Harvest Gold Corporation (HVG – TSX.V),
January 10, 2006 (the “Company”) is
pleased to announce the results of its fall exploration program on its
Wyatt
Claims gold property in the Rice Lake Gold Belt in Manitoba, Canada. The
property is located in the Garner Lake region in the SE part of the Rice
Lake
Gold Belt, approximately 40 km SE by road from the mining community of
Bissett,
Manitoba.
Harvest Gold has discovered that splays of the regional Manigotagan
fault cross
its Wyatt property. One of these structures is a 100m wide shear zone
that hosts
gold-bearing arsenopyrite mineralization. This newly discovered
mineralization
on the Wyatt property represents a new type of gold mineralization in a
part of
the belt that is relatively unexplored.
A one week program of outcrop stripping and sampling of a part of the
shear zone
on the Wyatt claims has confirmed the presence of anomalous gold (Au),
silver
(Ag) and Arsenic (As) on the property. A 5m wide section of the shear
zone
contained 100 to 5100 ppb Au and 800 to 7000 ppm As in one meter wide
chip
samples. Continuous 1m chip samples across a 21m wide zone approximately
10 m
north of the above section, yielded anomalous Au (<500 ppb) and As
(<5000 ppm).
A grab sample of silicified gabbro from a five meter exposed section
yielded >
1% As and 1.4 g/t Au. Grab samples from a quartz vein at the margin of a
gabbro,
located 1 km north and 400m west of the two sampled sections, contained
12 g/t
and 20 g/t Au and 1 g/t Ag.
Between October 16 and 28, 2005, soil samples were collected for Enzyme
Leach
analyses, moss was stripped from outcrops and chip and grab samples were
collected within the Wyatt property. The purpose of this work was to
establish a
baseline for sample control for follow up property scale sampling and
determine
if the arsenopyrite discovered on a neighboring claim, not held by the
Company,
continues onto the Wyatt Claims.
Samples were collected from all quartz veins exposed during the
stripping, their
adjacent wall rocks and schistose zones within the shear zone. Samples
were
submitted to TSL Laboratories in Saskatoon for analyses by the ICP/OES
method.
This analytical method provides a number of trace elements that can be
useful
pathfinder elements in the search for gold mineralization in shear
zones. Three
samples with high Au values were subjected to fire assay.
Results:
There is a correlation between anomalous gold and arsenic. Other
elements occur
sporadically and do not show any strong positive correlation within this
data
set. The samples demonstrate that there is an extensive (approx. 20 m)
zone of
arsenopyrite mineralization within the shear zone and this is
accompanied by
trace to minor amounts of gold. High gold values are present in the
shear zone
at the eastern end of the claims, as well as in the quartz vein
approximately
1km to the northwest. Only a 100 m length of the eastern portion of the
shear
zone has been explored to date.
Highlights of the surface rock chip samples include:
SAMPLE # |
Au g t |
Repeat |
W-39 |
0.51 |
0.65 |
W-46 |
12.07 |
20.2 |
W-49 |
1.44 |
1.13 |
Conclusion:
Dr. George Gale reports “The results of this survey are encouraging in
that they
indicate extensive widths of the gold-bearing arsenopyrite
mineralization are
present throughout the shear zone on the Company’s property and it
extends
westward along strike into the overburden covered areas. The orientation
program
initiated in the fall of 2005 has made a valuable contribution to our
exploration strategy for the property. Establishing arsenic as a
pathfinder
element to detecting hidden bodies of gold mineralization will also aid
in our
selection of priority targets”.
Harvest Gold’s Wyatt claims encompass rocks similar in age and
composition to
those that host the San Antonio Gold mine, which has had over 1.4
million ounces
of historical production. The San Antonio Mine is currently being
rehabilitated.
A number of other discoveries such as the Central Manitoba, Hope,
Oakland-Rockland and Beresford Lake deposits have produced high-grade
ore. They
are situated to the north and northwest of the Wyatt Claims, occur in
the same
geological setting, and are currently undergoing renewed exploration for
additional reserves. A number of these deposits are associated with
extensive
shear zones and zones of silicification.
The Wyatt claims are contiguous with the western border of Wildcat
Exploration
Ltd’s (WEL: TSX.V) Garner Lake Claim block. In August 2005, Wildcat
announced
the discovery of two gold occurrences during its first mapping program
of the
Garner Lake block. Highlights include grab samples with 153.2 g/t Au,
40.16 g/t
Au, 29.56 g/t Au and 28.4 g/t Au. Wildcat discovered a second gold
showing in an
area that straddles our mutual claim boundary and represents the
southward
extension of the gold-bearing arsenopyrite mineralization in the shear
zone on
the Wyatt Claim block. Gold assays of up to 3.8 g/t Au have been
announced by
Wildcat following three days of exploration in the area adjacent to the
Wyatt
Claims.
The technical information in this release has been reviewed by Dr.
George Gale,
P Eng. Qualified Person.
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
web site 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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