Vancouver, British Columbia / January 14, 2021 - Harvest Gold
Corporation (TSX.V: HVG) (“Harvest Gold” or the “Company”)
is pleased to announce the commencement of helicopter-borne magnetic
surveys over its 100% Emerson and Jacobite properties in central British
Columbia.
Rick Mark, CEO of the Company states: “It is a landmark day for Harvest
Gold as exploration of our new 100% owned BC properties begins. The Equity
Exploration team has moved quickly to procure the helicopter airborne
services of Precision GeoSurveys and flying may begin as early as today
with completion within one week, depending on the weather window. The
survey results will guide us in our expected spring reconnaissance drill
program and, later, our ground based Induced Polarization (IP) surveys. All
three programs will provide key data for drill targeting for an anticipated
summer drilling program.”
The Helicopter Airborne Surveys will provide interpretation of lithologies,
alteration and structure, extending them away from the areas of bedrock
exposure on each property. Survey flight lines at Emerson will be spaced 75
and 150 metres apart. Flight lines at Jacobite will be spaced 75 meters
apart. Both surveys will cover the entire property. Lines will be flown at
a nominal 40 meters above the ground surface.
Harvest Gold expects to have the results of the two helicopter-borne
magnetic surveys within a few weeks, allowing for their use in guiding
exploration programs this summer.
Through its consultants, Equity Exploration Consultants Ltd., Harvest Gold
has engaged Precision GeoSurveys Inc. of Langley, BC to carry out the
helicopter-borne magnetic surveys.
About Harvest Gold Corporation
Harvest Gold is focused on the Interior Plateau of British Columbia
exploring for near surface Gold deposits and Copper Gold Porphyry deposits.
Harvest’s Board of Directors, management team and technical advisors have
collective geological and financing experience exceeding 400 years.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President and CEO
Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata
@ 604.682.2928 or info@harvestgoldcorp.com
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.
Forward Looking Information
This news release includes certain statements that may be deemed "forward
looking statements". All statements in this news release, other than
statements of historical facts, that address events or developments that
Harvest Gold Corporation (the “Company”) expects to occur, are forward
looking statements. Forward looking statements are statements that are not
historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or
conditions "will", "would", "may", "could" or "should" occur.
This news release includes technical information that was generated prior
to the introduction of National Instrument 43-101. Details of the sampling
methods, handling, and quality control methods used in the generation of
this historical technical data are unknown to Harvest Gold, and the drill
material, assay results, true width of intercepts herein cannot be and have
not been verified by the Company’s Qualified Person for the purposes of
National Instrument 43-101.
A number of mineral resources or significant occurrences disclosed herein
relate to nearby properties owned by other companies, and the data
presented have been extracted from these companies’ press releases and
websites. A Qualified Person has been unable to verify this information
from the adjacent properties, and such results are not necessarily
indicative of potential quantities or grades of mineralization on the
Company’s properties.
Relating to exploration, the identification of exploration targets and any
implied future investigation of such targets on the basis of specific
geological, geochemical and geophysical evidence or trends are
future-looking and subject to a variety of possible outcomes which may or
may not include the discovery, or extension, or termination of
mineralization. Further, areas around known mineralized intersections or
surface showings may be marked by wording such as “open”, “untested”,
“possible extension” or “exploration potential” or by symbols such as “?”.
Such wording or symbols should not be construed as a certainty that
mineralization continues or that the character of mineralization (e.g.
grade or thickness) will remain consistent from a known and measured data
point. The key risks related to exploration in general are that chances of
identifying economical reserves are extremely small.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results may
differ materially from those in the forward looking statements. Factors
that could cause the actual results to differ materially from those in
forward looking statements include market prices, exploitation and
exploration successes, and continued availability of capital and financing,
and general economic, market or business conditions. Investors are
cautioned that any such statements are not guarantees of future performance
and actual results or developments may differ materially from those
projected in the forward-looking statements. Forward looking statements are
based on the beliefs, estimates and opinions of the Company’s management on
the date the statements are made. Except as required by securities laws,
the Company undertakes no obligation to update these forward-looking
statements in the event that management's beliefs, estimates or opinions,
or other factors, should change.
|