High
Desert Gold Corporation is focused on the discovery and development
of precious metal deposits
in North America.
Increase shareholder value through the discovery and development of precious metal deposits with, or without partners.
●
Material properties located in known mineral trends
●
Senior Management has collectively over 100 years of experience
●
Proven track record of success
Except as set
out below, the Qualified Persons on the Gold Springs property are
Ralph Fitch President and CEO and Randall Moore, Executive Vice
President of Exploration of High Desert Gold Corporation who have
prepared, reviewed and approved the content of this website.
The
Qualified Person for the March 2013 resource estimate at Gold
Springs is Dr. A. Armitage, PGeol, of GeoVector Management Inc. Dr.
Armitage is independent of the Company and prepared the technical
information regarding the resource estimate which is referred to in
this website.
Gold Springs - Nevada/Utah
The
Gold Springs 82/18 JV with Pilot Gold Inc. with HDG as the managing
partner. Gold Springs is a volcanic hosted epithermal gold target within
Nevada and Utah.
Eighteen high priority targets containing rock chip samples of +1 gpt Au
have been identified thus far.
The Company completed 56 drill holes at Gold Springs
in 2012 and recently initiated the 2013 drill program which is
planned to be
approximately 100 drill holes. The Company
announced the latest resource update at Gold Springs on March 28 of
this year through the completion of an updated inferred
resource estimate for the Jumbo Zone and an initial inferred
resource estimate for the Grey Eagle Zone. These two targets represent only two of the eighteen
outcropping targets identified so far in the 74 sq. km Gold Springs
District.
The Inferred Resource:
|
|
Gold |
Silver |
Gold Equivalent
AuEq* |
|
Cut-off Grade (AuEq* g/t) |
Tonnes |
Grade
(g/t) |
Troy Ounces |
Grade
(g/t) |
Troy Ounces |
Grade
(g/t) |
Troy Ounces |
|
0.3 g/t |
19,373,085 |
0.48 |
301,756 |
10.4 |
6,476,149 |
0.67 |
415,254 |
|
0.6 g/t |
7,401,016 |
0.81 |
193,145 |
14.4 |
3,422,896 |
1.06 |
253,119 |
The Qualified Person for the March 2013 resource estimate at Gold
Springs is Dr. A. Armitage, PGeol, of GeoVector Management Inc. Dr.
Armitage is independent of the Company and prepared the technical
information regarding the resource estimate.
Highlights:
- The newly defined inferred resource of 415,254 oz. AuEq*averaging
0.67 g/t AuEq* is based on an AuEq* cutoff of 0.3 g/t. If the
cutoff is increased to 0.6 g/t AuEq* then the resource grade
increases to 1.06 g/t AuEq* for a total of 253,119 oz. AuEq*. The
gold-silver mineralization at both the Jumbo and Grey Eagle Zones
are believed to continue
laterally and to depth as the drilling
to date has typically only penetrated the top 150 metres
vertically below the surface.
- The mineralization typically projects to the surface. There is
little or no cover in the majority of the resource area.
- Metallurgy has shown average gold recoveries of 92% by
cyanidation of 200 mesh material. (PR13-01, January 28, 2013)
- Metallurgical testing at Jumbo shows that up to 57.2 % of the
gold is recoverable by gravity means. (PR10-17, October 18, 2010)
- The ZTEM geophysical survey, completed in 2011, indicates that
the gold-silver bearing geological/geophysical setting that has
been drilled at the Jumbo may continue for approximately 8
kilometres along strike, much of which remains untested. (PR12-14,
August 16, 2012)
*All references to gold equivalent (AuEq) calculations reflect
gross metal content using metal prices of $1,600/oz gold (Au), and
$28/oz silver (Ag), and have not been adjusted for metallurgical
recoveries.
Canasta Dorada - Sonora,
Mexico
The
Company’s Canasta Dorada gold property in Sonora, Mexico was transferred
to Highvista Gold Inc. (TSXV:HVV.V). HDG’s 30.5% share
consists of approximately 10.7 million shares of Highvista
Gold.
San Antonio
– Sonora, Mexico
- Gold-silver mineralization in
this high priority target area occurs within quartz veins and
stock-work zones within "skarned" limestones and sandstones.
- Land position: 4,230 Ha
- The Company has followed this
target zone for more than one kilometre along strike.
Initial Drill
Program Completed:
|
From (m)
|
To (m)
|
Thickness (m)
|
Gold (g/t)
|
Silver (g/t)
|
|
0.0
|
25.8
|
25.8
|
1.394
|
11.1
|
|
including
|
|
|
|
|
|
13.7
|
24.3
|
10.6
|
3.029
|
22.3
|
|
includes
|
|
|
|
|
|
19.8
|
24.3
|
4.5
|
5.722
|
24.4
|
|
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