Harvest GOLD Completes High-Resolution Airborne Magnetic Survey over Mosseau Project IN Quebec
HARVEST GOLD COMPLETES HIGH-RESOLUTION AIRBORNE MAGNETIC SURVEY
OVER MOSSEAU PROJECT IN QUEBEC
Vancouver, British Columbia / April 18, 2024 - Harv est Gold Corporation (TSXV: HVG)
(“ Harvest Gold ” or the “ Company ”) is pleased to announce that the Company has comp leted a
1,646 line-km high-resolution helicopter survey, co vering 71.36 km 2 over its Mosseau Project
located in the Urban Barry region of Quebec.
The helicopter-borne system included two laser opti cally 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 completed with 50 m lines and 500 m control lines spacing and
at a minimum survey drape elevation of 15 m above the ground (Figure 1).
Harvest Gold Senior Technical Consultant Louis Mart in states: “Today’s release shows the new
Total Field Magnetics map overlaid with the known historical gold showings at Mosseau. We also
compare today’s magnetics map with the Quebec gover nment regional magnetics map flown
between 1970-1990 using the technology of the day (Figure 2). We are now compiling Mousseau’s
historical exploration databases with this new, more precise data to guide our exploration program
planning. This will provide us much better clarity on the key elements of the geological
stratigraphy, shear zones, faults, spatial position ing and the continuity of the numerous gold
showings.”
Airborne Magnetic Survey Highlights
Enhanced Aeromagnetic Resolution: The survey was completed with 50 m line
spacing and at a minimum survey drape elevation of 15 m above the ground. The
advantage of a single continuous survey is that it does not require the merging of
various digital datasets of different scales and re solutions. (Government regional
survey included flight lines at 200 m spacing and survey height of 120 m).
Increased Geological Understanding: The survey provides a much better
definition of the important mineralized contact bet ween volcanic and intrusive
rocks along with folding on the property.
Mineralized Structures: The combination of the Mag survey and known gold
showings provides better definition and continuity of mineralized horizons when
known mineral showings are incorporated. The survey also aids in the identification
of significant NE cross cutting features potentially controlling mineralization.
Harvest Gold President and CEO Rick Mark states: “W e are pleased to provide investors with the
results of this state-of-the-art, high-resolution m agnetic survey that will serve as a cornerstone to
our upcoming explorations programs. We expect the c ompilation work will define extensions of
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known mineralization and identify significant new gold targets along the 18 km strike running the
length of the property.”
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 g eology map and identify key stratigraphic
contacts and structures. Once the various datasets are assembled, the numerous mineralized
showings as defined by diamond drilling and surface samples will be included and will define
lateral extensions of the mineral horizons.
Planned fieldwork for the summer 2024 includes a pr operty wide soil geochem program and
prospecting across the Mosseau property.
2024 Airborne Magnetic Survey
The high-resolution airborne magnetic survey over Harvest Gold’s flagship Mosseau property was
completed by Novatem Airborne Geophysics based out of Mont Saint-Hilaire, Quebec. The project
is located 18 km east of the town of Lebel-sur-Quev illon. The survey was completed between
March 26 th and March 29 th , 2024. The survey covered a total area of 53.6 km 2 and included 1,646
line-km. Novatem provided preliminary processing and quality control of the geophysical data on
site as well as the preparation and supply of preliminary and final products.
Figure 1: Magnetic coverage of Mosseau Project
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Figure 2: Comparison in resolution between 2024 Har vest Gold magnetic survey and Quebec
Government regional magnetic survey completed between 1970 and 1990.
Qualified Person Disclosure
The disclosure of technical or scientific informati on in this press release has been reviewed and
approved by Louis Martin, P.Geo. (OGQ 364), Qualifi ed Person for Harvest Gold. Mr. Martin
serves as a “Qualified Person” as defined in Nation al 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 surfa ce 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 geologi cal 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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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, ar e forward looking statements. Forward
looking statements are statements that are not hist orical facts and are generally, but not always,
identified by the words "expects", "plans", "antici pates", "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 expr essed in such forward-looking statements
are based on reasonable assumptions, such statement s 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 success es, 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 forwa rd-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 statemen ts in the event that management's beliefs,
estimates or opinions, or other factors, should change.