Harfang Announces Its Summer Field Program on Its Gold and Lithium Properties, Eeyou Istchee James Bay, Québec

MONTREAL, June 08, 2023 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang” or the “Company”) (TSX-V: HAR) is pleased to announce that its summer field campaign is set to begin on its portfolio of highly prospective gold and lithium properties in the Eeyou Istchee James Bay region, Québec (Figure 1). With recent lithium discoveries, new advances in already existing resources and the Québec strategy on Critical and Strategic Minerals (“CSM”), this region has taken centre stage for lithium exploration in Canada.

Commented Ian Campbell, President and CEO,“We are ready and excited to initiate our $1.5 M summer 2023 exploration program that will focus on the exploration of our extensive portfolio of properties in James Bay, some of which have the potential to host both gold and lithium deposits. We are well positioned throughout the entire region in which our team has extensive operational experience. Our summer program will be a “boots on the ground” approach including both a geological and prospecting evaluation, combined with onsite geochemistry with the focussed objective of rapidly developing high-priority drill targets on both gold and lithium projects. This program will begin as soon as the province-wide restrictions imposed by the Québec government as a result of the regional forest fire situation are lifted. We are not aware of any of our projects being directly affected by these fires at this time and we are closely monitoring the situation.”

Gold Exploration Program

Lake Menarik Property

The Lake Menarik Property is characterized by multiple high-grade gold occurrences hosted in a polyphase intermediate intrusion (syenite, monzonite and monzodiorite) and adjacent volcano-sedimentary rocks (Figure 2). The geological setting of Lake Menarik is reminiscent of that of the Timmins mining camp based on the occurrence of gold-bearing monzonite/syenite intrusions, volcanic and sedimentary rocks including a Timiskaming-type conglomerate, and lamprophyres.

The recently completed maiden shallow drill program that mainly focussed on the Pierre Monzonite area, successfully demonstrated that wide zones of gold mineralization associated with increasing intensity of alteration extend at depth in the southeast area of the monzonite. These observations were highlighted by 21.0 metres grading 1.75 g/t Au including 14.1 metres grading 2.49 g/t Au (LMN-23-01), 75.0 metres grading 0.54 g/t Au including 3.0 metres grading 6.75 g/t Au and 1.0 metres grading 12.65 g/t Au (LMN-23-04), and 47.0 metres grading 1.15 g/t Au including 7.0 metres grading 3.75 g/t Au (LMN-23-17) (see news release dated May 11, 2023).