Harvest GOLD Completes High-Resolution Airborne Magnetic Survey over Its Urban-Barry Project IN Quebec
HARVEST GOLD COMPLETES HIGH-RESOLUTION AIRBORNE MAGNETIC SURVEY
OVER ITS URBAN-BARRY PROJECT IN QUEBEC
Vancouver, British Columbia / May 14, 2024 - Harvest Gold Corporation (TSXV: HVG)
(“Harvest Gold” or the “Company”) is pleased to announce that the Company has completed an
extensive 1,574 line-km high-resolution helicopter survey , covering 68.61 km2 over its Urban
Barry-Project located in the Urban Barry region of Quebec (Figure 1).
The helicopter-borne system utilized dual laser optically pumped magnetic sensors providing
1,000 measurements per second (1,000 Hz) from a “stinger” mounted at the front of a Guimbal G2
light helicopter. The survey was conducted with 50 m line separation and 500 m control lines
spacing, maintaining a consistent minimum elevation of 15 metres above the ground to optimize
data quality (Figure 2).
Rick Mark, President and CEO of Harvest Gold states: “We have been updating our shareholders
and the market on the airborne magnetic survey at our flagship property, Mosseau. Today, we
begin to report on our nearby, 100% owned Urban-Barry project. This geologically similar
property is largely till covered and has had little historical exploration. These initial high resolution
mag results confirm several cross cutting structures , where gold tends to accumulate, which will
guide us as we consider next steps on the ground.”
Upcoming compilation work will include incorporating the recent magnetic data with the LiDAR
and topographic digital elevation model to identify mineralized shear zones and cross cutting faults.
The magnetic data will also be used to update the geology map and identify key stratigraphic
contacts and structures along an 18-km strike that traverses the entire length of the property.
Louis Martin , Senior Technical Consultant of Harvest Gold remarked: “ The quality of data
obtained from this high-resolution magnetic survey far surpasses that of previous regional surveys
conducted by the government as shown in Figure 3 . With this advanced dataset, we can now
interpret the underlying geology with greater confidence and precision, enhancing our
understanding of key structural features such as shear zones and faults.”
The Urban-Barry property is being developed in conjunction with Harvest Gold’s nearby Mosseau
property, located 15 km to the southwest. Both properties are located in the Urban Barry region of
the Abitibi and characterized by favourable volcanic rocks and the Wilson pluton.
2024 Airborne Magnetic Survey
The high-resolution airborne magnetic survey over Harvest Gold’s Urban Barry property was
conducted by Novatem Airborne Geophysics (“Novatem”) of Mont Saint -Hilaire, Quebec. The
project is located 39 km east of the town of Lebel-sur-Quevillon. The survey was completed
between March 27th and April 1st, 2024. The survey covered a total area of 68.61 km2 and included
HARVEST GOLD CORPORATION
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1,574 line-km. Novatem ensured rigorous onsite data processing and quality control, in addition
to providing both preliminary and final survey products.
Figure 1: Harvest Gold Projects in the Urban Barry Area
Figure 2: Magnetic coverage of Urban Barry Project
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Figure 3: Comparison in resolution between 2024 Harvest Gold magnetic survey and Quebec
Government regional magnetic survey completed between 1970 and 1990.
Qualified Person Disclosure
The disclosure of technical or scientific information in this press release has been reviewed and
approved by Louis Martin, P.Geo. (OGQ 364) , Qualified Person for Harvest Gold. Mr. Martin
serves as a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure
for Mineral Projects of the Canadian Securities Administrators.
About Harvest Gold Corporation
Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry
deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management
team and technical advisors have collective geological and financing experience exceeding 400
years.
Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 329 claims
covering 17,539.25 ha , located approximately 45-70 km east of Osisko -Gold Fields Windfall
Deposit.
Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay
and Abitibi territories. 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]
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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 forwa rd 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", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur.
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, exploit ation and exploration successes, and continued availability of capital and
financing, and general 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 securit ies 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.