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Harvest GOLD Announces Emerson Project Rab Drilling Update

Exploration Programs

HARVEST GOLD ANNOUNCES EMERSON PROJECT

RAB DRILLING UPDATE

Vancouver, BC – August 5, 2021 – Harvest Gold Corporation (“Harvest”, “Harvest Gold”

or the “ Company”) (TSX V: HVG) is pleased to provide 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.

Harvest Gold President and CEO Rick Mark states: “We have just received the first update on our

RAB drilling program at Emerson from Equity Exploration Consultants Ltd. and the initial visual

results are very encouraging, as described below. These initial results bolster our hypothesis that

there is a substantial and prospective target at Emerson”

Mr. Henry Awmack, Property co -vendor and member of Harves t Gold’s Geoscience advisory

board, states: “ I am very encouraged that the se early RAB drilling results already show a

minimum 400 x 1100 metre area of bedrock with the same lithologies and alteration as mapped in

subcrop on surface , as noted in the Description column in Table 1 below. These lithologies an d

alterations also appear to be responsible for the overlying extensive Ag-Au-Pb-Mo-Zn soil

anomaly.”

Highlights:

• 7 of 17 planned Rotary Air Bast (“RAB”) holes are completed.

• Three of seven holes (EMR21-014 to 016), drilled in an east-west direction along road #4,

encountered strong quartz -sericite-pyrite (“QSP”) alteration in bed rock under shallow

glacial till cover over an east-west distance of approximately 40 0m. (See Table 1 and

Figure 1).

• Hole EMR2 1-002, drilled approximately 650 m east of EMR21-014, also encountered

strong QSP alteration overprinting a feldspar porphyry. (See Table 1 and Figure 1).

• All drill pads for RAB and 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 over 3 K brushed to date.

HARVEST GOLD CORP.

Suite 400 – 1681 Chestnut Street

Vancouver, BC V6J 4M6

T: (604)737-2303

F: (604) 737-1140

E: [email protected]

W: www.harvestgoldcorp.com

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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

EMR21-014 25 9.17 3 5

Strong QSP (quartz-sericite-pyrite) alteration

overprinting feldspar porphyry

EMR21-015 25 12.17 5.77 6 Strong QSP alteration overprinting feldspar porphyry

EMR21-016 25 18.24 10.97 13 Strong QSP alteration overprinting feldspar porphyry

EMR21-017 25 30.45 23.46 20 Unaltered pyrite-bearing mudstone

EMR21-018 25 19.78 13.2 12 Unaltered pyrite-bearing mudstone

EMR21-001 25 27.37 19.8 19

Strong chlorite-epidote-calcite-pyrite alteration

overprinting volcanics; potential contact with

underlying banded, pyrite-bearing, calcium-silicate-

altered mudstone; potential fault zone

EMR21-002 25 10.70 3.45 5

Strong QSP alteration and quartz-pyrite veining

overprinting feldspar porphyry

EMR21-003 25

In

Progress 13.5 7

In progress; top of bedrock is moderate QSP alteration

overprinting equigranular granodiorite

Figure 1: RAB drill hole locations

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Qualified Person Statement

The disclosure of technical or scientific information in this press release has been reviewed and

approved by W arren 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 P lateau of Br itish Columbia exploring for nea r surface

Gold deposit s and Copper Gold Porphyry deposits . Harvest Gold’s board of directors,

management team and technical a dvisors have collecti ve 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 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.