Harvest Gold Reports 105.0 g/t Au Over 1.15 Metres, Including Visible Gold in the Central Part of the Mosseau Property
Harvest Gold Intersects High-Grade Vein at Mosseau, but Narrow Widths and Massive Warrant Overhang Dampen Discovery Shine
The most recent news release (February 11, 2026) reports a high-grade gold intersection of 105.0 g/t Au over 1.15 metres in hole MO-25-25 at the Mosseau Property in Quebec. This interval included visible gold and was part of a maiden 21-hole drill program. The result comes from the central part of the property within the Kiask River Deformation Zone (KRDZ), an area that has seen less historical exploration than the northern Morono deposit area. Additionally, the company confirmed it met its 2025 exploration expenditure obligation of $1.25 million, a key requirement of its option agreement with Vior Inc.
- High-Grade Validation: The 105.0 g/t Au hit is statistically significant and validates the company's theory that the KRDZ can host high-grade "nuggety" gold. However, the width (1.15m) is narrow, and "true width" remains undetermined.
- Exploration Momentum: This result is a marked improvement over previous results from the same program reported in January 2026, which largely showed low-grade halos (e.g., 0.21 g/t Au over 13.5m).
- Earn-In Progress: Meeting the $1.25 million spend requirement is a critical administrative milestone. However, the company is still in the "earn-in" phase. To reach 80% ownership, it must spend an additional $1.5 million over the next two years and continue making cash and share payments.
- Market Reaction: Despite the high-grade headline, the stock price (at $0.05) remains significantly below its 52-week high of $0.14. This suggests the market is discounting the discovery due to the narrow width and the company's capital structure.
Harvest Gold is focused on gold exploration in the Urban Barry belt of Quebec. - Flagship Project: Mosseau Property (7,265 hectares). It covers 17.7 km of the Kiask River gold-bearing structure. - Status: The property hosts the historical (non-43-101 compliant) Morono gold deposit. Harvest Gold is currently earning into the project from Vior Inc. - Other Projects: Urban Barry (100% option) and Labelle (100% owned), both in the same region, providing a district-scale land package of over 17,000 hectares.