Drilling Update from the Cerro Cascaron GOLD and Silver Project IN Mexico
NEWS RELEASE
DRILLING UPDATE FROM THE CERRO CASCARON GOLD AND
SILVER PROJECT IN MEXICO
Vancouver British Columbia – October 23, 2018 – Harvest Gold Corporation (TSX.V: HVG)
(“Harvest Gold”) is pleased to provide an update on the initial drilling program at the Cerro Cascaron
gold and silver project in southwestern Chihuahua, Mexico. Harvest Gold and its Joint Venture partner and
operator, Evrim Resources Corp. (TSX.V: EVM) (“Evrim”), have planned up to 3,000 metres of diamond
drilling.
Cascarita Silver Target
The drilling is well underway and currently focused on completing three drill holes, totaling approximately
600 meters, at the Cascarita area, a high-grade silver-lead-zinc sheeted/vein breccia system (previously
announced October 4, 2018). Once all three holes are completed, core samples will be processed.
Sampling, Assaying and Quality Control
Core logging, splitting and sampling are being conducted onsite. The samples will be first sent to the ALS
Chemex preparation lab in Hermosillo, Mexico and then to the ALS Chemex lab in Vancouver, Canada for
assay. Insertion of rig duplicates, standards and blanks will be included in the sample stream for Quality
Assurance and Control.
Cascaron Vein Field Gold Targets Schedule
After completing the Cascarita silver target work, drill crews will move to the Cascaron Vein Gold Field,
an area of high-grade gold and silver veins defined by channel sampling and gold, silver, and pathfinder
soil geochemistry (previously announced October 4, 2018).
Four drill holes, from one set up, are planned to test the San Pedro vein, where high grade gold and silver
veins are defined by channel sampling, and by gold, silver, and pathfinder soil geochemistry approximately
800 metres to the north
Three drill holes are planned to test 900 metres of strike along the Serpiente Dorada and Julieta structures,
an area within a 1.8-kilometre-long gold-silver soil anomaly
And, one drill hole is planned beneath an area of high-grade gold-silver surface samples across the Carabina
vein.
About the Cerro Cascaron Project
The Cerro Cascaron property hosts a low to intermediate sulphidation epithermal gold bearing system and
includes a high -grade gold vein field measuring 18 square kilometers in area on the eastern third of the
property. Veining has been mapped over 900 vertical metres, with classic textural evidence of hydrothermal
HARVEST GOLD CORP.
Suite 804 – 750 West Pender Street
Vancouver, BC V6C 2T7
T: (604) 682-2928
F: (604) 685-6905
W: www.harvestgoldcorp.com
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boiling accompanying the highest gold grades. This boiling zone has been established in the upper 380
metres of the vein field. Beneath the boiling zones, silver and base metal rich veins and breccias provide
additional exploration targets.
Cerro Cascaron's setting and mineral ization are similar to many epithermal deposits in the Sierra Madre
Occidental, including Minera Frisco SAB's Ocampo Mine to the northwest, Coeur Mining Inc.’s Palmarejo
mine 115 kilometres northwest, and First Majestic Silver's San Martin de Bolanos silve r mine in Jalisco
State. The property is one of the few unexplored and undrilled opportunities in the region.
Harvest Gold has the right to earn a 70% interest in Cerro Cascaron by incurring $6 million in exploration
expenditures, making $900,000 in cash payments and issuing 2,000,000 shares over 4 years. It can earn an
another 10%, to total 80%, by spending up to $10 million in exploration expenditures, paying another
$200,000 and delivering a 43-101 compliant feasibility study within a nine-year period. If Evrim's interest
in Cerro Cascaron is diluted to 10% or less, its interest will convert into a 2% net smelter royalty ("NSR").
Qualified Person Statement
Harvest's disclosure of technical or scientific information in this press release has been reviewed and
approved by Warren Bates, P.Geo. Vice President, Technical Services for the Company. Mr. Bates serves
as a Qualified Person under the definition of National Instrument 43-101.
Readers are cautioned that rock chip, grab and channel samples are selected samples and are not necessarily
representative of the mineralization hosted on the property.
About Harvest Gold Corporation
Harvest Gold is a mineral exploration company presently advancing its Cerro Cascaron high grade
gold/silver project in Chihuahua State, Mexico, where an initial 3,000 metre drill program is planned for
2018. Harvest Gold’s Board of Directors and management team are experienced in successful exploration
and have collective geological and financing experience exceeding 200 years.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark,
President and CEO
For more information please contact:
Rick Mark or Jan Urata
@ 604.682.2928 or [email protected]
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.