Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Gold Hart Copper Corp. ( (TSE:HART) ) has provided an update.
Gold Hart Copper Corp. has completed a second deep diamond drill hole to 603 meters at its Tolita gold-copper-silver-molybdenum porphyry target in Chile, bringing the current campaign to 1,216 meters of drilling. Core from the latest hole is being logged and sent for laboratory assaying, with results expected to be released over the next six to eight weeks, a key step in evaluating what the company views as a major untested porphyry system.
The company plans to return in September with a larger drill rig to complete at least another 5,000 meters of drilling at Tolita, funding for which is already in place. In parallel, Gold Hart intends to issue 4.89 million stock options at $0.20 and settle $159,370 of accounts payable in shares at the same price, moves that both incentivize key personnel and strengthen its balance sheet as it pursues an expanded exploration campaign.
More about Gold Hart Copper Corp.
Gold Hart Copper Corp. is a Toronto-listed exploration company focused on gold, copper, silver and molybdenum assets in Chile, positioned where the Maricunga Gold Belt meets the emerging Vicuña Copper Belt. The company controls a large, royalty-free land package surrounding major miners and is led by a veteran geological team involved in landmark discoveries such as Escondida and Cerro Casale, aiming to advance historically significant, underexplored porphyry targets.
Average Trading Volume: 303,666
Technical Sentiment Signal: Strong Buy
Learn more about HART stock on TipRanks’ Stock Analysis page.