Harvest Gold drilling to resume in central area of Mosseau – Richard Mills

2025.11.05

Harvest Gold (TSXV:HVG) is exploring three large 100%-owned gold exploration properties in the world-renowned Abitibi region of Quebec, the seventh-ranked mining and exploration jurisdiction in the world.

The properties combined cover over 50 km of favorable strike along mineralized shear zones.

The Abitibi is a geological formation dominated by Gold Fields (NYSE:GFI). Harvest Gold controls three large prospective land packages (Urban Barry, Mosseau and La Belle) all overlaying the same geological contact within the Urban Barry Greenstone Belt.

The Mosseau is where Harvest Gold has focused their drilling; it has a north, central and southern area, where La Belle is connected onto it; it’s their flagship project.

In April Harvest raised $150,000 through a private placement led by Crescat Capital. By taking down about 40% of the private placement, Crescat became a 14.19% owner in Harvest Gold.

According to Crescat’s geologic & technical advisor Quinton Hennigh, the Mosseau in the western part of the Urban Barry belt is a mirror image, early-stage version prospective version of Gold Fields’ Windfall deposit.

Urban Barry to the northeast hasn’t had much work at all, and La Belle to the southeast is unexplored.

In June Harvest Gold released the soil geochemical surveys on a mineralized corridor in central Mosseau called the Kiask River Mineralized Corridor, the KRMC. The important thing about this area and why they did this geochemical survey was the fault.

All three properties are close to each other and all of them are in contact with the granite of the Wilson pluton. For non-geologists this doesn’t mean a lot but understand that these contacts are where the big deposits lie. And here the contact is between the granites and the volcanics, and then you’ve got cross-cutting structures that go through that contact, which can act as a trap for gold.

This is why I’m so excited about the central area. If you look at the map of Mosseau you’ll see a large structure running right through the middle, and that’s where they did all the work on the KRMC in the summer of ’24.

Results from the soil geochemical program highlight distinctive gold targets. HVG had a greater than 98th percentile gold Z score; the extremely high values are clearly defining eight zones in and parallel to the KRMC.

When Harvest Gold looked at these results from the Kiask River Mineralized Corridor in the center of Mosseau, they confirmed three gold trains that were already known mineralization; another five are brand new. And they’re also associated with magnetic highs and geologically you see the diorite and the gabbros there, so to me that’s an excellent target.

On July 24 HVG announced they identified 23 priority drill targets in the central and north parts of Mosseau.

Drilling began in August, with 5,000 meters planned in a first phase. The company also completed a high-resolution magnetic survey over Mosseau and La Belle in September, and a property-wide till sampling survey of Urban Barry at the end of August.

As of Oct. 3, 14 holes at Mosseau had been completed, totaling 3,030 meters. The three most recent holes targeted the central portion of the property, where historical prospecting and diamond drilling work suggested strong potential and continuity of the gold mineralization.

On Nov. 4 HVG announced the latest update on its drill program at Mosseau. Diamond drilling is to resume on the central area of the property — a scheduled 2,800 meters.

“I am pleased to report that roads are being cut through the more wooded, much less explored central area at Mosseau. The core drill is on its way and drilling is expected to begin tomorrow,” President and CEO Rick Mark stated in Tuesday’s news release. “These targets are important to the unfolding story of Mosseau as they are in a large area on the eastern side of the Kiask River Mineralized Corridor that has not been drilled.”

The central area of Mosseau has seen significantly less exploration in the past, so there is little existing infrastructure such as access roads in this more heavily wooded area. ATI (Authorization for Impact-Causing Exploration) permits, which were delayed unexpectedly for almost 10 days, were issued late last week.

The company is currently engaged in cutting and preparing new drill access roads and now has drill pads ready to go at the first three drill sites. HVG’s contract drilling company, Forage Rouillier, has mobilized a flatbed truck to transport the drill to the first target in this newly targeted area of Mosseau (Figure 1).

According to Harvest Gold, assay results from the northern area program have taken longer than expected. Assay labs are extremely busy as the Quebec summer field season is ending, and samples from prospecting, soils and drill programs are arriving at the same time. The company expects the first northern area batches of holes to be released shortly.

IOS Geosciences has completed the prospecting and mapping components of the fall field exploration program on the southern part of Mosseau and the Labelle properties. The soil sampling component is now well underway with four field crews on site and is expected to be completed this week (Figure 2).

Harvest Gold Corp.
TSXV:HVG
Cdn$0.08 2025.11.04
Shares Outstanding: 88.1 million
Market Cap: $9.0m
HVG website

Richard (Rick) Mills
aheadoftheherd.com

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Richard owns shares of Harvest Gold Corp. (TSX.V:HVG). HVG is a paid advertiser on his site aheadoftheherd.com This article is issued on behalf of HVG