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News Release - |
Carlin-type gold indicators at Harvest Gold’s Garcia
Flats, Nevada property
September 20, 2006
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Harvest Gold Corporation (HVG – TSX.V) Sept.20,
2006 (the “Company”) is pleased to announce that it has received the 61 element
enzyme leach ICPMS soil geochemistry results from further rounds of soil
sampling on its Garcia Flats property in Nevada, USA. The company has also
acquired detailed aeromagnetic data to assist in its planning for an anticipated
2006 drill program. The drill permitting process has been initiated and is
expected to be completed by late October.
Garcia Flats is located at the southern extension
of the Carlin Trend in Elko County, Nevada and comprises 198 unpatented mining
claims covering 16 square kilometers (approximately 3960 acres) in two claim
blocks within a covered pediment setting.
Mr. Greg Hill, President of Harvest Gold Corp
(US), states “The geological, geophysical, and geochemical data we have received
from our work on Garcia Flats since April of this year suggest the potential for
the property to host buried Carlin-type gold mineralization. There are three
potentially significant conclusions that we have reached based on the
information now available to us. They are: 1) the apparent presence of six gold
target areas, 2) the apparent presence of an inferred buried intrusion, and 3)
the apparent presence of a major structural corridor and zone of structural
intersection. All these features occur in an area that contains prospective
carbonate rocks that act as hosts at some Carlin type deposits”.
The Gold Target Areas
The company has completed sampling of alluvium at
940 sample sites, or two thirds of the planned program. Detailed aeromagnetic
data have been recently acquired and these complement the previously acquired
detailed gravity data. Collectively, the data provide for the identification of
six gold target areas, individually having dimensions ranging from 600 by 600
metres to 400 by 1,500 metres. Four of these gold target areas occur along
north-trending magnetic highs and gravity gradients with coincident strong gold
and pathfinder element soil geochemistry. The other two gold target areas
feature strong geochemical responses adjacent to north-trending geophysical
anomalies.
Gold has been detected in 295 soil samples which
represent over 30% of the total. This compares to 10% of the samples from the
first round announced June 29, 2006. The level of gold response at Garcia Flats
continues to compare favorably to that obtained in orientation soil surveys
carried out over buried portions of Carlin-type mines over the past ten years.
The samples are being analyzed by enzyme leach, a geochemical method capable of
detecting vertical leakage through post-mineral alluvial cover.
The Inferred Buried Intrusion
The gold target areas occur around the periphery
of an inferred large, low-density intrusion. The inferred intrusion is
indicated by coincident high-resolution magnetic and gravity anomalies that
measure 4-6 km across in the project area. The northern and western margins of
the corresponding geophysical anomalies are overlain by Eocene rhyolite flow
domes that are completely surrounded by Quaternary alluvium. The source of
these volcanic rocks may be the inferred intrusion. High-contrast enzyme leach
gold, copper, and molybdenum alluvial soil responses over the northern margin of
the large coincident magnetic and gravity anomalies also suggest the presence of
a felsic, possibly porphyritic intrusion at depth. The gold target areas are
primarily concentrated over two narrower (100 to 600 metres wide) north-trending
magnetic highs interpreted as dikes or apophyses emanating from the inferred
deeper intrusion. Eocene dikes are spatially and temporally associated with
most Carlin-type deposits and are considered to be a critical part of the
emerging geologic picture at Garcia Flats.
The Complex Structural Geology
The Garcia Flats property overlies an area of
complex structural geology as evidenced by the gravity, magnetic, and
geochemical data, as well as topography. Major intersecting north, northwest,
and north-northeast trending fault zones are interpreted primarily from the
geophysical data. The geochemical responses tend to be strongest in areas of
interpreted structural intersection. The structural orientations interpreted at
Garcia Flats are similar to those that provide important controls on gold
mineralization at many Carlin-type deposits. At Garcia Flats, four of the six
gold target areas occur along the western margin of a buried northwest-trending
ridge in an area of strong north-trending structure and inferred intrusive
activity. This ridge is interpreted as a horst and is parallel to the Rain
horst, an important structural feature at the Rain mine to the north. The other
two targets occur to the west of this ridge and are closely associated with the
inferred buried intrusion.
Harvest Gold Corporation is a mineral exploration
company working in the mining friendly jurisdictions of Nevada, USA and
Manitoba, Canada. In Nevada, Harvest is exploring a large generative gold
property at Garcia Flats in the South Carlin Trend and has an advanced property
with a gold-silver resource at the Longstreet Mine, in Northern Nye County. In
Manitoba, Harvest is exploring three groups of claims in the Rice Lake Gold Belt
in SE Manitoba and is the JV partner of Canadian Gold Hunter (CGH.T) at Assean
Lake, near Split Lake, Manitoba.
The contents of this press release have been
reviewed by the company’s VP Exploration, Dr. George Gale, a Qualified Person as
defined by NI 43-101.
On behalf of the Board of Directors,
Rick Mark,
Chairman and CEO,
Harvest Gold Corporation
For more information about Harvest Gold
Corporation, please review the Company’s website 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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