Harvest Gold Announces Drill Program, Rice Lake Gold Belt, Manitoba


Harvest Gold Corporation (HVG – TSX.V) May 4, 2006 (the “Company”) is pleased to announce that  exploration activities leading up to its planned June, 2006 drill program at the “The Red Hill Zone” on the Company’s Johnston property  in the Rice Lake Gold Belt near Bissett, Manitoba have begun.


In October, 2005 the company undertook reconnaissance geological mapping, a soil geochemical survey and a 5 hole diamond drill program on a portion of its Johnston Claims property in the Rice Lake Gold Belt. This program resulted in the discovery of a new zone of gold mineralization with up to 7.5 g/t Au over 2 m in one drill hole and multiple lower grades of gold in adjacent holes. (See January 18, 2006 Press release)  The Red Hill Zone is open at depth and along strike, and follow-up geochemistry indicates that the mineralization continues for at least another 500 m to the east of the program’s last drill hole.


Line cutters will lay out a 100 m spaced grid extending 2 kilometers in length which will cover the ‘Red Hill Zone’ and the known eastern extent of the related alteration zone. This zone of strong iron carbonate alteration occurs in rocks that are identified as the same age and type as the Balmer Formation rocks that host over 90% of the gold deposits in the Red Lake, Ontario district, including the Goldcorp Mine. The gold-bearing alteration at the Red Hill Zone is typical of the ankerite (iron-magnesium carbonate) found in association with most of the gold deposits in the Red Lake District. Other occurrences of the same type of alteration on the property occur within a large fold structure and a regional shear zone that has been mapped by government geologists to extend all the way to Red Lake.


Matrix Geochemical Services of Toronto, Canada has been hired to conduct a 3-dimensional Induced Polarization (IP) survey over the new grid area. This work is expected to start next week and be completed before the end of May. This survey is intended to determine the subsurface extent and plunge of the mineralized zone in areas of no outcrop. The results will assist the company’s geologists in determining the best places to locate the second tier of drill holes, because the gold is associated with very fine grained pyrite and arsenopyrite, which respond well to this IP survey method. The survey may also identify additional mineralization in the area, as this type of gold deposit often occurs in clusters and may contain individual high grade shoots.


 Drilling on the Red Hill Zone is planned to begin in June.  Eight holes are scheduled to target the open eastward extension of the known zone and the new geochemical anomalies for a distance of approximately 500 meters to the east of DDH 05-01.  In addition, three holes are slated to test the down dip extent of the presently known gold-bearing mineralization. The 2005 drill program tested the zone to a maximum depth of approximately 120 m.


The property vendor, Steve Lesavage, made several gold discoveries on the western portion of the property over a 25 year period of exploration. His historical data base includes surface and airborne geophysical surveys, surface geochemical surveys, and diamond drilling programs. One of these discoveries, located approximately one Km west of , and along the same shear zone as, the Red Hill Zone, discovered 5.7 g/t Au over 1.5 m of core length. A review of the historical data has identified a number of priority target areas of equal interest to the Red Hill Zone, including other areas of carbonate-iron-formation. During the summer of 2006, detailed geological mapping will be undertaken to accurately define these alteration zones. This will be followed by soil geochemical surveys over zones of alteration to identify new drill targets.


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,

John Roozendaal, B.Sc.
Harvest Gold Corporation


For more information about Harvest Gold Corporation, please review the company’s

website at  or speak with a Company representative

at 1-866-816-0118 or 604-986-2020

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