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News Release - |
Harvest Gold Corporation’s Garcia Flats
Property Expanded as Gold Targets Develop
November 30, 2006
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Harvest Gold Corporation (HVG – TSX.V) Nov. 30, 2006 (the
“Company”) is pleased to report that it has expanded its claim block at the
Company’s Garcia Flats gold exploration property on the southern extension of
the Carlin Trend in Elko County, Nevada.
Fifty-two additional claims have been staked in the northern
and eastern part of the northwest claim block to cover extensions of the Eastern
gold and pathfinder element soil anomaly. The new claims cover a portion of the
property where gravity data interpretation indicates that the pediment cover is
estimated to be as shallow as 300 feet and possibly less. With the addition of
the new claims, the property now comprises 250 unpatented mining claims covering
approximately 20 square kilometers (approximately 5000 acres) in two claim
blocks within a covered pediment setting.
Additional geochemical data and further compilation and
interpretation of gravity, magnetic, and soil geochemical data have led to the
identification of two prominent north-northwest trending anomalies on the
property. These northwest-trending anomalies, referred to as the Eastern
anomaly and Central anomaly, respectively, contain the six gold target areas
described in the Company’s 20 September 2006 news release.
The Eastern anomaly measures approximately 1000 m wide and at
least 3500 m long. A second zone, the Central anomaly, is 600 m wide and at
least 1800 m long. The Eastern anomaly is adjacent to an interpreted buried
intrusion, whereas the Central anomaly is closely spatially associated with the
interpreted buried intrusion.
The combined geological, geophysical, and geochemical data
received since the beginning of exploration activities in April of this year,
suggest the presence of buried Carlin-type gold mineralization.
Greg Hill, Vice President, Harvest Gold USA, says “There are
three significant conclusions that we have reached, based on the information now
available to us. They are: 1) the presence of at least six gold target areas, 2)
the presence of an inferred buried intrusion, as interpreted by two independent
geophysical contractors, and 3) the presence of a major structural corridor and
zone of structural intersection. All of these features occur in an area that
contains prospective carbonate rocks that act as hosts at some Carlin type
deposits” (see Sept. 20, 2006 news release).
Enzyme leach soil survey results from the latest program
completed in October are now being received. To date, soil samples have been
collected at approximately 1225 sites on the property. Results are pending for
additional samples collected to the south of the central anomaly and within a
1400 m by 1600 m block of samples in the southwestern part of the property.
In addition, follow-up sampling has been undertaken in order
to replicate and confirm the geochemical results on selected portions of the
central target area.
A drill program is now being designed to provide initial
drill testing of the eastern and central anomalies.
The Harvest Gold website has been updated to include new
images of the Garcia Flats property and the recent exploration accomplishments.
Please visit the Garcia Flats project page at
www.harvestgoldcorp.com
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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