High Desert Gold Updates On Gold Spring Project Drilling

High Desert Gold Corporation (TSXV:HDG) reported the results from the first 6 of the 18 holes drilled at the Gold Springs Project. The 50 drill hole program, located on the Nevada/Utah border, is intented to expand existing gold areas and identify new ones for potential future projects. 

As quoted in the press release:

Highlights from the first six holes include the following:

26 metres of 1 g/t gold Eq within 81 metres of 0.61 g/t gold Eq

and

35 metres of 1.01 g/t gold Eq within 63 metres of 0.71 g/t gold Eq

and

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

President of High Desert Gold Corporation, Ralph Fitch, commented:

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 described above 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 we are 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. Our next two areas to report in the next press release will be the Shark’s Belly and Etna zones, both in Utah, which are approximately one and a half and two and a half kilometres south of Jumbo, respectively, both lying within the Jumbo Extension. The strong results reported in this press release bode well for further resource development on the Project.

Click here to read the full press release.