Mr. Rick Mark reports

NEW GOLD TARGETS AT 100% OWNED LABELLE; RESULTS FROM HARVEST'S 2025 SOIL GEOCHEM PROGRAM

Harvest Gold Corp. has released the results of its fall 2025 soil sampling program carried out at the LaBelle project. The 100-per-cent-owned project covers nine kilometres of favourable strike in the Urban-Barry greenstone belt region and, with the recent property acquisitions, is now connected to the Mosseau property. The LaBelle property represents the southeastern strike extension of the approximately 33-kilometre-long Kiask River deformation corridor (KRDC).

Harvest Gold president and chief executive officer Rick Mark stated: "These soil geochemistry results provide more evidence as to the broader potential of our now-combined properties. The newly identified gold anomalies at LaBelle demonstrate that the mineralizing system extends beyond the known showings and highlights more compelling targets for drilling and follow-up work. We believe these geochemical signatures elevates the significance of our recent land acquisitions as it increases the probability of making and owning additional discoveries along this highly prospective corridor."

Highlights from the recently completed geochemical soil program include:

• Strong gold-in-soil anomalies: Recent soil sampling has outlined multiple coherent gold and gold-pathfinder anomalies along the Kiask River deformation corridor, extending to the southeast, across the LaBelle property, highlighting previously untested targets with clear geochemical signatures for mineralization.
• Anomalies aligned within the regional Kiask River deformation corridor: The soil geochemistry follows the same multikilometre structural corridor that hosts the Morono deposit, the Mosseau property and known high-grade showings, strengthening the case for a large, continuous mineralized system.
• Several clustered soil anomalies directly coincide with massive sulphides and favourable geology, generating compelling new drill targets.

Discussion

The soil sampling program was carried out by IOS Services Geoscientifiques in October, 2025, and included the collection of 261 soil samples covering favourable geology and a distinctive magnetic domain in the northwestern part of the LaBelle property. The soil survey covers an area of 3.3 kilometres by 1.6 kilometres and was analyzed for a gold and a multielement package with numerous defined gold pathfinders, as on the adjoining Mosseau property, including silver, copper and bismuth.

The soil sampling program included lines at a 200-metre spacing, perpendicular to the known ice flow direction, and sample stations every 25 metres. The significance of the anomalies is not only determined by the gold grade and Z-score, but also by the contiguity of the anomalous samples and associated pathfinder elements.

Results from the soil geochemical program highlight two distinctive and very strong gold targets with greater-than-98th-percentile Au Z-score values within the Kiask River mineralized corridor (KRMC). The highest gold-in-soil anomalies on LaBelle included a Z-score of 23.7 (448 parts per billion Au) and a Z-score of 16.2 (306 ppb Au) with a background mean value of less than one ppb Au. In addition, the soil survey has defined two Ag, three Cu and one Bi anomalous target areas that are considered as excellent gold pathfinder elements based on the recent drilling on Mosseau.

One of the strongest gold-in-soil anomalies is located several hundred metres from the only three historical drill holes completed on the LaBelle property. These drill holes were completed in 1965 by Sulico Mines (GM16293) and reported massive sulphides with greater than 10 per cent magnetite over core lengths of up to 2.4 metres in length. Best assay results from this historical drilling included 2.74 grams per tonne Au over 0.46 m, 4.46 g/t Ag over 0.61 m and 0.17 per cent Cu over 0.61 m.

The soil sampling program has aided in defining coming drill targets along the Kiask River mineralized corridor extending onto the LaBelle property. Nearby mineralization along the Kiask River mineralization corridor and approximately 2.6 km to the northwest of the LaBelle property includes the Lac Labrie showing (Sigeom), where prospecting reported grab samples of 48.8 g/t Au and shallow drilling intersected 47.32 g/t Au over 0.3 m associated with a shear zone.

The soil sample results and target on the LaBelle property are located within a similar magnetic domain (Kiask River deformation corridor) and along geological strike as the recent discovery by Harvest Gold that included 105 g/t Au over 1.15 m, located 13.5 km to the northwest (see press release Feb. 11, 2026).

Soil sampling surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery.

About Harvest Gold Corp.

Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold's board of directors, management team and technical advisers have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 401 claims covering 21,372.81 hectares, located approximately 45 to 70 km west of Gold Fields' Windfall deposit.

Harvest Gold acknowledges that the LaBelle gold project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local indigenous communities.

Harvest Gold's three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favourable strike along mineralized shear zones.

Quality assurance/quality control statement

All soil samples collected during the program were securely transported to Activation Laboratories (Actlabs) in Ancaster, Ont., an independent and ISO/IEC 17025-accredited laboratory. Sample analysis included aqua regia digestion on 30-gram aliquots followed by ICP-MS analysis for major and trace elements (method UT-1-30g). Digestion with aqua regia consists of a solution of 75 per cent hydrochloric acid and 25 per cent nitric acid, which is highly aggressive and oxidizing, allowing metals, sulphides and gold to be dissolved. The contents of silicate minerals only partially enter solution, however, which subtracts them from the results reported, since solubilization depends on the mineral species and metals present. Thus, most of the iron and magnesium present in these ferromagnesian minerals is solubilized, leaving a residue of insoluble silica and alumina. However, digestion with aqua regia does not bring refractory minerals into solution, including quartz, feldspars, zircon and several oxides. Certified reference materials, internal reference material and blanks pulverized at less than 90 microns were added to the samples by IOS before they were sent to Actlabs. The company follows industry-standard QA/QC protocols, including the insertion of certified reference materials, blanks and duplicates to ensure the accuracy and precision of the results.

National Instrument 43-101 disclosure -- historical data

The historical drill and grab samples results referenced in this news release were completed by previous operators and have not been independently verified by Harvest Gold. Although the company considers the historical work to be relevant and reliable, it has not completed sufficient work to verify these historical results and does not rely on them for the purposes of this disclosure. The historical information is presented solely to provide context for current exploration results and continuing exploration planning.

Qualified person statement

All scientific and technical information in this news release has been prepared and approved by Louis Martin, PGeo, technical adviser to the company and considered a qualified person for the purposes of NI 43-101.

We seek Safe Harbor.