By Kalwinder KaurSep 6 2012
High Desert Gold (HDG), a mineral exploration firm, has reported that the recent drilling results have been obtained from its Gold Springs project.
Final results have been obtained from 12 extra holes and the company prepares for the resource extension phase of this year’s drilling. The company is waiting for remaining drill hole results from the Gold springs project.
HDG intercepted mineralization, which needs additional follow-up drilling, at Pope, Tin Can and Silica Hill in Nevada. The best intercept was from Pope, including 4.7 g/t gold equivalent (AuEq) over 3 m and 1.01 g/t AuEq over 16.8 m. This mineralization was specifically encountered at 76 m in hole P-12-001 and may possibly expand to surface.
According to HDG’s President, Ralph Fitch, these drilling results validate the presence of mineralized gold in several additional target areas at the Gold Springs property. Currently, the exploration phase for this year’s drilling has located seven fresh regions, which have capability to provide further resources. Applications for drill permits have been made for the drilling program’s resource expansion stage that has been planned to commence in October. This campaign will begin by performing drilling around the Grey Eagle high-grade mineralization along with an objective to expand further resources in this region.
The company has obtained most of the results from the targets such as Grey Eagle, Fluorite, Pope, Tin Can and Silica Hill. With the receipt of major drill hole results, HDG is planning for resource extension stage for this year’s campaign. Final drill sites will be decided in the coming weeks, but the company will possibly drill at the Etna, Grey Eagle, Shark’s Belly, Shark’s Mouth, Jumbo, Tin Can, Pope and Silica Hill. Additional drill program at these target areas is considered to result in developing further resources.
Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.