www.har te gold.c om T SX: HRT | F RANKF URT : H4O | OT C: HRT F F G O L D C O R P Cor por ate Pr e se ntation, Se pte mbe r , 2018
F ORWARD L OOK I NG ST AT E ME NT S This presentation contains forward-looking information under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to completion of any financings; Harte Gold’s development potential and timetable of its operating, development and exploration assets; Harte Gold’s ability to raise additional funds necessary; the future price of gold; the estimation of mineral reserves and mineral resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production, development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental and permitting risks. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Harte Gold to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Harte Gold and in its public documents filed on SEDAR from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Harte Gold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Harte Gold does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Harte Gold’s annual and interim MD&As. All figur e s in CAD, unle ss o the r wise no te d F igur e s in USD we r e c o nve r te d at CAD/ USD 0.8000 All to nnage s in me tr ic , unle ss o the r wise no te d TSX: HRT 2
COMPANY SNAPSHOT CORPORAT E ST RUCT URE INST IT UT IONAL SUPPORT He adquar te r e d: Analyst F ollowing: T o ro nto , Onta rio , Ca na da Symbol: T SX: HRT F RANK F URT : H4O OT CBB: HRT F F s 1 : Major Shar e holde r 19.9% Mar ke t Cap: 7.2% C$260 millio n (C$0.45 Aug 30 th ) 2.1% 0.9% Shar e s Outstanding: 581 millio n (Ba sic ) De bt F inanc ing F or Up T o US$70 Million: 643 millio n (F ully Dilute d) US$50 million He a d Offic e US$20 million (T or onto) TSX: HRT 3
PROJE CT L OCAT I ON 83,850 HE CT ARE S (>200,000 ACRE S) CL AIME D ON A MAJOR GRE E NST ONE BE L T IN AN E ST ABL ISHE D MINING RE GION TSX: HRT 4
K E Y MI L E ST ONE S T HE NE XT 12 MONT HS ARE CAT AL YST RICH F OR HART E GOL D Re so urc e upda te : triple d re so urc e Co mpre he nsive de b t fina nc ing pa c ka g e , up to US$70 M PE A: $425 M pre -ta x NPV 5% , 60% pre -ta x I RR 1 I BA sig ne d with Pic Mo b e rt F irst Na tio n (PMF N) F ina l pe rmitting : Se pte mb e r 2018 Co mme rc ia l Pro duc tio n: Q4 2018 Re so urc e Upda te : Q1 2019 Upda te d mine pla n, fina l te c hnic a l re po rt: Q1 2019 1) 5% disc o unt ra te a t g o ld pric e US$1,350/ o z a nd CAD:USD 0.8000 TSX: HRT 5
PE RF ORMANCE I N T HE JUNI OR GOL D SE CT OR T HE MARKE T SHOUL D RE SPOND POSIT IVE L Y T O HART E GOL D DE L IVE R ABL E S OVE R T HE NE XT SIX MONT HS SHARE PRICE PE RF ORMANCE OF PE E RS SINCE JANUARY 2017 Atlantic Gold 102% Wesdome Gold 62% Harte Gold 48% POSIT IVE MARKE T T HE ME S Pure Gold 10% Pretium 7% Suc c e ssful star t- up, “painle ss” tr ansition Midas Gold 3% to pr oduc e r status Argonaut Gold (2% ) Gr ow ne ar mine r e sour c e s thr ough Lundin Gold (11% ) suc c e ssful e xplor ation Osisko Mining (12% ) De monstr Marathon Gold (15% ) ate the distr ic t sc ale pote ntial of the ove r all land pac kage Premier Gold (15% ) Victoria (38% ) Equinox Gold (38% ) TMAC Resources (68% ) TSX: HRT 6
SUGAR ZONE : T HE NE XT ONT ARI O GOL D MI NE HART E GOL D IS JOINING A VE RY SMAL L L IST OF GOL D PRODUCE RS IN ONT ARIO, AN ARE A KNOWN F OR PROL IF IC GOL D MINE PRODUCT ION Ove r the last 8 ye ar s, o nly a small fr ac tio n o f go ld pr o je c ts in Ontar io we r e suc c e ssfully advanc e d to c o mme r c ial pr o duc tio n. T he Sugar Zo ne Mine will be the ne xt pr o duc ing go ld mine in the r e gio n. 2010 2012 2014 2016 2018 Change s to Sugar Zone Mine Ontar io Mining Ac t in 2013 Rainy Rive r Mine / T aylor Mine / Be ll Cr e e k Mine / T immins We st Mine / Young- Davidson Mine / So urc e : OMA, pub lic c o mpa ny info rma tio n TSX: HRT 7
HI GH GRADE RE SOURCE SUGAR ZONE IS ONE OF T HE HIGHGE ST GRADE , HIGHE ST RE T URN DE POSIT S IN DE VE L OPME NT SUGAR ZONE RE SOURCE E ST IMAT E 16.0 Gra de Conta ine d 1000 Ca te g ory T onne s (g / t) Au (oz) Sugar Zone Pr oje c t (as at time of PE A, May 2018): Indic a te d 2,607,000 8.5 714,200 ade (g/ t Au) ndic ate d Re so urc e , 94 th pe rc e ntile 8.5 g /t I Infe rre d 3,590,000 6.6 760,800 RR, 75 th pe rc e ntile 42% Pro je c t I 12.0 100 Pr c e Gr oje c t IRR (% ) 75 th Pe r c e ntile e d + Indic ate d Re sour 25 th Pe r c e ntile 8.0 10 Me asur 4.0 1 0.0 0.1 Compar ison of Pr oje c ts Unde r De ve lopme nt Wor ldwide TSX: HRT No te : Da ta se t inc lude s wo rldwide F S, PF S a nd PE A sta g e pro je c ts 8 So urc e : SNL , pub lic c o mpa ny info rma tio n
L E ADI NG GROWT H PROF I L E HART E GOL D PROVIDE S SHARE HOL DE R S L E ADING E XPOSURE T O RE SOURCE AND PRODUCT ION GROWT H RE SOURCE AND PRODUCT ION GROWT H OF SE L E CT E D PRODUCE RS* Bub b le size illustrate s o unc e s de line ate d fo r e xplo ratio n do llars spe nt** ` 350% Gold pr oduc tion inc r e asing to >100,000 oz/ yr by 2021 (PE A) 300% owth (2016 – 2018) 250% Re sour c e s tr iple d afte r 2017 dr illing (138,000 m at Sugar / Middle Zone s) 200% Supe r io r r e so ur c e and pr o duc tio n gr o wth 150% 130,000 m dr illing c ur r e ntly unde r way at Sugar , Middle , Wolf an F ox zone s 100% c e Gr 50% Re sour Re sour c e update tar ge te d for e ar ly 2019 0% (50% ) Only ~10% of the ove r all land pac kage has be e n e xplor e d! (100% ) (50% ) 0% 50% 100% 150% 200% 250% Pr oduc tion Gr owth (2019E – 2021E ) * Se le c te d sing le a sse t pro duc e rs a nd < 200 Ko z pro duc e rs ** Ave ra g e re so urc e inc re a se divide d b y e xplo ra tio n b udg e t fo r tha t pe rio d TSX: HRT So urc e : Ana lyst e stima te s, pub lic c o mpa ny info rma tio n 9
ST RONG OPE RAT I NG MARGI NS HART E GOL D IS PROT E CT E D T O GOL D PRICE VOL AT IL IT Y ST ABL E E QUIT Y MARGINS AT CURRE NT GOL D PRICE S Figures in CAD, based on PEA Estimates L ow c ost ope r ation, simple me tallur gy Gold price: 1,600 C$1,600/oz T abular or e body, ste e ply dipping – ame nable to longhole stoping Operating Margin: C$705/oz 1,200 Widths and mode lle d gr ade s c onfir me d thr ough Bulk Sample and Phase I Pr oduc tion AISC: C$895/oz 800 Sustaining Cost: Ne ar sur fac e – r amp ac c e ss, minimal + C$261/oz distanc e to mill 400 Ope r ating c osts in CAD dollar s Operating Cost: C$634/oz Se ve r al oppor tunitie s unde r r e vie w to lowe r c osts fur the r ! 0 Ca sh Ope ra ting Cost TSX: HRT 10
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