Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (“Harvest Gold” or the “Company”), is pleased to announce the latest update on its drilling program at Mosseau, its flagship in the Urban Barry Belt in the Abitibi region of Quebec
Rick Mark, president and CEO of Harvest Gold, said, “I am pleased to report that roads are being built through Mosseau’s more forested, much less explored central area. Core drilling is underway and drilling is expected to begin tomorrow. These targets are important to Mosseau’s unfolding story as they are located in a large area on the east side of the Kiask River Mineralized Corridor that has not yet been drilled.”
DIAMOND DRILLING TO RESUME
The central area of Mosseau has been significantly less explored in the past, so there is little existing infrastructure such as access roads in this more heavily forested area. ATI (Authorization for Impact-Causing Exploration) permits, which were unexpectedly delayed by almost ten days, were issued late last week.
The company is currently digging and preparing new drilling access roads and now has drilling rigs ready for use at the first three drilling locations. The company’s contract drilling company, Forage Rouillier, has now mobilized a flatbed truck to transport the drill to the first target in this new Mosseau target area (Figure 1).
Approximately 2,800 meters of our 5,000 meter drill program is targeted for the central Mosseau area.
TESTS
The program’s test results for the northern region have taken longer than expected. Because testing labs are extremely busy as Quebec’s summer field season comes to an end and samples from prospecting, soil and drilling programs arrive at the same time. The company expects the first batches of holes in the northern area to be released soon.
EXPLORATION PROGRAM AUTUMN 2025
IOS Geosciences has completed the prospecting and mapping components of the fall field exploration program for the southern portion of Mosseau and the Labelle properties. The soil sampling component is now in full swing, with four field crews on site, and is expected to be completed this week (Figure 2).
About Harvest Gold Corporation
Harvest Gold focuses on exploring surface gold deposits in politically stable mining jurisdictions.
Harvest Gold has three active gold projects targeting the Urban Barry area of the Quebec Abitibi, in total 377 claims for 20,016.87 ha located approximately 45-70 km west of Gold Fields Limited’s – Windfall Deposit (Figure 3).
Harvest Gold recognizes that the Mosseau Gold Project is on the borderline the Eeyou Istchee-James Bay and Abitibi areas. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.
Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover more than 50 km of favorable strike along mineralized shear zones.
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Figure 1: Drill holes completed (red) and planned (blue) – Northern and central target area
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Figure 2: Planned soil sampling for magnetism along the SE extension of the Mosseau and Labelle properties
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Figure 3: Project location: Urban-Barry Greenstone Belt
Sampling, QAQC and laboratory analysis summary
All core logging and sampling conducted by Harvest Gold as part of the diamond drilling program is subject to a strict quality control and quality assurance (QAQC) standard, including the insertion of certified reference materials (standards), blank materials and field duplicate analysis. Sawn NQ diameter semi-core samples from the Mosseau drilling program were safely transported to AGAT Laboratories Ltd by company geologists. (AGAT), with sample preparation in Val-d’Or, Québec and analysis in Thunder Bay, Ontario, where samples were collected. processed for gold analysis through a 50 gram burn test with an atomic absorption finish. Samples from selected holes were safely sent to AGAT in Calgary, Alberta for multi-element analysis (including silver) by inductively coupled plasma (ICP) with a four-acid digestion. AGAT sample preparation and laboratory analysis procedures meet the requirements of ISO/IEC Standard 17025 guidelines and meet the requirements of NI 43-101 and CIM best practice guidelines. AGAT is independent of LaFleur Minerals.
Declaration of qualified person
All scientific and technical information contained in this press release has been prepared and approved by Louis Martin, P.Geo., technical advisor to the company and is considered a qualified person for purposes of NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
Chairman and CEO
Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata
@604.737.2303 or info@harvestgoldcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
This press release contains certain statements that may be deemed “forward-looking statements.” All statements in this press release, other than statements of historical fact, that relate to events or developments that Harvest Gold expects to occur are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “could”, “could”, “would” or “should” occur.
Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that such statements are not guarantees of future performance and actual results Developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the company’s management on the date the statements are made. Except as required by securities laws, the Company assumes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
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