Results From Trenching At The Grey Eagle Target
VANCOUVER, BC - High Desert Gold Corporation reported final results from trenching at the Grey Eagle target at the Gold Springs project along the Nevada-Utah border.
Highlights from the trench: Entire 56 metres average 1.5 g/t Gold Eq; Latest results from east end of trench: 14 metres averaging 2.2 g/t Gold Eq and Including: 4.6 metres averaging 3.7 g/t Gold Eq.
The trench is located approximately 20 metres to the north of previously reported drill holes, GE 12-001 and GE 12-002 which included intervals of plus 6 g/t gold. The overall average for the full mineralized interval from these two holes combined, assuming a north-south vertical body, was 41 metres averaging 1.6 g/t gold which is similar to the trench results. The trench ended in high grade mineralization of 3.3 g/t gold on the west end where it was cut off by a fault and also ends in mineralization on the east end as demonstrated by the latest results reported here.
Ralph Fitch, President and CEO, stated "These trench results are important because they demonstrate that excellent grade mineralization at the Grey Eagle target starts at the surface. This is an important advantage as compared to other projects where mineralization starts at a significant depth below many metres of overburden. Similar veins can also be seen in a tunnel, recently opened by the Company, which extends under the trench some 20 metres vertically below the trench."
All samples from drill holes GE-12-006, GE-12-008 through GE-12-011, and portions of GE-12-012 and GE-12-013 have been delivered to the laboratory for assaying. The Company is planning to complete an additional 5 holes on the Grey Eagle target as well as additional holes on the Jumbo Zone located 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 Gold Springs Phase 2 drill program is designed to explore the Grey Eagle area and to drill potential extensions to the previously issued inferred resource of 9.4 million tonnes grading 0.57 g/t gold and 12.9 g/t silver for a total of 173,000 oz. of gold and 3.88 M oz. of silver. This equates to 233,000 ounces AuEq(ii) grading 0.77 g/t.
The company's address is 580 Hornby Street, Suite 880, Vancouver, BC V6C 3B6.