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Economic Insight > Blog > Investment > Analyst Report Eyes 227% Upside for Brightstar Resources as Gold Production Nears
Analyst Report Eyes 227% Upside for Brightstar Resources as Gold Production Nears
Investment

Analyst Report Eyes 227% Upside for Brightstar Resources as Gold Production Nears

EC Team
Last updated: May 22, 2025 11:30 pm
EC Team
Published May 22, 2025
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The soil sampling program was carried out in October and November 2024 by IOS service Geoscientifiques and included the collection of 605 soil samples covering the favourable geology and distinctive magnetic domains in the central part of the property (Figures 2 and 3).

Rickmark, CEO of Harvest Gold State: Geochemical investigations of this soil provided a breakthrough in this characteristic of this species by understanding the gold potential surrounding the mineralized corridors of the Chiasco River. These soil geochemical results overlap historical information with recent geophysical, exploration and mapping results of harvests, creating previously invisible target opportunities. The GEO team meets this week to prioritize drill targets. ”

The results of the Soil Geochemical Program* highlight a unique gold target. Over 98 th Percentile au z-score ** values ​​define eight zones parallel to the Mineralization Corridor (KRMC) of the Kiasco River (Figure 4). Three of the gold trains are soon located south of KRMC and down ice, confirming known mineralization from previous drilling and findings. Another five gold trains will be parallel to KRMC’s KRMC. These targets are geologically and geologically related by geolites and gablo in local stratigraphy (Figs. 5, Figs. 6).

The soil sampling programme was conducted in the heart of Mossau property, along with the results of recently published research and geological mapping. The soil sampling program reviewed existing drill targets along the mineralized corridors of the Kias River and identified new targets in the central part of the Mossau properties. Previously recognized mineralization in the heart of the properties along the Kiask River Mineralization Corridor identified by Vior in 2017 contained 2.93 g/t Au with a maximum of 12.9 g/t Au from excavation and grab samples. Mineralization has been confirmed and expanded along the strike from the results of the 2024 Exploration and Mapping Program (Press Release, May 15, 2025)

The soil sampling program included lines at intervals of 200 m perpendicular to known ice flow directions, and sample stations every 25 m. The importance of the abnormality is determined not only by gold grade and Z score*, but also by the continuity of the abnormal sample. .

* Soil sampling investigations are inconclusive, results are still in the early stages of interpretation, and there is no guarantee of mineral discovery

** The anomaly threshold was determined by iOS using a stochastic approach. The result of the assay is first converted to logarithmic data. The Z-score is calculated for each element in each sample. This significantly limits the range of values ​​and allows normal distributions to be used for probability modeling. The anomaly threshold for an element is determined by the difference between the sample Z-score and the expected Z-score of the log. A normal population with a mean of 0 and standard deviation of 1, representing the local background confirmed by analysis of a large iOS database. Samples deviating from local trends may be associated with abnormal populations.

About Harvest Gold Corporation

Harvest Gold focuses on exploring near-surface gold and copper stone porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management teams and technical advisors have over 400 years of collective geological and fundraising experience.

Harvest Gold has three active gold projects focusing on the urban Barry region, totaling 377 claims covering 20,016.87 ha located about 45-70 km west of Goldfields – wind sediments (Figure 1).

Harvest Gold acknowledges that it will span the Mosseau Gold Project eeyou istchee-james bay and abitibi territory. Harvest Gold is committed to building positive, mutually beneficial relationships based on respect and transparency with our local Indigenous communities.

Three properties in Harvest Gold, Mosseau, Urban-Barry and Labelle, cover preferred strikes of more than 50 km along the calcified shear zone.


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Figure 1: Project location: Urbanbury Greenstone Belt


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Figure 2: Mosseau Geology – Area of ​​Soil Sampling Survey (Red)


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Figure 3: Mosseau Magnetics and Magnetic Domain – Area of ​​soil sampling survey (red)


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Figure 4: Central Area – Soil Sampling AU (Z Score)


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Figure 5: Soil sampling (Z-score) and advanced target area covered by geology


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Figure 6: Soil sampling (Z-score) and target area for up-ice is magnetically covered

QA/QC Statement

All soil samples collected during the program were safely transported to the Institute of Activation in Anchor, Ontario (ACTLAB). Sample analysis included ICP-MS analysis of major and trace elements (Method UT-1-30G) following Aqua regia digestion in a 30g aliquot. Digestion by Aqua regia consists of a solution of 75% hydrochloric acid and 25% nitric acid, which is highly aggressive and oxidized, allowing metals, sulfides and gold to dissolve. However, the content of silicate minerals depends on the mineral species and metal in which solubility is present, so only partially enters the solution into which they subtract from the reported results. Therefore, most of the iron and magnesium present in these scleral minerals is solubilized, leaving behind an insoluble silica and alumina residue. However, digestion with Aqua regia does not bring impact-resistant minerals into the solution, such as quartz, feldspar, zircon, and some oxides. For five samples with aluminum results above the UT-1-30G limit, aluminum was analyzed by ICP-OE after lithium-Boten fusion. 68 Certified Reference Materials (Oreas 46 and Oreas 47), Internal Reference Materials (MRIHB23-2 and TILL09), and Company-Solved Blanks follow industry standard QA/QC protocols, including the insertion of certified reference materials, blanks, and duplicates to ensure the accuracy and accuracy of the results.

Statement of a qualified person

All scientific and technical information in this news release was prepared and approved by the company’s technical advisor, Louis Martin, and considered qualified persons for the purposes of NI 43-101.

On behalf of the Board of Directors

Rick Mark
President and CEO
Harvest Gold Corporation

Please contact us for more details.

Rick Mark or Yang Urata
@604.737.2303 or
info@harvestgoldcorp.com

TSX Venture Exchange also does not accept responsibility for the validity or accuracy of this release, as it is defined in the TSX Venture Exchange policy.

Positive information

The news release contains certain statements that could be deemed “forward-looking statements.” All statements in this news release are positive statements, addressing events and developments that are expected to occur in Gold, besides statements of historical facts. A positive statement is not historical fact, and is not common, but is a statement identified by the terms “, “low ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ”

Although the company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements do not guarantee future performance, and actual results may differ materially from those of forward-looking statements. Factors that could lead to actual results are very different from those of future-looking statements. This includes market prices, successful exploitation and exploration, the continued availability of capital and financing, and general economic, market, or business conditions. Investors should note that such statements are not guarantees of future performance and that actual results and developments may differ materially from those predicted in forward-looking statements. The future picture is based on the company’s management’s beliefs, estimates and opinions regarding the date the statement was made. Except as required by securities law, the Company assumes no obligation to update these forward-looking statements if management’s beliefs, estimates, or opinions, or other factors are to be changed.

Copyright (c) 2025 Thenewswire -All Rights Reserved.

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