High Desert Gold Corporation announces that it has completed a 70 metre trench and the first three reverse circulation drill holes of the second phase drill program at the Grey Eagle target within the Gold Springs project area that straddles the Nevada/Utah border.
Four hundred and five (405) metres were drilled in the first three holes. All of the samples from the trench and the first two drill holes were submitted on October 11 to the Inspectorate laboratory in Reno, Nevada for analysis, with some samples prioritized on a rush basis. Selected sample results may be available this week or the following week.
Current plans are to complete a minimum of 8 holes on the Grey Eagle Target to better define the orientation and extent of the system. It is estimated that the completion of these holes will test approximately 225 metres of strike and approximately 100 metres vertically. Once the drilling at Grey Eagle is completed the drill will be moved to the Jumbo zone on the Utah side of the Gold Springs project.
The three drill holes and the trench completed thus far at Grey Eagle were oriented to drill the zone that was intersected in drill holes GE 12-001 and GE 12-002 which included 21.4 metres of 5.6 g/t gold and 32.4 g/t silver within a zone that averaged 2.1 g/t gold and 16.4 g/t silver over 62.5 metres, as described in the recent HDG recent press release of August 16 (HDG PR 12-14).
The Qualified Person on the Gold Springs property is Randall Moore, Executive Vice President of Exploration of High Desert Gold Corporation and he has reviewed and approved the content of this press release.
Gold Springs is a 70/30 Joint Venture with Pilot Gold Inc. in which HDG holds a 70% interest and is the operator of the Joint Venture.
Detailed maps of the target areas in both Utah and Nevada can be found on the Company's website at http://www.hdggold.com/goldsprings.html.
Source: http://www.highdesertgoldcorp.com