Harvest GOLD Updates Its Review of Known GOLD Mineralization IN Relation to Its High Resolution Magnetic Survey over the Mosseau Project IN Quebec
HARVEST GOLD UPDATES ITS REVIEW OF KNOWN GOLD MINERALIZATION IN
RELATION TO ITS HIGH RESOLUTION MAGNETIC SURVEY
OVER THE MOSSEAU PROJECT IN QUEBEC
Vancouver, British Columbia / May 8, 2024 - Harvest Gold Corporation (TSXV: HVG)
(“Harvest Gold” or the “Company”) is pleased to report on the relationship between the historical
gold showings on the property and the magnetic and structural study derived from its high -
resolution magnetic survey of its flagship Mosseau Project located in the Urban Barry region of
Quebec.
The compilation of all historical gold showings from diamond drilling, channel sampling and grab
samples by previous operators on Mosseau back to 1949 is complete. This has now been
incorporated with the structural study incorporating high-resolution magnetics, LiDAR, d igital
elevation models and geological field structural measurements.
Since the Company can now observe the key shear zones and important cross cutting fault zones
at Mosseau, it is able to identify the mineralized shear zones and structural features important for
hosting gold mineralization (Figure 1).
Three important styles of mineralization have been identified on the property in relation to the
magnetic patterns observed.
Large dilation zones have been identified by the recognition of a change in magnetic domains
(Figure 2). Within these dilation zones, several secondary structural features are interpreted,
including the historical Morono deposit that has been traced for 1 km along strike.
Intersecting NE and NW trending magnetic features located in the NW corner of the property
appear to be important sites in focusing the gold mineralization (Figure 3). Numerous gold
showings are located at many of these sites, possibly representing intersection s of NW trending
stratigraphic shear zones and NE trending fault structures.
Liner NW-SW trending magnetic high features in the central part of the property were observed
that corresponded to shear zones identified in the field. Figure 4 illustrates the strong correlation
between the known gold mineralization and the magnetic high features. Numerous other targeted
shear zones are also identified by similar, parallel magnetic features.
Harvest Gold Senior Technical Consultant Louis Martin states: “The incorporation of the previous
gold showings with the recent structural interpretation, and now the high-resolution magnetics has
highlighted several structural features and trends important for hosting gold mineralization . This
combination provides us with much better clarity on the key elements of the geological
stratigraphy, shear zones and intersecting faults which will prove useful in identifying both
prospecting and drilling targets.”
HARVEST GOLD CORPORATION
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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Ongoing compilation work will include assessing the potential strike extension of these promising
horizons, updating the property scale geology map and selecting priority prospecting targets for
this summer.
Among other things, the Company is planning a geochemical survey on key parts of the Mosseau
Property and has forwarded work tenders to several companies specializing in carrying out
geochemical programs.
Figure 1: Magnetic (TMI) coverage of Mosseau Project with Gold Showings
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Figure 2: Magnetics and Gold Showing – Morono Area
Figure 3: Magnetics and Gold Showing – NW Area
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Figure 4: Magnetics and Gold Showing – Central Area
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 west 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
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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.
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, 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 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 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.