Harvest Gold Provides Comprehensive Update: Rosebud Project (Nevada), Mosseau Agreement With Vior, And Eight-Month Progress Report On Urban Barry Belt Properties (Quebec)

(TheNewswire)

Vancouver, British Columbia / April 29, 2026 ? TheNewswire - Harvest GoldCorporation (TSXV: HVG) (“Harvest Gold” orthe “Company”) is pleased to update shareholders on its long-held $1MCDNRosebud project assignment agreement and on its agreement with ViorInc. (“Vior”) to acquire the Mosseau property, as well as summarizingthe growth and development of its large prospective gold/base metalproperty package in the Abitibi region in Northern Quebec.

Harvest Gold’s three property land position nowtotals 401 mineral claims covering 21,372.81 hectares and over 50kilometres of strike length of favorable and potentially mineralizedstructures, strategically located within the highly prospective UrbanBarry Greenstone Belt.

Harvest Gold President and CEO, Rick Mark, states:“Today, we are providing our shareholders an update on a few items,including our $1M CDN assignment agreement on the Rosebud Project inNevada recently acquired by newly TSX listed Blossom Gold (BGAU). Theyare aggressively preparing Rosebud for possible production in 2027with their 14,382-meter drill program, now underway. I also thought itimportant to make clear that we are very close to increasing ourownership position to 80% of Mosseau. With an additional $1.3M in workthis summer, we will have passed that work commitment threshold.Finally, a summary of late 2025, including the last 5 holes at Mosseauand our connecting LaBelle and Mosseau.”

ROSEBUD/BLOSSOM GOLD

In 2015, Harvest Gold sold its Nevada Rosebud project. It carried anassignment agreement that includes “…the sum of CAD$1,000,000 payable toHarvest Gold within 30 days of the closing of a debt or equityfinancing, the proceeds of which are to be used primarily to fund theconstruction and commissioning of a mine on the Property.”

Blossom Gold Inc. (“Blossom), listed onthe Toronto Stock Exchange on January 29, 2026 under the symbol BGAU.Their primary asset is the Rosebud Project in Nevada which includedthe assignment agreement. Their website is www.blossomgold.com.

Blossom is already very active at Rosebud as evidencedby their CEO’s comment in their April 6, 2026, press release thatreads, in part “…..wewill be well prepared to deliver on our planned 80,000 feet (24,384 m)core drilling program, and open and rehabilitate the underground laterthis year to complete infill and expansion drilling for our open pitresource.”  

Four rigs are expected to be in operation bymid-April with the entire drilling program expected to be completed bythe end of Q2 2026.

The Rosebud Project is a former gold producer that wasoperated from 1997-2000 by a Newmont-Hecla joint venture.

THE VIOR AGREEMNT ON MOSSEAU: SPEND$1.3M BEFORE DEC. 31, 2027 TO CONTROL 80%

Harvest is quickly moving towards an 80%/20% Joint Venture with Vioron Mosseau. The key element, the work commitment component of theagreement, requires Harvest Gold to spend a minimum of $1.3M onMosseau before December 31, 2027.  

The Company intends to meet that threshold in the summer of 2026.Harvest Gold has identified 20 priority drill targets for its 2026program at Mosseau. At least eight of these targets lie within 500metres of the high-grade discovery hole (105 g/t Au over 1.15 m),highlighting strong near-discovery expansion potential (Figure 1).

MOSSEAU/LABELLEACCOMPLISHMENTS

The 2025 exploration programs significantly advancedHarvest Gold’s Urban-Barry portfolio, highlighted by the discoveryand expansion of a large-scale gold system within the combinedMosseau–LaBelle projects. Integrated work, including drilling,airborne magnetics, soil geochemistry, prospecting, and geologicalmapping, successfully defined50 high-priority targets along the Kiask River Mineralized Corridor(“KRMC”) and in the general area.

At Mosseau, drilling confirmed strong goldmineralization in both the northern and central parts of the property.The Company spent approximately $3 million on exploration in thesecond half of 2025 with the majority on a 21-hole, 4,692-metre drillprogram. The program returned several significant gold intersections,one of the most notable in the Central part of the property, withinthe KMRC, included a high-grade intercept of 105.0 g/t Au over 1.15 metres. Additional broader intercepts along strike confirmed amineralized corridor up to 21 metres wide extending for approximatelythree kilometres, which remains open in all directions. In thenorthern part of the property, the best intersection included8.67 g/t Au, 203 g/t Ag, 2.26%Cu, 0.16% Zn and 0.05% Pb over 0.6 metres associated with semi-massive sulphides within a broader zoneof 1.90 g/t gold over 5.4 metres.

2025 Drill Program: Final 5Holes

Harvest Gold would also like to report the results fromthe final 5 holes completed in its 2025 drill program (Table 1). Thedrill holes targeted gold in soil anomalies associated with magnetichighs to the north of the Kiask River Deformation Zone, in the centralpart of the Mosseau property (Figure 2, Figure 3). The mostsignificant results from these 5 drill holes included anomalous copperintersections of 464 ppm Cu over 3.0 m (SW-25-29) and 802 ppm Cu over0.9 m (SW-25-34). These anomalous Cu intersections are consideredsignificant in that it reinforces copper as a key pathfinder for gold mineralizationon the Mosseauproperty. Both these intersections are from anorthern, previously untested horizon parallel to the Kiask RiverDeformation Zone and proximal to an untested gold in soil anomaly.This horizon is interpreted to represent a possible extension of theMorono deposit horizon, based on its proximity to the Wilsonintrusion.

Connecting LaBelle to Mosseau

A high-resolution airborne magnetic survey wasremarkably instructive as it showed that the KRMC extends far beyondthe current drill area.The KRMC can now be traced for approximately 32kilometres along strike and continues directly onto the LaBelleproperty. Exploration at LaBelle, including magnetic surveys, soilgeochemistry, prospecting, and mapping,confirming this southeastern extension and identified several priorityfollow-up drill targets, highlighting strong district-scale discoverypotential.

The Company then acquired 24 additional mineral claims(1,356 hectares) from two prospector groups, effectively linking theMosseau and LaBelle properties. These new claims, also within   the Kiask River MineralizedCorridor, now provide Harvest control over approximately32 continuous kilometres of prospective strike length.

URBAN BARRY ACCOMPLISHMENTS

In the fall of 2025, a regional till sampling program was conducted byIOS on behalf of Harvest Gold. A total of 137 till samples werecollected using hand shovel that yielded a total of 1175 gold grains.The average normalized gold grain count per sample is 10.52 grains,with a maximum of up to 27 gold grains.

Eight samples are considered anomalous in term of gold grain count.These samples are focused in an area in the NW part of the property,stretching about 2.5 km long by 1.3 km wide, a dispersal train largelycomposed by modified grains and is outline along the main last glacialice-direction to the SW (Figure 4, Figure 5). This area contained 30%of the pristine gold grain identified on the Urban Barry project.Three sample from that same dispersal train, located at most up-iceline, have anomalous and enriched content in nickel and chromium inthe fine fraction of till, suggesting an association with ultramaficrocks. Other cluster of till samples enriched in Co, Ni, Ag and Znwere also identified.

The results of the till survey be integrated with the existingdatasets and a field reconnaissance and geological mapping survey ofthe outcrops in the vicinity of the identified dispersal train will beundertaken to prioritize future drilling.

The Company also announces that, further to its newsrelease dated March 12,2026, it has issued an aggregate of375,000 common shares (the “Shares”) at a deemed price of $0.065 perShare.  The issuance of the Shares represents the first paymentrequired pursuant to the definitive agreement for the purchase of theAudet-Robert claim blocks located in the Urban Barry Greenstone Beltof Quebec.  The Shares are subject to a four-month hold periodpursuant to securities laws in Canada, expiring on July 25, 2026.

Sampling, QAQC, and LaboratoryAnalysis Summary

All core logging completed by Harvest Gold as part ofits diamond drilling program is subject to a strict standard forQuality Control and Quality Assurance (QAQC), which include theinsertion of certified reference materials (standards), blankmaterials, and field duplicate analysis. NQ-diameter sawed half-coresamples from the drilling program at Mosseau were securely sent byCompany geologists to AGAT Laboratories Ltd. (AGAT), with samplepreparation 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.

Click Image To View Full Size

Figure 1: Priority drill targets for2026

Click Image To View Full Size

Figure 2: Kiask River MineralizationCorridor and 2025 drilling overlain on Geology

Click Image To View Full Size

Figure 3: 2025 Drilling overlain onMagnetics

Table 1: DrillCollar Locations

Drill collar coordinates in UTMNAD83, Zone 18

Click Image To View Full Size

Figure 4: Urban Barry Till Survey– Gold grain count and morphology

Click Image To View Full Size

Figure 5: Urban Barry Till Survey– Normalized gold grains count

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 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 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.