Harte Gold Exercises Option to Own 100% of Sugar Zone Property

TORONTO, ONTARIO -- (Marketwire - May 23, 2012) - Harte Gold Corp. ("Harte") (TSX:HRT) (FRANKFURT:H4O) is pleased to announce that it has exercised its Option to acquire Corona Gold Corporation's ("Corona") 51% joint venture interest in the Sugar Zone Property (the "Property"). As such the joint venture is terminated and the Property is 100% owned by Harte Gold Corporation.

Stephen G. Roman, President and CEO of Harte commented "We are extremely pleased to have acquired Corona's remaining interest in the Sugar Zone Property. Our most recently updated NI 43-101 Report contains an Indicated Resource of 980,900 tonnes, grading 10.13 g/t for 319,280 ounces of contained gold (uncapped) and an Inferred Resource of 580,500 tonnes, grading 8.36 g/t Au for 155,960 ounces of contained gold (uncapped). We are currently working on permitting and technical studies related to advanced exploration and commercial production approvals and expect our Preliminary Economic Assessment to be completed in June. We are continuing to drill at the Sugar Zone Deposit and will be testing a strong VTEM nickel - copper anomaly as well as a recently discovered VTEM target associated with high grade gold surface samples as we continue to explore this expansive greenstone belt."


QA / QC Statement

Diamond drill holes were drilled with NQ sized core in order to obtain larger sample volumes of the mineralized zones. The core was sealed and delivered by the drilling contractor to Harte's facilities located in White River, Ontario. The mineralized sections of the cores were photographed for reference, logged and mineralized sections were sawn in half. Sample lengths were 0.5 meters. Half core samples were bagged, sealed and delivered to Activation Laboratories in Thunder Bay, Ontario, an accredited laboratory. The remaining core is stored on site for reference. Samples were assayed by the fire assay method using an atomic absorption finish on a 50 gram pulp split. A quality assurance and quality control program (QA/QC) was implemented by Harte and the laboratory to ensure the precision and reproducibility of the analytical method and results. The QA/QC program includes the insertion of standards, blanks and field duplicates in the sample batches sent to the laboratory and a systematic re-assaying of samples returning values above 3 g/t Au by the fire assay method using a gravimetric finish.

Exploration programs are conducted under the supervision of George A. Flach, P. Geo, Vice President Exploration, Harte Gold Corp. Mr. Flach is the Qualified Person (QP) as defined in National Instrument 43-101 and has reviewed the technical information contained herein.


About Harte Gold Corp.

Harte Gold Corp. is a Canadian gold exploration company with interests in the Sugar Zone and Stoughton-Abitibi properties located in Ontario, Canada. The Sugar Zone Property is located 60 kilometres east of the Hemlo Gold Camp and holds an NI 43-101 compliant Indicated Resource of 980,900 tonnes, grading 10.13 g/t for 319,280 ounces of contained gold (uncapped) and grading 8.72 g/t Au for 274,970 ounces of contained gold (capped) and an Inferred Resource of 580,500 tonnes, grading 8.36 g/t Au for 155,960 ounces of contained gold (uncapped) and grading 7.03 g/t Au for 131,280 ounces of contained gold (capped). Harte is the operator of the Sugar Zone Property and currently owns a 49% interest with the option to acquire the remaining 51%. Harte also holds the Stoughton-Abitibi property located on and adjacent to the Destor-Porcupine Fault Zone in close proximity to the 2.5 million ounce Holt-Holloway Gold Mine in the Timmins, Ontario Porcupine gold camp.


Common Shares Outstanding: 164,888,114

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



Contact

Harte Gold Corp.
Stephen G. Roman, President and CEO
416-368-0999
sgr@hartegold.com

Harte Gold Corp.
David Ellis, Investor Relations Consultant
416-704-0937
davidellis@hartegold.com
www.hartegold.com