G O L D C O R P High Grade Gold Mine Development and District - - PowerPoint PPT Presentation

Annual Meeting June 27, 2017

TSX: HRT / Frankfurt: H4O OTC: HRTFF

G O L D C O R P

High Grade Gold Mine Development and District Scale Exploration

TSX: HRT

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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

• f factors, many of which are beyond the Company’s control.

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COMPANY SNAPSHOT

CORPORATE STRUCTURE INSTITUTIONAL SUPPORT Analyst Following: Major Shareholder: Headquartered: Toronto, Ontario, Canada Market Cap: C$308 million (C$0.68 Jun 26th) Cash Position: C$25 million (17%) Shares Outstanding: 454 million (Basic) 514 million (Fully Diluted) Symbol: HRT:TSX H4O:FRANKFURT OTC: HRTFF

Head Office (Toronto)

52-Week Share Price: Share Price (C$) Volume (Millions)

0.0 1.5 3.0 4.5 $0.00 $0.30 $0.60 $0.90 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17

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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 Flach

Vice 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 Lehari

Chief Financial Officer; CPA, CA 30+ years

• Previously Partner,

PricewaterhouseCo

• pers
• Business valuation,

M&A, corporate finance

EXPERIENCED MANAGEMENT TEAM

Roger J. Emdin

Vice President, Projects; P.Eng. 30+ years

• Senior management

and operating experience

• Experience with large
• perating mines

including Glencore’s Nickel Rim Mine

• Chairman CEMI –

Center for Excellence in Mining Innovation

Tim Campbell

Vice President & Secretary; BA Hons. 20+ years

• Government

relations, community consultation

• Corporate finance,

go-public transactions

• Regulatory

compliance

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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: Q4 2017 Property Size: 80,000 Ha Exploration Budget: $15 million Additional Near-mine Targets

1 2 3

MINING PORTAL ON-SITE INFRASTRUCTURE SITE OVERVIEW

MIDDLE ZONE WOLF ZONE

* Preliminary management mine plan estimates

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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, 75,000 meter drill program with 6 rigs active  70,000 tonne bulk sample program completed with Barrick’s Hemlo Mine  Property-wide airborne geophysical program initiated  Expanded land position by over 100%, covering 80,000 hectares

THE LAST 12 MONTHS HAVE BEEN HIGHLY PRODUCTIVE

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RELATIVE PERFORMANCE

HARTE GOLD HAS OUTPERFORMED INDICES AND PEERS

• 50%

0% 50% 100% 150% 200% 250% Jun-16 Sep-16 Dec-16 Mar-17 Jun-17

221% 38%

Dev’t Peers1

8%

TSX

• 14%

GDXJ

Notes: 1) Includes selected gold development peers; includes Osisko Mining, Sabina Gold and Silver, Dalradian Resources, Victoria Gold, Auryn, Pure Gold, Treasury Metals, Eastmain Resources

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GROWING INSTITUTIONAL FOLLOWING

CONSENSUS 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

• f existing deposits and point to the discovery
• f 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 0.88x 0.67x 0.56x

Mid-Tier Producers Developers Harte

9 STRONG POTENTIAL FOR RE-RATING AS HARTE ADVANCES TOWARDS PRODUCTION

VALUE PROPOSITION

RELATIVE POSITIONING

Notes: 1) Available analyst NAV estimates 2) Includes Osisko Mining, Sabina Gold and Silver, Dalradian Resources, Victoria Gold, Auryn, Pure Gold, Treasury Metals, Eastmain Resources 3) Peer group includes 50 - 150 Kopa producers; TMAC Resources, Richmont Mines, Alacer Gold, Premier Gold Mines, Wesdome, Roxgold, Argonaut Gold, Mandalay Resources, Alio Gold, Primero Mining

P / NAV1

2

$0 $400 $800 $1,200 $1,600

0.25x 0.50x 0.75x 1.00x 1.25x Market Capitalization

(Today)

Source: Analyst estimates, public company information, Harte Gold management estimates Bubble size denotes relative resource size

$0 +$1.3 B

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(@ Analyst Consensus NAV: $566 M)

Valuation (P / NAV) (@ Target Valuation)

?

TSX: HRT

70,000 TONNE BULK SAMPLE COMPLETED, POSITIVE RESULTS DE-RISK MOVE TO COMMERCIAL PRODUCTION 10

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

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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, exploration agreement in place since 2011, IBA expect signing in H2 2017

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PROCESS PLANT DESIGN

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SUGAR, MIDDLE AND WOLF ZONES

RESTIVITY PLAN VIEW: ANNUAL GENERAL MEETING 2016

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LONGITUDINAL SECTION VIEW

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EXPLORATION – ACHIEVEMENTS

WELL 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 Zone WZ-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

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SUGAR ZONE SOUTHERN EXTENSION

MAGNETOMETER SURVEY

Portal Grabs 12.8 and 8.7 gpt Au Grabs 595.3, 54.2 and 6.6 gpt Au Grabs 38.1, 24.0 and 16.8 gpt Au Grabs 114.7 and 29.3 gpt Au Grab 74.2 gpt Au

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AIRBORNE MAGNETICS AND ZONES

DISCOVERY OF FOUR NEW ZONES

• Lynx Zone

► On strike, characteristics similar to current mineralized

zones

► High grades recovered from grab sampling ► IP survey currently underway, drill program to follow

• Moose Zone

► Host rock similar to Barrick’s Hemlo Mine

• Marten Zone

► Also similar to the Hemlo Mine rock mineralization ► Geophysics, soil sampling planned for the summer

• Fisher Zone

► Initial drilling10 meters of anomalous gold grades in a

mineralized system similar to the Sugar Zone

► Located 800 meters north of the Wolf Zone and on

strike

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EXPLORATION - REGIONAL UPSIDE

DISTRICT SCALE POTENTIAL

• Land package – 80,000 Ha

(200,000 acres)

• Regional staking to cover

continuations of Greenstone belt

• Airborne Geophysical survey

including MAG & VTEM

• Pending completion of the

Airborne survey:

► Ground IP survey ► Geochemical and field mapping ► Drill test new targets

• Compilation of historical data

identifies numerous target areas

Sugar Zone Middle Zone Wolf Zone

Harte Gold Property Claims

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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

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G O L D C O R P