23:24:09 EDT Thu 12 Mar 2026
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Harvest Gold Corp (3)
Symbol HVG
Shares Issued 121,354,791
Close 2026-03-12 C$ 0.065
Market Cap C$ 7,888,061
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Harvest Gold to acquire 24 claims in Urban Barry belt

2026-03-12 16:57 ET - News Release

Mr. Rick Mark reports

HARVEST GOLD EXPANDS ITS MOSSEAU PROPERTY ALONG STRIKE TO THE NORTH AND SOUTH ADDING 24 CLAIMS AND 8 ADDITIONAL MINERAL SHOWINGS

Harvest Gold Corp. has entered into definitive agreements to acquire 24 additional mineral claims covering 1,356 hectares from two separate arm's-length prospector groups in the Urban Barry greenstone belt of Quebec.

The block of six claims and four claims to the south is underlain by the Kiask River deformation zone and, when combined with Harvest Gold's LaBelle property, provides continuous coverage over approximately 33 kilometres of strike length of favourable geology south of the Wilson intrusion.

With this acquisition, Harvest Gold's land position in the highly prospective Urban Barry greenstone belt now totals 401 mineral claims covering 21,372.81 hectares and over 50 kilometres of strike length of favourable and potentially mineralized structures, strategically located within the Urban Barry greenstone belt.

Rick Mark, president and chief executive officer of Harvest Gold, stated: "This expansion enhances our strategic footprint in the Urban Barry greenstone belt. Importantly, it connects Mosseau and LaBelle and now covers the entirety of the Kiask River deformation zone. Historical results and surface showings from only a small portion of the now expanded Mosseau property underscore the strong exploration potential across the largely underexplored 100-per-cent-owned land package.

Strategic expansion of the Mosseau project

The claims acquired by Harvest Gold cover 1,356 hectares in the Urban Barry greenstone belt of Quebec. The claims expand the company's Mosseau project along strike, both to the north and south, incorporating areas of favourable geology with documented historical gold and base metal showings. Historical work documented in the government's database (SIGEOM) has outlined five additional mineral showings in the northern part of the Mosseau property, extending into the Toussaint deformation zone and three mineral showings to the south, adjoining the Mosseau and LaBelle properties.

Northern showings within the Toussaint deformation zone include:

  • Domtar 116 (Blueberry): 4.4 per cent copper, 46.0 grams per tonne silver and 1.38 g/t gold over 0.18 metre (DDH);
  • Domtar 111 (Beehler vein): 0.69 g/t Au, 3.09 g/t Ag, 0.22 per cent Cu and 0.23 per cent MoS2 over 0.61 m (channel sample) and 1.4 g/t Au and 0.86 per cent Cu (grab sample);
  • Riviere Wilson: 1.0 g/t Au (grab sample);
  • Verneuil-BV-92-01: 1.23 g/t Au over 0.27 m (DDH);
  • Verneuil-Serem Est: 1.41 g/t Au over 1.5 m (DDH).

Southern showings -- Kiask River deformation zone:

  • Lac Labrie: 47.32 g/t Au over 0.3 m (DDH), and 22.3 g/t Au over 0.9 m (DDH) and 119.67 g/t Au (float sample);
  • Labrie 2: 1.65 per cent zinc and 1.11 per cent lead (grab samples);
  • Lac Labrie SE: 2.06 g/t Au and 4.46 g/t Ag over 0.61 m (DDH).

The block of six claims and four claims to the south is underlain by the Kiask River deformation zone and, when combined with Harvest Gold's LaBelle property, provides continuous coverage over approximately 33 kilometres of strike length of favourable geology south of the Wilson intrusion. The Audet-Robert claim blocks were purchased from Jean Robert, Les Explorations Carat, 9495-6976 Quebec Inc., and the Gaudreault claim block was purchased from Daniel Gaudreault.

Transaction terms -- Audet-Robert claim blocks

As consideration for a 100-per-cent interest in the Audet-Robert claim blocks, Harvest Gold has agreed to provide the Audet-Robert vendors with:

  • $60,000 in cash, with $30,000 payable upon receiving TSX Venture Exchange approval to the transaction and $30,000 payable by June 30, 2026;
  • 750,000 common shares of the company, with one-half of the shares to be issued upon receiving exchange approval to the transaction and one-half of the shares to be delivered by June 30, 2026; the shares will be subject to a statutory resale restriction period of four months from the date of issuance of the shares in accordance with Canadian securities laws;
  • The Audet-Robert vendors will retain a 1-per-cent net smelter return royalty, of which 0.5 per cent (50 per cent) may be repurchased by Harvest Gold for $750,000.

Transaction terms -- Gaudreault claim block

As consideration for a 100-per-cent interest in the Gaudreault claim block, Harvest Gold will provide the Gaudreault vendor with $5,000 in cash.

No finders' fees are payable in connection with the transactions.

The agreements remain subject to regulatory approval by the exchange.

National Instrument 43-101 disclosure -- historical data

The historical exploration results referenced in this news release were completed by previous operators and have not been independently verified by Harvest Gold. Although the company considers the historical work to be relevant and reliable, it has not completed sufficient work to verify these historical results and does not rely on them for the purposes of this disclosure. The historical information is presented solely to provide context for current exploration results and continuing exploration planning.

The true widths of the reported historical drill and channel sampling intervals have not been determined. Grab samples are selective by nature and may not be representative of the overall mineralization on the Mosseau project.

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.

Mr. Martin has reviewed and verified the historical assay results reported in SIGEOM, and has not identified any errors or omissions during the data verification process. The company and Mr. Martin are not aware of any factors related to sampling or recovery that could materially affect the accuracy or reliability of the historical data disclosed herein.

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 401 claims covering 21,372.81 hectares, located approximately 45 to 70 kilometres west of Gold Fields 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 km of favourable strike along mineralized shear zones.

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