High Desert Gold Reports Strong Drill Results from Its Gold Springs Project

email Email  Print Print   Reproduction
Thu, Aug 19, 2010
Gold Company News
Post by Geetha Raghavan, Gold Research Manager

High Desert Gold (CVE:HDG) reports results from its drill program at the Gold Springs project that was conducted in both Utah and Nevada.

The program was successful in extending the known gold mineralization within the main Jumbo Zone and also intersected a second, deeper zone in one drill hole that has potential to further extend the mineralization.

Ralph Fitch, President of High Desert Gold says:

“The Jumbo Zone is the first of eleven potential zones on the property. Management believes there is significant potential at Gold Springs. The Jumbo Zone is a large tabular body of mineralization presently about 800 metres long dipping at approximately 70 degrees to the east that has been identified from surface to depths of a couple of hundred metres. Mineralization is a wide envelope with samples averaging 0.3 to 0.5 g/t gold which contains a higher grade central portion averaging greater than 0.6 g/t gold with bands exceeding one gram per tonne. Typical gold grades carried as reserves in other heap leach mines in Nevada and elsewhere, include Marigold 0.63 g/t, Round Mountain 0.64 g/t and Fort Knox 0.45 g/t. We plan to follow up aggressively with further drilling at Jumbo and other zones.”

For complete news release, click here.

For High Desert Gold’s company profile, click here.

All content Copright 2011 Dig Media Inc. Disclaimer

Please see the comment policy for information on comment moderation.
Gold Price Chart
Au china copper cve dollar entire press Gold gold assays gold bullion Gold Company News gold demand gold exploration gold futures gold industry gold investing Gold Market News gold market price gold markets gold mines gold mining gold news gold price Gold prices gold production gold projects gold properties gold resources gold sector Gold Stocks gold value india investors market news mexico mineral fields group ontario ounce precious metals press release price Price of gold resources silver spot gold trend
Asides
  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

  • GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

Get our exclusive independent commentary on gold trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information