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Friday 03rd of September 2010
Friday, February 15, 2008

Harvest to commence drill program

Story link: Harvest to commence drill program
by Jo Black
Harvest to commence drill program

Harvest Gold Corporation announces that a diamond drilling program will commence this week on the Lesavage North Property, in the Rice Lake Gold Belt, located approximately 20 km east of the mining community of Bissett, Manitoba.

The program will consist of 1200m to 2000m of diamond drill testing of targets in three areas of the property. Drilling will re-examine the gold mineralization discovered in 2005 at the Red Hill Zone and investigate the structural controls to gold mineralization at the Red Hill Zone. Several gold intercepts were made in 2005 at Red Hill, including 7.5 g/t over 2 metres in hole L-05-01 and several other intervals as high as 3.4 g/t gold in adjacent holes.

The program will also test a new zone identified during the second drill program in the summer of 2006, that is closely associated with a zone of deformation and banded iron formation approximately 300 m southeast of Red Hill. This iron formation was also intersected in holes drilled below and at the west end of the Red Hill Zone, where it contained up to 1 g/t Au.

There is a regional shear zone present in a large swamp south of Red Hill. It contains an extensive zone of strong resistivity and underlies the swamp where the property vendor and the Company have identified strong geochemical gold anomalies. Gold drill targets, which are only accessible in winter when the swamp is frozen, are included in this program.

VP Exploration, Dr. George Gale states, our upcoming drilling will test ideas we have developed over the past 3 years about the geological controls to gold mineralization in the area. The geological setting at Rice Lake makes the area prospective for classic Archean aged, lode gold systems such as those mined across the provincial border at Red Lake, Ontario.

The gold discovered at Red Hill is associated with very fine-grained pyrite and arsenopyrite within a zone of ankerite (iron-magnesium carbonate) and silica alteration, which is a common type of alteration found in association with many gold deposits. Other occurrences of the same type of alteration are located in a large fold structure and the regional shear zone that runs the entire length of the property.

 

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