Last Update: 11/19/2010 1:23:39 PM
VANCOUVER, BRITISH COLUMBIA, Nov 19, 2010 (Marketwire via COMTEX) --Harvest Gold Corporation(HVG) (the "Company") is pleased to announce that it has staked 125 100%owned unpatented lode claims on the south pediment of the RobertsMountains in Eureka County, Nevada. The RW claims cover approximately4.04 square miles (1,045 hectares) in the southern BattleMountain-Eureka Trend and are approximately three miles south of theGold Pick, Gold Ridge, Cabin Creek, and Hunter cluster of depositscontrolled by US Gold and known as their Gold Bar project. The Gold Barmine, formerly operated by Atlas Precious Metals, is approximately 5.7miles (9.2 km) west-northwest of the RW claims. The Gold Bar, Gold Pick,Gold Ridge, Gold Stone, and Gold Canyon deposits have producedapproximately 500,000 oz Au. US Gold reports current measured,indicated, and inferred resources totaling 996,744 oz Au for its GoldBar project. The Company believes the RW claims are prospective for thediscovery of multi-million ounce Carlin-type ore bodies, based onproximity to known Carlin-type deposits, projections of mineralizedtrends, and geophysical and geochemical anomalies on or projecting ontothe claims.
The RW property is situated within a gravel-covered portion of theRoberts Mountains Window, in which Devonian carbonate units structurallybelow the Roberts Mountains Thrust are uplifted and exposed in theRoberts Mountains. Certain of these Devonian units are hosts to theCarlin-type gold deposits to the north and are interpreted to occur atrelatively shallow depths at the RW claims. A west-northwest trendinggravity high, parallel to the alignment of deposits in the RobertsMountains, extends to the east-southeast from the Gold Bar mine onto theRW claims. Preliminary gravity data suggest that depth to basement onthe majority of the RW claim block is between 500 ft (150 m) and 1,000ft (300 m).
A soil geochemical survey undertaken by the Company shows discrete northand west-northwest trending gold responses that cross much of the claimblock. Arsenic, antimony, and other Carlin-type pathfinders are alsoenriched in these zones. The west-northwest gold response isapproximately 3.7 miles long and at least 0.8 miles wide. This goldanomaly has the same orientation as the Gold Pick/Gold Ridge cluster ofdeposits. The most prominent north-trending gold response isapproximately 2.7 miles long, 0.4 miles wide, and projects into theHunter gold deposit approximately 1.6 miles north of the RW claims.
Several companies have carried out previous work, including a fewshallow drill holes, within or adjacent to Harvest's claim block. Thecompany is in the process of acquiring as much of this information aspossible and compiling and integrating this information into itsdatabase. Harvest plans to collect additional soil geochemical data andgeophysical data in order to develop drill targets within this largeland position.
Greg Hill, President of Harvest Gold USA, states: "We are pleased to addthe RW claims to our portfolio of gold properties and we continue toreview opportunities to acquire additional quality propertiesprospective for gold and silver in Nevada."
Greg Hill, Certified Professional Geologist, is the Qualified Person whohas reviewed the contents of this news release.
Harvest Gold Corporation is a mineral exploration company working inNevada, USA and Manitoba, Canada. In Nevada, the Company has an optionto acquire 100% of the Rosebud Mine property, and a generative goldproperty at Garcia Flats in the South Carlin Trend. In Manitoba, Harvestis exploring three groups of claims in the Rice Lake Gold Belt of southeastern Manitoba and at Assean Lake, Manitoba.
This news release may contain forward-looking statements which include,but are not limited to, comments that involve future events andconditions, which are subject to various risks and uncertainties. Exceptfor statements of historical facts, comments that address resourcepotential, upcoming work programs, geological interpretations, receiptand security of mineral property titles, availability of funds,uncertainties of resource and reserve estimations, and others areforward-looking. Forward-looking statements are not guarantees of futureperformance and actual results may vary materially from thosestatements. Fluctuations in metals prices, availability of financing,and general business conditions are all factors that could cause actualresults to vary materially from forward-looking statements.
On behalf of the Board of Directors,
John Roozendaal, President
Harvest Gold Corporation
SOURCE: Harvest Gold Corporation
Harvest Gold Corporation
Keith Patey
Director of Communications
(604) 986-2020 or Toll Free: 1-866-816-0118
(604) 986-2021(FAX)
www.harvestgoldcorp.com
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