|
News Release - |
Garcia Flats and Rosebud Mine Projects in Nevada, USA Prepare for Drilling
March 13, 2007
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
|
For more information on the Garcia Flats project
CLICK HERE |
For more information on the Rosebud project
CLICK HERE |
|