Diamond Drilling to Resume in the Central Area of Mosseau

The most recent news release from November 4, 2025, states that diamond drilling is set to resume at the central area of the Mosseau property, Quebec, starting tomorrow (November 5, 2025). Road construction has been completed, and the drill rig is mobilizing. The planned program for this phase is 2,800 meters of drilling in the central area, an undrilled part of the Kiask River Mineralized Corridor. A soil sampling program is also reported to be progressing.

The news is a routine operational update, confirming the resumption of drilling after a planned pause that was announced in the October 3, 2025, news release. The previous release indicated a pause for the local First Nations Cultural Week, National Day of Truth and Reconciliation, and the annual fall hunting season (September 27 to October 26). Therefore, the resumption of drilling after this period is in line with previous expectations and not a new, unexpected development.

Critically, the October 3, 2025, news release stated that assay results for the 3,030 meters of drilling already completed (across 14 holes in the central Mosseau property) were expected "within the next few weeks." Given that the current news is dated November 4, 2025, these assay results are now overdue. The absence of these anticipated results is a missed expectation, making this news neutral at best, despite the positive activity of drilling resumption. The current news does not provide any information regarding the actual drill core results, which is the primary value driver for an exploration company at this stage. The planned additional 2,800 meters of drilling means an extended program and continued expenditures, without immediate clarity on the success of the initial drilling.

Harvest Gold Corporation (TSXV: HVG) is a junior gold exploration company primarily focused on its Mosseau Gold Project, located in the Urban Barry Belt of Quebec's Abitibi greenstone belt. The company is actively exploring for near-surface gold deposits.

Mosseau Gold Project: - Flagship project, 100% owned via option agreements (specifically with Vior Inc.). - Comprises 195 claims covering 9,743.5 hectares (as of May 6, 2025). - Exploration efforts have focused on identifying and expanding the Kiask River Mineralized Corridor (KRMC). - Fall 2024 prospecting and geological mapping expanded the mineralized corridor by 600 meters to the southeast and 1,100 meters to the northwest, establishing a minimum mineralized strike length of 3.0 kilometers. Grab samples included high grades like 3.27 g/t Au and up to 12.9 g/t Au (note: grab samples are selective). - A 2024 soil sampling program revealed 8 new gold targets, confirming existing drill targets and identifying new ones in the central part of the property. - Phase I of a 5,000-meter diamond drill program commenced in August 2025, targeting high-priority areas in the northern and central portions of the property. 3,030 meters across 14 holes have been completed, with samples sent for assay. An additional 2,800 meters are now planned in the central area. - Drill permits (ATI) from the Quebec government are secured and valid for two years. - The company also holds the LaBelle and Urban Barry properties, which are undergoing regional exploration (magnetic surveys, till sampling). Total claims across all properties are 377, covering 20,016.87 hectares.