(via TheNewswire)
The compilation of all historical gold showings from diamond drilling, channel sampling and grab samples by previous operators on Mosseau back to 1949 is complete. This has now been incorporated with the structural study incorporating high-resolution magnetics, LiDAR, digital elevation models and geological field structural measurements.
Since the Company can now observe the key shear zones and important cross cutting fault zones at Mosseau, it is able to identify the mineralized shear zones and structural features important for hosting gold mineralization (Figure 1).
Three important styles of mineralization have been identified on the property in relation to the magnetic patterns observed.
Large dilation zones have been identified by the recognition of a change in magnetic domains(Figure 2). Within these dilation zones, several secondary structural features are interpreted, including the historical Morono deposit that has been traced for 1 km along strike.
Intersecting NE and NW trending magnetic features located in the NW corner of the property appear to be important sites in focusing the gold mineralization (Figure 3). Numerous gold showings are located at many of these sites, possibly representing intersections of NW trending stratigraphic shear zones and NE trending fault structures.
Liner NW-SW trending magnetic high features in the central part of the property were observed that corresponded to shear zones identified in the field. Figure 4 illustrates the strong correlation between the known gold mineralization and the magnetic high features. Numerous other targeted shear zones are also identified by similar, parallel magnetic features.
Ongoing compilation work will include assessing the potential strike extension of these promising horizons, updating the property scale geology map and selecting priority prospecting targets for this summer.
Among other things, the Company is planning a geochemical survey on key parts of the Mosseau Property and has forwarded work tenders to several companies specializing in carrying out geochemical programs.
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Figure 1: Magnetic (TMI) coverage of
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Figure 2: Magnetics and Gold Showing – Morono Area
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Figure 3: Magnetics and Gold Showing – NW Area
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Figure 4: Magnetics and Gold Showing – Central Area
Qualified Person Disclosure
The disclosure of technical or scientific information in this press release has been reviewed and approved by Louis Martin,
About
ON BEHALF OF THE BOARD OF DIRECTORS
President and CEO
For more information please contact:
@ 604.737.2303 orinfo@harvestgoldcorp.com
Neither
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statementsinclude market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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