Harvest Gold Corporation (HVG – TSX.V) March 13, 2007 (the “Company”) is pleased to announce that it has submitted a planned drill program for its Garcia Flats project to an environmental consultant in Reno, Nevada. It is expected that the application for the proposed drill program will be submitted to the Bureau of Land Management before the end of the month. Drilling of the Garcia Flats project is anticipated for spring or summer 2007 depending on drill rig availability.
The Garcia Flats project comprises 250 unpatented mining claims covering approximately 20 square kilometers (approximately 5,000 acres) in two claim blocks within a covered pediment setting. The property occurs at the southern extension of the Carlin trend in Elko County, Nevada.
Three anomalous gold-in-soils zones have been defined by approximately 1,220 soil samples taken on a 100 m by 100 m grid pattern. This enzyme leach soil survey was conducted in 2006. High resolution magnetic data and gravity data support the geochemical data and indicate the presence of individual faults and fault intersections associated with the soil anomalies. Drill sites are being permitted for 10 target areas throughout the property.
The Eastern anomaly measures approximately 1,000 m wide and at least 3,500 m long. The Central anomaly is 600 m wide and at least 1,800 m long. A third anomalous zone, the Western anomaly, is approximately 100 m wide and at least 800 m long. These anomalous zones are adjacent to an interpreted buried intrusion in the southern portion of the claim block.
Mr. Greg Hill, President of Harvest Gold Corp (US), states “At Garcia Flats the Company is looking for an entirely buried Carlin-type district. Carlin-type alteration and anomalous gold and pathfinder elements are present on several adjacent properties within 2-5 kilometers of Garcia Flats. Initial drill testing of the Garcia Flats property will focus on locating hydrothermal alteration, and gold mineralization beneath alluvial cover.”
At the Company’s Rosebud Mine project, sampling on a property-wide soil survey with a sample spacing of 100 m by 100 m has begun. Approximately 400 soil samples are planned. This survey will cover the existing mine workings as well as surrounding areas. The enzyme leach method will be employed. These results will be compared and contrasted to existing conventional gold and pathfinder element responses from pre-existing soil surveys completed by previous operators. Soil sampling above the underground Rosebud workings will allow for orientation of the geochemical method in the Rosebud district and is expected to show extensions of the known mined ore bodies. The orientation portion of the survey will also allow for the data to be used more effectively elsewhere on the property in the search for new targets.
It is anticipated that samples will be collected and analyzed within 90 days. The final results from the compilation and soil survey will be used to plan a drill program at Rosebud.
In addition, the Company has retained the services of Ms. Holly McLachlan for compilation of Rosebud mine data. Ms. McLachlan spent two years as a geologist at the Hecla / Newmont Gold Corp. Rosebud JV while the deposit was being mined. Her exploration and development efforts there included mapping and managing surface core and RC rigs and an underground development core drilling program in order to delineate potential deposit extensions and new deposits. Ms. McLachlan received a B.A. from Wellesley College in 1983, and an M.S. in Applied Earth Sciences from Stanford University in 1993.
Harvest Gold’s Rosebud Mine Project covers the Rosebud Mine property and 54 claims covering approximately 1,115 acres. The property package is in northwest Nevada approximately five miles to the south of the Hycroft mine which produced more than 1,000,000 oz of gold and 2,000,000 oz of silver.
The Company’s plan is to focus on 3 areas: (1) Evaluation of historic gold mineralization that may remain on the property; (2) Exploration for near surface, high-grade gold mineralization similar to that which has been discovered on the property in the past; and (3) Exploration for large bodies of gold-silver mineralization at depth.
Harvest Gold Corporation is a gold focused exploration company working in Nevada, USA and Manitoba, Canada. In Nevada, the Company is exploring a large generative gold property at Garcia Flats in the South Carlin Trend, an advanced property with a gold-silver resource at the Longstreet Mine, in Northern Nye County, and the Rosebud Mine Project, a past producing mine in northwest Nevada. Harvest is also exploring claims in Manitoba, Canada at the Rice Lake Gold Belt, the Rocky Ridge Gold property in the Lac du Bonnet mining district, and is Joint Ventured with Canadian Gold Hunter Corp (CGH.TSX) at the Assean Lake Gold Project.
For further information contact Keith Patey, Director of Communications of Harvest Gold Corp. at 1-866-816-0118 or 604-986-2020
ON BEHALF OF THE BOARD
Rick Mark
CEO & Chairman
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For more information on the Garcia Flats project
CLICK HERE |
For more information on the Rosebud project
CLICK HERE |
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