Update On Drilling at the Gold Springs Project
VANCOUVER, BC - High Desert Gold Corporation reported results from the first six holes drilled in Utah. Eighteen drill holes have been completed in the Company's approximately 50 drill-hole program for 2012 at the Gold Springs Project that straddles the Utah/Nevada border. Sixteen drill holes have been completed in Utah and two in Nevada where the reverse circulation drill is currently located. The 2012 drill program is designed to expand the previously reported resource in known drilled areas and to identify new gold areas which will be subject to potential resource expansion drilling at a later date.
Highlights from the first six holes include: 26 metres of 1 g/t gold Eq within 81 metres of 0.61 g/t gold Eq; 35 metres of 1.01 g/t gold Eq within 63 metres of 0.71 g/t gold Eq; 29 metres of 1.01 g/t gold Eq within 65 metres of 0.6 g/t gold Eq; This last intercept is in a new mineralized area and includes a high grade interval of 1.5 metres of 8.9 g/t Gold Eq.
Gold Springs is a 60/40 Joint Venture with Pilot Gold Inc. in which HDG holds a 60% interest and is the operator of the Joint Venture.
Ralph Fitch, President of the Company, stated, "These are the first six holes from the 2012 program and confirm our prediction that we would find new gold mineralization in undrilled areas below outcropping gold mineralization. We also predicted that we would likely intersect some of the high grade material that was mined historically such as the mineralization from the Shark's Mouth area which includes a 1.5 meter interval of 8.9 g/t Gold Eq or 0.29 ounces of gold per tonne. Shark's Mouth is approximately half a kilometre south of the Jumbo Resource area and is the first of a string of zones that the joint venture is drilling in Utah, all of which may coalesce into a single semi-continuous zone within the 8 km long high resistivity feature we call the Jumbo Extension."
The Company is presently drilling hole 19 in the program on the Silica Hill target, an area in Nevada which includes a 100-g/t gold outcrop.
The company's address is 580 Hornby Street, Suite 880, Vancouver, BC V6C 3B6.