Harvest Gold to Commence Drill Program at the CUD Claim, Rice Lake Gold Belt, Manitoba

Vancouver, B.C., January 23, 2012. Harvest Gold Corporation (TSX.V: HVG) (the “Company”)  is pleased to announce that a Diamond drilling program is set to commence on its 100% owned  CUD claim Property, located 8-kms east of San Gold's operating gold mine in the Town of Bissett, Manitoba.

The CUD claim is located immediately north of claims held by San Gold on which their #2-3 gold zones are located (see Figure 1). The drill program will test two strong Induced Polarization (IP) geophysical anomalies associated with a shear zone developed within volcanic rocks of the Rice Lake Gold Belt. The favourable volcanic package that hosts the San Gold 1 zone and San Gold # 2-3 zones extends onto our property.  

A 9.3 km IP survey was completed last summer by Abitibi Geophysics outlining  six strong chargeability anomalies (C-01 to C-06) and four discrete anomalies (C-07 to C10). The most promising targets are C-04 and C-05 which form a somewhat continuous east-west trend across the grid.  Anomaly C-04 is the strongest chargeability anomaly observed on the property.

A prospecting program was completed in the fall, following up the IP targets recommended by Abitibi Geophysics.  The C-04 IP anomaly comprises quartz vein material within a silicified and sericitized altered shear zone.  Two holes are planned to test the strongest conductivity sections of this target (see Figure 2). 

The IP anomalies are within 75 metres of surface and will be tested by two 125 metre holes. CLICK HERE TO READ MORE