Harvest Gold announces a 4.7km Geophysical Trend and Four New Gold targets at its 100% Owned Emerson Property
Harvest Gold announces a 4.7km Geophysical Trend and Four New Gold targets at its
100% Owned Emerson Property
Vancouver, British Columbia / March 25, 2021 - Harvest Gold Cor poration (TSX.V: HVG)
(“Harvest Gold” or the “Company”) provides an exploration update on its 100% owned 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.
Mr. Rick Mark, President and CEO of Harvest Gold states: “We believe that Emerson hosts a large
hydrothermal system and evidence permissive for two significant deposit types: (1) a Blackwater-
style gold-silver deposit; and (2) a large copper±gold±molybden um porphyry. Today, we are
reporting on the completed interpretation of Harvest’s recent a irborne magnetic survey over
Emerson. This release is specific to the gold potential at Emer son. It provides more detail on the
Emersion showing, identifies a 4.7km trend and four new signifi cant targets. We are also very
pleased to note the success and progress of Sun Summit Minerals Inc. which announced more
significant exploration results t his week from their Buck proje ct less than 20km from Emerson,
highlighting the gold mineralization potential of this area.
Henry Awmack, Property co-vendor and member of Harvest Gold’s G eoscience Advisory Board
states: “Harvest has just received Fathom Geophysics’ final rep ort on their processing and
interpretation of the Emerson airborne magnetic survey. Fathom’s radial symmetry analysis clearly
shows a relationship between a b road magnetite-destructive anomaly and an area where previous
work by Amax and Lornex has shown the presence of a strong hydr othermal system comprising
sericite-pyrite alteration with quartz veining and anomalous gold. This sericite-pyrite alteration is
shown in Figure 1 and compares to the magnetite-destructive ano maly labelled “Demagnetized
Intrusion” in Figure 2.
Awmack continues “This magnetite-destructive target, the “Emers on Target”, as shown in Figure
2 is pronounced at all depths of interpretation and nearly doub les the area considered prospective
for Blackwater-type mineralization in historical work. Targets A and B shown in Figure 2 are also
magnetite-destructive areas similar to the Emerson Target in ge ophysical characteristics and size.
Targets A and B are situated along a geophysical trend which ex tends 4.7 km to the northwest of
the Emerson Target, suggesting the possibility of other areas o f alteration prospective for
Blackwater-type mineralization (F igure 2). The radial symmetry analysis has also identified two
additional magnetite-destructive areas within the Emerson property identified as targets (Targets C
and D) which will require further investigation (Figure 2).”
Equity Exploration, Inc, has planned a percussion drilling program consisting of 38 tightly spaced
holes up to 200m apart covering 1.3 km by 1.3 km inside the Emerson Target area to further define
the gold mineralization potential at Emerson by testing the top of the bedrock geology below till
cover. Harvest Gold awaits receipt of a drilling permit to execute this two-to-three-week program.
HARVEST GOLD CORP.
Suite 400 – 1681 Chestnut Street
Vancouver, BC V6CJ 4M6
T: (604) 737-2303
F: (604) 737-1140
W: www.harvestgoldcorp.com
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Qualified Person Statement
The disclosure of technical or scientific information in this p ress 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.
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Figure 1: Regional geology of Emerson project showing the location of sericite and pyrite alteration around the Emerson
prospect and related showings. Th e location of historical drill ing and trenching is shown as well. The project area is
approximately 25 km by road to the town of Houston, BC.
Figure 2: Radial symmetry analysis of airborne magnetic survey over Eme rson shows a broad concave (magnetite-
destructive) radial symmetry a nomaly (blue diagonal lines) whic h covers the area of subcrop and trenching where
previous work has shown the presence of a strong hydrothermal system comprising sericite-pyrite alteration, quartz veins
and anomalous gold. This concave radial symmetry anomaly is pr onounced at all depths of interpretation and nearly
doubles the area considered prospective for Blackwater-type mineralization from the area identified by historical work.
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Two additional targets at least 4.7 km to the northwest from th e Emerson trenching show strong geophysical similarity
to the Emerson target.
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’s Board of Directors, management team and
technical advisors have collective geological and financing experience exceeding 400 years.
Harvest Gold acknowledges that Emerson is situated in the traditional territory of the Wet’suet’en
First Nation. Harvest Gold is committed to developing a positi ve and mutually beneficial
relationship based on respect and transparency with the Wet’suet’en Nation.
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 deeme d "forward looking statements". All
statements in this news release, other than statements of historical facts, that address events or developments
that Harvest Gold Corporation (the “Company”) 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", "inten ds", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
This news release includes tec hnical information that was gener ated prior to the introduction of National
Instrument 43-101. Details of the sampling methods, handling, a nd 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 disclosed 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 in formation from the adjacent properties, and
such results are not necessarily indicative of potential quanti ties 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. F urther, areas around known mine ralized intersections or surface showings
may be marked by wording such as “open”, “untested”, “possible extension” or “exploration potential” or by
symbols such as “?”. Such wordin g or symbols should not be cons trued 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 i n 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 sta tements are not guarantees of f uture performance and actual results may
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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 general economic, market or business
conditions. Investors are cautioned that any such statements ar e 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 secu rities laws, the Company undertakes no
obligation to update these forward-looking statements in the ev ent that management's beliefs, estimates or
opinions, or other factors, should change.