JA JACOBITE Undrilled Cu-Au-Mo Porphyry Prospect West-central - - PowerPoint PPT Presentation

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JA JACOBITE Undrilled Cu-Au-Mo Porphyry Prospect West-central - - PowerPoint PPT Presentation

June, 2020 Technical Presentation JA JACOBITE Undrilled Cu-Au-Mo Porphyry Prospect West-central B.C. TSXV:HVG www.harvestgoldcorp.com TSXV:HVG www.harvestgoldcorp.com Forward looking information Some statements in this presentation


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TSXV:HVG www.harvestgoldcorp.com TSXV:HVG www.harvestgoldcorp.com

Undrilled Cu-Au-Mo Porphyry Prospect West-central B.C.

June, 2020 Technical Presentation

JA JACOBITE

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TSXV:HVG www.harvestgoldcorp.com Some statements in this presentation contain forward looking information. These statements address future events and conditions and, as such, involve inherent risk and uncertainties. Actual results could be significantly different from those projected. Risks and uncertainties of the Company’s business are discussed in the Management Discussion and Analysis of the Company’s Annual and Quarterly Reports, available both on the Company’s website at www.harvestgoldcorp.com and at www.SEDAR.com. A number of mineral resources or significant occurrences disclosed herein relate to nearby properties owned by other companies, and the data presented have been extracted from these companies’ press releases and websites. A Qualified Person has been unable to verify this information from the adjacent properties, and such results are not necessarily indicative

  • f potential quantities or grades of mineralization on the Company’s properties.

Warren Bates, P.Geo., Director of Property Investigation for Harvest Gold, the Qualified Person for this document for the purposes of National Instrument 43-101, prepared or supervised the preparation of the technical information contained herein. Please do your own due diligence.

Forward looking information

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TSXV:HVG www.harvestgoldcorp.com

  • Undrilled porphyry prospect in Babine belt
  • Road access, previously logged
  • Three open pit mines within 200 km (Mt. Milligan,

Huckleberry, Endako)

  • Two past-producing open pit mines in the Babine

belt within 80 kilometres (Granisle, Bell Copper)

  • 100% property interest available
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TSXV:HVG www.harvestgoldcorp.com

  • 120 road-km N of

Smithers on good gravel roads

  • 60 road-km NE of

Highway 16 a few km east of Hazelton (road condition unknown)

  • CNR and power

along Highway 16

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TSXV:HVG www.harvestgoldcorp.com

  • 40 x 100 km belt of

Babine porphyry deposits/prospects controlled by NW faults

  • Au-rich porphyry

deposits (red stars on map) associated with Eocene Babine Intrusions

  • Babine Intrusions:

biotite-feldspar porphyry plugs and dyke swarms

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Past producing mines Bell Copper (1972-92) Granisle (1966-82 Permitting-stage deposits Morrison

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  • 1971-72: Canadian Superior did mapping, soils, IP,

magnetics (limited assessment filing, but some data came out in Lorne Warren’s 1994 assessment report)

  • 1990-94: the Leask brothers and Lorne Warren did

minor prospecting

  • 2019: Evrim Resources cut 5 lines in preparation for

IP survey and collected 140 soils along them (no follow-up of anomalous soils or IP survey)

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TSXV:HVG www.harvestgoldcorp.com

  • Feldspar(-hornblende-biotite) porphyry (Babine

Suite) dykes cut Cretaceous clastics, volcanics and Bulkley Suite quartz-feldspar porphyry

  • Babine dykes poorly exposed in low terrain,

covered by vegetation, overburden

  • Strong gossan (pyrite, mapped phyllic/propylitic

alteration) in cirque exposed south of property

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TSXV:HVG www.harvestgoldcorp.com

Jacobite Geology

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TSXV:HVG www.harvestgoldcorp.com

Eocene Babine FP dyke Late Cretaceous Bulkley QFP Upper Cretaceous volcanics Lower Cretaceous clastics

Outcrops rare below treeline

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TSXV:HVG www.harvestgoldcorp.com

Pyrite halo

Complex chargeability

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TSXV:HVG www.harvestgoldcorp.com

Pyrite halo

Moderate magnetic high: potassic alteration?

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Pyrite halo

Anomalous Cu, Mo in 2019 soil samples

639 ppm Cu 1170 ppm Cu 545 ppm Cu

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TSXV:HVG www.harvestgoldcorp.com

Till

Pyrite Halo

Target

1170 ppm Cu 545 ppm Cu 639 ppm Cu

Till Property Boundary

All these patterns lead to 500 x 950 m target

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TSXV:HVG www.harvestgoldcorp.com

  • Mineralization within and marginal to biotite-

feldspar porphyry plugs and dykes; best Cu grades near contacts

  • Central potassic (secondary biotite and magnetite)

alteration hosts highest Cu grades

  • Pyrite (2-10%) halos for several hundred metres

around Cu orebodies

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TSXV:HVG www.harvestgoldcorp.com

All maps at the same scale Jacobite

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TSXV:HVG www.harvestgoldcorp.com

  • Target based on:
  • Flank of chargeability high (10-20 ms)
  • Moderate magnetic high (600-1000 nT)
  • Mo and Cu soil anomalies
  • Target is 500 x 950 m (~350 million tonnes to 300 m

depth)

  • IP/mag survey and soil geochemistry will likely

indicate more targets

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TSXV:HVG www.harvestgoldcorp.com

  • Indications of porphyry mineralization (pyrite halo,

complex chargeability, moderate magnetic high, Cu- Mo soil anomalies)

  • Logistically good area to develop a mine (road

access, nearby power and rail, resource-friendly communities)

  • Babine porphyry deposits are gold-enriched; two of

them were successfully mined for 16 and 20 years

  • Limited modern exploration and no drilling
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TSXV:HVG www.harvestgoldcorp.com

  • Preliminary groundwork:
  • Prospecting: investigate anomalous 2019 Cu and Mo

soil samples

  • Geochronometry: confirm that feldspar porphyry is

Eocene Babine Intrusion

  • IP/magnetic survey: 200-400 m line spacing (some lines

cut in 2019); chargeability/resistivity inversions

  • Soils: sample IP survey lines
  • Excavator trenching; drilling
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TSXV:HVG www.harvestgoldcorp.com

Head Office: Suite 804 – 750 West Pender St. Vancouver, BC V6C 2T7 Contact: Rick Mark, Pres. & CEO Email: info@harvestgoldcorp.com Telephone: 604-682-2928