Harvest Gold provides Additional Gold Bearing Evidence from its 100% owned Flagship Emerson Property
Harvest Gold provides Additional Gold Bearing Evidence from its 100% owned Flagship
Emerson Property
Vancouver, British Columbia / March 31, 2021 - Harvest Gold Corporation (TSX.V: HVG)
(“Harvest Gold” or the “Company”) provides an 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 : “Today, we are sharing additional
information that helped us gain confidence as to the gold bearing potential of our 100% owned
Emerson property. It includes samples taken on two different trips to the property in 2019 and 2020
and previously overlooked historical trenching data.”
The first sample is from a property investigation trip in 2019 taken by property vendors Henry
Awmack and David Caulfield. This result comes from a subcrop grab sample adjacent to the drill
collar of the 1968 Amax drill hole 68-1. It assayed 0.76 g/t Au and 2.7 g/t Ag.
Further evidence was provided as a result of an initial field visit in October 2020 by Harvest Gold’s
exploration team, Equity Exploration. The two main purposes of Equity’s trip to Emerson were (i)
to confirm the accuracy of specific historical work and (ii) to examine an area in the south-central
portion of the property that had received limited trenching and drilling in the 1960s and 1980s by
AMAX and Lornex. Collectively, AMAX and Lornex assayed 148 samples from 453.2 m at
Emerson with historical average Au, Ag, Pb, Zn and Cu ranges for all samples in these trenches
noted in Table 1.
Equity’s lead exploration consultant for Harvest Gold, Daniel Lui, P.Geo., was able to locate some
of the historical trenches that revealed intensely altered host rocks and abundant sulphide-bearing
stockwork and sheeted quartz v eins. The mineralization potential of these rocks is demonstrated
by the previously overlooked historical trenching data (sourced from B.C. assessment reports) that
document significant precious and base metal values in Table 1.
Ag
ppm
Au
ppm
Pb
ppm
Zn
ppm
Cu
ppm
MIN 0.3 0.025 20 32 12
MEAN 13 0.087 650.6 448.2 121.3
MAX 212 0.430 8391 7040 1055
Table 1: Historical average ranges for Ag, Au, Pb, Zn, and Cu from all 148 samples in 453.2 m of
trenching conducted by AMAX and Lornex in 1968 and 1986
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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Among the 148 historic samples taken from trenches, the assays for two samples displayed highly
anomalous values of base and precious metals:
➢ Sample #2659 from Trench 86 -2E (altered tuff with galena -sphalerite +/- tetrahedrite
stringers) assayed 1.51% Cu, 8.74% Pb, 7.31% Zn, 2,403 g/t Ag and 1.44 g/t Au; and
Sample #2658 from Trench 86-2D (pyrite-rich block sampled above bedrock) assayed 0.01%
Cu, 0.02% Pb, 0.01% Zn, 6.9 g/t Ag and 0.55 g/t Au.
Readers are cautioned that these two selective samples were collected prior to the introduction of
National Instrument 43 -101. Details of the sampling methods, handling, and quality control
methods used in the generation of this historical technical data are unknown to Harvest Gold, and
assay results cannot be and have not been verified by the Company’s Qualified Person for th e
purposes of National Instrument 43-101.
To further understand the extent of gold mineralization and to assist in creating drill targets at
Emerson, a spring 2021 percussion drilling program, consisting of 38 holes, has been designed to
test the top of the bedrock below the till cover and is awaiting receipt of a drilling permit to execute
this two-to-three-week program.
Qualified Person Statement
The disclosure of technical or scientific information in this press 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.
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 positive 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.
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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 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", "intends", "estimates", "pr ojects", "potential" and
similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
This news release includes technical information that was generated prior to the introduction of National
Instrument 43 -101. Deta ils of the sampling methods, handling, and 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 veri fied 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 extracte d from these companies’ press releases and
websites. A Qualified Person has been unable to verify this information from the adjacent properties, and
such results are not necessarily indicative of potential quantities 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. Further, areas around known mineralized intersections or surface showings
may be marked by wording such as “open”, “untested”, “possible extension” or “exploration potential” or by
symbols such as “?”. Such wording or symbols should not be construed 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 in 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 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, 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 are not guaran tees 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 securities 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.