Harvest Gold’s Final 3D IP results Completes Pre-Drilling Exploration; Blackwater Gold Model Targeting Underway
Harvest Gold’s Final 3D IP results Completes Pre-Drilling Exploration; Blackwater
Gold Model Targeting Underway
Vancouver, British Columbia – October 21, 2021 - Harvest Gold Corporation (“Harvest”,
“Harvest Gold” or the “Company”) (TSXV: HVG) is pleased to announce that it has successfully
completed its 2021 pre-drilling exploration with the receipt of the final 3D IP inversions for its 100%
owned Au -Cu Emerson Property (the “ Emerson Property ”). The 56 km 2 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. It is 100% owned by Harvest Gold.
Henry Awmack, Emerson Property co-vendor and member of Harvest Gold’s Geoscience Advisory
Board, states: “ The survey has enlarged the favourable quartz -sericite-pyrite alteration zone
indicated by the RAB drilling and added the third dimension of depth, resulting in a very large
volume of rock with high chargeability and low resistivity. This is believed to represent highly
altered, sulphide-rich material which requires drill testing.”
Harvest Gold CEO, Rick Mark, states: “It has taken a full 10 months, but we have used each well-
planned exploration step to remove as much risk as possible ahead of the decision to drill. My
thanks go to Equity Exploration, an invaluable partner in this scientific enterprise, our outstanding
Technical Team for their diligence and guidance and to our ‘early adopting’ brokers and
shareholders who have made this possible.”
3D IP PROGRAM RESULTS
The 3D IP program , executed and interpreted by Dias Geophysics , was chosen because of its
impressive data collection capability and modeling. The resultant inversions show a strong,
cohesive chargeability high anomaly (>40 mV/V), which forms a tabular body measuring 1000
metres x 1800 metres in plan and 300 metres in thickness, dipping gently to the south. (See figure
1)
The chargeability anomaly strikes northwest southeast and remains open to the northwest past the
limits of the IP grid. The chargeability high anomaly is accompanied by extremely low resistivity
(<100 ohm-m). It shows that the strong quartz-sericite-pyrite alteration revealed by the top-of-
bedrock RAB drilli ng is the surface expression of this impressive chargeability anomaly. The
chargeability high and resistivity low are favourable indicators for the presence of highly altered,
sulphide-rich rock in this region. (See Figure 2).
Harvest Gold has now successfully completed the three stages of its pre drill exploration plan with
the completion of the airborne magnetic survey in January, 2021, the top-of-bedrock RAB drilling
in July/August, 2021 and the 3D IP survey in September , 2021. The Company has confirmed its
Blackwater near surface gold model hypothesis and the Emerson Property is now ready to drill.
HARVEST GOLD CORP.
Suite 400 – 1681 Chestnut Street
Vancouver, BC V6J 4M6
T: (604)737-2303
F: (604) 737-1140
W: www.harvestgoldcorp.com
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FIGURES
Figure 1: 3D chargeability inversion model looking northeast. Dashed line shows outline of quartz-sericite-
pyrite alteration as revealed in RAB holes.
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Figure 2: 3D IP chargeability inversion model (750 m elevation slice) showing location of RAB drill holes.
Qualified Person Statement
The disclosure of technical or scientific information in thi s press release has been reviewed and
approved by Warren Bates, P.Geo. Director of Property Investigations for Harvest
Gold. Mr. Bates serves as a Qualified Person under the definition of National Instrument 43-101.
About Harvest Gold Corporation
Harvest Gold is focused on the Interior Plateau of British Columbia exploring for near surface Gold
deposits and Copper Gold Porphyry deposits. Harvest Gold’s board of directors, management team
and technical advisors have collective geological and financing experience exceeding 400 years.
Harvest Gold acknowledges that the Emerson and Goathorn Projects are situated in the traditional
territory of the Wet’suet’en Nation while the Jacobite Project is situated in the traditional territory
of the Lake Babine Nation. Harvest Gold is committed to developing positive and mutually
beneficial relationships based on respect and transparency with local Indigenous communities.
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 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 news release includes certain statements that may be deemed "forward looking statements".
All statements in this news release, other than statements of historical facts, that address 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 alw ays, identified
by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or
"should" occur.
This news release may include technical information that was generated prior to the introduction
of National Instrument 43 -101. Details of the sampling methods, handling, and quality control
methods used in the generation of this historical technical data are unknown to Harvest Gold, and
the drill material, assay results, true width of intercepts herein cannot be and have not been verified
by the Company’s Qualified Person for the purposes of National Instrument 43-101.
A number of mineral resources or significant occurrences di sclosed herein relate to nearby
properties owned by other companies, and the data presented have been extracted from these
companies’ press releases and websites. A Qualified Person has been unable to verify this
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information from the adjacent properties, and such results are not necessarily indicative of potential
quantities or grades of mineralization on the Company’s properties.
Relating to exploration, the identification of exploration targets and any implied future
investigation of such targets on the basis of specific geological, geochemical and geophysical
evidence or trends are future-looking and subject to a variety of possible outcomes which may or
may not include the discovery, or extension, or termination of mineralization. Further, areas around
known mineralized intersections or surface showings may be marked by wording such as “open”,
“untested”, “possible extension” or “exploration potential” or by symbols such as “?”. Such
wording or symbols should not be construed as a certainty that mineralization continues or that the
character of mineralization (e.g. grade or thickness) will remain consistent from a known and
measured data point. The key risks related to exploration in general are that chances of identifying
economical reserves are extremely small.
Although the Company believes 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 the 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 ge neral economic, market or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual results or 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 undertakes no obligation
to update these forward -looking statements in the event that management's beliefs, estimates or
opinions, or other factors, should change.