Harvest Gold Corporation (HVG – TSX.V)
Sept.20,
2006 (the “Company”) is pleased to announce that it has received the 61
element
enzyme leach ICPMS soil geochemistry results from further rounds of soil
sampling on its Garcia Flats property in Nevada, USA. The company has
also
acquired detailed aeromagnetic data to assist in its planning for an
anticipated
2006 drill program. The drill permitting process has been initiated and
is
expected to be completed by late October.
Garcia Flats is located at the southern
extension
of the Carlin Trend in Elko County, Nevada and comprises 198 unpatented
mining
claims covering 16 square kilometers (approximately 3960 acres) in two
claim
blocks within a covered pediment setting.
Mr. Greg Hill, President of Harvest Gold
Corp
(US), states “The geological, geophysical, and geochemical data we have
received
from our work on Garcia Flats since April of this year suggest the
potential for
the property to host buried Carlin-type gold mineralization. There are
three
potentially significant conclusions that we have reached based on the
information now available to us. They are: 1) the apparent presence of
six gold
target areas, 2) the apparent presence of an inferred buried intrusion,
and 3)
the apparent presence of a major structural corridor and zone of
structural
intersection. All these features occur in an area that contains
prospective
carbonate rocks that act as hosts at some Carlin type deposits”.
The Gold Target Areas
The company has completed sampling of
alluvium at
940 sample sites, or two thirds of the planned program. Detailed
aeromagnetic
data have been recently acquired and these complement the previously
acquired
detailed gravity data. Collectively, the data provide for the
identification of
six gold target areas, individually having dimensions ranging from 600
by 600
metres to 400 by 1,500 metres. Four of these gold target areas occur
along
north-trending magnetic highs and gravity gradients with coincident
strong gold
and pathfinder element soil geochemistry. The other two gold target
areas
feature strong geochemical responses adjacent to north-trending
geophysical
anomalies.
Gold has been detected in 295 soil samples
which
represent over 30% of the total. This compares to 10% of the samples
from the
first round announced June 29, 2006. The level of gold response at
Garcia Flats
continues to compare favorably to that obtained in orientation soil
surveys
carried out over buried portions of Carlin-type mines over the past ten
years.
The samples are being analyzed by enzyme leach, a geochemical method
capable of
detecting vertical leakage through post-mineral alluvial cover.
The Inferred Buried Intrusion
The gold target areas occur around the
periphery
of an inferred large, low-density intrusion. The inferred intrusion is
indicated by coincident high-resolution magnetic and gravity anomalies
that
measure 4-6 km across in the project area. The northern and western
margins of
the corresponding geophysical anomalies are overlain by Eocene rhyolite
flow
domes that are completely surrounded by Quaternary alluvium. The source
of
these volcanic rocks may be the inferred intrusion. High-contrast
enzyme leach
gold, copper, and molybdenum alluvial soil responses over the northern
margin of
the large coincident magnetic and gravity anomalies also suggest the
presence of
a felsic, possibly porphyritic intrusion at depth. The gold target
areas are
primarily concentrated over two narrower (100 to 600 metres wide)
north-trending
magnetic highs interpreted as dikes or apophyses emanating from the
inferred
deeper intrusion. Eocene dikes are spatially and temporally associated
with
most Carlin-type deposits and are considered to be a critical part of
the
emerging geologic picture at Garcia Flats.
The Complex Structural Geology
The Garcia Flats property overlies an area
of
complex structural geology as evidenced by the gravity, magnetic, and
geochemical data, as well as topography. Major intersecting north,
northwest,
and north-northeast trending fault zones are interpreted primarily from
the
geophysical data. The geochemical responses tend to be strongest in
areas of
interpreted structural intersection. The structural orientations
interpreted at
Garcia Flats are similar to those that provide important controls on
gold
mineralization at many Carlin-type deposits. At Garcia Flats, four of
the six
gold target areas occur along the western margin of a buried
northwest-trending
ridge in an area of strong north-trending structure and inferred
intrusive
activity. This ridge is interpreted as a horst and is parallel to the
Rain
horst, an important structural feature at the Rain mine to the north.
The other
two targets occur to the west of this ridge and are closely associated
with the
inferred buried intrusion.
Harvest Gold Corporation is a mineral
exploration
company working in the mining friendly jurisdictions of Nevada, USA and
Manitoba, Canada. In Nevada, Harvest is exploring a large generative
gold
property at Garcia Flats in the South Carlin Trend and has an advanced
property
with a gold-silver resource at the Longstreet Mine, in Northern Nye
County. In
Manitoba, Harvest is exploring three groups of claims in the Rice Lake
Gold Belt
in SE Manitoba and is the JV partner of Canadian Gold Hunter (CGH.T) at
Assean
Lake, near Split Lake, Manitoba.
The contents of this press release have been
reviewed by the company’s VP Exploration, Dr. George Gale, a Qualified
Person as
defined by NI 43-101.
On behalf of the Board of Directors,
Rick Mark,
Chairman and CEO,
Harvest Gold Corporation
For more information about Harvest Gold
Corporation, please review the Company’s website www.harvestgoldcorp.com
or
speak with a Company representative at 1-866-816-0118 or 604-986-2020.
The TSX Venture Exchange has not
reviewed
this press release and does not accept responsibility for the adequacy or
accuracy of this release.
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