Drill Results
Drill Permitting Complete on Flagship Mosseau Gold Project in Quebec
Harvest Gold clears final regulatory hurdles for Mosseau drilling as shares consolidate near multi-month lows.
Executive Summary
- Harvest Gold Corporation has obtained the final "Forestry Intervention Permit" from the Quebec government for its 2026 diamond drilling program at the Mosseau Project.
- The permit explicitly authorizes the construction of drill pads and access roads, removing the last major regulatory barrier to field operations.
- The company emphasizes ongoing collaboration with government regulators and First Nation communities to ensure environmental and operational compliance ahead of the drill program's start.
- This follows a series of operational updates, including a $2.4 million private placement in May 2026 to fund the campaign, the acquisition of 42 new claims to expand the land package, and the identification of 20 priority drill targets along the 32-kilometer Kiask River Mineralized Corridor.
Material Impact
- The news is a standard, expected administrative milestone in the exploration lifecycle. Permitting is a prerequisite for any drilling campaign, and the company had already announced the 2026 drill plan and raised capital to execute it in April and May 2026.
- While positive for operational momentum, it does not contain new geological data, financial results, or strategic shifts. It simply confirms that the company is on track to begin drilling as previously communicated.
- The market impact is likely to be minimal, as the information was already priced in or expected by investors following the May financing and target announcements.
HVG · Price
Company Overview
- Harvest Gold Corporation is an exploration-stage gold company focused on three projects in Quebec's Urban Barry Greenstone Belt: Mosseau, Urban-Barry, and LaBelle.
- The flagship Mosseau Project covers 147 claims (7,265 ha) and hosts a 17.7 km gold-bearing structural trend. Recent drilling has identified a continuous gold-bearing corridor up to 16 meters wide, traceable for approximately 3 kilometers.
- Key historical and recent intercepts include 105.0 g/t Au over 1.15 m (including visible gold), 1.90 g/t Au over 5.4 m, and broad Au-Ag-Cu halos suggesting potential for bulk-tonnage, open-pit style mineralization.
- The company has expanded its land package to 443 claims covering 23,740 hectares, linking Mosseau and LaBelle into a continuous 32-kilometer strike length along the Kiask River Mineralized Corridor.
More from Harvest Gold Corp.
Jul 03, 2026 · 17:05