Harvest Gold Discovers Significant Gold-Silver-Copper Halos In The Northern Part Of The Mosseau Property

(TheNewswire)

Vancouver, British Columbia / January 29, 2026 ? TheNewswire - Harvest GoldCorporation (TSXV: HVG) (“Harvest Gold” or the “Company”)is pleased to announce the results of a detailed reviewof current and historical drilling data conducted in light of theCompany’s 2025 drilling program.  This work has identified severalsignificant near-surface Au-Ag-Cu halos in the northern portion of theMosseau Property, its flagship property in the Urban Barry Beltin Quebec’s Abitibi region.

Rick Mark, President and CEO of Harvest Gold,stated: “Our most recent press releaseannounced, among other things, 10 and 19-meter widths of anomalousgold or copper at depth below the historic, non 43-101 Morono golddeposit. We realized we had identified something new, forty plus yearsafter the last Morono drill program. We also realized samples were notanalysed for copper and silver during historic drilling. That led ourGeological team to evaluate the historical data of the entire Northarea of Mosseau. This new understanding of the area’s mineralizationchanged our thinking.”

Louis Martin, geologist for Harvest Gold in Quebecstates: “The identification of broad, near-surface gold with Ag-Cupathfinders from historical drilling significantly strengthens theinterpretation of our 2025 drill results. Re-evaluating the Mosseaudata using this model continues to improve our understanding of themineralizing system and provides a strong technical basis fortargeting and additional drilling in the northern part of theproperty.”

Following the reporting of wide gold intersections withassociated anomalous silver and copper from the 2025 drill program(see Harvest Gold press releases dated January 8,2026), the Company initiated asystematic re-evaluation of historical drill results to identifysimilar styles of mineralization. This review applied a lower goldcut-off grade than used by previous operators to better define broadzones of mineralization consistent with the Au and Ag-Cu pathfindersrecognized in the Harvest Gold 2025 drilling.

As a result of this new analytical perspective,multiple significant Au-Ag-Cu halos have been identified withinseveral key target areas on the Mosseau Property.  Critically, thisallows the Company to narrow its focus to three principal areas ofinterest, including Trench #1, the Morono Gold Deposit, and what werethought to be isolated targets along the northern boundary of theproperty (see Figure 1, Figure 2).

Examples of broad Au-Ag-Cu halos from holes drilled bySOQUEM in 2001 (GM59164) in the area of Trench #1 include:

• 1.44 g/t Au over 26.2 metres (hole 1217-01-13) 

• 3.37 g/t Au over 14.1 metres (hole 1217-01-14) 

Both drill holes also returned anomalous silver andcopper values directly associated with the higher-grade goldintervals, similar to the results observed in the 2025 drilling byHarvest Gold (see Table 1).

At the Morono Gold Deposit, several wide historicalintersections—locally extending up to 35.36 metres—furtherillustrate the potential for extensive gold halo development. Selectedhistorical intersections include:

• 3.84 g/t Au over 8.4 metres (M-4-88) 

• 3.05 g/t Au over 7.62 metres (M-12-87) 

• 2.66 g/t Au over 8.35 metres (M-25-87). 

Importantly, most of these historical intercepts occurat shallow depths and near surface, highlighting the potential forbulk-tonnage and open-pit style mineralization, subject to additionaldrilling and future economic studies.

Based on these results, Harvest Gold has expanded itsunderstanding of the Northern area of Mosseau and believes it nowgenerates an expanded opportunity and is contemplating a follow-updrill program in the northern portion of the Mosseau Property. Theproposed program would consider up to 40 diamond drill holes totallingup to 6,000 metres to further test and expand these newly discoveredAu-Ag-Cu halo zones.

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 1: Northern part of Mosseau showing gold halos(metal factor)

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Figure 2: Northern part of Mosseau showing gold halos(metal factor) on magnetics

Table 1: Historical drill hole intersections withanomalous Au halos

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

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Figure 3: Project Location: Urban-Barry GreenstoneBelt

NI 43-101 Disclosure – Historical Data

The historical drill results referenced in this newsrelease were completed by previous operators and have not beenindependently verified by Harvest Gold Corporation. Although theCompany considers the historical work to be relevant and reliable, ithas not completed sufficient work to verify these historical resultsand does not rely on them for the purposes of this disclosure. Thehistorical information is presented solely to provide context forcurrent exploration results and ongoing exploration planning.

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 [email protected]

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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