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Harvest Announces Plans to Validate Blackwater Gold Deposit Analog Model with Near Surface Drilling at Emerson
(via TheNewswire) Vancouver, British Columbia - TheNewswire - September 9, 2020 - ...
About this update from Harvest Gold Corporation
[{"type":"text","content":"Harvest Announces Plans to Validate Blackwater Gold Deposit Analog Model with Near Surface Drilling at Emerson(via TheNewswire)\n \n \nVancouver, British Columbia - TheNewswire - September 9, 2020 - Harvest Gold Corporation (TSXV:HVG) (\"Harvest Gold\" or the \"Company\") announces that a review of technical data on the recently acquired 50 Km2 (5,000 ha) Emerson project has provided historic drill log evidence of a strong mineralized system that is gold bearing and that has many similarities to Artemis Gold Inc.'s Blackwater Gold Project, located in central B.C., 200 km southeast of Emerson in a similar geological setting (Figure 1). \n\n\n \nHenry Awmack, P.Eng., who developed the Emerson project is a member of Harvest Gold's technical advisory board and states:\n\n\n \n\"Artemis Gold's recent $210+ million purchase of the Blackwater Project from New Gold has revitalized exploration in the Interior Plateau of B.C. The discovery of Blackwater in 2009 highlighted the potential for Cretaceous age volcanic and plutonic rocks to host bulk tonnage precious metal deposits. The Harvest Gold Emerson Project's setting has similar geology, alteration, geophysical features and soil geochemical signatures to Blackwater. \n\n\n \nIn 1968, AMAX, a major molybdenum producer at the time, drilled four holes at Emerson, exploring its molybdenum potential and assaying only for copper and molybdenum. That drilling was unsuccessful in finding molybdenum mineralization but intersected wide intervals of intense quartz-sericite-pyrite alteration penetrated by abundant hairline quartz veinlets. The drill logs indicate wide zones of this alteration ranging from 102 to 230 veinlets per metre over the entire length of their first drill hole which stopped at 298 metres, representing the hallmark of a strong hydrothermal system. What has us excited is that our surface grab samples of this alteration near the drill collar of this hole shows gold anomalism with gold values up to 0.762 g/t\".\n\n\n \nHarvest Gold's President and CEO Rick Mark said: \"The realization that Emerson has many geological similarities to Blackwater and has known pervasive, near surface alteration that is gold bearing within a ~4 square kilometer chargeability high has our entire team excited. We are now advancing exploration plans to include airborne magnetics, IP and reconnaissance ...