Harvest Gold Expands Flagship Mosseau Property In Quebec With The Acquisition Of 42 Additional Mineral Claims

(TheNewswire)

VANCOUVER, British Columbia / May 5, 2026 – TheNewswire - Harvest Gold Corporation (TSXV:HVG) (“Harvest Gold” or the “Company”) ispleased to announce that it has expanded its Mosseau Property throughthe acquisition of an additional 42 mineral claims (2,367.2 ha). TheMosseau–Labelle-Urban Barry land package now comprises 443 mineralclaims covering approximately 23,740 ha.

Harvest Gold President and CEO, Rick Mark,commented: “We are continuing to build our100% controlled land package in the very prospective Urban Barry Beltin Quebec. These new claims are strategically located and hostfavorable geology and structural features similar to those at ourflagship Mosseau Project. They are adjacent to the southwesternboundary of Mosseau.”

The newly staked claims cover prospective volcanicstratigraphy of the Quévillon Group, including basalts and andesiteswith intermediate to felsic tuff horizons and gabbro sills. These rocktypes are analogous to those hosting the Kiask River MineralizedCorridor (“KRMC”) located immediately to the north (Figure 1).

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Figure 1: Mosseau-LaBelle Propertywith new claims - Geology

Geological interpretation indicates that these volcanicunits bifurcate southward, forming a southern extension of the samestratigraphic package that hosts the KRMC. The sequence may be foldedaround, or intruded by, the Cuvillier Pluton, which is interpreted tobe synvolcanic or syntectonic in age.

The new claims are situated directly south of the KRMCand remain largely underexplored, with historical work limitedprimarily to regional airborne magnetic and electromagnetic surveys asdocumented in SIGÉOM.

Notably, the property exhibits similar linear magneticsignatures and interpreted intermediate to mafic sills to thoseassociated with mineralization along the KRMC (Figure 2). Preliminaryinterpretation of magnetic and LiDAR datasets has identified severalstructural features, including north-south, northeast-southwest, andnorthwest-southeast orientations, which may represent key controls onmineralization.

Geological mapping was conducted by Québec’sMinistry of Natural Resources and Forests (MERN) in 2014 over the LacCuvillier area (NTS 32C15), which provides a solid geologicalframework for ongoing exploration. In addition, the property has seenimproved access in recent years through an expanding network oflogging roads.

Harvest Gold plans to initiate prospecting and evaluatethe economic potential by the use of regional soil geochemistrysurveys across the newly acquired ground during the upcoming fieldseasons.

This strategic acquisition further strengthens HarvestGold’s land position in the Urban-Barry region, bringing its totalholdings to 443 claimscovering 23,740 hectares across three projects.The new claims secure mineral rights over an underexplored portion ofthe volcanic belt, as supported by Québec government magnetic surveysand geological mapping.

The claims were acquired through low-cost staking andsignificantly expanded the Company’s exploration footprint by over10% over highly prospective geology.

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.

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Figure 2: Mosseau-LaBelle Propertywith new claims - Magnetics

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Figure 3: Planned drilling andpriority drill targets for 2026

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 443 claims covering 23,740ha, located approximately 45-70 km west of Gold Fields- Windfall Deposit.

Harvest Gold acknowledges that the LaBelle 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.

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 in thisnews release, other than statements of historical facts, that addressevents or developments that Harvest Gold expects to occur, are forwardlooking statements. Forward looking statements are statements that arenot historical facts and are generally, but not always, identified bythe words "expects", "plans", "anticipates","believes", "intends", "estimates","projects", "potential" and similar expressions, orthat 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 on the date the statements are made. Except asrequired by securities laws, the Company undertakes no obligation toupdate these forward-looking statements in the event thatmanagement's beliefs, estimates or opinions, or other factors,should change.

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