Harvest Gold Receives Preliminary Maps from Airborne Magnetic Survey over its 100% owned Emerson Property
Harvest Gold Receives Preliminary Maps from Airborne Magnetic Survey
over its 100% owned Emerson Property
Vancouver, British Columbia / February 10, 2021 - Harvest Gold Corporation (TSX.V: HVG)
(“Harvest Gold” or the “Company”) announces that it has received the preliminary maps from
its January 2021 airborne magnetic survey flown by Precision GeoSurveys, Inc. over its Central
B.C. Emerson property.
Mr. Rick Mark, Presi dent and CEO of Harvest Gold states, “ We can now begin the process of
informing the market of new data from today’s newest exploration technologies that will guide our
excellent Geoscience team in ultimately identifying drill targets on all three 100% owned B.C.
Properties. Today’s release uses the Preliminary Airborne data to help us to begin to better
understand the potential Gold bearing structures at Emerson, our flagship Gold property.
Mr. Henry Awmack, Property co -vendor and member of Harves t Gold’s Geoscience advisory
board, states: “We have begun expanding our knowledge from the known to the unknown with this
initial airborne magnetics data. We already knew that our subcrop and historic trenching work
covers an area approximately 1000 m in diameter, giving indications of the presence of a
mineralizing system similar to Atremi s Gold Inc’s Blackwater gold deposit. The first significant
thing this preliminary airborne magnetic data tells us is that the moderate magnetic low which
characterizes the alteration and mineralization in the area of historic trenching extends
northwesterly over a much larger area. We now know it measures approximately 1700 m x 3000 m
and remains open to the northwest, which is a very encouraging first step.”
Chargeability
Definite
Probable
Induced Polarization
Area of subcrop and historic trenching
Target area indicated by magnetics
The recent aerial magnetic
survey has expanded the
size of the low magnetic
intensity anomaly from
~1,000 m in diameter to
3,000 x 1,700 m
1,700 m
3,000 m
Other
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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Readers should note that an historic Induced Polarization geophysical survey noted on the map,
showed definite and probable chargeability anomalies within part of this area, but was limited in
scope and did not extend over the area of the entire magnetic low.
Additional processing of th e aerial magnetics data is expected to be completed before the end of
February and will include: Reduced -to-pole; Analytic signal; Downward continuation; Upward
continuation; Horizontal gradient; Tilt angle; Vertical derivative; Unconstrained inversion; and
Structure Detection Filter. These products will aid Harvest’s exploration efforts by extending
lithologies and alteration under cover and, ultimately in targeting drill holes.
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.
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
@ 604.682.2928 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.
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
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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.