Harvest GOLD Confirms Presence of High Grade GOLD/Silver Values at Cerro Cascaron; Adds LA Cascarita Silver Target to Early Target List
HARVEST GOLD CONFIRMS PRESENCE OF HIGH GRADE GOLD/SILVER
VALUES AT CERRO CASCARON; ADDS LA CASCARITA SILVER TARGET TO
EARLY TARGET LIST
Vancouver, Briti sh Columbia, June 15, 2017 - Harvest Gold Corporation (TSX.V: HVG)
(“Harvest Gold” or the “ Company”) is pleased to provide initial rock sampling results from a
recent 4-day site visit to the high-grade Cerro Cascaron gold/silver project in Mexico. Harvest
Gold can earn up to an 80% interest in Cerro Cascaron from Evrim Resources Corp. (“Evrim”).
The project covers 69 square kilometers in an historic Colonial -era mining district in the prolific
Sierra Madre Occidental precious metals belt of western Chihuahua State, Mexico.
As part of its due diligence, Harvest Gold retained Mr. David Bent, P. Geo. , as a geological
consultant to visit the project. Mr. Bent was able to inspect most of the project and took nine rock
samples from both the main gold vein field and a newly discovered, silver rich breccia and vein
target called La Cascarita, located five kilometres west of the currently defined main gold field.
The rock samples twinned previous samples taken by Evrim to confirm previous assay results .
Gold and silver sample locations and comparative assay results are provided below.
Sampling at La Cascarita returned highly anomalous polymetallic values, with sample
D504728, from the lip of a breccia struct ure that is estimated to be 3 m in width , returning
1,170 g/t silver, 2.72 g/t gold, and 1.02% zinc and sample D504727, from the surface outcrop
of the 1.3 m wide La Cascarita vein, returning 331 g/t silver, 0.067 g/t gold; and 1.63% lead.
A sample from the Serpiente Dorada vein, part of the mai n gold vein field, assayed 826 g/t gold ,
which supports Evrim’s high grade sample of 1,670 g/t gold. Six other samples from the main
vein field also assayed significant gold grades of between 0.251 g/t and 38.0 g/t gold.
Commenting on his site visit, Mr. Bent said “ I consider the Cerro Cascaron property to be an
excellent target for an aggressive exploration campaign . There has been no drilling to date and
no indication of the use of modern exploration techniques to delineate buried targets. I
recommend that Harvest acquire the property and conduct an integrated program of geological,
geochemical and geophysical surveys followed by a drill program”.
Harvest Gold’s’ President and CEO Rick Mark states: “ David’s site visit to Cerro Cascaron
confirmed the main features of this outstanding gold and silver exploration project and the highly
professional initial exploration work conducted by Evrim’s field crew. Key features of the
project are the grade and extent o f mineralization and the presence of multiple targets, including
the main gold vein field, the La Cascarita silver rich breccia target and the Divisadero vein and
stockwork prospect located on the south side of the La Dura River. We are very excited to be gin
the Phase 1 exploration program shortly and plan to provide regular updates to our shareholders
over the next three months as we prepare f or a minimum 3,000 metre drill program in the fall of
2017. ”
HARVEST GOLD CORP.
Suite 804 – 750 West Pender Street
Vancouver, BC V6C 2T7
T: (604) 682-2928
F: (604) 685-6905
W: www.harvestgoldcorp.com
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Company
Sample
No. Prospect
Width
(m)
Au
ppm* Ag ppm Pb ppm Zn ppm Cu ppm Ba ppm
EVRIM D278841 San Pedro 1.00 19 72.6 23.8 43 33.5 200
Harvest D504720 San Pedro 0.40 38 197 25.7 37 25 200
Harvest D504721 San Pedro 1.20 3.5 28.7 11.2 36 11.4 200
EVRIM D278820 La Carabina 0.90 0.534 3.55 113.5 76 39.8 930
Harvest D504722 La Carabina 1.00 0.377 2.03 113.5 107 18.6 950
EVRIM D-504430 Banderas 0.80 0.468 34.5 280 263 148.5 300
Harvest D504723 Banderas 0.85 0.251 5.35 414 135 52.1 480
EVRIM 64718 Dolores 3 (select) 30.9 376 76 105 59 130
Harvest D504724 Dolores 4 (select) 1.38 48.8 34.5 64 13.2 420
EVRIM 64874 Julieta 4.50 0.734 6.35 115.5 212 10.3 100
Harvest D504725 Julieta 1.20 1.7 22.8 111 140 13 860
EVRIM 64851 Serpiente D. (Select) 1670 1490 172.5 126 20.6 2440
Harvest D504726 Serpiente D. (Select) 826 351 133.5 126 8.6 1620
EVRIM 64894 La Cascarita VN 1.30 0.013 237 17900 6840 1720 3040
Harvest D504727 La Cascarita VN 1.30 0.067 331 16300 2390 1340 3830
EVRIM 64897 La Cascarita Brx 1.20 1.85 982 4310 16400 1395 640
Harvest D504728 La Cascarita Brx 3.00 2.72 1170 2730 10200 689 2430
*1ppm = 1 gram/tonne. Readers are cautioned that rock chip samples are selected samples and are not necessarily
representative of the mineralization hosted on the property. Readers should refer to Evrim’s press releases dated June 8
and August 17, 2016 for a full description of their exploration results.
About the Cerro Cascaron Project
The Cerro Cascaron property hosts a low to intermediate sulfidation epithermal gold bearing
system and includes a high -grade gold vein field measuring approximately 18 square kilometers
in area on the eastern third of the property. Veining has been mapped on a cliff face for over 900
vertical metres, with classic textural evidence of multiple phases of hydrothermal boiling
accompanying the highest gold grades. These boiling zone s have been established in the upper
380 m etres of the vein field. Beneath the boiling zones, silver and base metal rich veins and
breccias provide additional exploration targets.
Cerro Cascaron’s setting and mineralization is similar to many epithermal deposits in the Sierra
Madre Occidental, including Fresnillo PLC's La Cienega Mine in Durango , Goldcorp’s past
producing El Sauzal gold mine and further south, First Majestic’s San Martin de Bolanos silver
mine in Jalisco State . The property is approximately 55 kilometers southeast of Goldcorp I nc.’s
past-producing El Sauzal gold mine and is one of the few unexplored and undrilled opportunities
in the region.
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Figure 1: Gold rock sample assay values collected by Evrim and Harvest Gold
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Phase 1 Exploration Plans
A fully funded Phase 1 Field Program developed by Harvest Gold and Evrim is scheduled to
begin shortly and will require approximately two months with a budget of approximately
$225,000. Evrim’ s knowledgeable and experienced field crews will operate this program. The
program will include the opening of two historic adits, detailed mapping, sampling and
prospecting on the main vein field, La Cascarita, and a well altered and currently unexplored
eastern extension of the vein field that lies across a river valley. The object of the Phase 1
program is to provide multiple drill targets for a minimum 3,000 metre diamond drill program in
the fall of 2017.
Quality Assurance/Quality Control
Mr. Warren Bates, P. Geo (APGO#0211), the Company’s Direc tor of Property Investigation, is
the Qualified Person for this press release for the purposes of National Instrument 43 -101, and
has reviewed and approved the technical information herein. Evrim Resources has advised that
their quality control procedure is as follows: Samples were delivered to ALS Global in
Hermosillo, Sonora for sample preparation and to the ALS laboratory in North Vancouver for
analysis. The Hermosillo facility has ISO 9001:2008 certification while the North Vancouver
facility has ISO/IE 17025:2005 certification. Blank samples were inserted into the sample
sequence for all channel samples with noted visible gold with no indications of
contamination. Samples were assayed for gold by 30 gram fire assay and multi -element analysis
by aqua regia and four -acid ICP analysis. Selected samples with coarse or visible gold were re -
analyzed by 50 gram screen metallic assay. Harvest utilized the same p rocedures to collect and
assay the rock samples noted in this release.
About Harvest Gold
Harvest Gold is a gold -focused mineral exploration company with a n experienced board of
directors and management whose collective geological and financing experience exceeds 200
years. Harvest also holds three fully registered mineral concessions on properties in the Republic
of Suriname: the Goliat-Tibiti, Gonini River and Oelemari concessions.
About Evrim Resources
Evrim Resources is a mineral exploration company whose goal is to participate in significant
exploration discoveries supported by a sustainable business model. The Company is well
financed, has a diverse range of quality projects and a database in Mexico a nd portions of the
southwestern United States. The existing projects, and generation of quality exploration targets
and ideas, are advanced through option and joint venture agreements with industry partners to
create shareholder value. Evrim’s business pla n also includes royalty creation utilizing the
Company’s exploration expertise and existing projects.
ON BEHALF OF THE BOARD OF DIRECTORS
Joel Matheson,
Director
Harvest Gold Corporation
For more information please contact:
Figure 2: Silver rock sample assay values collected by Evrim and Harvest Gold
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Rick Mark or Jan Urata
@ 604.682.2928 or [email protected]
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward -looking statements" within the
meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Except for statements of
historical fact relating to the company , certain information contained herein constitutes forward -looking statements.
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