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Harvest Gold Announces Summer Drill Results and Options
Conley Estate Claims in the Rice Lake Gold Belt, Manitoba
October 5, 2006
Harvest Gold Corporation
(HVG – TSX.V) October 5, 2006 (the “Company”) is pleased to report the results
of its summer 2006 drill program on the Lesavage North Property in the Rice Lake
Gold Belt, Manitoba. A total of 1402 meters of diamond drilling were completed
in 6 drill holes testing the eastern strike extent of the Red Hill gold zone.
The program was designed to test for gold mineralization up to 400 meters east
of the October 2005 discovery drill hole L 05-01 and approximately 65 meters
beneath the previously intersected mineralization. Anomalous gold mineralization
was intercepted in five of the six holes. Anomalous intercepts include:
|
Drill Hole # |
From |
To |
Interval |
Grade |
| L 06-02 |
220.3m |
228.0m |
7.7m |
0.77 g/t Au |
| L 06-03 |
228.0m |
231.9m |
3.9m |
0.36 g/t Au |
| L 06-03 |
233.15m |
240.0m |
6.9m |
0.65 g/t Au |
| L 06-04 |
122.0m |
123.75m |
1.75m |
0.30 g/t Au |
| L 06-04 |
150.0m |
151.9m |
1.8m |
0.32 g/t Au |
| L 06-05 |
65.0m |
67.6m |
2.6m |
0.81 g/t Au |
| L 06-06 |
78.0m |
79.0m |
1.0m |
1.27 g/t Au |
| L 06-06 |
102.0m |
104.0m |
2.0m |
1.25 g/t Au |
| L 06-06 |
124.55m |
125.25m |
0.7m |
2.26 g/t Au |
Click Here to See
2006 Drill Pattern
Drill core was cut in half and one half shipped to TSL Laboratories in
Saskatoon, Saskatchewan for preparation and IPC-MS analysis. The other half of
the core is stored in Bissett, Manitoba.
The mineralization intersected in October 2005 and July 2006 occurs within a
zone of intense alteration that contains disseminated sulphide (1 to 30% pyrite
± pyrrhotite). However, one exception is the auriferous section encountered over
the bottom 6.9 meters of hole L-06-03 which occurs in a carbonate altered shear.
This section, which ended this easternmost hole of the drill pattern, indicates
the presence of a second mineralized zone that appears to be separate to the
original mineralization.
Dr. George Gale, P. Eng., Vice President of Exploration, says “This drill
program has proven conclusively that the Red Hill zone occurs within a large
zone of alteration and is part of a larger zone of gold mineralization. There is
alteration and mineralization now intercepted over a strike distance of 800
meters. With the newly discovered intercept at the very bottom of DH 06-03, we
have discovered a second and distinct mode of gold occurrence and, we believe,
the mineralization to be open to the east and to depth. We will now get the
geological and geochemical data into GIS format and create longitudinal and
cross sections to identify controls on the mineralization and structures. As
well, we have yet to evaluate the 1 km of stratigraphy and structure between the
Red Hill zone and the next zone to the west and the next 3 kilometers to the
east between Red Hill and the recently optioned Con I and 2 claims where
high-grade gold grab samples are reported in government mineral occurrence
files.”
Analytical data from a MMI survey conducted during
summer 2006 indicate that there are a number of other untested zones with
anomalous gold along strike to the east, both within the Red Hill strata and
within the regional shear zone.
Crews are presently in the field collecting soil samples in geologically
favourable parts of the Lesavage North property. They are attempting to provide
complete geochemical coverage between Red Hill and the extensive alteration at
the Conley shaft on the Con claims some 3.3 km to the East. The crew will also
obtain geochemical data for most of the untested, historical geophysical
anomalies before the end of October when the first snow is expected.
Conley Estate Claims
The Company continues to build its land position in
this geologically complex area of the Rice Lake Gold Belt. A letter of intent
has been signed to option eight claims, held for over thirty years by Bill
Conley, from the trustees of his estate. These new claims, which have a number
of known gold occurrences, together with the two Con claims recently optioned
from Peter Dunlop, give the Company control over a large portion of the
important Balmer equivalent stratigraphy (a Red Lake analogue) and regional
structures in this area. This contiguous property package is over 30 square km
and covers favourable rocks including major fold structures and the shear that
continues some 80 km eastwards, to and beyond the Red Lake Gold camp.
Harvest Gold Corporation is a mineral 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 and 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
of south eastern Manitoba and at Assean Lake, Manitoba.
The contents of this press release have been
reviewed by the Company's VP Exploration, Dr. George Gale, P. Eng., who is a
Qualified Person as defined by NI 43-101.
On behalf of the Board of Directors,
John Roozendaal, B.Sc.
President,
Harvest Gold Corporation
For more information about Harvest Gold Corporation, please review the company’s
web site 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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