st K
irkla
nd
Tera
s
Pilo
t
Co
rvu
s
Eu
rom
ax
Gra
de
(g/t
)
QUARTILE 1 QUARTILE 2 QUARTILE 3 QUARTILE 4
Source: Analyst estimates, public company information
TSX: HRT9
COMPARISON TO RICHMONT MINES
VALUE PROPOSITION
Harte Gold(Sugar Zone - Analyst Targets) (Island Gold)
Resource (M oz)0.6 (Sugar Zone)
Target: 2 to 31.8
Grade (g/t) +9.0 9.4
Throughput (tpd) 540 (Phase 1) 900
Production (000 oz) 50+ (2018) 90
AISC (US$/oz) $700 $725 - $765
Land Package (Ha) 80,000 7,900
Exploration TargetsNear-mine: Middle & Wolf
Property-wide: 5+Below 1,000 m
Market Cap (M C$) $308 $933 (Acquisition)
Analyst NAV (M C$) $566 $717
Implied P / NAV 0.6x 1.3x
Resource Comparison
Production Comparison
Exploration Potential
Valuation Comparison
On September 11th, Alamos Gold
(AGI) announced the acquisition of
Richmont Mines (RCI) for $933 million
based on previous close
Harte Gold’s Sugar Zone project
compares well to RCI’s Island Gold
Mine
Sugar Zone has the added benefit
of significant exploration potential
Compelling value opportunity for
new investors seeking the next near-
term producer within the region
TSX: HRT10
SUMMARY OF ACHIEVEMENTS IN 2016 / 2017
Strategic / financial partner: Appian Capital Advisory LLP
Raised over $50 million in total capital for development of the Sugar Zone project
Coverage initiated from three institutions
Capital
Markets
Commercial /
Corporate
Achievements
109 employees and contractors currently working at the Harte Gold site
Commercial production permits, supporting Phase 1 production
Recipient of the NWOPA “Developer of the Year” award
Resource
Development
$15 million, +85,000 meter drill program with 8 rigs currently active
70,000 tonne bulk sample program completed with Barrick’s Hemlo Mine
Property-wide airborne geophysical program completed
Expanded land position by over 100%, covering 80,000 hectares
THE LAST 12 MONTHS HAVE BEEN HIGHLY PRODUCTIVE
TSX: HRT11
RELATIVE PERFORMANCEHARTE GOLD HAS OUTPERFORMED INDICES AND PEERS
-50%
0%
50%
100%
150%
200%
250%
Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17
110%
7%Dev’t
Peers1
-5%TSX
41%GDXJ
Notes:1) Includes selected TSX-listed, high grade, development-stage gold companies with assets in the Americas
TSX: HRT12
GROWING INSTITUTIONAL FOLLOWINGCONSENSUS TARGET PRICE: ~50% PREMIUM TO CURRENT MARKET PRICE
INSTITUTION ANALYST QUOTE
Pierre
Vaillancourt
Mike
Kozak
RECOMMENDATION /
TARGET PRICE
Buy
C$1.00 / share
Buy
C$1.10 / share
Resource Potential
“In our view, HRT is “pricing in” a resource
estimate of ~2 MMoz, which we believe is a
very conservative “base case”. As all three
zones continue to expand… we believe the
share price will reach much higher levels”.
Project Economics
“Based on our expectations for the upcoming
technical report and mine plan, as well as our
long-term outlook for the Sugar Zone deposit,
the project has strong economics”.
INITIATED
COVERAGE
April
2017
August
2016
Michael
Gray
Outperform
C$0.90 / share
Exploration Upside
“We think key geological features related to
high grade indicate the potential for expansion
of existing deposits and point to the discovery
of multiple deposits”.
May
2017
ANALYST RESOURCE ESTIMATE
1 M oz
3 M oz
1.1 M oz (DCF)
5 M oz (Potential)
Consensus: C$1.00 / share 3 M oz
TSX: HRT
70,000 TONNE BULK SAMPLE COMPLETED, POSITIVE RESULTS DE-RISK MOVE TO
COMMERCIAL PRODUCTION
13
BULK SAMPLE HIGHLIGHTS
MINING - BULK SAMPLE COMPLETED
Mine Development > 2,500 m
Ore Shipped 67,454 DMT
Grade 8.5 g/t
Reconciliation with
Barrick+ 5%
Direct Mining cost C$85 / t
As at March 31, 2017
OPENED LONGHOLE STOPE
LOWER ZONE OREBODY
TSX: HRT14
COMMERCIAL PRODUCTION READY
BULK SAMPLE MINING RESULTS
Geology: Confirmed continuity, mineralized widths and modelled grades
Mining: Long-hole mining, minimal dilution
Processing: Simple metallurgy and high recoveries
Costs: Contractor mining costs confirmed
Site: Underground and site infrastructure, 20km all weather access road
PERMITTING AND FIRST NATIONS ENGAGEMENT
Phase 1 Commercial Permit Issued: January 2017
Strong working relationship between Harte Gold and proximal First Nations Band, IBA expect signing in H2 2017
TSX: HRT15
FUTURE SITE LAYOUT: SMALL FOOTPRINT!
Scale: 500 m
Tailings Pond
ADMIN OFFICES & CORE SHED
PROCESSING PLANT
Coarse Ore Crushing / Conveyance
MINING PORTAL
TSX: HRT16
BULK SAMPLE AND PHASE 1 PRODUCTION AREAS
Fresh Air Raise
95 Level
155 Level315 Level
NWSE
375 Level
Bulk Sample Phase I Production
TSX: HRT17
LONGITUDINAL SECTION VIEW
TSX: HRT18
EXPLORATION – ACHIEVEMENTSWELL DRILLED, OPEN ON STRIKE AND AT DEPTH
Sugar Zone
► Open along strike and down dip
► Higher grade than originally expected
Middle Zone
► 500 meters north of the Sugar Zone and beginning 200 meters below surface
► Expanded to 400 meters on strike and 800 meters down dip
► Recent drilling indicates wider and higher grade intersections at depth and potential convergence with Sugar Zone
Wolf Zone
► Mineralization defined to a depth of 150 meters, similar characteristics to the Sugar Zone
► Discovery hole 9.5 g/t Au over 7.5 meters, with high-grade core of 22.9 g/t Au over 3 meters
Deposit Hole Width Grade
Sugar Zone SZ-17-138 3.0 m 65.4 g/t
Sugar Zone SZ-17-143 3.2 m 66.8 g/t
Sugar Zone SZ-17-133 1.75 m 41.7 g/t
Sugar Zone SZ-17-134 1.80 m 33.6 g/t
Sugar Zone SZ-17-162
Sugar Zone SZ-17-165 2.24 m 35.5 g/t
Middle Zone WZ-16-45 3.80 m 17.6 g/t
Middle Zone WZ-16-49 1.93 m 38.6 g/t
Middle Zone WZ-16-52 3.45 m 38.5 g/t
Middle Zone WZ-16-69 4.02 m 8.3 g/t
Middle Zone WZ-16-75W
Middle ZoneWZ-16-
75W2
SAMPLE DRILL RESULTS (JUNE 2017)
2.05 m 115.5 g/t
7.56 m 8.0 g/t
9.57 m 6.5 g/t
TSX: HRT19
AIRBORNE MAGNETICS AND ZONESDISCOVERY OF FOUR NEW ZONES
Lynx Zone
► On strike, characteristics similar to current mineralized zones
► High grades recovered from grab sampling
► IP survey completed, drill program underway
Moose Zone
► Host rock similar to Barrick’s Hemlo Mine
Marten Zone
► Also similar to the Hemlo Mine mineralization
► Geophysics, soil sampling planned for the summer
Fisher Zone
► Initial drilling 40 meters of anomalous gold grades on
strike with the Sugar Zone
► Drilling has resumed to test down-dip extension
TSX: HRT20
EXPLORATION - REGIONAL UPSIDE DISTRICT SCALE POTENTIAL
Land package – 80,000 Ha (200,000 acres)
Regional staking covered continuations of greenstone belt
Airborne geophysical survey including MAG & VTEM completed
Eagle Zone: New target identified
► Major ‘gossan’ approximately 650 meters in length
► Significant pyrite/pyrrhotite as well as chalcopyrite (copper) and sphalerite (zinc)
Target follow-up includes ground IP survey, geochemical and field mapping, drilling
Martin Zone
TSX: HRT
TIMELINE – SIGNIFICANT NEAR-TERM CATALYSTS
Construction
Commissioning & Commercial Production
Definition and Exploration Drill Programs
Final Technical Report
Permitting & IBA
Permitting Complete
Updated Resource Estimate
2017 2018 2019
2017 2018 2019
21
G O L D C O R P