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Friday 10th of February 2012
Friday, March 21, 2008

Harvest Gold to complete drilling at Lesavage North property

Harvest Gold to complete drilling at Lesavage North property

Harvest Gold Corporation says that its winter exploration program at the Lesavage North Project is nearing completion. Eight of a planned nine holes are finished and the ninth hole is underway. In total, the program will include approximately 2,000 meters of drilling. The Lesavage North Property is located in the Rice Lake Gold Belt, approximately 20 km east of the mining community of Bissett, Manitoba.

One drill hole has tested the eastwards extension of the mineralization encountered in Zone 3 discovered during the 2006 drill program. Two holes tested the mineralization intersected in the Red Hill Zone in 2005 and six holes were drilled on geochemical and IP and magnetic survey geophysical targets within the swampy area both south and east of the Red Hill Zone.

The core will be logged in detail and sampled in April and assay results released when the processing is completed in May.

The Red Hill Gold Zone was discovered in 2005 and previous drilling has resulted in intercepts of up to 7.5 g/t over 2 meters and several other intervals as high as 3.4 g/t gold in adjacent holes.

The Wanipigow fault zone, present in a large swamp south of Red Hill, is the major structural feature in the region and can be traced eastwards for several hundred kilometers where it passes through both the Red Lake gold camp and smaller Pickle Lake gold camp in Ontario. 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, were one focus of this program.

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.

The Company controls a large segment of rocks that have been interpreted by Company and government geologists to be equivalent to the Balmer sequence at Red Lake, which hosts much of the gold in the Red Lake gold camp. In addition, the major crustal break on the property extends to the Red Lake Gold Camp some 80 km to the east.

 


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