03:38:59 EST Sat 07 Feb 2026
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Harvest Gold Corp (3)
Symbol HVG
Shares Issued 113,330,207
Close 2025-08-14 C$ 0.10
Market Cap C$ 11,333,021
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Harvest Gold to begin phase I drilling at Mosseau

2025-08-14 20:15 ET - News Release

Mr. Rick Mark reports

HARVEST GOLD KICKS OFF DRILLING AT MOSSEAU, LAUNCHES URBAN-BARRY TILL PROGRAM, AND COMPLETES LABELLE MAG SURVEY

Harvest Gold Corp. has provided an update on exploration activities across its 100-per-cent-owned Quebec properties, all located in the Abitibi greenstone belt within the Urban-Barry area. The company has mobilized a diamond drill to commence drilling at its Mosseau property, initiated a property-wide till sampling program at its Urban-Barry project, and completed a high-resolution airborne magnetic survey over the LaBelle property and recently acquired claims southeast of Mosseau.

Rick Mark, president and chief executive officer of Harvest Gold, states: "We are all very excited to be advancing exploration on all three of our Urban-Barry area properties, simultaneously. This includes our much-anticipated 5,000-metre diamond drilling program at Mosseau and an extensive first-time geochemistry examination at the large Urban-Barry property. And we have now completed a first time look at another sizable property, Labelle, through an airborne geophysics program that is continuous with the very revealing mag survey done last year on Mosseau."

Diamond drilling at Mosseau

The diamond drill is expected to be mobilized this week to the Mosseau property. Phase I of the planned 5,000-metre diamond drilling program at Mosseau follows an extensive compilation of regional data, a high-resolution magnetic survey, and encouraging results from the soil sampling program and reconnaissance mapping and prospecting programs. Drilling will focus on high-priority targets in the northern portion of the property, which hosts numerous historical gold showings, as well as in the central area, where recent geophysical and geochemical surveys have identified several quality targets for gold mineralization.

Till sampling at Urban-Barry

Harvest Gold has also commenced fieldwork at its 19-kilometre-long Urban-Barry property, which averages four kilometres in width. Limited prospecting and mapping were conducted last summer; however, due to some reasonably extensive overburden, the company determined that a till sampling survey would be the most effective tool to evaluate the property's gold potential. The survey is being conducted by IOS Services Geoscientifiques and consists of northwest-southeast-oriented sampling lines spaced 1,000 to 1,500 metres apart, perpendicular to the dominant ice-flow direction, with individual samples collected every 250 to 300 metres. A total of 145 samples are planned.

Magnetic survey at LaBelle

This week, the company completed a high-resolution airborne magnetic survey over the LaBelle property and newly staked claims, at a 50-metre line spacing totalling 1,368 line kilometres. Conducted by Novatem Airborne Geophysics, the survey covers an area with minimal historical exploration, but is interpreted from government regional magnetic data to be the southeast extension of the mineralized corridor hosting known mineralization at Mosseau.

These programs are designed to expand the company's exploration pipeline and support future drill targeting across its broad Quebec project portfolio.

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.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 hectares, located approximately 45 to 70 kilometres west of Gold Ltd.'s Windfall deposit.

Harvest Gold acknowledges that the Mosseau gold project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local indigenous communities.

Harvest Gold's three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 kilometres of favourable strike along mineralized shear zones.

Qualified person statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, PGeo, technical adviser to the company and considered a qualified person for the purposes of National Instrument 43-101.

We seek Safe Harbor.

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