High Grade Gold Intersected At Carlin Project
VANCOUVER, BC - Evolving Gold Corp. reported that two drill holes have intersected significant high grade gold at its Carlin project in Nevada. Both new holes are wedges drilled from hole CAR-002 and fall within an area approximately 20 meters north and northeast of this mother hole. Intercepts in wedge hole CAR-002.3.1 include 15.7 meters at 5.08 grams per tonne gold (51.5 feet at 0.148 oz per ton gold) including 1.4 meters at 38.1 gpt gold (1.113 opt gold). Intercepts in wedge hole CAR-002.3 include 22.8 meters at 1.47 gpt gold (74.8 feet at 0.043 opt gold) including 1.1 meters at 20.8 gpt gold (3.6 feet at 0.607 opt gold).
"The intercepts in these two wedges corroborate and extend previous intercepts in this high grade zone, but more importantly, indicate there is a vector of improving grades trending in a northerly direction," said Quinton Hennigh, Chief Geologist. "We are currently drilling a new precollar, CAR-013, approximately 300 meters north of CAR-002 to test for extensions of this high grade zone." The Company presently has two core rigs drilling on its Carlin Trend properties, one testing a target on its 100% owned Humboldt project, and a second drilling approximately 700 meters northwest of hole CAR-002 on the Carlin project. Two emerging high grade zones have been discovered at Carlin, one proximal to hole CAR-002 and one about 700 meters northwest in the vicinity of holes CAR-007 and -010. The Carlin project is subject to an agreement with various subsidiaries of Newmont Mining Corporation. A technical report (NI 43-101 report) has been completed and filed for the Company's three gold exploration projects in the Carlin Trend. The company's address is 1980 1075 West Georgia Street, Vancouver BC V6E 3C9, 604.685.6375, fax: 604.909.1163, email: [email protected].