High Desert Gold Extends Grey Eagle and Jumbo Gold Mineralization at Gold Springs

- February 15th, 2013

High Desert Gold Corporation (TSXV:HDG,OTCQX:HDGCF) announced results from the final 11 holes of the 53 drill hole program completed in 2012.

High Desert Gold Corporation (TSXV:HDG,OTCQX:HDGCF) announced results from the final 11 holes of the 53 drill hole program completed in 2012.

As quoted in the press release:

Results expand the potential strike length of the gold mineralization previously reported at Grey Eagle in Nevada where several intercepts of plus 6 g/t gold have been located and previously reported (see HDG PR12-14, Aug. 16, 2012). RC hole GE-12-10 is particularly important in that it suggests that the known gold mineralization extends under cover to the SW of previous holes for approximately 100 metres. Drilling has now outlined the Grey Eagle zone for a total of approximately 500 metres of strike. Also, at the Jumbo target in Utah, drilling to the west of the resource block indicates that the resource may extend in that direction.

High Gold’s President and CEO, Ralph Fitch, said:

An important conclusion can be drawn from the 2012 drill results. Drilling at Grey Eagle has located a significant new zone of mineralization which is likely to develop into our second resource area. So, the first of our 18 areas with outcropping gold mineralization we drilled, “Jumbo”, developed into a resource and now Grey Eagle, the second area in which we have drilled sufficient holes, is also likely to develop into a resource area. As we have said before this leaves us with 16 more outcropping gold targets to drill at Gold Springs.

To view the whole press release, click here. 

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