High Desert Gold Announces Drill Results, New Gold Zone Discovery, Gold Springs Project Increased Ownership

Gold Investing

High Desert Gold Corporation (TSXV:HDG) released the latest series of drill results from the Shark’s Mouth, Shark’s Belly, Etna, and North Jumbo targets on the Gold Spring Project in Utah.

High Desert Gold Corporation (TSXV:HDG) released the latest series of drill results from the Shark’s Mouth, Shark’s Belly, Etna, and North Jumbo targets on the Gold Spring Project in Utah.

As quoted in the press release:

Highlights from the ten holes include the following new mineralized areas:

Etna – 9 metres of 1.7 g/t gold Eq within 40 metres of 0.6 g/t gold Eq
Including
1.5 metres of 5.2 gt gold Eq
And
Shark’s Belly – 3 metres of 3.3 g/t gold Eq within 9 metres of 1.7 g/t gold Eq
And
North Jumbo – 1.5 metres of 3.8 g/t gold Eq within 6 metres of 1.5 g/t gold Eq
 

Ralph Fitch President of High Desert Gold, commented:

These are the next series of holes from the 2012 program and again confirm our prediction that we would find new gold mineralization in undrilled areas below outcropping gold mineralization. As in the last press release I am pleased to be able to report that we have discovered 3 new areas of mineralization, the Shark’s Belly, Etna and North Jumbo. Each of these areas has the potential to expand into new resource areas with further drilling later this season. The next series of holes to be reported will include drilling from Silica Hill, Tin Can, Pope, Fluorite and Grey Eagle. I am very pleased to report HDG has increased its interest in Gold Springs to approximately 70%. Over the year we have added to our land package in the district and with increased ownership we can drive even greater value for our shareholders in an up-and-coming gold district.

Click here to read the full press release.

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