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    Evolving Gold Announces Multiple High Grade Intervals At Carlin Project

    Investing News Network
    Jul. 11, 2012 03:17PM PST
    Gold Investing

    Evolving Gold Corp. (TSX:EVG) reported the results the Carlin Project in Nevada, and announced that the diamond drill hole CAR-016 intersected several high grade gold zones. The results include 9.1 meters at 22.0 gpt gold, 2.7 meters at 33.11 gpt gold, and 3.8 meters at 29.53 gpt gold.

    Evolving Gold Corp. (TSX:EVG) reported the results the Carlin Project in Nevada, and announced that the diamond drill hole CAR-016 intersected several high grade gold zones. The results include 9.1 meters at 22.0 gpt gold, 2.7 meters at 33.11 gpt gold, and 3.8 meters at 29.53 gpt gold.

    As quoted in the press release

    Diamond drill hole CAR-016.1 intersected several high grade gold zones at its Carlin Project in Nevada, including 9.1 meters at 22.0 gpt (grams per tonne) gold (30.0 feet at 0.64 ounces per ton, opt gold) starting at 908.3 meters down hole. This intersection includes 1.2 meters at 44.0 gpt gold (4.0 feet at 1.28 opt gold). In addition CAR-016.1 intersected 1.2 meters at 15.5 gpt gold (4.0 feet at 0.45 opt gold) starting at 897.9 meters down hole. The entire interval from 897.9 to 917.4 (19.5 meters or 64.0 feet) averages 11.76 gpt gold (0.34 opt gold), including a lower grade interval at 899.2-908.3 meters.

     

    R. Bruce Duncan, CEO of Evolving Gold, commented:

    We are obviously excited by the high grade results from our drill hole CAR-016.1. The multiple high grade gold zones in this drill hole and the thickness of the main high grade intersection are extremely encouraging. These results simply demonstrate what we have believed for a long time. The system we have identified in the south end of the prolific Carlin Gold Trend is a large and powerful Carlin style gold system, capable of producing thick intervals of high grade gold mineralization. In this drill hole we have encountered repeated zones of high grade gold mineralization over a down hole interval of 89 meters, or 292 feet. The full potential of this system is being constantly enhanced with each successive drill hole that is completed.

    Click here to read the full press release.

     

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