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Harvest Gold ( (TSE:HVG) ) has provided an update.
Harvest Gold reported high-grade drill results from the central part of its Mosseau Property in Quebec, highlighted by an interval of 105.0 g/t gold over 1.15 metres with visible gold in hole MO-25-25. The intercept lies within the Kiask River Deformation Zone and is surrounded by a broader lower-grade halo, confirming a significant mineralized corridor traced for about 3 kilometres along strike and up to 16 metres wide.
Additional holes along the Kiask River Deformation Zone returned broad zones of lower-grade gold with associated silver and copper, indicating a consistent Au-Ag-Cu halo similar to mineralization previously identified near the Morono deposit. These results underscore the potential scale of the underexplored central Mosseau area and support continued drilling to test the 10-kilometre-long Kiask River Mineralized Corridor along strike and at depth, which could enhance the project’s overall resource potential and strategic value.
The most recent analyst rating on (TSE:HVG) stock is a Sell with a C$0.05 price target. To see the full list of analyst forecasts on Harvest Gold stock, see the TSE:HVG Stock Forecast page.
Spark’s Take on TSE:HVG Stock
According to Spark, TipRanks’ AI Analyst, TSE:HVG is a Neutral.
The score is held down primarily by weak financial performance (pre-revenue with widening losses and continued cash burn) and bearish technicals (below major moving averages with very weak momentum). A debt-free balance sheet provides some offset, but valuation inputs are limited by the negative P/E and lack of dividend data.
To see Spark’s full report on TSE:HVG stock, click here.
More about Harvest Gold
Harvest Gold Corporation is a Vancouver-based mineral exploration company focused on identifying near-surface gold deposits and copper-gold porphyry systems in politically stable mining jurisdictions. Its flagship asset is the Mosseau Property in Quebec’s Abitibi region, situated in the Urban Barry Belt, a prolific gold-producing district that continues to attract significant exploration investment.
Average Trading Volume: 203,005
Technical Sentiment Signal: Sell
Current Market Cap: C$6.07M
See more insights into HVG stock on TipRanks’ Stock Analysis page.