Harvest Gold Expands Bulk Tonnage Mineralization At Rosebud 

VANCOUVER, BC - Harvest Gold Corporation reported on gold and silver assay results from reverse circulation drill holes, HGR-6 through HGR-8, completed during the Company's first phase, twelve hole drill program at its Rosebud Mine property in Pershing County, Nevada.

President, Greg Hill said, "The important gold and silver intercepts in these holes, and the others we announced last week, provide us with a significant expansion and increased definition of the mineralized envelope, or bulk tonnage halo, at Rosebud. It also provides us with a much better understanding of the deposit's structural framework. We have now intersected mineralized faults in several predicted locations and this reinforces our reinterpreted structural model, which increases our confidence in the model and will assist us in defining targets for the next phase of drilling. We have decided to seek bids for a phase two drill program to add approximately 15,000 feet of new drilling to the project." HGR-6 was drilled in the western portion of the South Zone. It demonstrates that significant thicknesses of bulk tonnage mineralization do remain in place at Rosebud. This intercept confirms the Company's reinterpreted structural model, having targeted and intersected high-angle mineralized faults that are primary controls on mineralization. Historical intercepts occur to the north, south, and at depth along these ore controlling structures. Mineralization is open in these directions. Intercept HGR-7 also confirms the Company's reinterpreted structural model. The high grade silver intercept in this hole occurs within forty metres of surface within a high angle fault zone that includes in-place, high grade gold mineralization at depth. This mineralized fault zone presents new high grade targets to the north, south, and at depth. The intercepts in HGR-8 occur in an area of widely-spaced drilling between the Rosebud Mine's North, South, and East ore zones. They reinforce that significant potential exists to expand the bulk tonnage envelope in the ground and discover additional high grade pods within the volcanic pile in this area. Drill samples were collected at the drill site, transported to Sparks, NV and assayed by Inspectorate America of Reno, following standard industry practice. Gold results were determined using standard fire assay techniques on a 30 gram sample with an atomic absorption finish. Samples returning assays exceeding 10 grams Au per tonne were re-assayed using a gravimetric finish. Silver results were determined by ICP. Samples returning assays exceeding 200 grams Ag per tonne were re-assayed using a gravimetric finish. Rigorous QA/QC was employed including the insertion of standards and blanks into the sample stream. The Rosebud property is an advanced exploration project consisting of 54 unpatented mining claims centered on the former Rosebud underground mine, which produced nearly 400,000 oz gold and 2,300,000 oz silver between 1997 and 2000. The underground operation mined three high-grade ore zones, with an average production grade of 0.416 oz Au/t, 2.42 oz Ag/t. The company's address is 260 West Esplanade, North Vancouver, BC V7M 3G7, 604-986-2020, fax: 604-986-2021.