Stephen G. Roman CEO of Harte Gold Corporation (TSX: HRT) is being recognized during this year’s PDAC. Mr. Stephen Roman was awarded the honor of “Prospector of the Year” for 2016 and will receive the “Bill Dennis Award” from the Prospectors & Developers Association of Canada (PDAC). He has had a very successful career founding, exploring, developing and selling companies.
Other mines in the area are also seeing good production, which makes Roman enthusiastic about the potential for the Sugar Zone. He said, “We are in the middle of a couple of our neighbors. One is Westdome Mines and the other is Richmont Mines and there is, of course, the Barrick Hemlo. Richmont and Westdome are both mining similar types of shears as we are. Their market caps are significantly higher than ours because they are producing. We expect that our Company will be re-rated once we start producing and we show the market that the ore body has continuity and that the grades are there. We are very excited as we are close to getting cash flow starting. We expect to be shipping ore to Hemlo in April, with cash flow beginning in May. Once the mine gets into steady state production, we can start acquiring shares back. We’d like to finance exploration further with cash flow rather than dilution”