Harvest Gold Corporation (HVG-TSX.V) May 3,
2006 (the
“Company”) is pleased to announce that an airborne geophysical survey is
now
underway at its Rice Lake Gold Belt properties near the mining community
of
Bissett, Manitoba.
The Company has engaged
Fire
Fly Aviation Ltd of Calgary to perform a High Resolution Aeromagnetic
(HRAM)
survey over the Mabel Lake claims and to fly a second block over the
southern
portion of the Johnston property claims. The survey will comprise of
approximately 1500 line kilometers of data collection on tight 50m
spaced flight
lines. The survey is now underway and map interpretation and reports are
expected in 2-3 weeks.
Vice-President Exploration, Dr. George Gale
says “The survey
results will help Company geologists identify key geological features
related to
the formation of gold deposits in the area including structural features
such as
faults and folds. As much of the area is covered by sediment, the survey
will
help us detect rock units not visible at surface, by their magnetic
characteristics. Also areas which have undergone intense alteration as a
result
of hydrothermal fluids passing through the rock may be recognized by
their
absence of magnetic minerals. Areas of alterations are intimately
associated
with gold deposits in the belt and constitute priority targets for
follow up
field work.”
Recently, Grandview Gold also flew a High
Resolution
Aeromagnetic survey of their Rice Lake Gold Belt claims which surround
Harvest
Gold’s Wyatt claim block. The Company will be assessing the results of
this
survey when they are received in preparation for its summer 2006 work on
the
Wyatt claims.
On behalf of the Board of Directors,
John
Roozendaal, B.Sc.
President,
Harvest Gold Corporation
For more information about Harvest Gold
Corporation, please review the
company’s
website at
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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