Gold Springs News....!
August 04, 2011 09:50 ET
High Desert Gold Discovers New Areas of Gold/Silver Mineralization on its 100%-Owned San Antonio Project, Sonora, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 4, 2011) - High Desert Gold Corporation (TSX VENTURE:HDG)(PINK SHEETS:HDGCF)("HDG" or the "Company") is pleased to announce that the Company hasidentified two new areas of high-grade gold/silver and base metalmineralization, and a third area of skarn mineralization, at itswholly-owned San Antonio Project in Sonora, Mexico.
One of the new areas of mineralization which is located 2 kmto the northeast of the recent drilling (see HDG PR11-09, May 11, 2011)is characterized by mineralization hosted along a low-angle contactbetween porphyritic rhyolite intrusive and calcareous sandstone. Samples45174-45177 were collected from the intrusive contact and sample 45178was collected from a favorable horizon within the sedimentary sequence.Sample results from this zone are as follow:
Ralph Fitch, President of the Company stated "These new areasof mineralization which have similar characteristics to the recentlydrilled and reported 10.6 metres @ 3.029 g/t gold, 22.3 g/t silver,0.32% lead and 0.26% zinc greatly increase the potential of the propertyand demonstrate the wide spread occurrence of gold, silver andbase-metal mineralization on the property".
The ongoing program is designed to build on the knowledgegained through the recent drill program (see HDG PR11-09, May 11, 2011).This work has identified three areas of mineralization located 1 km tothe north and another 2 km northeast of the recently completed drillprogram and a third area to the southeast. Mineralization consisting ofgold, silver, lead, copper and zinc is hosted by favourable rocks withinthe sandstone and limestone units and in structures and along thecontact between a porphyritic rhyolite intrusive and carbonatesequences. In all three areas HDG has discovered old workings which haveexploited the mineralization over widths from 0.5 to 15 metres.
The second zone of mineralization is located approximately 1km north of the recent drilling. This zone is represented bymineralization hosted within favorable rock units of calcareous shaleand sandstone. As seen in the table below, this zone is characterized bystrong lead and silver values.
The third area of interest which was generated by the recentfield activities is located approximately 2.5 km southeast of the recentdrilling and is represented by a garnet skarn with elevated metalvalues. While this area does not have as high grades as those outlinedabove, it is significant in that it may be an indication of extensiveskarn or replacement mineralization associated with a quartz monzonitewhich is located in this area. Samples from this area have elevatedvalues in bismuth, copper, iron, molybdenum, lead, tungsten and zincwhich are all suggestive of an intrusive related mineralizing system.
With this recent work HDG has demonstrated that the preciousand base metal system at San Antonio is much more extensive than thearea which was drilled earlier this year and has the potential to hostlarge, high-grade systems.
The Qualified Person on the San Antonio property is RandallMoore, Executive Vice President of Exploration of High Desert GoldCorporation and he has reviewed and approved the content of this pressrelease. Assays were performed in Reno, Nevada by InspectorateLaboratories, an ISO 9001:2000 Certified laboratory. Gold was analyzedby fire assay of a 30 gram sample with an AA finish. Gold was analyzedby the Au-AA23 method, with values >1 gpt re-assayed using Au- GRA21.All other elements were analyzed by the ME-MS41 method.
There has been insufficient exploration to define a mineralresource at San Antonio and it is uncertain if further exploration willresult in the targets at the project being delineated as a mineralresource.
ABOUT HIGH DESERT GOLD
The Company is a mineral exploration company that acquiresand explores mineral properties, primarily gold, copper and silver, inNorth America. The major properties held by HDG are the Gold Springsgold project situated along the border between Utah and Nevada and theSan Antonio project in Sonora, Mexico. The Company recently completed adrilling program at Gold Springs and has submitted samples for analysisto an assay lab and should be able to report results in the near future.