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(TheNewswire)
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Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold ” or the “Company ”) is pleased to announce the finalization of drill targets for its planned diamond drill program at the Company’s Mosseau Project, located in the Urban-Barry Greenstone Belt of Quebec (Figure 1).
Rick Mark, President and CEO of Harvest Gold, states: “Our geological team has done a tremendous job in compiling and collating the many datasets from the historic work of many companies in the northern area of Mosseau. They also built a new database for the central area with Harvest Gold’s 2024 air and ground programs data, captured using today’s technologies, layered over the data from historic work done sporadically. Drill permits are secured and a drill contract for a 5,000-metre program is signed. We are ready to drill.”
The planned 5,000 metre diamond drill program will focus on testing near-surface gold targets in two key areas of the property, the northern and central areas. (Figure 2, Figure 3, Figure 4). Both of these areas host similar geological, geophysical and structural features:
The more known northern area hosts numerous gold showings that remain open along strike and at depth.
The central area, and particularly the Kiask River Mineralized Corridor, has seen very limited historical exploration and was the focus of Harvest’s 2024 field work.
The drill targets have been developed through a detailed review and integration of:
- Historical showings
- Previous exploration work, including Induced Polarization and geological mapping surveys
- High-resolution airborne magnetic surveys
- Prospecting and reconnaissance mapping
- Soil sampling program
These exploration efforts have highlighted fifteen high-priority targets that can host significant gold mineralization. The planned drill program will also be the first systematic testing of the central area of Mosseau and is the beginning of unlocking the mineral potential of the Mosseau Project.
Permits Secured from Quebec Government
Harvest Gold is pleased to report that it has received the required Authorization to Initiate (ATI) permits from the Quebec Government, allowing the Company to proceed with its upcoming drill program. The ATI permits cover the planned drill sites and associated activities for the next two years, ensuring the program is compliant with all regulatory requirements.
Drill Contract Awarded to Forage Rouillier
The Company is also pleased to announce that it has awarded the drill contract for the upcoming program to Forage Rouillier Drilling, based in Amos, Quebec. Forage Rouillier is a highly regarded, locally-based contractor with extensive experience drilling in the Abitibi region. Harvest Gold looks forward to working with Forage Rouillier to execute the program safely and efficiently.
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.
Figure 1: Project Location: Urban-Barry Greenstone Belt
Figure 2: Drill targets in the northern part of the Mosseau property (Geology)
Figure 3: Drill targets in the central part of the Mosseau property (Geology)
Figure 4: Drill targets in the central part of the Mosseau property (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.
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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Harvest Gold
Investment Insight
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.
Overview
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.
Company Highlights
- Flagship Mousseau Project: Large-scale, advanced-stage exploration property with multiple confirmed gold-bearing shear zones.
- Tier-one address: All projects located in Quebec’s Urban Barry Greenstone Belt where Gold Fields recently acquired Osisko Mining’s world-class Windfall deposit and much of the rest of the Urban Barry belt.
- Institutional Backing: Crescat Capital, with renowned Advisor, geologist Dr. Quinton Hennigh, owns approximately 19 percent of Harvest Gold.
- Skilled Technical Team: Leadership includes seasoned geologists and executives with proven discovery and development track records.
- Favourable Jurisdiction: Operates in Quebec, a politically stable, mining-friendly province with excellent infrastructure and low exploration costs.
- Strategic Timing: Recent forest fires have unveiled new outcrops, offering rare exploration advantages. Gold is trading at an all-time high.
Key Projects
Mousseau Gold Project
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:
- High-grade gold intersections in both drill core and surface trenching, such as 93.02 grams per ton (g/t) gold over 0.6 metres and 27.79 g/t gold over 1.5 metres (Trench 1B)
- Shear zones at Morono display continuity of mineralization at depth, with intersections such as 4.42 g/t gold over 7.6 metres and 3.07 g/t gold over 4.11 metres
- Presence of associated copper and silver mineralization in some zones, indicating polymetallic exploration potential
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.
Urban Barry Property
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:
- Analogous geological setting to Windfall and Gladiator
- Road-accessible with mapped deformation zones and quartz-vein hosted gold indicators
- 2024 magnetic surveys and fieldwork completed; drilling strategy is in development
LaBelle Project
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:
- District-scale exploration potential
- Proximity to Harvest’s other assets for operational synergy
- Favorable structural and lithological environment
Management and Geological Team
Rick Mark – President, CEO and Chair
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.
Louis Martin – Senior Technical Advisor, Quebec Exploration
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.
Pat Donnelly – Independent Director
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 – Independent Director
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 – CFO and Director
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 – Independent Director
Ed Zablotny boasts over 35 years in venture capital markets with expertise in trading, credit and regulatory compliance.
Warren Bates – Geological Team
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 – Geological 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 – Geological Team
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
Harvest Gold Announces Non-Brokered Private Placement
Vancouver, British Columbia TheNewswire - July 3, 2025 ‑ Harvest Gold Corporation (TSXV: HVG) (" Harvest Gold " or the " Company ") announces that, subject to the approval of the TSX Venture Exchange (the " Exchange "), it is proceeding with a non-brokered private placement to raise aggregate gross proceeds of approximately $2,200,000 (the " Offering "). Under the Offering, the Company will raise up to approximately $800,000 through the issuance and sale of units of the Company (the " Units ") at a price of $0.075 per Unit, and up to approximately $1,400,000 through the issuance and sale of charity flow-through units (the " CFT Units ") at a price of $0.105 per CFT Unit.
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 (a " Warrant "), each of which qualifies as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and 359.1 of the Taxation Act (Québec)). 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 Company anticipates using the proceeds from the issue and sale of the Units for the 2025 drilling campaign, various 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 and, where applicable, the Exchange Hold Period. 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.
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.
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
Harvest Gold Announces Annual General Meeting Results
(TheNewswire)
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Vancouver, British Columbia / June 13, 2025 ‑ TheNewswire - Harvest Gold Corporation (TSXV: HVG) (" Harvest Gold " or the " Company ") is pleased to announce the results of its annual general meeting (the "AGM") held on June 12, 2025. All resolutions presented to the shareholders were approved with over 99% of votes cast being in favour of each resolution.
A total of 21,129,144 common shares were voted representing 23.97% of the issued and outstanding common shares. As a result,
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Dale Matheson Carr‑Hilton Labonte LLP was re-appointed as the auditor of the Company
-
The number of Directors was set at five with the following nominees elected as directors: Richard Mark, Christopher P. Cherry, Edward Zablotny, Patrick Donnelly and Len Brownlie.
-
The Company's 10% Rolling Stock Options Plan was re-approved.
Following the AGM, the board appointed Len Brownlie (Chair); Edward Zablotny and Patrick Donnelly to its Audit Committee and Patrick Donnelly (Chair) and Edward Zablotny to its Compensation Committee.
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.
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.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Harvest Gold Identifies 15 Primary And 10 Secondary Targets For Its Diamond Drill Program At Its Mosseau Project In Quebec
(TheNewswire)
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Vancouver, British Columbia / June 12, 2025 ‑ TheNewswire - Harvest Gold Corporation (TSXV: HVG) (" Harvest Gold " or the " Company ") is pleased to announce the finalization of drill targets for its planned diamond drill program at the Company's Mosseau Project, located in the Urban-Barry Greenstone Belt of Quebec (Figure 1).
Rick Mark, President and CEO of Harvest Gold, states: "Our geological team has done a tremendous job in compiling and collating the many datasets from the historic work of many companies in the northern area of Mosseau. They also built a new database for the central area with Harvest Gold's 2024 air and ground programs data, captured using today's technologies, layered over the data from historic work done sporadically. Drill permits are secured and a drill contract for a 5,000-metre program is signed. We are ready to drill."
The planned 5,000 metre diamond drill program will focus on testing near-surface gold targets in two key areas of the property, the northern and central areas. (Figure 2, Figure 3, Figure 4). Both of these areas host similar geological, geophysical and structural features:
The more known northern area hosts numerous gold showings that remain open along strike and at depth.
The central area, and particularly the Kiask River Mineralized Corridor, has seen very limited historical exploration and was the focus of Harvest's 2024 field work.
The drill targets have been developed through a detailed review and integration of:
-
Historical showings
-
Previous exploration work, including Induced Polarization and geological mapping surveys
-
High-resolution airborne magnetic surveys
-
Prospecting and reconnaissance mapping
-
Soil sampling program
These exploration efforts have highlighted fifteen high-priority targets that can host significant gold mineralization. The planned drill program will also be the first systematic testing of the central area of Mosseau and is the beginning of unlocking the mineral potential of the Mosseau Project.
Permits Secured from Quebec Government
Harvest Gold is pleased to report that it has received the required Authorization to Initiate (ATI) permits from the Quebec Government, allowing the Company to proceed with its upcoming drill program. The ATI permits cover the planned drill sites and associated activities for the next two years, ensuring the program is compliant with all regulatory requirements.
Drill Contract Awarded to Forage Rouillier
The Company is also pleased to announce that it has awarded the drill contract for the upcoming program to Forage Rouillier Drilling, based in Amos, Quebec. Forage Rouillier is a highly regarded, locally-based contractor with extensive experience drilling in the Abitibi region. Harvest Gold looks forward to working with Forage Rouillier to execute the program safely and efficiently.
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.
Click Image To View Full Size
Figure 1: Project Location: Urban-Barry Greenstone Belt
Click Image To View Full Size
Figure 2: Drill targets in the northern part of the Mosseau property (Geology)
Click Image To View Full Size
Figure 3: Drill targets in the central part of the Mosseau property (Geology)
Click Image To View Full Size
Figure 4: Drill targets in the central part of the Mosseau property (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.
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
Sun Summit Minerals: Advancing District-scale Gold and Copper Projects in British Columbia
Sun Summit Minerals (TSXV:SMN,OTCQB:SMREF) is a Canadian mineral exploration company advancing district-scale gold and copper projects in British Columbia. Its flagship JD Project, located in the prolific Toodoggone district, is the focus of an aggressive 5,000-meter drill program in 2025 targeting a potential multi-million-ounce epithermal gold-silver system.
With funding in place, a five-year exploration permit secured, and an on-site camp established, Sun Summit is executing a disciplined strategy to build scale, unlock resource value, and deliver returns to shareholders. Reinvigorated by a revamped leadership team and a refined vision, the company is leveraging high-grade, strategically located assets to drive long-term growth.
The JD and Theory projects cover over 25,000 hectares in the heart of British Columbia’s Toodoggone mining district, one of Canada’s most prospective regions for epithermal gold-silver and porphyry copper-gold systems. The district hosts several significant deposits, including Thesis Gold’s Ranch and Lawyers projects (4.7 Moz gold equivalent, ~C$250 million market cap), Centerra Gold’s Kemess underground development, and TDG Gold’s Shasta-Baker project. The area is well supported by infrastructure, including hydroelectric grid access, all-season roads, and the nearby Sturdee airstrip.
Company Highlights
- Aggressive Discovery Strategy: Sun Summit Minerals is actively advancing the JD and Buck projects in BC, targeting epithermal gold-silver and porphyry copper-gold systems. A fully funded 5,000-meter drill program at JD underway in 2025, aiming to define a multi-million-ounce resource.
- Strategic Location: Both assets are situated in prolific and mining-friendly regions of British Columbia. The flagship JD project lies in the Toodoggone district—home to Thesis Gold and Centerra’s Kemess Mine, while Buck is near the Blackwater, Huckleberry, and Equity Silver mines in central BC.
- Re-rate Potential Opportunity: Trading at just ~$7/oz gold equivalent (EV/oz) based on Buck alone, with no value currently ascribed to JD, the company represents a deep value opportunity compared to the next-door neighbour Thesis Gold trading at ~$50/oz. Success at the drill bit from the ongoing drill program at JD could drive the potential re-rating.
- Fully Funded for 2025: A recent C$10M raise (May 2025) enables a robust exploration program, including drilling, geophysics, and soil sampling. The company is well-positioned to achieve its 2025 and 2026 exploration milestones without further dilution.
- Experienced, Capital Markets-Savvy Leadership: CEO Niel Marotta brings capital markets acumen from Fidelity and Orezone. The broader team includes senior geologists and advisors with decades of success in gold discoveries and mine development in BC.
- Positioned for Consolidation: With majors like Freeport, Centerra, and Skeena investing heavily in adjacent properties, Sun Summit is strategically located and advancing at the right time in the Lassonde Curve to benefit from industry-wide M&A and consolidation trends.
This Sun Summit Minerals profile is part of a paid investor education campaign.*
Click here to connect with Sun Summit Minerals (TSXV:SMN) to receive an Investor Presentation
Sun Summit Minerals
Investor Insight
Sun Summit Minerals is targeting the delineation of a multi-million-ounce gold-silver resource at its flagship JD project. With strategic positioning in an emerging consolidation hotspot, compelling valuation metrics, and a track record of discovery, Sun Summit is primed to deliver substantial value creation in the coming quarters.
Overview
Sun Summit Minerals (TSXV:SMN,OTCQB:SMREF) is a Canadian mineral exploration company focused on developing its district-scale gold and copper projects in British Columbia. The company’s flagship JD Project, located in the Toodoggone district, is undergoing an aggressive 5,000-meter drill campaign in 2025 aimed at delineating a multi-million-ounce epithermal gold-silver system.
Complementing JD is the company’s Buck project, a large, bulk-tonnage gold-silver system near Houston, BC, with an initial NI 43-101 resource estimate and significant exploration upside.
With capital in hand, a five-year exploration permit secured, and a camp established at JD, Sun Summit is executing a focused strategy to build scale, unlock resource potential and drive shareholder value. The company has taken lessons from its past and re-emerged with a sharpened vision, an overhauled team and assets that are not only high-grade but strategically located to create shareholder value.
Company Highlights
- Aggressive Discovery Strategy: Sun Summit Minerals is actively advancing the JD and Buck projects in BC, targeting epithermal gold-silver and porphyry copper-gold systems. A fully funded 5,000-meter drill program at JD underway in 2025, aiming to define a multi-million-ounce resource.
- Strategic Location: Both assets are situated in prolific and mining-friendly regions of British Columbia. The flagship JD project lies in the Toodoggone district—home to Thesis Gold and Centerra’s Kemess Mine, while Buck is near the Blackwater, Huckleberry, and Equity Silver mines in central BC.
- Re-rate Potential Opportunity: Trading at just ~$7/oz gold equivalent (EV/oz) based on Buck alone, with no value currently ascribed to JD, the company represents a deep value opportunity compared to the next-door neighbour Thesis Gold trading at ~$50/oz. Success at the drill bit from the ongoing drill program at JD could drive the potential re-rating.
- Fully Funded for 2025: A recent C$10M raise (May 2025) enables a robust exploration program, including drilling, geophysics, and soil sampling. The company is well-positioned to achieve its 2025 and 2026 exploration milestones without further dilution.
- Experienced, Capital Markets-Savvy Leadership: CEO Niel Marotta brings capital markets acumen from Fidelity and Orezone. The broader team includes senior geologists and advisors with decades of success in gold discoveries and mine development in BC.
- Positioned for Consolidation: With majors like Freeport, Centerra, and Skeena investing heavily in adjacent properties, Sun Summit is strategically located and advancing at the right time in the Lassonde Curve to benefit from industry-wide M&A and consolidation trends.
Key Projects
JD & Theory Projects
The JD & Theory projects span more than 25,000 hectares in the heart of the Toodoggone mining district in north-central BC, one of Canada’s most prospective belts for epithermal gold-silver and porphyry copper-gold systems. The district is home to Thesis Gold’s Ranch and Lawyers deposits (4.7 Moz gold equivalent, C$250 million market cap), Centerra’s Kemess underground development, and TDG Gold’s Shasta-Baker project. Infrastructure around the project includes hydroelectric grid access, the nearby Sturdee airstrip and all-season roads.
The JD project hosts a 4.5 km mineralized corridor, known as Creek-Finn, with multiple underexplored targets showing evidence of both high-grade veins and broad disseminated gold systems. Historic and recent drill highlights include:
- 2.1 grams per ton (g/t) gold over 122.5 m including 121 g/t gold over 1.5 m (CZ-24-004)
- 11.7 g/t gold over 22 m including 61.2 g/t gold over 4 m (CZ97-008)
- 7.3 g/t gold over 35.7 m including 215.4 g/t gold over 1 m (JD95-0472)
The Creek Zone features high-grade epithermal veins within broader disseminated zones, supported by strong IP anomalies and gold-in-soil results up to 12.2 g/t gold. The Finn Zone hosts near-surface mineralization with extensive historical drilling (~270 holes) and is open in all directions. Other targets include McClair (porphyry copper), East McClair (copper-gold skarn) and Moosehorn.
The 2025 program includes 5,000 meters of core drilling across 25 holes, 20 km of IP geophysics, 2,000+ soil samples, and full-scale camp operations. A five-year permit secured in April 2025 provides exploration continuity through 2030.
Camp setup at JD project
Sun Summit can earn 100 percent of the JD project by making staged cash/share payments and completing work commitments through 2029. With ~C$6 million earmarked for the project this year alone, Sun Summit is expected to fulfill its 2025 and 2026 earn-in obligations without additional equity raises.
Buck Project
The 100 percent owned Buck project spans 52,000 hectares and is located near key deposits, including Artemis Gold’s Blackwater (8 Moz gold), Imperial’s Huckleberry copper mine, and Newmont’s historic Equity Silver mine. Buck features near-surface bulk-tonnage gold-silver mineralization with porphyry copper-molybdenum potential at depth.
In February 2025, Sun Summit published its inaugural NI 43-101 mineral resource:
- Indicated: 1.15 Mt @ 0.519 g/t gold equivalent (19,100 oz)
- Inferred: 52.2 Mt @ 0.489 g/t gold equivalent (820,400 oz)
Mineralization remains open in all directions. Buck is considered a strategic asset providing leverage to rising gold prices and future transaction potential, but currently receives minimal capital allocation as JD is prioritized.
Management Team
Niel Marotta – Chief Executive Officer and Director
Niel Marotta has more than two decades of capital markets experience, including a successful tenure at Fidelity (FMRCo.), where he managed the top-performing Select Gold Fund and oversaw >$1 billion in AUM. He was previously VP at Orezone Resources, where he helped lead its C$350 million acquisition by IAMGOLD. Marotta has raised over $1 billion in financing and is driving Sun Summit’s transition from a legacy explorer to a discovery-focused value generator.
Brian Lock – Executive Chairman
A veteran of the mining industry with 40+ years of executive experience, Brian Lock has led multiple public companies, including Castle Peak Mining and Scorpio Gold. His expertise spans project development, M&A and corporate governance.
Waseem Javed – Chief Financial Officer
A seasoned mining CFO, Waseem Javed ensures disciplined capital deployment and financial controls. His experience spans junior explorers and mid-tier producers across Canada and the US.
Ken MacDonald – VP Exploration
Ken MacDonald is a registered professional geologist with over 30 years in mineral exploration and permitting in BC. Formerly with the BC Mines Branch and multiple juniors, he leads Sun Summit’s technical programs and NI 43-101 compliance.
Christopher Leslie – Technical Advisor
An expert in porphyry and epithermal systems, Christopher Leslie led the discovery of the 8 Moz Blackwater deposit while at Richfield Ventures, and later served as VP exploration for Tower Resources. He was instrumental in advancing the JD-Theory project during its prior ownership.
Robert D. Willis – Senior Advisor
Founder of several successful exploration companies, including Pioneer Metals and Manhattan Minerals, Robert Willis has 35+ years of technical and executive experience across North and South America.
Terry Salman – Strategic Advisor
Founder of Salman Partners and one of Canada’s most influential mining financiers, Terry Salman has backed dozens of successful juniors over a 40-year career in mining investment banking.
Aurum Resources
Investor Insights
Aurum Resources offers a compelling value proposition through its highly prospective gold assets in Côte d'Ivoire, a fast-emerging gold region in West Africa. Its cost-effective exploration strategy of drill rig ownership also distinguishes it from its peers.
Overview
Aurum Resources (ASX:AUE) is a mineral exploration company primarily focused on gold through its Boundiali and Napié gold projects in Côte d’Ivoire, West Africa.
Côte d'Ivoire's gold mining sector is experiencing significant growth and development, with several key projects contributing to the country's economic expansion. The overall gold mining sector in Côte d'Ivoire is supported by substantial investments in infrastructure and exploration.
Geopolitically, Côte d'Ivoire outperforms most developing countries in the world in political, legal, tax and operational risk metrics. Additionally, Côte d'Ivoire continues to make notable strides in its political stability and Absence of Violence and Terrorism Index.
Boundiali Gold Project – BD Target 1 Artisanal Working
Aurum has entered into a Bid Implementation Agreement with Mako Gold for Aurum to acquire 100 percent of the issued shares in Mako. This proposed merger will allow both Aurum and Mako security holders to benefit from the combination of Aurum’s strong balance sheet and exceptional drilling efficiencies with AU$23 million in cash at the end of December 2024 to support work programs targeted at further resource definition across Aurum and Mako’s assets in northern Côte d'Ivoire. Aurum is currently in its final phase of compulsory acquisition of remaining Mako shares after it received over 90 percent acceptance of MKG shares in late January 2025.
Following its takeover of Mako Gold, Aurum holds 90 percent of the Napié Project located 30 km southeast of the city of Korhogo and covers a strike length of 30 km over a highly prospective land package of 224 sq km.
The merger is backed by a highly experienced board and management team with extensive gold experience from grassroots discovery, through to resource drill-out, feasibility studies, project finance, and production.
With a strong financial position backed by the recent $35.6 million private placement, Aurum is well-funded to execute exploration and development plans focused on delivering value for shareholders through resource growth and project advancement.
Company Highlights
- Aurum Resources is a precious metals company with exploration prospects in the same greenstone belt as the Syama (11.5 Moz), Sissingué (1.0 Moz), Tongon (5.0 Moz) and Kone Gold (4.5 Moz) deposits of West Africa.
- A total of 2.5Moz gold resource in Côte d'Ivoire, West Africa:
- Boundiali - 1.6Moz Gold Project
- Napié - 0.87Moz Gold Project
- Aurum operates its own drill rigs, allowing the company to significantly reduce its exploration costs relative to peers.
- Management has a track record of creating value for shareholders from exploration through to project development, mine construction and gold production.
- Strong leverage to increasing gold prices that will benefit from a declining interest rate environment and rising global geopolitical risk factors.
- Well-funded for more than 12 months and over 100,000 metres of diamond drilling programs and metallurgical study
- Aurum’s acquisition of 100 percent of Mako Gold’s issued shares (ASX:MKG) is in its final stage of compulsory acquisition of the remaining MKG shares after Aurum received over 90 percent acceptance in late January 2025.
Key Projects
Boundali Gold Project
The Boundiali gold project in Cote d’Ivoire is located within the Boundiali Greenstone Belt, which hosts Resolute’s Syama gold operation (11.5 Moz) and the Tabakoroni deposit (1 Moz) in Mali. Neighbouring assets also include Barrick’s Tongon mine (5 Moz) and Montage Gold’s Kone project (4.5 Moz).
The Boundiali project area covers the underexplored southern extension of the Boundiali belt, where a highly deformed synclinal greenstone horizon traverses finer-grained basin sediments, and to the west, Tarkwaian clastic rocks lie in contact with a granitic margin. The project benefits from year-round road access and excellent infrastructure.
The first stage of drilling at Boundiali occurred from late October 2023 to end of November 2024 for both the BM and BD tenements (BM1 and BM2; BD1, BD2 and BD3 targets) and was designed to test below-gold-in-soil anomalies oriented along NE trending structures, define new gold prospects and define maiden JORC resources. With over 63,000m diamond holes drilled during this period, Maiden JORC gold resources estimate was delivered in late December 2024.
Drilling costs are estimated at US$45 per metre, as Aurum owns all of its eight drilling rigs and employs its operators, representing a significant value proposition relative to peers who use commercial drilling companies that charge upwards of $200 per meter. The company believes there is potential for multi-million ounce gold resources to be defined with hundreds thousands meters of drilling over years within the Boundiali Gold Project’s land holding areas.
The Boundiali gold project comprises four contiguous granted licenses: PR0808 (80 percent interest), PR0893 (80 percent and earning to 88 percent interest), PR414 (100 percent interest), and PR283 (earning to 70 percent interest). Historic exploration at PR0893 includes 93 AC drill holes and four RC holes. Airborne geophysical surveying, geological mapping and extensive soil sampling have also been performed at PR0893, while PR0808 has had 91 RC holes drilled for 6,229 metres along with geochemical analysis and modeling. Detailed geochemical sampling and drilling at PR414 revealed three strong gold anomalies and returned impressive high-grade results.
Following the renewal of its Boundali South (BST) exploration licence in September 2024, drilling at the Nyangboue deposit is planned for H1 2025 and H2 2025. Previous exploration at BST has returned impressive results, including 20 m at 10.45 g/t gold from 38 meters, and 30 m at 8.30 g/t gold from 39 m.
In May 2024, Aurum entered a strategic partnership agreement to earn up to a 70 percent interest in exploration tenement PR283, to be renamed Boundiali North (BN). Aurum, through subsidiary Plusor Global Pty Ltd, has partnered with Ivorian company Geb & Nut Resources Sarl and related party (GNRR) to explore and develop the Boundiali North (BN) tenement which covers 208.87sq km immediately north of Aurum’s BD tenement. Further to this agreement,
Aurum announced it has earned 80 percent project interest after completing more than 20,000 m of diamond core drilling.
Boundiali Project JORC Mineral Resource Estimate
Aurum has announced a maiden independent JORC mineral resource estimate of 1.59 Moz gold for its 1,037 sq. km. The Boundiali Gold Project comprises the BST, BDT1 & BDT2, BMT1 and BMT3 deposits. Drilling is ongoing on these deposits, and Aurum has identified other prospects at Boundiali which have yet to be drilled. Since October 2023, the company has completed an extensive 63,927-metre diamond drilling program. This aggressive exploration campaign has rapidly defined a significant gold resource of 50.9 Mt @ 1.0 g/t gold for 1.6 million ounces.
Growth Plans for the Boundali Project:
- Aggressive cost-effective exploration at Boundiali: Aurum is committed to a large-scale exploration program at Boundiali. This includes:
- 100,000 m diamond drilling: Up to eight diamond drill rigs will complete 100,000m of drilling at Boundiali in 2025. The program has multiple aims:
- Increase the size and confidence of current resources at BST, BD, and BM (40,000m).
- Advance known prospects (30,000m) for incorporation into two planned MRE updates in 2025.
- Target new prospects identified through soil anomalies and geological mapping to drive resource growth into 2026 (30,000m).
- Resource expansion: Drilling aims to expand the known resources at the BST, BD, and BM deposits.
- New discoveries: Exploration and scout drilling is planned on BD, BM and BST tenements to test new targets and create a pipeline of new discoveries to flow into resource growth.
- Boundiali resource updates: Aurum plans to deliver two MRE updates for Boundiali in 2025.
- Pre-Feasibility Study: Aurum is working towards completing an open pit PFS for the Boundiali Gold Project by the end of 2025. This will provide an evaluation of the project's economics and technical feasibility.
- 100,000 m diamond drilling: Up to eight diamond drill rigs will complete 100,000m of drilling at Boundiali in 2025. The program has multiple aims:
Napié Gold Project
Aurum holds a 90 percent interest in the Napié Project in north-central Côte d’Ivoire, acquired through its takeover of Mako Gold. Located approximately 30 km southeast of Korhogo, the project covers a 224 sq km land package with a 30 km strike length along the highly prospective Napié Shear Zone.
As of June 2022, Napié hosts a JORC 2012 Mineral Resource Estimate of 868,000 ounces of gold (22.5 Mt at 1.20 g/t Au), based on the Tchaga and Gogbala deposits—two of four known prospects along the shear. To date, only 13% of the Napié Shear has been explored, leaving substantial potential for further discoveries.
Napié Project – Previous results with detailed mapping area on Komboro Prospect shown in black rectangle
Project Highlights:
- Gold Resource: Shallow open pit 0.87Moz JORC Resource at 1.20g/t Au, with mineralisation open along strike and at depth. Maximum resource depth between 160 m – 195m across the two deposits
- Exploration Upside: Less than 13 percent of the 30 km Napié Shear has been explored, offering significant potential for resource growth.
- Drilling Commenced in June 2025: 30,000 m of diamond drilling has commenced to expand the project's resource.
- Preliminary Recovery Test Work: Returned more than 94 percent average gold recoveries.
- Resource Growth Target: First MRE update planned end of 2025, to significantly expand the resource base.
- Infrastructure: Excellent access to hydroelectricity, roads, and water, supporting future development.
Management Team
Troy Flannery – Non-Executive Chairman
Troy Flannery has more than 25 years’ experience in the mining industry, including nine years in corporate and 17 years in senior mining engineering and project development roles. He has a degree in mining engineering, masters in finance, and first class mine managers certificate of competency. Flannery has performed non-executive director roles with numerous ASX listed companies and was the CEO of Abra Mining until October 2021. He has worked at numerous mining companies, mining consultancy and contractors, including BHP, Newcrest, Xstrata, St Barbara Mines and AMC Consultants.
Dr. Caigen Wang – Managing Director
Dr. Caigen Wang founded Tietto Minerals (ASX:TIE), where he led the company as managing director for 13 years through private exploration, ASX listing, gold resource definition, project study and mine building to become one of Africa’s newest gold producers at its Abujar gold mine in Côte d’Ivoire. He holds a bachelor, masters and PhD in mining engineering. He is a fellow of AusIMM and a chartered professional engineer of Institution of Engineer, Australia. Wang has 13 years of mining academic experience in China University of Mining and Technology, Western Australia School of Mine and University of Alberta, and over 20 years of practical experience in mining engineering and mineral exploration in Australia, China and Africa. Other professional experience includes senior technical and management roles in mining houses, including St. Barbara, Sons of Gwalia, BHP Billiton, China Goldmines PLC and others.
Mark Strizek – Executive Director
Mark Strizek has nearly 30 years’ experience in the resource industry, having worked as a geologist on various gold, base metal and technology metal projects. He brings invaluable geological, technical and development expertise to Aurum, most recently as an executive director at Tietto Minerals’, which progressed from an IPO to gold production at the Abujar gold project in West Africa. Strizek has worked as an executive with management and board responsibilities in exploration, feasibility, finance and development-ready assets across Australia, West Africa, Asia and Europe.
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