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Corporate PresentationFebruary 2018
TSX: HRT / Frankfurt: H4OOTC: HRTFF
G O L D C O R PHigh 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 bymanagement to be reliable. No representation or warranty, expressed or implied, is made as to the accuracy of theinformation 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 anticipatedfuture 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, whichmay or may not prove to be correct. All statements contained in the presentation that address operatingperformance, future direction, management and control of the company, events or developments that are expectedto occur in the future (including statements related to earnings, expectations, sales of assets, capital expenditures, orstatements expressing general optimism about future operating results) are forward looking statements. Actual resultscould differ materially from those reflected in the forward looking statements contained herein as a result of a varietyof factors, many of which are beyond the Company’s control.
TSX: HRT3
HIGH GRADE GOLD MINE DEVELOPMENT, PROLIFIC MINING REGION
TSX: HRT
The Sugar Zone project is one of the world’s highest grade gold deposits currently under construction
C$69M spent on mill, infrastructure and mine development in 2017
Mine development underway – ramp and level development to five levels is now complete
Process plant construction well underway
Resource tripled at the Sugar and Middle Zones – 714.2 Koz @ 8.5 g/t (Indicated) and 760.8 Koz @ 6.6 g/t (Inferred)
Expected to be producing at first quartile cash costs by 2018 year-end
TSX: HRT4
COMPANY SNAPSHOT
CORPORATE STRUCTURE INSTITUTIONAL SUPPORT
Analyst Following:
Major Shareholders1:
Headquartered:Toronto, Ontario, Canada
Market Cap:C$263 million (C$0.47 Jan 25th)
Cash Position1:C$35 million
19.9%
Shares Outstanding:566 million (Basic)621 million (Fully Diluted)
Symbol:HRT: TSXH4O: FRANKFURTHRTFF: OTC
Head Office(Toronto)
2.4%
0.9%
Notes;1) Source: Bloomberg, public company filings, as at January 1, 2018
0.6%
7.2%
TSX: HRT5
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 FlachIndependent Consultant;B.Sc. P.Geo.
30+ years
Discovered / developed gold projects in West Africa
20Moz Gold Fields Tarkwa, 4Moz Bogosuand 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, Operations;P.Eng.
30+ years
Senior management and operating experience
Experience with large operating mines including Glencore’s Nickel Rim South Mine
Chairman CEMI – Center for Excellence in Mining Innovation
TSX: HRT6
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 & Permitting
First Nations & Community consultation
Corporate finance
Regulatory compliance
Bob KusinsResource Geologist;P.Geo.
35+ years
Underground mine geologist, geological database management, modelling and resource estimation
Formerly Chief underground geologist at Barrick’s Hemlo Mine
TSX: HRT7
SUGAR ZONE SURROUNDED BY PRODUCING ASSETS GEOGRAPHIC LOCATION
ON A SIGNIFICANT GREENSTONE BELT, HISTORICALLY PROLIFIC GOLD MINING REGIONDISTRICT SCALE POTENTIAL
Company Asset Status Approx. Distance to Harte (Km)
Barrick Hemlo Operating 60
Alamos Island Gold Operating 80
Wesdome Eagle River Operating 80
Wesdome Mishi Operating 80
Goldcorp Borden Gold Exploration 100
Argonaut Magino Exploration 80Source: Cantor Fitzgerald
Magino(5.1 Moz)
TSX: HRT8
TOP QUARTILE GRADE
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QUARTILE 1 QUARTILE 2 QUARTILE 3 QUARTILE 4
Source: Analyst estimates, public company information, as at December 2018
TSX: HRT9
HARTE GOLD – INVESTMENT HIGHLIGHTS“THREE LEGS ON THE STOOL”
* Preliminary management mine plan estimate
Commercial Production in 2018
Underground workings developed to support Phase I Commercial Production
Target mill completion: H1 2018
Commercial Production of 540 tpd*: H2 2018
Mineralization defined to below 1,000 meters
Open to the North, South and down dip
Potential convergence of Sugar and Middle Zones at depth
Near Mine Resource Growth
District Scale Exploration Potential
Several targets on strike and West of Lake Dayohessarah to follow up on
EM anomalies discovered in 2017 –significant VMS potential
Defined 80,000 meter drill program planned for 2018
MIDDLE ZONE
WOLF ZONE
TSX: HRT10
RECAP – LAST 12 MONTHS
Raised $45 million in total investment from Appian Raised US$15 million investment from Orion Added three new significant institutional investors Analyst coverage from three investment banks
138,000 meters drilled, 8 drill rigs active 100,000 tonnes mined Property wide exploration – VTEM and HTEM Land position increased >100% to 80,000 Ha
Resource Development
Capital Markets
Construction Phase I Commercial Permit issued Mine development – underground workings
completed on five levels Started surface construction Recipient of NWOPA “Developer of the Year” Award
2017 WAS A VERY POSITIVE YEAR FOR THE DEVELOPMENT OF HARTE GOLD
0
1,500
3,000
4,500
$0.00
$0.30
$0.60
$0.90
Jan-17 Apr-17 Jul-17 Oct-17 Jan-18
Share Price Performance
HRT S
hare
Pric
e (C
$)
Shares Traded (000s)
Relative Share Price Performance (January 2018)
64%
20%
5%
-3%
Harte Gold
Development Peers
TSX
JDXJ
1
1) Selected TSX-listed high grade underground developers
TSX: HRT11
VALUE PROPOSITION
Resource Update, Q1 2018 Updated resource including both the Sugar and
Middle Zones
Updated mine plan and project economics
Harte Gold Today Resource (2012) – Upper Sugar Zone
Bulk Sample completed
Mill construction underway
0.53x P/NAV(Analyst)
Final Technical Report, Q2 2018 Updated PEA will include new
resource model and mine plan
Commercial ProductionH2 2018 Commissioning: Q3 2018
Initial production target: 540 tpd
Harte Gold 2018 Year End Emerging producer valuation:
0.8x to 1.0x P/NAV (peers)
Significant resource growth at Sugar and Middle Zones
Exploration upside potential from new zones / discoveries
SEVERAL NEAR-TERM VALUE CATALYSTS FOR INVESTORS TODAY
TSX: HRT12
COMMERCIAL PRODUCTION IN 2018
OPENED LONGHOLE STOPE
LOWER ZONE OREBODY 70,000 tonne bulk sample completed, de-risks move to
commercial production
30,000 tonnes of underground development also completed
Sugar Zone Mine is commercial production ready:
− Geology: Drilling in 2017 confirmed continuity, mineralized widths and modelled grades
− Mining: Long-hole mining, minimal dilution
− Processing: Simple metallurgy and high recoveries
− Costs: Mining costs confirmed, capital items contracted and / or paid
− Site: Underground and site infrastructure, 20km all weather access road
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
BULK SAMPLE HIGHLIGHTS
TSX: HRT13
BULK SAMPLE AND PHASE I PRODUCTION AREAS
Fresh Air Raise
NWSE
~ 1,000 Meters
Advanced Exploration Bulk Sample Phase I Commercial Production
150 Meters
TSX: HRT14
MILL DESIGN AND CONSTRUCTIONCRUSHER AND MILL DESIGN CIVIL EARTHWORKS COMPLETED
CONCRETE POURED MILL STRUCTURE ERECTED
TSX: HRT15
FUTURE SITE LAYOUT: SMALL FOOTPRINT (<35 Ha)
Scale: 500 m
Tailings Pond
ADMIN OFFICES & CORE SHED
MILL FOOTPRINT
Coarse Ore Crushing / Conveyance
MINING PORTAL
TSX: HRT16
NEAR-MINE AND PROPERTY-WIDE EXPLORATION
35 Km strike length to be explored
80,000 hectare land package
Near-mine targets Sugar, Middle and Wolf Zones
Several regional exploration targets identified
K7
TSX: HRT17
NEAR MINE MINERALIZATION2017 DRILL PROGRAM SIGNIFICANTLY EXPANDED KNOWN MINERALIZATION
TSX: HRT18
NEAR MINE EXPLORATION OPPORTUNITIESTARGET MINERALIZATION AT DEPTH, CONVERGENCE OF SUGAR AND MIDDLE ZONES
Sugar Zone0 m
500 m
1,000 m
1,500 m
North Extension
South Extension
Deep Exploration
2017 Resource Mineralization
Current InfrastructureInterpreted Gabbro Intrusion
2018 Near Mine Drilling
Gab
bro
Intru
sion
Sugar Zone mineralization open to the North, South and down dip
Potential convergence of Sugar and Middle Zones
Significant drill program planned for 2018 will test these areas
TSX: HRT19
PROPERTY WIDE EXPLORATIONSEVERAL ZONES SHOWING HIGH POTENTIAL FOR SIGNIFICANT MINERALIZATION
Lynx Zone► On strike, characteristics similar to Sugar and
Middle zones
Moose Zone► Host rock similar to Barrick’s Hemlo mine
K7 Zone► New zone discovered, anomalous gold
intersected 200 meters below surface
Eagle Zone► Property wide 2017 geophysics identified strong
electromagnetic anomaly with VMS potential
Marten Zone► IP anomaly featurs host rock similar to Barrick’s
Hemlo mine
Fisher Zone► Initial drill program intersected 40 meters of
anomalous gold on strike with the Sugar Zone
Scale0 5 10
Kilometers
TSX: HRT
TIMELINE
20
Commissioning & Commercial Production
Definition and Exploration Drill Programs
Permitting
Permitting Complete
H1 2018 H2 2018 2019
2019H1 2018 H2 2018
Final Technical Report
Construction
IBA
Updated Resource Estimate
TSX: HRT
G O L D C O R P