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Harvest GOLD Updates Its Structural Study over the Mosseau Project IN Quebec

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HARVEST GOLD UPDATES ITS STRUCTURAL STUDY

OVER THE MOSSEAU PROJECT IN QUEBEC

Vancouver, British Columbia / April 29, 2024 - Harvest Gold Corporation (TSXV: HVG)

(“Harvest Gold” or the “ Company”) is pleased to provide an update on the progress that the

Company is making with the structural study of its Mosseau Project located in the Urban Barry

region of Quebec.

The structural study incorporates the results of the recent high -resolution helicopter-borne

magnetic survey (Figure 1), along with LiDAR data (Figure 2) and the Digital Elevation Model

(Figure 3). Other data the Company is analyzing in the structural study include s field geological

measurements along with topographic data. The compilation of the various datasets allows the

company to trace key shear zones and important cross cutting fault zones across the property

(Figure 4). These shear zones and faults are important for focusing gold mineralization within an

environment best known for its shear hosted gold deposits.

Harvest Gold Senior Technical Consultant Louis Martin states: “As most of the mineralization

identified on the Mosseau property is structurally controlled and related to shear zones, today’s

release incorporates the available regional datasets, both proprietary and public, to highlight

structural features important for hosting gold mineralization. This combination provides us with

much better clarity on the key elements of the geological stratigraphy, shear zones and faults which

will prove useful in delineating drilling targets.”

The next phase of the structural study includes determining which of the currently recognized shear

zones and faults are linked to confirmed gold mineralization and assessing the potential strike

extension of these promising horizons.

Harvest Gold President and CEO Rick Mark states: “ When we took on this large, underexplored

property, we understood we needed to first get an aeromagnetic survey done, so that, for the first

time at Mosseau, the many bits and pieces of historical data could be assembled, collated, and

analyzed. Louis is leading the team and making tremendous progress.”

Ongoing compilation work will also update the geology map and identify key mineralized

stratigraphic contacts and structures. Once completed, historic diamond drilling data and surface

samples will be included to help define lateral extensions of the interpreted mineral horizons ,

which will provide important information in formulating drilling strategies at Mosseau.

HARVEST GOLD CORPORATION

Suite 400 – 1681 Chestnut Street

Vancouver, BC V6CJ 4M6

T: (604) 737-2303

F: (604) 737-1140

E: [email protected]

W: www.harvestgoldcorp.com

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Figure 1: Magnetic (TMI) coverage of Mosseau Project

Figure 2: LiDAR (Shadow) coverage of Mosseau Project

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Figure 3: Digital Elevation Model - Mosseau Project

Figure 4: Interpreted Structural Features - Mosseau Project

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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

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

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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 fro m 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.