Results From The Grey Eagle Target

 

VANCOUVER - High Desert Gold Corporation reported partial results from trenching at theGrey Eagle target at Gold Springs and the first two new drill holesout of a total of seven additional drill holes completed to date. TheGold Springs project straddles the Nevada/Utah border, 90 km west of Cedar City, Utah. The results reported are from reversecirculation ("RC") drill holes GE 12-004 and GE 12-005 and a sampled trench that was described in HDG PR12-18, Oct. 15, 2012. Only results from the first 43 metres of the 59 metre long trench have been received from the lab, with additional results pending.

The trench is located approximately 20 metres to the north of holes, GE 12-001 and GE 12-002 which included intervals of plus 6 g/t gold. The over all average for the full mineralized interval from these two holes combined, assuming a north-south vertical body, was 41 metresaveraging 1.6 g/t gold. The partial trench results are similar andinclude 43 metres averaging 1.3 g/t gold-Eq. The trench ended in highgrade mineralization of 3.2 g/t gold on the west end where it was cut-off by a fault. As was the case with the earlier drill holes the trench included a higher grade section that assayed 3.8 g/t gold-Eqover 3.7 metres. The azimuth of the trench was 68 degrees.

The two RC holes reported were located, respectively, 50 metres to the west of the collars of GE 12-001 and GE 12-002 and 55 metres south-west of the same collars.

GE-12-004 located to the south-west intersected vein material beneath approximately 21 metres of cover rocks. Visually similar vein material to that seen in GE-12-002 was intersected and included 12.2metres of 1.3 g/t gold-Eq, with the highest 1.5 metre interval being4.4 g/t gold-Eq. The difference in grade to that seen in GE-12-002may be due to normal variation in grade of the mineral system orbecause the vein material intersected is a different vein due to the complex structural setting of the mineralization.

GE-12-005 located to the west unexpectedly intersected approximately40 metres of post-mineral cover rock in the location of the main vein and so only intersected the mineral system in the footwall to the vein. This hole included 15.2 metres of 0.6 g/t gold  Eq.

Ralph Fitch, President and CEO, stated, "These trench results are very encouraging, confirming a significant open-ended zone of mineralization similar to that found in drill holes GE 12-001 and GE12-002. The two drill holes reported appear to have only clipped the main zone of mineralization due to a very structurally complex geologic setting. I continue to be very encouraged by the very extensive nature of the observed mineralization and look forward togetting results from the additional completed drill holes. Every timeI visit Gold Springs I am deeply impressed by the fact that there isplus one gram gold mineralization exposed at the surface in many locations through out the property, a fact that should be very beneficial as we continue to develop Gold Springs."

Current plans are to complete a minimum of 8 holes on the Grey EagleTarget to better define the orientation and extent of the system.Once the drilling at Grey Eagle is completed, the drill will be moved to the Jumbo zone on the Utah side of the Gold Springs project.

Gold Springs is a 70/30 Joint Venture with Pilot Gold Inc. in which HDG holds a 70% interest and is the operator of the Joint Venture.

The company's address is 580 Hornby St., Suite 800, Vancouver, BC V6C 3B6, 604-684-0693.