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Emerson Drilling Update: Start Planned FOR Second Week of February 2022

Exploration Programs

EMERSON DRILLING UPDATE: START PLANNED FOR

SECOND WEEK OF FEBRUARY 2022

Vancouver, British Columbia / January 27, 2022 - Harvest Gold Corporation (TSX.V: HVG)

(“Harvest Gold” or the “ Company”) is pleased to announce an exploration update on its 100% ow ned

Au-Cu Emerson Property located in central B.C. The 56 km2 Emerson Property comprises 14 contiguous

mineral claims located 15 km west of Houston, B.C. with a nearby railroad, high voltage powerline and

gas pipeline.

Rick Mark, President and CEO of Ha rvest Gold states: “We are pleased to announce the details an d

planned start date for the first drill program at our 100% owned flagship property, Emerson. We plan to

drill up to 3 ,000 metres an d expect drilling to begin in the second week in Februar y. It should ta ke

approximately 6 weeks to complete.”

HARVET GOLD EMERSON DRILL PROGRAM:

Equity Exploration Consultants Ltd. (“Equity”), who is managing the Emerson program on beha lf of

Harvest Gold, has provided the logistics details status involved in this first drill program:

• Apex Diamond Drilling Ltd. of Smithers, B .C. will provide drilling s ervices to execute the

program.

• Equity has prepared and sourced to support the drill processing facility a nd contracted crew

accommodations at the project site . The equipment will arrive at the beginning of February and

snow clearing will occur by the end of the first week of February.

• Equity has completed a health, environment, and safet y risk analysis o f the program and ha s

implemented controls to project planning accordingly to ensure that there are measures in place to

manage any work-related risks.

Equity is in the process of finalizing local vendor contracts for project support i ncluding compan ies

affiliated with local Indigenous communities or have directly hired members of t he community to their

crew. Equity will send up its team to prepare the core processing facility for drill crews in the first week

of February. Drilling is planned to commence the second week of February.

About Harvest Gold Corporation

Harvest Gold is f ocused o n the Interior Plateau of British Columbia e xploring for near surface Gold

deposits and Copper Gold Porphyry deposits. Harv est Gold’s board of director s, management team and

technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold acknowledges that th e Emerson and Goathorn Projects are situated in the traditional

territory of the Wet’suet’en Nation while t he Jacobite Project is situated in the traditional territory of the

Lake B abine Nation. Harvest Gold is committed to developing positive and mutuall y beneficial

relationships based on respect and transparency with local Indigenous communities.

HARVEST GOLD CORPORATION

Suite 400 – 1681 Chestnut Street

Vancouver, BC V6CJ 4M6

T: (604) 737-2303

F: (604) 737-1140

E: [email protected]

W: www.harvestgoldcorp.com

2

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark

President and CEO

Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata

@ 604.737.2303 or [email protected]

Neither TSX Venture Excha nge nor its Regulation Services Provider (as that term i s defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

This news release i ncludes certain statements t hat may be deemed "forward looki ng s tatements". All stat ements in this news

release, o ther than s tatements of historical facts, that address events o r developments that Harvest Gold expects to occur, are

forward looking statemen ts. Forward looking statemen ts are statements that are not h istorical facts and are generally, but not

always, ide ntified by the words "expects", "plans", "anticipates", "believ es", "intends", "estimates", "projects", "potential" and

similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.

Although the C ompany b elieves the expectations expressed in such forward -looking statements are b ased on reasonable

assumptions, such statements are not guarantees of future pe rformance and actual results may differ materially from thos e in the

forward-looking statements. Factors tha t could cause the actual results to differ materially from those in f orward looking

statements include market prices, exploitation and exploration s uccesses, and continued availability of capital and financin g, and

general economic, market or business conditions. Investors are cautioned that any such statements are not guar antees of future

performance and actual results or developments may differ mate rially from those projected in the forward -looking statements.

Forward looking state ments are based on the b eliefs, estimates and opi nions of the Company’s management on the dat e the

statements are made. Except as required by securities laws, the Company u ndertakes no obligation to u pdate these forward -

looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.