Overview

High Desert Gold Corporation has a portfolio of gold properties in the US and Mexico. After its IPO in 2007, High Desert was the target of a hostile take-over bid in 2008. High Desert has emerged intact and is now moving forward on the Gold Springs Project on the Nevada/Utah border and the Canasta Dorada Project in Sonora Mexico.

Chief Properties

USA

Gold Springs – Nevada and Utah, USA

The Gold Springs Project is divided between eastern Lincoln County, Nevada and Western Iron County, Utah. It covers an estimated 4,780 acres, and consists of 250 unpatented lode claims. The Company announced that drilling began at Gold Springs on June 8, 2010, and results will be received in July 2010.

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This new drilling program will expand on historical drill results on the Jumbo target, which was drilled by Energex in 1988 and Astral Mining in 2006. This new round of drilling will also explore three new gold targets including one called the Midnight Zone, which has been traced for over 2,000 meters with widths of up to 200 meters. The historical drilling on three sections within a 300 metre segment of the 1000 metre long “Jumbo Zone”, returned very encouraging, potentially ore-grade gold-silver results.

*J88-1, J88-2, J88-4 and J88-6 end in mineralization of 1.54, 0.33, 0.5 and 0.41gpt gold respectively.

• Gold Equivalent grade was obtained using the following prices: gold US$1,000/oz and silver US$16/oz.
• True width: The structural zone has irregular boundaries so true width is difficult to determine accurately, however, it is approximately ¾ of the down-hole length.

MEXICO

Canasta Dorada Project – Sonora Mexico

Located along the historically very productive Sonora Gold Belt, the Canasta Dorada Project lies in the northwest corner of Sonora State, Mexico. The Canasta Dorada gold property consists of a total of seven concessions, covering approximately 59,800 acres.

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This region has seen increased attention since the 1990s, with many new deposits currently being mined to exploit lower-grade deposits.  The nearest mine to Canasta is the 1.5 million El Chanate mine of Capital Gold and the largest mine in the trend is the La Herradura mine ( >6 million oz) which is owned by Newmont Gold  and Penoles.

In 2008, the Company completed a 5,000 metre diamond drilling program on the property. The drill program intersected strong gold mineralization with the same geological style as the El Chanate mine, indicating potential for significant mineralization in the area.

San Antonio Project– Sonora, Mexico

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High Desert Gold holds four concessions which cover approximately 10,453 acres (4,230 hectares). The Company recently announced positive preliminary exploration results in preparation for the first drilling program on the property, scheduled to begin in the Third Quarter of 2010. A total of 187 samples were collected from the property. Assays include the following:

The Company has also obtained historical technical reports commissioned by Campbell Resources in 1992. These reports provide additional insight and substantiate High Desert Gold’s interpretation of the property’s geology. The historical reports include estimates based on earlier drill results that indicate a potential resource of one million tonnes grading 10 grams per tonne gold, within close proximity to the main structural zone. The Company plans to drill these areas to confirm and expand on past drilling results.  The resource estimate was completed prior to the NI 43-101 statue and the Company does not rely on these results but believes they represent useful background data on the property.

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This property was first explored at the turn of the century with small-scale underground mining, and a small scale surface excavation was completed within the past 20 years. While this region is a historically world-class gold and silver mining region, there has been little to no modern exploration within 80 km of the San Antonio Project.

Management

Ralph Fitch – President, CEO, Chairman & Director

Mr. Fitch, the founder of South American Silver Corp., High Desert Gold Corporation and their parent, General Minerals Corporation, is a creative geologist with over forty years of international exploration management and field experience. His prior positions included Chief Geologist (Worldwide) and Manager of United States Exploration for the Chevron Minerals Group. His broad exploration experience includes living and exploring in the British Isles, Australia, West Africa (Liberia), South Africa and the United States, as well as extensive exploration experience in South America.

Mr. Fitch was awarded the Chevron Chairman’s Award for his part in the discovery of the Ujina ore body at the Collahuasi copper porphyry project in northern Chile, for which he initiated the use of, interactively processed and interpreted the Landsat/Spot satellite images. He also directed the ore reserve estimations for the Lisheen zinc project in Ireland, another Chevron discovery, and the Stillwater platinum group metals project in Montana while he was Chief Geologist. Chevron’s interests in Collahuasi and Lisheen, which have been developed into mines, were sold for $260 million.  Earlier in his career he was involved in the discovery of the mineralization at the Bend and Horseshoe massive sulphides in Wisconsin, the Henkries uranium deposit in the Northern Cape in South Africa, the Coppins Gap Archaen porphyry copper molybdenum deposit in the Pilbara in West Australia, and the Pah-My-Yah diamond field in Liberia.

Mr. Fitch received his B.Sc. (Special) Honours Degree in Geology from the Imperial College of Science and Technology, London in 1965.

Randall L. Moore - Executive Vice President of Exploration

Mr. Moore is the Executive Vice-President of Exploration of the Company and has over 30 years of mineral exploration experience.  Prior to 2004, Mr. Moore was an independent consulting geologist and Resources Specialist for the State of Oregon.  From 2004 to September 2007, Mr. Moore was the Vice-President of North American Exploration of General Minerals Corporation (now Sprott Resource Corp.).   Mr. Moore is a Professional Geologist and has worked as the senior U.S. geologist for Cambior Exploration USA, Inc. (“Cambior”) from 1989 until 2000 when Cambior suspended exploration activities. Prior to his work with Cambior he worked for St. Joe Gold Corporation, Bond Gold Corporation, Noranda Inc., and Duval Corporation (a subsidiary of Pennzoil Corp.).

Richard Doran - Executive Vice President, Investor Relations

Mr. Doran is the Executive Vice-President  and Secretary of the Company and has over 28 years of mineral exploration experience.  From 1995 to 2004, Mr. Doran was the Manager of Investor Relations of General Minerals Corporation (now Sprott Resource Corp.) and was the Vice-President of Investor Relations of General Minerals Corporation from 2004 to September 2007.  He has been the Executive Vice President September 2006. He will continue in his role as a senior officer with SASC following completion of the Offering.  Mr. Doran has a professional engineering degree from the Colorado School of Mines and Masters of Science from Pennsylvania State University.

William Filtness – Chief Financial Officer

Mr. Filtness is Chief Financial Officer of the Company.  Mr. Filtness is a Chartered Accountant (B.C., 1980) who has been involved in the mining industry since 1987 as a director or officer of a number of public companies.  Mr. Filtness is currently Senior Consultant of Malaspina Consultants Inc., a private company that provides accounting and administrative infrastructure to junior public companies, and is President of KCT Consulting Inc., a private company that provides financial consulting services to junior public companies.  Mr. Filtness was previously  CFO of General Minerals Corporation and is currently  CFO of South American Silver Corp.  and i-minerals inc., a TSX Venture Exchange listed company.

Directors

Paul Haber

Mr. Haber is a director of the Company.  He is the Managing Director of Haber and Co. Ltd., a consulting firm. From 2004 to March 2007, he was the Vice-President, Chief Financial Officer and Corporate Secretary of QuStream Corporation, a manufacturing company listed on the TSX Venture Exchange (QVC).  From 2001 to 2004, Mr. Haber held various positions with Protana Inc., formerly MDS Proteomics Inc., including Senior Vice-President and Chief Financial Officer (2004), Vice-Preside. Mr. Haber is a Chartered Accountant and a Certified Public Accountant.

John W. Paul

Mr. Paul is a director of the Company.  Mr. Paul has over 20 years experience in the mining and petroleum industries.  Prior to his retirement in June 2006, Mr. Paul held various legal positions with Chevron Corporation since 1988.  From 2001 to 2005, Mr. Paul was the Legal Department Manager of Chevron Munaigas Inc. in Almaty, Kazakhstan and from 1999 to 2001, he was the Legal Department Manager of Chevron Niugini in Cairns, Australia and Port Moresby, Papua New Guinea.  Mr. Paul has a B.B.A., M.B.A. and J.D. and is admitted to the state bars of Colorado and California.

Tina M. Woodside

Ms. Woodside is a director of the Company.  She has been a partner with the Canadian law firm Gowling Lafleur Henderson LLP (formerly Smith Lyons LLP) since 1996.  Ms. Woodside has advised numerous Canadian and foreign companies involved in the mining sector on a wide range of matters including public offerings and mergers and acquisitions.  She has her B.A. and LL.B from Queen’s University and is a graduate of the Institute of Corporate Directors/Rotman School of Business Directors’ Education Program and has been awarded the designation “ICD.D” (certified director).