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Harvest Gold Corp (3)
Symbol HVG
Shares Issued 43,165,628
Close 2024-04-26 C$ 0.035
Market Cap C$ 1,510,797
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Harvest Gold talks progress of Mosseau structural study

2024-04-29 16:09 ET - News Release

Mr. Rick Mark reports

HARVEST GOLD UPDATES ITS STRUCTURAL STUDY OVER THE MOSSEAU PROJECT IN QUEBEC

Harvest Gold Corp. has provided an update on the progress that the company is making with the structural study of its Mosseau project located in the Urban Barry region of Quebec.

The structural study incorporates the results of the recent high-resolution helicopter-borne magnetic survey, along with lidar data and the digital elevation model. Other data the company is analyzing in the structural study include field geological measurements along with topographic data. The compilation of the various data sets allows the company to trace key shear zones and important crosscutting fault zones across the property. These shear zones and faults are important for focusing gold mineralization within an environment best known for its shear-hosted gold deposits.

Harvest Gold senior technical consultant Louis Martin states: "As most of the mineralization identified on the Mosseau property is structurally controlled and related to shear zones, today's release incorporates the available regional data sets, both proprietary and public, to highlight structural features important for hosting gold mineralization. This combination provides us with much better clarity on the key elements of the geological stratigraphy, shear zones and faults which will prove useful in delineating drilling targets."

The next phase of the structural study includes determining which of the currently recognized shear zones and faults are linked to confirmed gold mineralization and assessing the potential strike extension of these promising horizons.

Harvest Gold president and chief executive officer Rick Mark states: "When we took on this large, underexplored property, we understood we needed to first get an aeromagnetic survey done, so that, for the first time at Mosseau, the many bits and pieces of historical data could be assembled, collated and analyzed. Louis is leading the team and making tremendous progress."

Continuing compilation work will also update the geology map and identify key mineralized stratigraphic contacts and structures. Once completed, historic diamond drilling data and surface samples will be included to help define lateral extensions of the interpreted mineral horizons, which will provide important information in formulating drilling strategies at Mosseau.

Qualified person disclosure

The disclosure of technical or scientific information in this press release has been reviewed and approved by Mr. Martin, PGeo (OGQ 364), qualified person for Harvest Gold. Mr. Martin serves as a qualified person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

About Harvest Gold Corp.

Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold's board of directors, management team and technical advisers have collective geological and financing experience exceeding 400 years.

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