Strong Drilling Results At Gold Springs Project

 

VANCOUVER, BC - High Desert Gold Corporation received final results for holes GE-12-006 through GE-12-009, GE-12-015 and portions of GE-12-012 and GE-12-013 from the Grey Eagle target and is pleased to report positive gold intercepts in the majority of the holes. Highlighted is hole GE-12-015 which returned 59.4 metres at 1.3 gpt gold Eq, including 7.6 metres at 6.7 gpt gold Eq as shown in the following table. The Company has completed a total of 21 drill holes within the Grey Eagle target on the Nevada side of the Gold Springs Project. Eighteen of these holes have been completed in the second phase drill program. Much of the drilling and trenching in the second phase program has been designed to determine the orientation and structural controls of the high-grade mineralization intersected in hole GE-12-001 and GE-12-002.

This intersection confirms the continuation of the high grade mineralization previously reported in hole GE-12-002 and is located approximately 40 metres further to the SSW at a vertical depth of approximately 70 metres below surface. The hole is significant in that it indicates the strike of this style of mineralization and also because it is in a covered area not explored during the historic mining in the 1900''s. It is also significant that these grades are continuing into the area of the resistivity high "bulls-eye" that occurs another 500 metres to the SSW on the same trend at the intersection of the interpreted major ring-fracture (typically a circular fault feature developed around a collapsed caldera or volcano) that the Company is drilling and another NW-SE regional structure.

Ralph Fitch, President and CEO, stated, "We continue to drill significant near-surface gold mineralization at Grey Eagle which bodes well for an expansion of the total resource at Gold Springs. Clearly developing a new area of gold mineralization in addition to the original Jumbo area starts to demonstrate the significant potential of the large Gold Springs District."