Harvest Gold drills 5.4 m of 1.9 g/t Au at Mosseau

Executive Summary

• Harvest Gold Corp. released assay results from the first six holes of its maiden drill program at the Mosseau property in Quebec’s Abitibi region, representing approximately 20% of the planned 5,000-meter program.
• The company discovered a new mineralized horizon approximately 100 meters east of the known Trench 1B target, extending along a 600-meter strike length associated with a moderate induced polarization (IP) anomaly.
• Significant intercepts include 1.90 g/t Au over 5.4 m (including 8.67 g/t Au over 0.6 m) and 1.10 g/t Au over 6.0 m (including 2.02 g/t Au over 1.5 m), characterized by semi-massive sulphides and elevated base metals.

Key Details

• Program Status: 14 drill holes completed totaling 3,030 meters; assay results published for the first 6 holes (994 meters).
• Target Area: Trench 1B target, northern part of the Mosseau property.
• Geological Context: Discovery of a parallel 600 m strike length horizon 100 m east of the known lens; associated with moderate IP anomaly; mineralization is open.
• Hole MO-25-15 (Best Intercept):
  • 1.90 g/t Au over 5.4 m.
  • Includes: 8.67 g/t Au over 0.6 m.
  • Includes: 1.10 g/t Au over 6.0 m.
  • Includes: 2.02 g/t Au over 1.5 m.
  • Mineralogy: Semi-massive sulphides (pyrite, chalcopyrite).
  • Pathfinders: 203 g/t Ag, 2.26% Cu, 0.16% Zn, 0.05% Pb.
• Hole SW-25-14:
  • Located 50 m southeast of MO-25-15.
  • 1.10 g/t Au over 6.0 m.
  • Includes: 2.02 g/t Au over 1.5 m.
• Strike Direction: North-northwest-south-southeast.
• Previous Drilling Context: Previous drilling at Trench No. 1B tested the horizon to a vertical depth of less than 50 m; this new horizon is relatively untested.
• QA/QC: Samples sent to AGAT Laboratories Ltd. (Val d'Or and Thunder Bay/Calgary); 50-gram fire assay with atomic absorption finish for gold; ICP for multielement analysis; ISO/IEC 17025 compliant.
• Qualified Person: Louis Martin, PGeo.
• True Widths: Not known at this time.

Notable Quotes

• "The discovery of a parallel 600 m strike length horizon 100 m to the east of the known lens at the Trench 1B target confirms that our drill plan to expand previously identified historical showings in the northern area is working." — Rick Mark, President and CEO
• "I would also note that our geology team is very encouraged with the style of the semi-massive mineralization that includes both precious and base metal mineralization." — Rick Mark, President and CEO