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Harvest Gold's Final 3D IP Results Completes Pre-Drilling Exploration; Blackwater Gold Model Targeting Underway
Vancouver, British Columbia - TheNewswire – October 21, 2021 - Harvest Gold Corporation (“Harvest”, “Harvest Gold” or the “Company”) (TSXV:HVG) is pleased to an
About this update from Harvest Gold Corporation
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire – October 21, 2021 - Harvest Gold Corporation (“Harvest”, “Harvest Gold” or the “Company”) (TSXV:HVG) is pleased to announce that it has successfully completed its 2021 pre-drilling exploration with the receipt of the final 3D IP inversions for its 100% owned Au-Cu Emerson Property (the “Emerson Property”). The 56 km2 Emerson Property comprises 14 contiguous mineral claims located 15 km west of Houston, B.C. with a nearby railroad, high voltage powerline and gas pipeline. It is 100% owned by Harvest Gold. Henry Awmack, Emerson Property co-vendor and member of Harvest Gold’s Geoscience Advisory Board, states: “The survey has enlarged the favourable quartz-sericite-pyrite alteration zone indicated by the RAB drilling and added the third dimension of depth, resulting in a very large volume of rock with high chargeability and low resistivity. This is believed to represent highly altered, sulphide-rich material which requires drill testing.” Harvest Gold CEO, Rick Mark, states: “It has taken a full 10 months, but we have used each well-planned exploration step to remove as much risk as possible ahead of the decision to drill. My thanks go to Equity Exploration, an invaluable partner in this scientific enterprise, our outstanding Technical Team for their diligence and guidance and to our ‘early adopting’ brokers and shareholders who have made this possible.” 3D IP PROGRAM RESULTS The 3D IP program, executed and interpreted by Dias Geophysics, was chosen because of its impressive data collection capability and modeling. The resultant inversions show a strong, cohesive chargeability high anomaly (>40 mV/V), which forms a tabular body measuring 1000 metres x 1800 metres in plan and 300 metres in thickness, dipping gently to the south. (See figure 1) The chargeability anomaly strikes northwest southeast and remains open to the northwest past the limits of the IP grid. The chargeability high anomaly is accompanied by extremely low resistivity (<100 ohm-m). It shows that the strong quartz-sericite-pyrite alteration revealed by the top-of-bedrock RAB drilling is the surface expression of this impressive chargeability anomaly. The chargeability high and resistivity low are favourable indicators for the presence of highly altered, sulphide-rich rock in this region. (See Figure 2). Harvest Gold ha...