Harvest GOLD Announces a 1.4 Km X 0.9 Km Open-Ended Quartz- Sericite-Pyrite Alteration Zone; Rab Drilling Program Complete
HARVEST GOLD ANNOUNCES A 1.4 KM x 0.9 KM OPEN-ENDED QUARTZ-
SERICITE-PYRITE ALTERATION ZONE; RAB DRILLING PROGRAM COMPLETE
Vancouver, British Columbia – August 12, 2021 – Harvest Gold Corporation (“Harvest”,
“Harvest Gold” or the “Company”) (TSXV: HVG) is pleased to provide an exploration update
on its 100% owned Au -Cu Emerson Property (the “Emerson Property ”) located in central B C
The 56 km 2 Emerson Property comprises 14 contiguous mineral claims located 15 km west of
Houston, BC with a nearby railroad, high voltage powerline and gas pipeline.
Rick Mark, Harvest Gold President and CEO, states: “We have just received the second update
on o ur Rotary Air Bast ( “RAB”) drilling program at our Emerson Property from Equity
Exploration Consultants Ltd. This second set of visual results has expanded our “zone of interest”
significantly. My compliments to our entire Technical Team.”
Mr. Henry Awmack, Emerson Property co -vendor and member of Harves t Gold’ s Geoscience
Advisory Board, states: “ I a m most excited by the intensity of alteration and the presence of
sulphide-bearing q uartz chips within the increased, now 1.4 km x 0.9 km, open-ended quartz -
sericite-pyrite alteration zone defined by the RAB drilling . These early RAB results have been
extremely helpful.”
Highlights:
• 17 of 17 planned RAB holes (273 m) completed, four days ahead of schedule.
• Average hole depth of 15.1 m with average overburden thickness of 9.2 m.
• All chip samples have been sent to ALS Geochemistry in Terrace, B C for assay. Sixty-
seven bedrock chip samples will be described in detail after examination under a binocular
microscope and analysis by short-wave infrared spectroscopy and portable XRF.
• Twelve of the se venteen hol es encountered quartz-sericite-pyrite (“QSP”) alteration in
bedrock under shallow glacial till cover.
• The strong QSP alteration obliterated the ori ginal rock texture. Field observation s suggest
the presence of alter ed feldspar porphyry (granodi orite), intermediate volcanic and
volcaniclastic rocks.
• RAB holes EMR21-001 to EMR21-007 define a NW-SE transect across the up to 1.4 km –
long QSP-altered feldspar porphyry that likely intr uded the pyrite bearing mud /sandstone
(Figures 1 and 2 and Table 1).
• All drill pads for Diamond Drilling and all access roads are completed. The drill pad
locations are designed to provide maximum flexibility to effectively transect the Emerson
target to the north and south.
• Ongoing brushing and clearing for the upcoming Induced Polarization (“IP”) geophysical
survey continues with 75% (15.75 km) brushed to date. The 3D IP survey is scheduled to
begin in mid-August.
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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• Potential target areas identified by the January 2021 airborne magnetic survey and the new
outcrops encountered in line brushing and road building will be subject to outcrop mapping
and sampling program over the next 10 days.
Table 1: Hole locations and descriptions for RAB drill holes.
Note: All assay results are pending.
Hole
Planned
Depth
(m)
Total
Depth
(m)
Overburden
Depth (m)
Number
of
Samples Description
EMR21-003 25 21.35 13.5 16
Strong QSP alteration overprinting a feldspar
porphyry
EMR21-004 25 10.7 3.3 5
Intense QSP alteration overprinting a possible feldspar
porphyry. A chip of quartz-pyrite-molybdenite ±
chalcopyrite vein was observed.
EMR21-005 25 27.43 22.2 17 Strong QSP alteration overprinting feldspar porphyry
EMR21-006 25 13.77 7.77 6 Strong QSP alteration overprinting feldspar porphyry
EMR21-007 25 10.67 3.3 5
Breccia-like pervasive sericite-pyrite ± quartz
alteration overprinting a mudstone
EMR21-008 25 10.63 4.2 6
Strong QSP alteration overprinting a possible fine-
grained intermediate volcanic rock
EMR21-009 25 9.15 2.55 6
Strong QSP alteration overprinting feldspar porphyry.
Possible stockwork zone based on the abundance of
quartz- pyrite vein fragments (>1%)
EMR21-010 25 9.08 2.4 5 Strong QSP alteration overprinting feldspar porphyry
EMR21-011 25 9.15 0.75 5
Strong QSP alteration overprinting a possible
intermediate volcaniclastic rock.
Figure 1: RAB Drill Hole Locations
Figure 2. Summary of current work program on the Emerson project.
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Figure 2: Quartz-Sericite-Pyrite Alteration Zone
Qualified Person Statement
The disclosure of technical or scientific information in this press release has been reviewed and
approved by W arren Bat es, P.Geo. Director of Property Investigations for Harvest
Gold. Mr. Bates serves as a Qualified Person under the definition of Nation al Instrument 43-101.
About Harvest Gold Corporation
Harvest Gold is focused on the Interior P lateau of Br itish Columbia exploring for nea r surface
Gold deposit s and Copper Gold Porphyry de posits. Harvest Gold’s board of directors,
management team and technical a dvisors have co llective geolog ical and fi nancing 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 B abine Nat ion. Harvest Gold is committed to dev eloping posi tive and mutua lly
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.
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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 even ts or
developments that Harvest Gold expects to occur, are forward lo oking statements. Forward
looking statements are statements that are not hist orical facts and are generally, but not always ,
identified by the words "expects", "plans", "anticipates", "be lieves", "intends", "estimates",
"projects", "potential" and similar expressions, or t hat event s or conditions "will", "would",
"may", "could" or "should" occur.
This news release may include technical information that was generated prior to the introduct ion
of National Ins trument 43 -101. Details of the sampling methods, h andling, and qual ity contr ol
methods used in the generation of this historica l technical data are unknown to Harvest Gold, and
the drill material, assay results, true width of intercepts herein cannot be an d 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 disclosed herein relate to nearby
properties owned by other companies, an d the data presente d have been extracted from these
companies’ press releases and webs ites. A Qualified Person has been unable to verify this
information fro m the adjacent properties, and suc h results are not necessarily indicative of
potential quantities or grades of mineralization on the Company’s properties.
Relating t o exploration, th e identif ication of exploration targets and any implied futu re
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 outcom es which may or
may not in clude the discovery, or extension, or termination o f mineralization. Further, areas
around known mineralized intersections or surface showings may be marked by w ording such as
“open”, “untested”, “possible extension” or “explorati on potential” or by symbol s such as “?”.
Such wording or symbols should not b e construed as a certainty that mineralization continues or
that the character of mineralization (e.g. grade o r thickness) will remain consistent from a known
and measured data po int. The key risk s 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 gu arantees 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 material ly from those in forward looking statements
include market prices, exploitat ion and exploration successes, and continued availa bility of
capital and financing, and general e conomic, market or business conditions. Investors are
cautioned that any such state ments are not guarantees of future performance and actual results or
developments may differ materially from those projected in the fo rward-looking statements.
Forward looking statements are based on the beliefs, estimates and opinions o f the Company’s
management on the date the statements are made. Excep t as required by securitie s laws, the
Company undertakes no obligation to upd ate these forward-looking statements in the ev ent that
management's beliefs, estimates or opinions, or other factors, should change.