Northwire Canada EditionWednesday, August 5, 2026
Northwire
SGZ 0.040 +0.0% SGML 14.79 −4.6% DEF 0.177 +7.6% UCU 3.43 −0.6% BBB 0.660 −2.9% PML 1.70 +2.4% GR 0.075 +15.4% GSKR 3.40 +3.3% LAR 8.98 −0.8% LSTR 0.085 +21.4% NTH 0.160 −3.0% BVA 0.800 −3.6% OTMC 0.400 +14.3% GPAC 0.340 +9.7% LEGY 0.940 +0.0% CVB 0.150 +0.0% SGZ 0.040 +0.0% SGML 14.79 −4.6% DEF 0.177 +7.6% UCU 3.43 −0.6% BBB 0.660 −2.9% PML 1.70 +2.4% GR 0.075 +15.4% GSKR 3.40 +3.3% LAR 8.98 −0.8% LSTR 0.085 +21.4% NTH 0.160 −3.0% BVA 0.800 −3.6% OTMC 0.400 +14.3% GPAC 0.340 +9.7% LEGY 0.940 +0.0% CVB 0.150 +0.0%
Drill Results

Mosseau Drill Program Completed: 2025 Programs Reviewed

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Executive Summary

The news release dated December 23, 2025, announces the completion of the maiden diamond drill program at the Mosseau gold project in Quebec. The company completed 4,692 meters across 21 holes. While some assays from the "Northern Area" were previously reported (discovering a new parallel mineralized horizon), assays for the central portion and final holes are currently pending and expected in January 2026. The release also highlights the year's corporate achievements, including raising approximately CAD $3.43 million across three private placements and securing a 19.9% strategic stake from Crescat Capital.

Material Impact

The impact of this specific release is Routine - Positive. While completing a maiden program on time and budget is a necessary operational milestone, the news contains no new analytical data (assays). - Operations: The company successfully executed 94% of its 5,000m target despite seasonal pauses for local First Nations' cultural and hunting activities. - Financial: The confirmation of $3.4M raised in 2025 suggests the company is well-funded for the immediate future. - Market Sentiment: The market is in a "holding pattern." The material discovery announced in November (parallel horizon east of Trench 1B) provided the initial excitement, but the stock price has actually retraced since that announcement. This suggests the market requires higher-grade intercepts or significantly wider intervals from the pending January results to sustain a breakout.

HVG · Price
Company Overview

Harvest Gold is a Canadian explorer focused on the Urban Barry greenstone belt in Quebec. - Flagship Project: The Mosseau Gold Project (under option to acquire 100% from Vior Inc.). - Location: Strategically located 45-70km from the high-grade Windfall deposit. - Geology: The project hosts the Kiask River Fault, with a strike length of over 21km. Recent work has identified a 3km minimum mineralized strike length with multiple parallel horizons.

Read the original news release →

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