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Oct 06, 2021


Industry News

Tenuous times for Harte Gold


White River gold miner on shaky ground in scratching for development financing

The creditor for Harte Gold is providing additional time for the struggling White River gold miner to raise money and sort out its debt obligations.

BNP Paribas has agreed with Harte Gold to an extension of a forbearance agreement, from Sept. 30 to Oct. 15, to enable the Toronto-based mining company to continue with a strategic review process and possibly secure a deep-pocketed partner.

Harte Gold operates the Sugar Zone Mine, 25 kilometres north of White River.

Read the full article from Northern Ontario Business HERE