MARKET WIRE NEWS

Harvest Gold Expands Its Mosseau Property Along Strike To The North And South Adding 24 Claims And 8 Additional Mineral Showings

Source: TheNewsWire

(TheNewswire)

 

Vancouver, British Columbia / March12, 2026 ? TheNewswire -Harvest GoldCorporation (TSXV: HVG) (“Harvest Gold” orthe “Company”) is pleased to announce that it has entered into definitiveagreements (the “Agreements”) to acquire 24 additionalmineral claims covering 1,356 hectares (the “Claims”) from twoseparate arm’s length prospector groups in the Urban BarryGreenstone Belt of Quebec.

The block of six (6) claims and four (4) claims to thesouth are underlain by the Kiask River Deformation Zone and, whencombined with Harvest Gold’s LaBelle property, provide continuous coverage overapproximately 33 kilometres of strike length of favourable geologysouth of the Wilson intrusion (see Figure1).


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Figure 1: Newly Acquired MineralClaims

With this acquisition, Harvest Gold’s land positionin the highly prospective Urban Barry Greenstone Belt now totals 401mineral claims covering 21,372.81 hectares and over 50 kilometres ofstrike length of favorable and potentially mineralized structures,strategically located within the Urban Barry Greenstone Belt (SeeFigure 2).

 

Rick Mark, President and CEO of Harvest Gold, states:“This expansion enhances our strategic footprint in the Urban BarryGreenstone Belt. Importantly, it connects Mosseau and LaBelle and nowcovers the entirety of the Kiask River Deformation Zone. Historicalresults and surface showings from only a small portion of the nowexpanded Mosseau property underscore the strong exploration potentialacross the largely underexplored, 100% owned land package.

 

Strategic Expansion of the MosseauProject

The Claims acquired by Harvest Gold cover 1,356hectares in the Urban Barry Greenstone Belt of Quebec. The Claimsexpand the Company’s Mosseau Project along strike, both to the northand south, incorporating areas of favourable geology with documentedhistorical gold and base metal showings. Historical work documented inthe government's database (SIGEOM) has outlined five (5)additional mineral showings in the north part of the Mosseau property,extending into the Toussaint Deformation Zone and three (3) mineralshowings to the south, adjoining the Mosseau and LaBelle properties(Figure 1).

Northern Showings within theToussaint Deformation Zone include:

  • Domtar 116 (Blueberry): 4.4% Cu, 46.0 g/t Ag, 1.38 g/tAu over 0.18 m (DDH) 

  • Domtar 111 (Beehler Vein): 0.69 g/t Au, 3.09 g/t Ag,0.22% Cu, 0.23% MoS? over 0.61 m (channel sample) and 1.4 g/t Au,0.86% Cu (grab sample) 

  • Rivière Wilson: 1.0 g/t Au (grab sample) 

  • Verneuil-BV-92-01: 1.23 g/t Au over 0.27 m(DDH) 

  • Verneuil-Serem Est: 1.41 g/t Au over 1.5 m(DDH) 

Southern Showings – Kiask RiverDeformation Zone

  • Lac Labrie: 47.32 g/t Au over 0.3 m (DDH), 22.3 g/t Auover 0.9 m (DDH), 119.67 g/t Au (float sample) 

  • Labrie 2: 1.65% Zn, 1.11% Pb (grab samples) 

  • Lac Labrie SE: 2.06 g/t Au, 4.46 g/t Ag over 0.61m(DDH) 

The block of six (6) claims and Four (4) claims to thesouth are underlain by the Kiask River Deformation Zone and, whencombined with Harvest Gold’s LaBelle property, provide continuouscoverage over approximately 33 kilometres of strike length offavourable geology south of the Wilson intrusion The Audet-Robertclaim blocks were purchased from Jean Robert, Les Explorations Carat,9495-6976 Québec Inc. (the “Audet-Robert Vendors”) and the Gaudreaultclaim block was purchased from Daniel Gaudreault (the “Gaudreault Vendor”).

Transaction Terms - Audet-Robert Claim Blocks

As consideration for a 100% interest in theAudet-Robert claim blocks, Harvest Gold has agreed to provide theAudet-Robert Vendors with:

  • $60,000 in cash, with $30,000 payable upon receivingTSX Venture Exchange (the Exchange”) approval to the transaction and$30,000 payable by June 30th, 2026; 

  • 750,000 common shares of the Company (the Shares”), withone-half (1/2) of the Shares to be issued upon receiving Exchangeapproval to the transaction and one-half (1/2) of the Shares to bedelivered by June 30th, 2026.  The Shares will be subject to astatutory resale restriction period of four months from the date ofissuance of the Shares in accordance with Canadian securitieslaws. 

  • The Audet-Robert Vendors will retain a 1% Net SmelterReturn (NSR) royalty, of which 0.5% (50%) may be repurchased byHarvest Gold for $750,000. 

Transaction Terms - Gaudreault Claim Block

As consideration for a 100% interest in the Gaudreaultclaim block, Harvest Gold will provide the Gaudreault Vendor with$5,000 in cash.

No finder’s fees are payable in connection with thetransactions.

The Agreements remain subject to regulatory approval bythe Exchange.

NI 43-101 Disclosure – HistoricalData

The historical exploration results referenced in thisnews release were completed by previous operators and have not beenindependently verified by Harvest Gold. Although the Company considersthe historical work to be relevant and reliable, it has not completedsufficient work to verify these historical results and does not relyon them for the purposes of this disclosure. The historicalinformation is presented solely to provide context for currentexploration results and ongoing exploration planning.

The true widths of the reported historical drill andchannel sampling intervals have not been determined. Grab samples areselective by nature and may not be representative of the overallmineralization on the Mosseau Project.

 

Qualified Person Statement

All scientific and technical information in this newsrelease has been prepared and approved by Louis Martin, P.Geo.,Technical Advisor to the Company and considered a Qualified Person forthe purposes of NI 43-101.

Mr. Martin has reviewed and verified the historicalassay results reported in SIGEOM and has not identified any errors oromissions during the data verification process. The Company and Mr.Martin are not aware of any factors related to sampling or recoverythat could materially affect the accuracy or reliability of thehistorical data disclosed herein.

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near-surface gold depositsand copper-gold porphyry deposits in politically stable miningjurisdictions. Harvest Gold’s board of directors, management teamand technical advisors have collective geological and financingexperience exceeding 400 years.

Harvest Gold has three active gold projects focused inthe Urban Barry area, totalling 401 claims covering 21,372.81ha, located approximately 45-70 km west of Gold FieldsLimited’s - Windfall Deposit (Figure 2).

Harvest Gold acknowledges that the Mosseau Gold Projectstraddles the Eeyou Istchee-James Bay andAbitibi territories.  Harvest Gold is committed to developingpositive and mutually beneficial relationships based on respect andtransparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle,together cover over 50 km of favourable strike along mineralized shearzones.


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Figure 2: Project Location:Urban-Barry Greenstone Belt

 

ON BEHALF OF THE BOARD OFDIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or
info@harvestgoldcorp.com

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

Forward Looking Information

This news release includes certain statements that maybe deemed "forward looking statements". All statements inthis news release, other than statements of historical facts, thataddress events or developments that Harvest Gold expects to occur, areforward looking statements. Forward looking statements are statementsthat are not historical facts and are generally, but not always,identified by the words "expects", "plans","anticipates", "believes", "intends","estimates", "projects", "potential" andsimilar expressions, or that events or conditions "will","would", "may", "could" or"should" occur.

Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results may differ materially from those in theforward-looking statements. Factors that could cause the actualresults to differ materially from those in forward looking statementsinclude market prices, exploitation and exploration successes, andcontinued availability of capital and financing, and general economic,market or business conditions. Investors are cautioned that any suchstatements are not guarantees of future performance and actual resultsor developments may differ materially from those projected in theforward-looking statements. Forward looking statements are based onthe beliefs, estimates and opinions of the Company’s management onthe date the statements are made. Except as required by securitieslaws, the Company undertakes no obligation to update theseforward-looking statements in the event that management'sbeliefs, estimates or opinions, or other factors, shouldchange.

Copyright (c) 2026 TheNewswire - All rights reserved.

Harvest Gold Corp.

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