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  • January 19, 2022
  • Industry News
Second bidder emerges to buy White River-area gold mine

Harte Gold takes sale process to auction stage, will name successful bidder this week

A second bidder has surfaced in competition with Australia’s Silver Lake Resources to buy insolvent Harte Gold and its Sugar Zone underground mine, north of White River.

A Jan. 17 news release from the Toronto-based mine operator did not disclose the identity of the potential acquirer, but it’s substantial enough to proceed to an auction stage of the creditor protection process that Harte entered into on Dec.7.

As part of the sale process which started just before Christmas, a bid deadline to receive qualified bids was set at the end of the business day on Jan. 14.

Read the full article from Sudbury Mining Solutions HERE

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