Harvest Gold (TSXV:HVG) is a Canadian junior explorer focused on advancing a portfolio of gold projects in Quebec’s prolific Abitibi Greenstone Belt—one of the world’s most productive gold regions, with over 200 million ounces of historical output. Its Mousseau, Urban Barry, and LaBelle properties are strategically positioned within and near the Urban Barry Greenstone Belt, a rapidly emerging gold camp attracting significant exploration activity and investment from majors such as Gold Fields and Osisko Mining.
The Urban Barry Belt hosts major deposits like Windfall (now owned by Gold Fields) and Bonterra’s Gladiator and Barry, making it a hotspot for gold discovery. In a region increasingly dominated by majors, Harvest Gold offers rare early-stage exposure through three large, independently held land packages with road access, infrastructure, and newly cleared ground—setting the stage for high-impact exploration and potential acquisition.
Harvest Gold is backed by Crescat Capital, a prominent institutional investor with a strong track record of supporting early-stage discoveries. Crescat’s investment was driven by the endorsement of their strategic advisor, Dr. Quinton Hennigh, a globally recognized exploration geologist. His confidence in the company’s land positioning and geological model is a powerful validation of Harvest’s potential.
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Harvest Gold offers investors a compelling opportunity to participate in early-stage exploration within Quebec’s prolific Abitibi Greenstone Belt – home to some of Canada’s richest gold deposits – through three strategically located and 100 percent owned properties, with a flagship asset positioned for significant discovery upside.
Harvest Gold (TSXV:HVG) is a Canadian junior exploration company advancing a portfolio of 100 percent owned, highly prospective gold projects in Quebec’s world-renowned Abitibi Greenstone Belt. With more than 200 million ounces of historical gold production, the Abitibi is one of the richest gold-producing regions globally. Harvest Gold’s properties – Mousseau, Urban Barry and LaBelle – are strategically situated in and around the Urban Barry Greenstone Belt, a rapidly emerging gold camp that has become the focal point of aggressive exploration and investment by major players like Gold Fields and Osisko Mining.
The Urban Barry Belt is particularly significant: it hosts the high-grade, multi-million-ounce Windfall gold deposit, which was developed by Osisko Mining and recently purchased by Gold Fields, as well as Bonterra’s Gladiator and Barry deposits. In a belt where land is increasingly consolidated by majors, Harvest Gold controls three of the few remaining independent, district-scale land packages, representing a rare opportunity for investors to gain early exposure in an area with proven geological endowment and high-value acquisition potential. With road access, nearby infrastructure and recent forest fires having cleared ground for new exploration, the conditions are optimal for discovery.
The company's strategy is further strengthened by its highly experienced leadership and technical team. CEO Rick Mark brings more than 40 years of business and management experience and has overseen multiple resource companies through peak valuations for 25 years. The technical team includes industry veterans such as Louis Martin, a two-time AEMQ “Discovery of the Year” award winner, and Warren Bates, former VP exploration for Pelangio, who was instrumental in the Blackwater discovery. This team brings deep expertise in structural geology, Quebec-focused exploration, and mine development.
Harvest Gold is backed by Crescat Capital, a prominent institutional investor with a strong track record of supporting early-stage discoveries. Crescat’s investment was driven by the endorsement of their strategic advisor, Dr. Quinton Hennigh, a globally recognized exploration geologist. His confidence in the company’s land positioning and geological model is a powerful validation of Harvest’s potential.
The Mousseau gold project is Harvest Gold’s flagship asset, encompassing 193 claims across 9,735.6 hectares in the northern Abitibi Greenstone Belt of Quebec. Located just 15 kilometers east of Lebel-sur-Quévillon, the property benefits from year-round road accessibility, offering critical logistical and cost advantages for exploration. It lies immediately adjacent to claims held by Gold Fields and Cartier Resources to the north and near significant land packages staked by renowned prospector Shawn Ryan to the south, placing Mousseau in the heart of one of the most geologically fertile and active regions in Canada.
At the geological level, Mousseau straddles two major structural corridors: the Morono Shear Zone and the Kiask River Deformation Zone. Both zones exhibit classic characteristics of shear-hosted gold systems, including multiple stacked quartz-sericite shear zones with widths ranging from under one meter to over 30 meters. The property already boasts 49 significant surface gold showings and a historical, non-NI 43-101 compliant gold resource at the Morono zone. New geological mapping, combined with geophysics and geochemical sampling, confirms a large, mineralized system with excellent continuity along strike and at depth.
In 2024, Harvest Gold completed a comprehensive high-resolution airborne magnetic survey over the entire property, revealing a network of previously unrecognized structural features and magnetic domains. These insights were critical in refining drill targets, particularly in underexplored zones that were newly exposed following the 2023 wildfires. Initial compilation and fieldwork has already validated several new high-priority gold targets in both the northern (Morono) and central (Kiask River) zones of the property.
Highlights from historical and recent data include:
The company’s 2025 exploration plan includes 5,000 meters of diamond drilling focused on these defined high-priority targets, with a fully scoped budget of $1 million, aiming to unlock the project's full potential as a large-scale, high-grade discovery.
Given its scale, geological architecture, infrastructure access and strategic neighbors, Mousseau is well-placed to evolve into a tier-one asset capable of attracting major partners or acquirers.
Acquired from EGR Exploration, the Urban Barry property comprises 6,879 hectares located west of the Osisko/Gold Fields Windfall property. The project spans 20 km of favorable strike length and sits along the southern margin of the Urban Barry Greenstone Belt.
Key advantages:
Staked in 2024, LaBelle covers 3,394 hectares and represents a 9 km southeast extension of the Kiask River Fault. It mirrors the geological setting of Mousseau, with similar NW-SE oriented shear zones and structural contacts between the Wilson Pluton and volcanic sequences.
Though early-stage, LaBelle offers:
With 25 years of leadership in Canadian public resource companies, Rick Mark previously helmed VMS Ventures, North American Nickel and Pancontinental Uranium, each achieving peak valuations of C$200 million.
A Quebec-focused geological consultant with more than 40 years of experience, Louis Martin is the former VP of exploration at Clifton Star Mining, where he led the team developing the Duparquet deposit. He is a multiple-time recipient of the AEMQ “Discovery of the Year” award.
Recently VP capital markets at Tutor Gold, Pat Donnelly is a former co-founder and president of First Mining Gold, where he executed eight M&A deals growing the company’s market cap from $30 million to $600 million.
Len Brownlie brings more than 30 years of executive leadership in mining exploration. He is the former president of Goldrush Resources and director of First Silver Reserve.
Christopher Cherry has more than 15 years of experience in corporate accounting and audit for public companies. He oversees Harvest Gold’s financial strategy and compliance.
Ed Zablotny boasts over 35 years in venture capital markets with expertise in trading, credit and regulatory compliance.
Warren Bates is a veteran geologist with 30+ years in gold and base metals exploration. He is the former VP of exploration at Pelangio Exploration and part of the Blackwater deposit discovery team.
Henry Awmack is the co-founder of Equity Exploration Consultants, with over 40 years of exploration experience. He was notably involved in early work on the Cobre Panama copper-gold deposit.
Neil Richardson is a geological consultant and the VP Explorations for Hudbay Minerals. He led the team behind the discovery and development of the Reed Mine while at VMS Ventures.
Advancing the large-scale Mousseau Gold Project in Quebec’s World-class Abitibi Region
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Vancouver, British Columbia / September 11, 2025 ‑ TheNewswire - Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (" Harvest Gold " or the " Company ") announces that, subject to the approval of the TSX Venture Exchange (the " Exchange "), it has arranged a non-brokered private placement of up to 6,666,667 units of the Company (" Units ") at a price of $0.075 per Unit for aggregate gross proceeds of up to $500,000 (the " Private Placement ').
Harvest Gold President and CEO, Rick Mark, states: "One of our investors in the recently completed Private Placement has asked if we would accept a larger investment with the same terms. The board of directors of the Company has approved the request as it will allow us to do prospecting, mapping and geo chemistry on areas in the southern part of Mosseau and on LaBelle with the goal of providing new drill targets this year. It also provides us flexibility should we wish to add meters to the current drill program at Mosseau."
Each Unit will consist of one common share in the capital of the Company (each, a " Share ") and one transferable common share purchase warrant (each, a " Warrant "). Each Warrant will entitle the holder thereof to acquire one additional Share (each, a " Warrant Share ") at a price of $0.12 per Warrant Share for a period of two years following the closing date of the Private Placement.
The Company anticipates using the proceeds from the Private Placement for exploration expenses on its properties in the Urban Barry area of Quebec, Canada, and general working capital.
All securities issued will be subject to a four-month hold period pursuant to securities laws in Canada and, where applicable. Finders' fees may be payable to qualified parties.
About Harvest Gold Corporation
Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 329 claims covering 17,539.25 ha , located approximately 45-70 km east of the Gold Fields Windfall Deposit.
Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President and CEO
Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any applicable securities laws of any state of the United States, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act) or persons in the United States unless registered under the U.S. Securities Act and any other applicable securities laws of the United States or an exemption from such registration requirements is available.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities within any jurisdiction, including the United States. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES
Copyright (c) 2025 TheNewswire - All rights reserved.
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Vancouver, British Columbia TheNewswire - August 28, 2025 ‑ Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (" Harvest Gold " or the " Company ") is pleased to announce that its diamond drill program at the Mosseau Gold Project is well underway, with the first five holes successfully completed (see Figure 3).
Drilling is proceeding smoothly in the northern part of the Mosseau property, an area distinguished by numerous historical gold showings and prospective geological features. This northern part of the mineralized corridor on Mosseau represents a key focus of the Company's current program, as it offers strong potential for new discoveries in addition to increasing the size of known zones of mineralization across the area.
The drill program is on time and on budget. Harvest Gold would like to acknowledge the excellent work being carried out by its contractors. First, Forage Rouillier's team has ensured steady and efficient drilling progress. In addition, Explo-Logik has provided a dedicated technical and professional crew supporting field logistics, core logging, and drill core sampling. All of the Company's protocols and procedures are being followed, with daily drilling and core logging progress reports provided to management, ensuring that the program continues to advance safely and efficiently.
Harvest Gold has also successfully completed its regional till sampling program ahead of time and below budget across its Urban-Barry property. This initiative is designed to generate new geochemical vectors to potential gold mineralization and complements the Company's broader exploration strategy across its property portfolio. The purpose of the program is to evaluate Urban Barry's potential for blind gold occurrences through the study of gold grain dispersion in the secondary environment.
The survey was conducted on a grid consisting of NW–SE sampling lines spaced approximately 1,000 to 1,500 metres apart and oriented perpendicular to the dominant ice flow, with individual sampling sites located every ~250 metres (see Figure 4).
Of the 145 till samples originally planned, the Company successfully collected 137 samples, which contained proper surficial deposit material. Most samples were taken from depths of at least one metre, ideally below the oxidized B horizon, to reach the lodgment till. Lodgment till is a key target because it typically contains the highest proportion of material derived from proximal up-ice sources, including fragments potentially associated with gold mineralization.
Each sample collected consisted of approximately 10 kilograms of material free from cobbles and pebbles, collected by hand shovel to ensure sample integrity. The Company expects the results from this program to provide valuable guidance for defining exploration targets across Urban-Barry.
About Harvest Gold Corporation
Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold's board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.
Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha , located approximately 45-70 km west of Gold Fields Limited's - Windfall Deposit (Figure 1).
Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.
Harvest Gold's three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.
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Figure 1: Project Location: Urban-Barry Greenstone Belt
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Figure 2: Magnetic Domains across the Northern and Central Target Areas of Mosseau
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Figure 3: Progress of drill holes completed – Northern Target Area
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Figure 4: Urban-Barry Project; Till Sampling Sites
Qualified Person Statement
All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President and CEO
Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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Vancouver, British Columbia / August 14, 2025 ‑ TheNewswire - Harvest Gold Corporation (TSXV: HVG) (" Harvest Gold " or the " Company ") is pleased to provide an update on exploration activities across its 100%-owned Quebec properties, all located in the Abitibi Greenstone Belt within the Urban-Barry area. The Company has mobilized a diamond drill to commence drilling at its Mosseau property, initiated a property-wide till sampling program at its Urban-Barry project, and completed a high-resolution airborne magnetic survey over the LaBelle property and recently acquired claims southeast of Mosseau .
Rick Mark, President and CEO of Harvest Gold states: "We are all very excited to be advancing exploration on all three of our Urban-Barry area properties, simultaneously. This includes our much-anticipated 5000 meter diamond drilling program at Mosseau and an extensive first time geochemistry examination at the large Urban-Barry property. And, we have now completed a first time look at another sizable property, Labelle, through an airborne geophysics program that is continuous with the very revealing mag survey done last year on Mosseau."
Diamond Drilling at Mosseau
The diamond drill is expected to be mobilized this week to the Mosseau property. Phase I of the planned 5,000-metre diamond drilling program at Mosseau follows an extensive compilation of regional data, a high-resolution magnetic survey, and encouraging results from the soil sampling program and reconnaissance mapping and prospecting programs. Drilling will focus on high-priority targets in the northern portion of the property, which hosts numerous historical gold showings, as well as in the Central area where recent geophysical and geochemical surveys have identified several quality targets for gold mineralization (Figures 2 and 3).
Till Sampling at Urban-Barry
Harvest Gold has also commenced fieldwork at its 19 km-long Urban-Barry property, which averages 4 km in width. Limited prospecting and mapping were conducted last summer; however, due to some reasonably extensive overburden, the Company determined that a till sampling survey would be the most effective tool to evaluate the property's gold potential. The survey is being conducted by IOS Services Géoscientifiques and consists of NW-SE oriented sampling lines spaced 1,000–1,500 metres apart, perpendicular to the dominant ice-flow direction, with individual samples collected every 250–300 metres. A total of 145 samples are planned (Figure 4).
Magnetic Survey at LaBelle
This week, the Company completed a high-resolution airborne magnetic survey over the LaBelle property and newly staked claims, at a 50-metre line spacing totaling 1,368 line-kilometres (Figure 5). Conducted by Novatem Airborne Geophysics, the survey covers an area with minimal historical exploration, but is interpreted from government regional magnetic data to be the southeast extension of the mineralized corridor hosting known mineralization at Mosseau.
These programs are designed to expand the Company's exploration pipeline and support future drill targeting across its broad Quebec project portfolio.
About Harvest Gold Corporation
Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold's board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.
Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha , located approximately 45-70 km west of Gold Fields Limited's - Windfall Deposit (Figure 1).
Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.
Harvest Gold's three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.
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Figure 1: Project Location: Urban-Barry Greenstone Belt
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Figure 2: Magnetic Domains across the Northern and Central Target Areas of Mosseau
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Figure 3: Drill targets on the Mosseau property (magnetics)
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Figure 4: Till Sampling program in progress on the Urban-Barry Property
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Figure 5: Recently completed airborne magnetic survey lines on the LaBelle and Mosseau (2025) and airborne magnetic results of Mosseau (2024)
Qualified Person Statement
All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President and CEO
Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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Vancouver, British Columbia TheNewswire - August 1, 2025 ‑ Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (" Harvest Gold " or the " Company ") announces that, subject to the approval of the TSX Venture Exchange (the " Exchange ") and further to its news release of July 3, 2025, it has closed its non-brokered private placement raising gross proceeds of $2,295,549.86 (the " Offering ").
The Offering consisted of 11,660,199 units (the " Units ") at a price of $0.075 per Unit for proceeds of $874,514.93 and 13,533,666 charity flow-through units (the " CFT Units ") at a price of $0.105 per CFT Unit for proceeds of $1,421,034.93.
Crescat Capital LLC (" Crescat "), as the lead investor in the Offering, purchased 5,866,666 Units, bringing its non-diluted ownership of Harvest Gold common shares to approximately 19.73%. Crescat's participation constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (" MI 61-10 1"). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the exemptions provided in Section 5.5(c) Distribution of Securities for Cash and Section 5.7(b) Fair Market Value Not More than $2,500, 000, respectively.
Quinton Hennigh, Geologic and Technical Advisor at Crescat Capital LLC states: "Harvest Gold has, in my view, a very attractive land position over a highly prospective greenstone belt that hosts the nearby Windfall deposit. Although in the early stage, Harvest Gold's team collected solid geophysical and geochemical data that define some compelling green field targets. They are now set to conduct their first drill program to test these targets. I find it refreshing to see a company tackle something bold and new like this and look forward to seeing what they encounter."
Rick Mark, President and CEO of Harvest Gold states: "We are grateful to Crescat and the outstanding group of investors who have supported us in this round and over the past two year as we established ourselves in Quebec. I am very pleased to say that the drilling at Mosseau will begin shortly and that, concurrently, we will be exploring Urban Barry and Labelle for the first time."
Each CFT Unit is comprised of one common share of the Company (each, a " Common Share ") and one common share purchase warrant of the Company (each, a " Warrant "), each of which qualifies as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)). Each Unit consists of one Common Share and one Warrant. Each Warrant entitles the holder thereof to acquire one Common Share (each, a " Warrant Share ") at a price of $0.12 per Warrant Share for a period of two years following the closing date of the Offering (the " Expiry Date ").
The Company anticipates using the proceeds from the issue and sale of the Units for the 2025 drilling campaign, various other exploration expenses and general working capital.
The gross proceeds raised from the CFT Units will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as both terms are defined in the Income Tax Act (Canada)) (the " Qualifying Expenditures ") related to the Company's projects in Québec. The Company will renounce Qualifying Expenditures with an effective date of no later than December 31, 2025, in an amount of not less than the total amount of the gross proceeds raised from the issuance of the CFT Units, and incur such expenses by December 31, 2026.
All securities issued will be subject to a four-month hold period pursuant to securities laws in Canada, expiring on December 1, 2025.
In connection with the Offering, the Company paid finder's fees consisting of $19,790 cash and 263,867 non-transferable finder's warrants (the " Finder's Warrants ") to arm's length finders. Each Finder's Warrant is exercisable at $0.12 until the Expiry Date.
About Harvest Gold Corporation
Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 329 claims covering 17,539.25 ha , located approximately 45-70 km east of the Gold Fields Windfall Deposit.
The Company's board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.
Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President and CEO
Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Forward-looking statements in this news release include, but are not limited to, statements regarding: the final approval of the Offering by the Exchange; the anticipated commencement of drilling at Mosseau and initial exploration at Urban Barry and Labelle; the Company's exploration plans and strategy; the expected use of proceeds from the Offering; and the Company's intention to incur and renounce Qualifying Expenditures under the Income Tax Act (Canada) within the prescribed timelines.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any applicable securities laws of any state of the United States, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act) or persons in the United States unless registered under the U.S. Securities Act and any other applicable securities laws of the United States or an exemption from such registration requirements is available.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities within any jurisdiction, including the United States. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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Vancouver, British Columbia TheNewswire - July 24, 2025 ‑ Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (" Harvest Gold " or the " Company ") is pleased to announce that it has completed all aspects of preparation for a diamond drilling program slated to begin in early August 2025 at its 100%-owned Mosseau Gold Project in the Abitibi Greenstone Belt, Quebec (Figure 1). This follows an extensive regional data compilation, high-resolution magnetic survey, and encouraging results from recent fieldwork, including reconnaissance mapping, prospecting, soil sampling.
The present financing announced July 3, 2025 is expected to close on or about July 31, 2025 and, once closed, the funds will be released immediately to the related exploration contractors.
Rick Mark, President and CEO of Harvest Gold states: "I want to thank Louis Martin and the entire geological team for their excellent and extensive work in preparing for drilling at Mosseau. The quality and scale of the targets identified across this large property provide a strong foundation for what we believe is a significant discovery opportunity. We will also fly a magnetic survey on Labelle and execute a regional till sampling program on Urban Barry, both largely unexplored until now."
Phase I of the diamond drill program is expected to consist of approximately 5,000 metres of drilling and will test the highest-priority targets in both the Northern and Central portions of the property to evaluate their gold potential (Figure 2).
The Company has now identified approximately 23 priority drill targets, located in the Northern and Central parts of the Mosseau property (Figure 3), as a result of its integrated exploration efforts. These targets exhibit strong geological, geochemical, and geophysical signatures consistent with orogenic gold mineralization (Figure 4).
In addition to the Mosseau drill program, Harvest Gold will be launching two key regional exploration initiatives this summer:
A high-resolution magnetic survey over the LaBelle property, and
A property-wide till sampling survey over its Urban Barry properties.
These programs are designed to expand the Company's exploration pipeline and support future drill targeting across its Quebec project portfolio.
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Figure 1: Project Location: Urban-Barry Greenstone Belt
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Figure 2: Magnetic Domains across the Northern and Central Target Areas of Mosseau
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Figure 3: Drill targets on the Mosseau property (magnetics)
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Figure 4: Compilation and Drill targets in the Central Part - Mosseau (magnetics)
Qualified Person Statement
All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.
About Harvest Gold Corporation
Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold's board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.
Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha , located approximately 45-70 km west of Gold Fields - Windfall Deposit (Figure 1).
Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.
Harvest Gold's three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark
President and CEO
Harvest Gold Corporation
For more information please contact:
Rick Mark or Jan Urata
@ 604.737.2303 or info@harvestgoldcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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It’s been a long time coming, but it seems gold-mining stocks are finally responding to record gold prices.
The VanEck Gold Miners ETF (ARCA:GDX), whose holdings include the biggest global gold-mining companies, was up by 103.54 percent year-to-date as of Thursday (September 18).
The GDX has tracked the price and yield performance of the NYSE ARCA Gold Miners Index since its inception in May 2006. That came to an end on Friday (September 19) as it switched to the MarketVector Global Gold Miners index.
It may seem counterintuitive for global investment management firm VanEck to make a change to the index for the popular US$20.5 billion GDX, but there are plenty of good reasons.
The switch was planned a few months ago in conjunction with housekeeping that’s a routine component of exchange-traded fund (ETF) management. The move to the MarketVector Global Gold Miners Index is happening at the same time that the firm would normally rebalance the weight of its positions in GDX's underlying securities.
And the move makes sense. Not only is MarketVector a subsidiary of VanEck, but it is based on free-float market-cap-weighted methodology that many major stock indexes now use.
“By focusing only on shares available for public trading, excluding those held by insiders or restricted from the market, this method offers a more accurate reflection of market dynamics than the full-market capitalization method,” explains Investopedia, noting that this approach is used by indexes like the S&P 500 (INDEXSP:.INX).
It seems VanEck is joining the rest of the global financial community, which has transitioned away from full market-cap-weighting methodologies like that used by NYSE ARCA Gold Miners Index.
So what can GDX investors expect from this change?
They probably won’t see much difference right away besides slight adjustments to how some stocks are weighted in the fund, or which stock listing is used for companies with multiple stock listings.
For example, major miner Newmont (TSX:NEM,NYSE:NEM,ASX:NEM) — which is among the ETF’s top five holdings — will be weighted at 6.95 percent from 12.99 percent.
Chart via VanEck.
Over the long term, however, GDX may see a boost in performance, including less volatility and better liquidity, as the dead weight is cut away and the largest companies are no longer concentrated at the top. This could represent a major growth opportunity for GDX investors, especially if this bull run on gold and gold-mining stocks continues.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Lahontan Gold is on track to become a leading gold developer in Nevada’s Walker Lane district, presenting a compelling investment opportunity by combining a high-quality resource base with a clear path to production in Nevada’s premier mining jurisdiction — all in a rising gold price environment.
Lahontan Gold (TSXV:LG,OTCQB:LGCXF) is focused on advancing its portfolio of high-quality gold and silver projects in Nevada. The company’s flagship Santa Fe mine was a past producer that operated from 1988 to 1992, yielding 356,000 ounces of gold and 784,000 ounces of silver. Lahontan aims to unlock the mine’s full potential by expanding its resources and pushing forward on permitting.
The company recently completed a robust preliminary economic assessment (PEA) outlining a clear pathway to production. Permitting efforts are progressing with the Bureau of Land Management, and Lahontan anticipates being in a position to break ground by 2026.
Additionally, strategic drilling campaigns are planned to further expand the existing resource base.
The company's strategy to unlock shareholder value is to advance the Santa Fe mine toward production by derisking the project through permitting and feasibility studies, while optimizing heap leach processing for maximum recoveries and economic efficiency. Concurrently, it is unlocking value from satellite deposits, including West Santa Fe, which has high-grade oxide potential, and Moho, an early-stage project with promising historic gold and silver intercepts.
Positioned as a low-cost developer in a top-tier jurisdiction, the company maintains strong institutional support with minimal dilution risk, ensuring capital efficiency and sustainable growth.
The Santa Fe mine, located in Mineral County, Nevada, spans 26.4 sq km and represents Lahontan Gold’s flagship development project. With an updated mineral resource estimate of 1.95 Moz gold equivalent, the project hosts multiple oxide and sulfide zones that remain open for expansion.
Historical production from the Santa Fe mine yielded 356,000 oz gold and 784,000 oz silver from an open-pit heap leach operation. Modern exploration and metallurgical testing have identified additional high-grade mineralization that could support an expanded operation.
The recently completed PEA indicates strong economic potential, with favorable heap leach recoveries and low operating costs. Lahontan is actively working with the Bureau of Land Management to advance the permitting process, with the goal of achieving production readiness by 2026.
Lahontan has received confirmation from the Bureau of Land Management (BLM) that its Santa Fe Exploration Plan of Operations (POO) is now complete, paving the way for the project to enter the full environmental assessment (EA) under the National Environmental Policy Act (NEPA). The completion marks over two years of baseline studies, including biological, cultural, and historical assessments, and covers more than 12 sq km of the Santa Fe project with provision for over 700 drill sites. With this milestone, Lahontan expects to secure final POO approval in Q4 2025, enabling an expanded and robust drilling campaign in 2026.
The West Santa Fe project, situated just 13 km from the Santa Fe mine, is a highly prospective satellite project that could serve as an extension of the main operation. Historic drill data suggest the presence of a shallow oxide deposit, with early resource modeling indicating a potential gold equivalent resource of 0.5 to 1 Moz.
Lahontan is preparing for an extensive drill program in 2025 to validate and expand this resource. Geophysical surveys and geochemical sampling have identified strong structural controls on mineralization, further supporting the potential for economic extraction. Given its proximity to Santa Fe, West Santa Fe offers a compelling low-cost, high-margin opportunity for future production.
The Moho project is another 100 percent owned asset within the Walker Lane district in Nevada, presenting a longer-term growth opportunity for Lahontan. The project is characterized by historic high-grade gold and silver intercepts from past drilling, with reported grades exceeding 20 g/t gold and 300 g/t silver. Initial exploration has confirmed the presence of oxidized tertiary epithermal vein systems, which are ideal for conventional heap leach processing. Core drilling in 2019 further validated the high-grade nature of Moho’s mineralization, with significant intercepts occurring at relatively shallow depths. Lahontan plans to conduct additional exploration drilling to refine resource estimates and assess potential economic viability.
Kimberly Ann is a seasoned mining executive who has founded multiple junior mining companies and held senior roles, including CEO, president, CFO, and board member. Over the past 12 years, she has raised more than $210 million in project financing and participated in three junior mining M&A transactions. At Prodigy Gold, she led corporate communications, equity financings, and analyst engagement, playing a key role in the company’s $340 million acquisition by Argonaut Gold. As CFO and VP corporate development at PPX Mining, she successfully advanced the high-grade Callanquitas gold-silver underground mine into production in Northern Peru. In 2017, Kimberly founded Latin America Resource Group, transforming Jasperoide from two small concessions into a 57 sq km copper-gold project in Peru’s most prolific mineralized belt. Following LARG’s 2020 merger with Carube Copper to form C3 Metals, she positioned the company for significant portfolio growth and value creation.
Brian Maher is an economic geologist with over 45 years of experience in the international mining and exploration industry. Prior to Lahontan, Maher was the president, CEO and director of Prodigy Gold, where he guided the company through a period of expansive growth, exploring and developing the 6.6 Moz Magino gold deposit in northern Ontario, culminating in the $341 million acquisition of Prodigy Gold by Argonaut Gold in 2012. In 1982, he began a 16-year career with ASARCO, exploring for gold and copper deposits in a variety of geologic environments throughout North and South America. From 1998 and 2004, he was project manager for Metallic Ventures Gold, supervising underground and surface exploration, mine development and operations at an underground gold mine in Nevada.
John McNeice is a chartered professional accountant registered in Ontario, Canada, with over 30 years of experience in public company reporting, financial management, accounting and audit. Currently McNeice is the CFO of Gold79 Mines (TSXV:AUU), C3 Metals (TSXV:CCCM) and Northern Graphite (TSXV:NGC), where he is responsible for financial and regulatory reporting as well as day-to-day financial management. He has held CFO roles in seven public resource companies over the past 17 years and has overseen IPOs, RTOs and many quarterly, annual and periodic public company filings. From 2004 to 2007, McNeice was CFO of Ur-Energy, a uranium exploration and development company now a US-based producer of uranium. During his tenure, Ur-Energy raised an aggregate of $150 million in a series of private placements, the IPO and several significant secondary financings.
Josh Serfass is the executive vice-president of corporate development and investor relations at Integra Resources. Previously, he was the manager of corporate communications at Integra Gold. He was a key member of the team at Integra Gold that grew, developed and sold the past producing Lamaque mine in Val-dOr, Québec to Eldorado Gold for C$590 million in 2017. Committed to thinking differently about mining, Serfass worked with the team at Integra Gold to host the 2016 Integra Gold Rush Challenge and the 2017 #DisruptMining Challenge, initiatives that encouraged innovation and technology disruption in the mining industry.
Shane Williams is president, CEO, and director of West Red Lake Gold Mines, leading the restart of the Madsen Gold Mine. He was previously COO of Skeena Resources, advancing Eskay Creek, and VP of Operations and Capital Projects at Eldorado Gold, where he brought the Lamaque Gold Mine from PEA to production in just 18 months. As project director, he also oversaw Eldorado’s Skouries and Olympias projects with a combined US$1 billion capex, and earlier led development of Sweden’s Kaunis Iron open-pit mine from exploration to operation in 3.5 years. Williams holds a B.Eng. in Electrical Engineering and an M.Sc. in Project Management.
Evan Pelletier is a mining executive with over 30 years of underground mining experience in North America, Mongolia, Argentina, and Africa. He is currently the interim general manager of the Galena Mine with Americas Gold & Silver, and previously served as VP of Mining at Kirkland Lake (2020–2022) and mine manager at the Macassa Mine (2016–2020). At Kirkland Lake, he helped grow the company from $400 million in 2016 to $13 billion in 2022, including oversight of a nearly 2,000-metre shaft with a $450 milliom budget, delivered on time and on budget.
Max Pluss is an investment professional with experience across hedge funds, private equity, and venture capital. He is the Founder of Rhea Capital Management, backing and incubating mission-driven companies. Previously, he was an analyst at Extract Capital, a hedge fund focused on natural resource investments, and earlier advised public company CEOs on corporate development and market positioning. pluss holds a B.A. from Colorado College and M.B.A. degrees from Columbia University and London Business School.