Harvest Gold Corporation (TSX VENTURE: HVG) (the "Company")
announces results from the Phase II reverse circulation drilling
program at its 100% owned Rosebud gold mine project, Nevada. Maps
and photos can be viewed on our Rosebud property page at:
http://www.harvestgoldcorp.com/Projects/Rosebud-Mine-Project-Nevada-USA/default.aspx
Phase II Drill Program highlights include:
South Zone
-- 10.67 metres of 1.4 g Au/t, 15.1 g Ag/t,
including 1.52 metres of 3.8 g Au/t, and
including 1.52 metres of 60.5 g Ag/t
-- Confirmation in historical, non NI 43-101 resource
Southern Extension
-- Visible gold intersected; Metallic screen assays show grade increases up
to 500% above standard fire assays; Additional metallic screens are in
progress. (see link to website for photo)
-- Au intercepts in all Southern Extension holes
-- 44.20 metres of 0.3 g Au/t in HGR-30,
including 9.14 metres of 0.9 g Au/t
-- 15.24 metres of 0.4 g Au/t in HGR-33,
including 3.05 metres of 1.6 g Au/t
Valley target
-- Au and Ag intercepts in all holes with mineralization outlined near
surface
-- 9.14 metres of 0.7 g Au/t in HGR-31
-- 7.62 metres of 0.3 g Au/t, 41.5 g Ag/t in HGR-22,
including 3.05 metres of 0.6 g Au/t, 87.4 g Ag/t
-- 7.62 metres of 0.7 g Au/t in HGR-21
including 1.52 metres of 1.7 g Au/t
-- Structural controls defined in blind mineralization beneath thin cover
-- 185 metre strike length; open in all directions
Untested targets remaining at Rosebud
-- Dreamland, Motherland, Gold Hill, Motherlode targets untested by Harvest
Gold drilling; high grade historical intercepts in Dreamland and
Motherland targets.
-- High grade Ag intercept from Phase I (DDH HGR3 intersected 35.1 metres
of 238.1 g Ag/t; Aug. 5, 2010 news release) in Unconformity target also
remains to be followed up
Greg Hill, President of Harvest Gold Corp. (US), states: "We are
pleased to have encountered visible gold near surface in the
Southern Extension target and shallow mineralization in each hole
in the Valley target. Due to the presence of visible gold in
several intervals in the Southern Extension target, metallic screen
assays were performed on selected samples. Although this delayed
the release of the Phase II drill results, it has resulted in a
doubling to quintupling of Au grades in nearly 20% of samples
tested by the metallic screen assay method. Additional metallic
screen assays are underway. In the Valley target, drilling has, for
the first time, defined important structural controls on Au and Ag
mineralization in this blind, covered zone. And, mineralization
starts almost at surface in the Valley target. Understanding these
structural controls will be important to expanding the mineralized
zone at the large Valley target, most of which remains untested
beneath a thin post-mineral cover."
Twenty-two reverse circulation holes were drilled for a total of
4,622 metres in six target areas, the majority testing the Valley
and Southern Extension targets. Gold and silver assays from
significant intercepts are summarized below.
Southern Extension Target
Drill hole HGR-30 intersected 9.14 metres of 0.9 g Au/t within a
larger intercept of 44.2 metres of 0.3 g Au/t, 2.3 g Ag/t (0.4 g
AuEq/t) in the Southern Extension target. Six other drill holes
tested the Southern Extension and all contain significant
intercepts (see table below) within quartz vein, hydrothermal
breccia, and stockworks in silicified volcanic rocks.
Mineralization occurs near surface, at and above the faulted
contact between fine grained volcanic rocks and Dozer rhyolite, as
well as within a deeper zone in Dozer rhyolite. The deeper
mineralization was intersected near the ends of HGR-32 and HGR-33
and is characterized by quartz-sulfide veinlets with minor to
absent wall rock alteration. The Dozer rhyolite is a very competent
host rock that is capable of hosting bonanza veins.
Phase II drilling extended mineralization by approximately 100
metres from a thick intercept in HGR-5 (114.3 meters of 0.49 g
Au/t; Aug. 5, 2010 news release) drilled in Phase I. Mineralization
in the upper and lower zones is open to the south, southeast, and
southwest, and may connect with historical intercepts approximately
100-200 metres to the west.
Phase II Southern Extension intercepts.
---------------------------------------------------------------------------
FROM TO INTERVAL(1) Au(2) Ag AuEq(3,4)
metres metres metres g/t g/t g/t
---------------------------------------------------------------------------
HGR-18 25.91 38.10 12.19 0.2 1.8 0.2
109.73 118.87 9.14 0.3 1.9 0.3
135.64 137.16 1.52 0.5 1.3 0.5
144.78 146.30 1.52 0.4 1 0.4
152.40 153.92 1.52 1.3 2 1.3
---------------------------------------------------------------------------
HGR-19 28.96 99.06 70.10 0.2 3.4 0.3
including 79.25 80.77 1.52 1.2 3.3 1.2
115.82 134.11 18.29 0.2 1.8 0.2
including 118.87 120.40 1.52 0.7 1.5 0.8
---------------------------------------------------------------------------
HGR-28 30.48 91.44 60.96 0.2 2.4 0.3
including 44.20 45.72 1.52 0.7 3 0.8
and including 54.86 56.39 1.52 0.8 2.2 0.9
106.68 115.82 9.14 0.1 3.1 0.2
128.02 140.21 12.19 0.2 3.6 0.3
including 131.06 134.11 3.05 0.5 5.2 0.6
---------------------------------------------------------------------------
HGR-30 22.86 67.06 44.20 0.3 2.3 0.4
including 56.39 65.53 9.14 0.9 1.6 0.9
74.68 80.77 6.10 0.3 1.0 0.3
---------------------------------------------------------------------------
HGR-32 12.19 13.72 1.52 0.5 1.1 0.5
33.53 56.39 22.86 0.2 2.3 0.3
79.25 80.77 1.52 0.5 1.1 0.5
156.97 170.69 13.72 0.4 1.7 0.5
including 156.97 158.50 1.52 2.2 3.1 2.2
---------------------------------------------------------------------------
HGR-33 0.00 1.52 1.52 0.3 0.4 0.3
18.29 19.81 1.52 0.3 1.8 0.4
27.43 44.20 16.76 0.2 2.9 0.3
48.77 64.01 15.24 0.4 6.5 0.6
including 51.82 54.86 3.05 1.6 2.5 1.7
including 53.34 54.86 1.52 2.3 2.5 2.3
73.15 88.39 15.24 0.2 4.2 0.3
129.54 132.59 3.05 0.3 1.6 0.3
175.26 176.78 1.52 0.6 1.1 0.6
---------------------------------------------------------------------------
HGR-34 21.34 33.53 12.19 0.4 1.4 0.4
including 22.86 24.38 1.52 1.6 1.1 1.6
47.24 73.15 25.91 0.3 1.8 0.3
including 50.29 60.96 10.67 0.5 2.2 0.6
including 51.82 53.34 1.52 2.1 5.8 2.2
1 - True widths unknown; additional drilling required to determine true
widths
2 - Metallic screen fire assays used in all intervals where available for
HGR-30, HGR-32, HGR-33, and HGR-34. Remaining intervals are reported
from 30g fire assays.
3 - Cutoff values set at 0.17 g AuEq/t
4 - Gold equivalent (AuEq) calculated using a Ag to Au ratio of 41.7:1,
calculated at spot prices, $1500 Au and $36 Ag
5 - All holes are inclined except for HGR-14 and HGR-18 which are
vertical.
Valley Target
All eight holes drilled in the Valley target intersected
precious metals mineralization, starting near surface, beneath thin
post mineral alluvial cover, with widths ranging up to 67.06
metres. HGR-31 intersected 9.14 metres of 0.7 g Au/t, 1.0 g Ag/t
(0.8 g AuEq/t) within a larger interval of 16.76 metres of 0.4 g
Au/t, 2.5 g Ag/t (0.5 g AuEq/t). Multi-ounce Ag was intersected in
three holes, with HGR-22 returning 153.9 g Ag/t, 1.0 g Au/t over
1.52 metres within a 7.62 metre interval of 0.3 g Au/t, 41.5 g Ag/t
(1.3 g Au Eq). Phase II drilling has defined structural controls on
mineralization along a contiguous west-northwest striking zone
extending 185 metres from historic intercepts (WW-1, MW-4, RL-56).
Mineralization is contained within stockworks and hydrothermal
breccias developed in trachytic and rhyolitic host rocks with
associated chalcedonic silica and minor banded veining at shallow
depths. Historic intercepts to the north, south, east, and west
suggest that mineralization can be expanded in several directions
with additional drilling.
Phase II Valley intercepts.
---------------------------------------------------------------------------
FROM TO INTERVAL Au Ag AuEq(1)
metres metres metres g/t g/t g/t
---------------------------------------------------------------------------
HGR-13 0 1.52 1.52 0.7 0.8 0.7
48.77 54.86 6.10 0.6 2.3 0.7
including 53.34 54.86 1.52 0.9 2.0 1.0
102.11 114.30 12.19 0.1 5.4 0.3
including 102.11 103.63 1.52 0.2 22.7 0.7
---------------------------------------------------------------------------
HGR-14 3.05 18.29 15.24 0.2 4.3 0.3
including 3.05 4.57 1.52 0.4 33.1 1.2
---------------------------------------------------------------------------
HGR-15 33.53 47.24 13.72 0.4 3.5 0.4
including 36.58 41.15 4.57 0.8 2.9 0.9
including 38.10 39.62 1.52 1.8 3.8 1.9
85.34 152.40 67.06 0.2 5.2 0.3
including 106.68 108.20 1.52 0.5 23.4 1.1
118.87 120.40 1.52 0.1 22.1 0.6
149.35 150.88 1.52 0.1 25.6 0.7
---------------------------------------------------------------------------
HGR-20 48.77 53.34 4.57 0.3 23.2 0.8
including 48.77 51.82 3.05 0.2 32.4 1.0
74.68 103.63 28.96 0.2 12.5 0.5
including 74.68 89.92 15.24 0.2 20.8 0.7
including 77.72 79.25 1.52 0.4 45.2 1.5
and including 85.34 86.87 1.52 0.2 56.4 1.5
---------------------------------------------------------------------------
HGR-21 36.58 44.20 7.62 0.7 4.4 0.8
including 41.15 42.67 1.52 1.7 3.3 1.8
83.82 96.01 12.19 0.3 2.7 0.3
---------------------------------------------------------------------------
HGR-22 19.81 27.43 7.62 0.3 41.5 1.3
including 19.81 22.86 3.05 0.6 87.4 2.7
including 19.81 21.34 1.52 1.0 153.9 4.7
45.72 74.68 28.96 0.1 4.0 0.2
96.01 102.11 6.10 0.1 10.8 0.4
108.20 114.30 6.10 0.1 8.9 0.3
---------------------------------------------------------------------------
HGR-23 28.96 68.58 39.62 0.2 8.9 0.4
including 39.62 54.86 15.24 0.3 14.0 0.6
and including 35.05 41.15 6.10 0.1 36.3 1.0
83.82 103.63 19.81 0.2 1.0 0.2
including 102.11 103.63 1.52 1.0 5.2 1.1
120.40 126.49 6.10 0.2 2.4 0.2
---------------------------------------------------------------------------
HGR-29 4.57 10.67 6.10 0.2 4.2 0.3
21.34 59.44 38.10 0.1 6.8 0.3
including 56.39 57.91 1.52 0.2 67.3 1.8
97.54 150.88 53.34 0.2 3.8 0.3
including 128.02 131.06 3.05 1.1 22.4 1.6
170.69 178.31 7.62 0.3 1.3 0.3
207.26 208.79 1.52 1.1 2.4 1.1
220.98 224.03 3.05 0.3 1.2 0.3
---------------------------------------------------------------------------
HGR-31 15.24 30.48 15.24 0.1 4.1 0.2
64.01 82.30 18.29 0.1 4.5 0.2
108.20 124.97 16.76 0.4 2.5 0.5
including 115.82 124.97 9.14 0.7 1.0 0.8
132.59 135.64 3.05 0.4 0.6 0.4
152.40 155.45 3.05 0.2 1.3 0.3
South Zone
Drill hole HGR-17 intersected 10.67 metres of 1.4 g Au/t, 15.1 g
Ag/t (1.7g AuEq/t) and a 22.86 metre intercept of 0.8 g Au/t, 9.8 g
Ag/t (1.0 g AuEq/t) in the South Zone. This hole confirms
mineralization within the pre NI-43-101 resource.
South Zone intercepts.
---------------------------------------------------------------------------
FROM TO INTERVAL Au Ag AuEq(1)
metres metres metres g/t g/t g/t
---------------------------------------------------------------------------
HGR-17 38.10 45.72 7.62 0.1 7.9 0.3
86.87 94.49 7.62 0.7 9.8 0.9
including 88.39 89.92 1.52 0.1 30.5 0.8
and including 89.92 91.44 1.52 1.5 3.6 1.6
138.68 161.54 22.86 0.8 9.8 1.0
including 150.88 161.54 10.67 1.4 15.1 1.7
including 152.40 153.92 1.52 3.8 13.8 4.1
and including 160.02 161.54 1.52 0.9 60.5 2.3
170.69 192.02 21.34 0.4 6.1 0.5
Far East Target
Two holes were drilled in the Far East target. Results are
summarized in the following table.
Far East target intercepts.
---------------------------------------------------------------------------
FROM TO INTERVAL Au Ag AuEq(1)
metres metres metres g/t g/t g/t
---------------------------------------------------------------------------
HGR-25 50.29 59.44 9.14 0.3 6.2 0.5
including 50.29 51.82 1.52 1.3 4.5 1.4
74.68 91.44 16.76 0.4 7.3 0.6
including 80.77 82.30 1.52 1.1 9.1 1.4
---------------------------------------------------------------------------
HGR-26 156.97 161.54 4.57 0.1 16.6 0.5
including 156.97 158.50 1.52 0.2 31.0 1.0
222.50 225.55 3.05 0.3 0.9 0.3
Metallic Screen Assays
Due to the presence of visible gold in certain intervals in the
Southern Extension target, metallic screen assays were performed on
selected mineralized intervals in HGR-30, HGR-32, HGR-33, and
HGR-34. Metallic screen assays are the preferred analytical method
for samples containing coarse gold because coarse Au may plate out
during preparation of samples for conventional 30g (1 assay ton)
fire assays, resulting in under-reporting of Au values. Metallic
screen assays provide more accurate results where coarse gold is
present because total Au values are calculated from analyses of
both fine and coarse fractions. The metallic screen assay procedure
is as follows. Approximately 1kg of sample is sieved through a 150
mesh screen and the -150 mesh and +150 mesh fractions are both
saved. Gold assays are then performed on two -150 mesh splits and
on the +150 mesh fraction, and a total Au value is then calculated
based on the weights and assays from each fraction. The presence of
coarse gold in the sample is determined by Au analysis of the
coarse fraction and comparison with results from the fine fraction.
Results of the metallic screen assays are summarized below.
Approximately 42% of samples analyzed by the metallic screen
technique show decreases in Au relative to standard 30g fire
assays, whereas 58% show increases. Moreover, the median decrease
in Au grade is 26% whereas the median increase is 59%. Large
increases in Au grade by metallic screen assays are seen in HGR-30
and HGR-33, and to a lesser extent in HGR-32 and HGR-34, and coarse
Au has been detected in 26% of samples (22 out of 86) submitted for
metallic screen assays. Additional samples from mineralized
intervals in the Southern Extension target are being selected to be
submitted for metallic screen assays.
Comparison between standard 30g fire assay and metallic screen assay
results for Southern Extension drill holes.
--------------------------------------------------------------------------
Percent
Sample ID From To Au g/t Au g/t difference
--------------------------------------------------------------------------
metres metres 30 g fire Metallic
assay screen
assay
--------------------------------------------------------------------------
HGR-30 150'-155' 45.72 47.24 0.456 0.226 -50
--------------------------------------------------------------------------
HGR-30 155'-160' 47.24 48.77 0.232 0.171 -26
--------------------------------------------------------------------------
HGR-30 160'-165' 48.77 50.29 0.130 less than
0.103
--------------------------------------------------------------------------
HGR-30 165'-170' 50.29 51.82 0.121 less than
0.103
--------------------------------------------------------------------------
HGR-30 170'-175' 51.82 53.34 0.165 0.38 130
--------------------------------------------------------------------------
HGR-30 175'-180' 53.34 54.86 0.371 0.205 -45
--------------------------------------------------------------------------
HGR-30 180'-185' 54.86 56.39 0.122 less than
0.103
--------------------------------------------------------------------------
HGR-30 185'-190' 56.39 57.91 0.220 0.887 303
--------------------------------------------------------------------------
HGR-30 190'-195' 57.91 59.44 0.166 0.856 416
--------------------------------------------------------------------------
HGR-30 195'-200' 59.44 60.96 0.151 0.649 330
--------------------------------------------------------------------------
HGR-30 200'-205' 60.96 62.48 0.126 0.786 524
--------------------------------------------------------------------------
HGR-30 205'-210' 62.48 64.01 0.362 0.972 169
--------------------------------------------------------------------------
HGR-30 210'-215' 64.01 65.53 0.390 1.074 175
--------------------------------------------------------------------------
HGR-30 215'-220' 65.53 67.06 0.169 0.206 22
--------------------------------------------------------------------------
HGR-30 245'-250' 74.68 76.20 0.199 0.233 17
--------------------------------------------------------------------------
HGR-30 250'-255' 76.20 77.72 0.417 0.495 19
--------------------------------------------------------------------------
HGR-30 255'-260' 77.72 79.25 0.399 0.31 -22
--------------------------------------------------------------------------
HGR-30 260'-265' 79.25 80.77 0.112 0.17 52
--------------------------------------------------------------------------
--------------------------------------------------------------------------
HGR-32 110'-115' 33.53 35.05 0.168 0.308 83
--------------------------------------------------------------------------
HGR-32 115'-120' 35.05 36.58 0.300 0.307 2
--------------------------------------------------------------------------
HGR-32 120'-125' 36.58 38.10 0.780 0.431 -45
--------------------------------------------------------------------------
HGR-32 125'-130' 38.10 39.62 0.414 0.227 -45
--------------------------------------------------------------------------
HGR-32 130'-135' 39.62 41.15 0.134 0.171 28
--------------------------------------------------------------------------
HGR-32 135'-140' 41.15 42.67 0.083 less than
0.103
--------------------------------------------------------------------------
HGR-32 140'-145' 42.67 44.20 0.162 0.257 59
--------------------------------------------------------------------------
HGR-32 145'-150' 44.20 45.72 0.298 0.14 -53
--------------------------------------------------------------------------
HGR-32 150'-155' 45.72 47.24 0.156 0.105 -33
--------------------------------------------------------------------------
HGR-32 155'-160' 47.24 48.77 0.111 0.258 132
--------------------------------------------------------------------------
HGR-32 160'-165' 48.77 50.29 0.123 0.139 13
--------------------------------------------------------------------------
HGR-32 165'-170' 50.29 51.82 0.205 0.298 45
--------------------------------------------------------------------------
HGR-32 170'-175' 51.82 53.34 0.143 0.139 -3
--------------------------------------------------------------------------
HGR-32 175'-180' 53.34 54.86 0.106 0.172 62
--------------------------------------------------------------------------
HGR-32 180'-185' 54.86 56.39 0.509 0.123 -76
--------------------------------------------------------------------------
--------------------------------------------------------------------------
HGR-33 95'-100' 28.96 30.48 0.343 0.718 109
--------------------------------------------------------------------------
HGR-33 135'-140' 41.15 42.67 0.309 0.25 -19
--------------------------------------------------------------------------
HGR-33 160'-165' 48.77 50.29 0.206 0.153 -26
--------------------------------------------------------------------------
HGR-33 165'-170' 50.29 51.82 0.446 0.227 -49
--------------------------------------------------------------------------
HGR-33 170'-175' 51.82 53.34 0.171 0.946 452
--------------------------------------------------------------------------
HGR-33 175'-180' 53.34 54.86 0.617 2.253 265
--------------------------------------------------------------------------
HGR-33 180'-185' 54.86 56.39 0.171 0.235 37
--------------------------------------------------------------------------
HGR-33 185'-190' 56.39 57.91 0.171 0.156 -9
--------------------------------------------------------------------------
HGR-33 190'-195' 57.91 59.44 0.137 0.146 6
--------------------------------------------------------------------------
HGR-33 250'-255' 76.20 77.72 0.171 0.315 84
--------------------------------------------------------------------------
HGR-33 255'-260' 77.72 79.25 0.274 0.141 -49
--------------------------------------------------------------------------
HGR-33 260'-265' 79.25 80.77 0.171 0.14 -18
--------------------------------------------------------------------------
HGR-33 265'-270' 80.77 82.30 0.171 less than
0.103
--------------------------------------------------------------------------
HGR-33 270'-275' 82.30 83.82 0.240 0.222 -7
--------------------------------------------------------------------------
HGR-33 275'-280' 83.82 85.34 0.343 0.208 -39
--------------------------------------------------------------------------
HGR-33 280'-285' 85.34 86.87 0.274 0.139 -49
--------------------------------------------------------------------------
--------------------------------------------------------------------------
HGR-34 70'-75' 21.34 22.86 0.171 0.207 21
--------------------------------------------------------------------------
HGR-34 75'-80' 22.86 24.38 1.166 1.57 35
--------------------------------------------------------------------------
HGR-34 80'-85' 24.38 25.91 0.171 0.143 -17
--------------------------------------------------------------------------
HGR-34 85'-90' 25.91 27.43 0.103 0.112 9
--------------------------------------------------------------------------
HGR-34 90'-95' 27.43 28.96 0.069 0.158 130
--------------------------------------------------------------------------
HGR-34 95'-100' 28.96 30.48 0.240 0.277 15
--------------------------------------------------------------------------
HGR-34 100'-105' 30.48 32.00 0.103 0.12 17
--------------------------------------------------------------------------
HGR-34 105'-110' 32.00 33.53 0.549 0.657 20
--------------------------------------------------------------------------
HGR-34 155'-160' 47.24 48.77 0.206 0.191 -7
--------------------------------------------------------------------------
HGR-34 160'-165' 48.77 50.29 0.137 0.16 17
--------------------------------------------------------------------------
HGR-34 165'-170' 50.29 51.82 0.171 0.138 -19
--------------------------------------------------------------------------
HGR-34 170'-175' 51.82 53.34 1.303 2.093 61
--------------------------------------------------------------------------
HGR-34 175'-180' 53.34 54.86 0.171 0.335 95
--------------------------------------------------------------------------
HGR-34 180'-185' 54.86 56.39 0.274 0.221 -19
--------------------------------------------------------------------------
HGR-34 185'-190' 56.39 57.91 0.240 0.296 23
--------------------------------------------------------------------------
HGR-34 190'-195' 57.91 59.44 0.171 0.297 73
--------------------------------------------------------------------------
HGR-34 195'-200' 59.44 60.96 0.411 0.4 -3
--------------------------------------------------------------------------
Drill samples were collected at the drill site, transported to
Sparks, NV and assayed by Inspectorate America of Reno, following
standard industry practice. Gold results were determined using
standard fire assay techniques on a 30 gram sample with an atomic
absorption finish. Additional gold values were determined by
metallic screen assays as described and tabulated above. Samples or
standards returning assays exceeding 10 grams Au per tonne were
re-assayed using a gravimetric finish. Silver results were
determined by ICP. Rigorous QA/QC was employed including the
insertion of standards and blanks into the sample stream.
About Rosebud
The Rosebud property is an advanced exploration project
consisting of 54 unpatented mining claims centered on the former
Rosebud underground mine, which produced nearly 400,000 oz gold and
2,300,000 oz silver between 1997 and 2000. The underground
operation mined three high-grade ore zones, with an average
production grade of 0.416 oz Au/t (14.2 g/tonne), 2.42 oz Ag/t (83
g/tonne). Due to falling gold prices, the cut-off grade was
increased from 0.15 oz Au/t (5.1 g/tonne) to 0.18 oz Au/ton (6.2
g/tonne) over the life of the mine, and mineralized material below
the cutoff was not mined. An in-place, non-43-101-compliant
Measured and Indicated Global resource of 242,000 oz Au, 2,130,000
oz Ag (6.81 million t @ 0.036 oz Au/t, 0.31 oz Ag/t), was
calculated by Hecla at the close of mining in 2000. (This
historical resource estimate was made by a source believed to be
reliable, however the Company has not yet independently verified
the estimate according to CIM standards and thus this historical
estimate should not be relied upon.) The Harvest Gold 43-101 report
on Rosebud can be accessed on the website at:
http://www.harvestgoldcorp.com/Theme/HarvestGold/files/Rosebud%2043-101%20final_10%20Oct%2022.pdf
The Rosebud deposit is a low-sulfidation epithermal precious
metals deposit hosted in felsic volcanic rocks, similar in origin,
geologic setting, and mineralization style to other low-sulfidation
gold deposits in northern Nevada, including the high-grade
multi-million-ounce Sleeper and Midas deposits. The property is
located in a highly mineralized portion of the Lovelock-Austin
Mineral Belt, about 5 miles south of Allied Nevada's Hycroft
mine.
The company has acquired a 100% interest in the property,
subject to a net smelter royalty.
Greg Hill, Certified Professional Geologist, the President of
Harvest Gold Corp. (US), is the Qualified Person that has reviewed
the contents of this news release.
Harvest Gold Corporation is a mineral exploration company
working in Nevada, USA and Manitoba, Canada. In Nevada, the Company
controls 100% interests in the advanced-stage Rosebud Gold Mine
property, and generative gold properties at Garcia Flats in the
South Carlin Trend and the RW property in the southern Battle
Mountain - Eureka Trend. In Manitoba, Harvest is engaged in
early-stage exploration of three groups of 100% owned claims in the
Rice Lake Gold Belt and holds a 40% interest in the more
advanced-stage, Assean Lake project.
This news release may contain forward-looking statements which
include, but are not limited to, comments that involve future
events and conditions, which are subject to various risks and
uncertainties. Except for statements of historical facts, comments
that address resource potential, upcoming work programs, geological
interpretations, receipt and security of mineral property titles,
availability of funds, uncertainties of resource and reserve
estimations, and others are forward-looking. Forward-looking
statements are not guarantees of future performance and actual
results may vary materially from those statements. Fluctuations in
metals prices, availability of financing, and general business
conditions are all factors that could cause actual results to vary
materially from forward-looking statements.
On behalf of the Board of Directors,
John Roozendaal, President
Harvest Gold Corporation
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Harvest Gold Corporation Keith Patey Director of
Communications (604) 986-2020 or Toll Free: 1-866-816-0118 (604)
986-2021 (FAX) www.harvestgoldcorp.com Progressive Investor
Relations Andrew Mugridge (604) 689-2881 Progressive Investor
Relations Benjamin Curry (604) 689-2881
Harvest Gold (TSXV:HVG)
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