Business
Harvest Gold Announces Start of Exploration Program at High Grade Gold/Silver Cerro Cascaron Project
(via TheNewswire) Vancouver, British Columbia / TheNewswire / June 22, 2017 - Harves...
About this update from Harvest Gold Corporation
[{"type":"text","content":"Harvest Gold Announces Start of Exploration Program at High Grade Gold/Silver Cerro Cascaron Project(via TheNewswire)\n\n \nVancouver, British Columbia / TheNewswire / June 22, 2017 - Harvest Gold Corporation (TSX.V: HVG) (\"Harvest Gold\" or the \"Company\") is pleased to announce the initiation of a CDN$225,000 Phase 1 exploration program at its high-grade Cerro Cascaron gold/silver project in Mexico. Harvest Gold can earn up to an 80% interest in Cerro Cascaron from Evrim Resources Corp (TSX.V: EVM) (\"Evrim\"). The project covers 69 square kilometres in a historic Colonial-era mining district in the prolific Sierra Madre Occidental precious metals belt of western Chihuahua State, Mexico.\n\n\n \nHarvest Gold's' President and CEO Rick Mark states: \"As we promised our shareholders we are now beginning our Phase 1 exploration program at Cerro Cascaron. I am impressed with the technical team's attention to detail and their very specific objectives. We will provide regular updates as we prepare for a minimum 3,000 metre drill program at this highly prospective property the fall of 2017.\" \n\n\n \nPhase 1 Exploration Plans \n\n\n \nField preparations are underway to begin a fully funded Phase 1 Field Program developed by Harvest Gold and Evrim that will require approximately two months. The Phase 1 work program will begin by the end of June and will be operated by Evrim' s knowledgeable and experienced field crews. The program will include:\n\n\n \n(i) a 15-day program to open two historic adits, which we expect will expose the working faces of the related veins and breccias and provide for more thorough sampling of these targets. Both adits are believed to be in the critical zone just below the Upper Volcanic Sequence and Lower Volcanic Sequence contact. Previous surface sampling of these targets provided rock chip samples of up to 30.9 g/t gold on a vein in the Cascaron vein field and up to 2.72 g/t gold and 1,170 g/t silver at La Cascarita. Readers are cautioned that rock chip samples are selected samples and are not necessarily representative of the mineralization hosted on the property. Readers should refer to Evrim's press releases dated June 8 and August 17, 2016 and Harvest Gold press releases dated June 8 and 15, 2017 for a full description of the exploration results. \n\n\n \n(ii), a 25-day detailed B-horizon soil geoc...