Harvest Gold Identifies Significant AU-AG-CU Halo Associated With The Structural / Magnetic Feature On Mosseau

(TheNewswire)

Vancouver, British Columbia / January 8, 2026 ? TheNewswire - Harvest GoldCorporation (TSXV: HVG) (“Harvest Gold” or the “Company”) ispleased to announce the second series of assay results from its maidendrill program at its Mosseau property in the Urban Barry Belt inQuebec’s Abitibi region.

Rick Mark, President and CEO of Harvest Gold, stated:“As we finish reporting on our 11-hole Northern area program, we areexcited to have found new, complex and sizable mineralization in ourpreviously identified ‘dilation zone’, which our geo teaminterprets to have the types  of fluids and traps that can hidedeposits.  The thick intervals and widespread Au-Ag-Cu mineralizationsoutheast of the Morono deposit, within this structural dilation zone,indicate a regionally extensive and significant gold system. Elevatedbackground values and consistent mineralogical associations supportthis interpretation. The gold-rich mineralization, accompanied byprecious and base metals, shares key similarities with severalwell-known, gold-rich base metal deposits in the Abitibi.”

Drill Program Highlights: Second Batch of DrillHoles

• Drilling focused on a major structural feature interpreted as a largedilation zone, based on Harvest Gold’s 2024 high-resolution magneticsurvey. (see Figure 1)  

• The most southerly hole to date, located 330 m to the SE of the Moronodeposit, intersected multiple intervals with anomalousand coincidental Au-Ag-Cu mineralization over the length of thehole (MO-25-24). 

• A hole testing the down-dip extension of the Morono depositintersected several wide zones of anomalous Au and Cumineralization over core lengths of 10 to 19 metres(MO-25-22). 

• Highest grade assays from the second batch of 5 drill holes include 2.40 g/t Au over 1.4 m (MO-25-21) and 1.26 g/t Auover 1.5 m (MO-25-20)  

This brecciated gold-rich base metal mineralization provides new andcompelling exploration targets.

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Figure 1: Recent Drill Holes completed in the DilationZone (Magnetics VG2) - Northern Area

Drilling Program Summary and Significant AssayResults

The Mosseau drill program was completed in December andincluded twenty-one (21) drill holes, totalling4,692 metres (Figure 1). Assay results have now been reported for thefirst eleven (11) holes of the planned drill program (Figure2). This press release includes the second and final batch ofassay results from the northern part of the property.

These five holes targeted the structural or dilation zone interpretedfrom the high-resolution magnetic survey completed by Harvest Gold in2024 The 5 holes being reported tested the historical Morono S & PTrench target area, the historical, non 43-101 Morono deposit at depthand the SE extension of that Morono deposit where previous prospectinghad identified Au-Cu mineralization in boulders.

The highest assays from the second batch of drill holes included 2.40 g/t Au over 1.4 m (MO-25-21) and 1.26 g/t Au over 1.5 m (MO-25-20). Both of theseintersections were hosted in sheared volcanic rocks with disseminatedto small veinlets of sulphides and local quartz veining in the area ofMorono S&P showings.

Hole MO-25-22 tested the down-dip extension of the Morono depositat a vertical depth of 325 m. Severalsubstantially wide intersections of anomalous gold or copper wereintersected over widths of 10 to 19 m.  The most notableintersections included 0.14% Cu over 10.0 m(165.0-175.0m), 0.13 g/t Au over 19.0 m(188.0-199.0m) and 0.12% Cu over 10.0 m(305.0-315.0m). Much of this mineralization contains both shear andbrecciated style mineralization (Figure 4).  

Hole MO-25-24 was the most southeasterly of the holes drilled in thenorthern part of the property and tested the area over300 m to the SE of the Morono deposit. This target area washighlighted by previous prospecting work by Vior Inc. that identifiedAu-Cu rich boulders on surface. Hole MO-25-24 intersected multiple anomalous Au-Ag-Cu intervals over much of thelength of the drill hole. The results of this hole highlight a slightly different style of mineralogy than thatpreviously seen on the property, with a goodcorrelation of Au-Ag-Cu assays over multipleintersections throughout the hole. This style of Au-Ag-Cumineralization is similar to a recent sulphide zone reported fromdrilling in the northern part of the property, which included 8.67 g/tAu, 203.0 g/t Ag and 2.26% Cu over 0.6 m in hole MO-25-15 (refer tothe Company’s press release date November 25, 2025). The host rocksin MO-25-24 are more typically sheared mafic volcanics with sulphidesalong the fractures and associated with quartz veins. The drill holeindicates excellent potential for a larger deposit and the possibilityof expanding the mineralization towards the east within the dilationzone, in an area that remains largely untested.

The collar details for Holes MD-25-20 to MD-25-34 areshown in Table 1. Significant assay results from the additional fiveholes reported are presented in Table 2. True widths of themineralized zones are not known at this time. The Qualified Person(QP) is not aware of any drilling, sampling, recovery, or otherfactors that could materially affect the accuracy or reliability ofthe assay data disclosed in this news release.  

Diamond drill results for the final ten holes in the Central Area ofthe Mosseau property, where the company had identified severalcoincidental soil geochemical anomalies associated with airbornemagnetic features (July 24, 2025), are pending

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 377 claims covering 20,016.87ha, located approximately 45-70 km west of Gold FieldsLimited’s - Windfall Deposit (Figure 3).

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 favorable strike along mineralized shearzones.

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Figure 2: Mosseau drill holes completed by Harvest Gold– Northern and Central Target Areas

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Figure 3: Recent completed drill holes - 2025 (NorthernArea)

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Figure 4: Style of Mineralization – Broad Zones(MO-25-22)

Table 1: Drill Collar Locations (holes completed todate)

Drill collar coordinates in UTM NAD83, Zone 18

Table 2: Significant assay results table from holesMd-25-20 to MD-25-24 at Mosseau

Reported intervals are drilled core lengths (truewidths have not yet been determined)

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Figure 5: Project Location: Urban-Barry GreenstoneBelt

Sampling, QAQC, and Laboratory Analysis Summary

All core logging and sampling completed by Harvest Goldas part of its diamond drilling program is subject to a strictstandard for Quality Control and Quality Assurance (QAQC), whichinclude the insertion of certified reference materials (standards),blank materials, and field duplicate analysis. NQ-diameter sawedhalf-core samples from the drilling program at Mosseau were securelysent by Company geologists to AGAT Laboratories Ltd. (AGAT), withsample preparation in Val-d’Or, Québec and analysis in Thunder Bay,Ontario, where samples were processed for gold analysis by 50-gramfire assay with an atomic absorption finish. Samples from selectedholes were securely sent to AGAT in Calgary, Alberta, formulti-element analysis (including silver) by inductively coupledplasma (ICP) method with a four-acid digestion. AGAT samplepreparation and laboratory analysis procedures conform to requirementsof ISO/IEC Standard 17025 guidelines and meet the requirements underNI 43-101 and CIM best practice guidelines. AGAT is independent ofHarvest Gold.

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.

ON BEHALF OF THE BOARD OF DIRECTORS

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 its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof 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.

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