High Desert Gold Corporation

High Desert Gold Corporation

November 15, 2007 13:22 ET

High Desert Gold Corporation Announces First Drill Results From the Canasta Dorada Gold Property in Sonora, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 15, 2007) -


High Desert Gold Corporation ("HDG" or the "Company") (TSX:HDG)(TSX:HDG.WT) is pleased to announce the results of the first diamond drill hole at its Canasta Dorada gold property in Sonora, Mexico.

The first hole (DDHCD-07-001) is positioned at the bottom of the "Big Pit" area at the base of the hill containing the exposed gold mineralization. The hole collared in brecciated and silicified sediments which at surface assayed 2 to 3.5 gpt gold in this immediate area. The top 17 metres of the hole included similar sediments and mineralization to that seen at the surface, including several thin quartz feldspar porphyry dikes which are thought to be associated with gold mineralization. The hole was drilled at -65 degrees to the north. The mineralization is flat lying so true widths are approximately 91% of down hole lengths.

From (metres) To (metres) Length (metres) Gold gpt
0 17 17 0.473
0 2 2 2.187
Highest 1 m assay 0 1 3.799

The mineralized section starts at the surface and is terminated at a flat fault as expected. Assays from the remainder of the hole to a total depth of 200.2 metres have not been received; however the expectation is that the top portion of the hole reported above, is the best mineralized (with the possible exception of several 10-20 cm quartz veins). The Company recently completed the ninth hole. The first holes in the drill program have been located to drill into the exposed gold mineralization in the Big Pit area and its projections under cover.

Ralph Fitch, President, stated "I am encouraged that the first hole has intersected interesting gold grades from surface, but caution that many holes need to be drilled before the average grade and thickness of the mineralized zone in the Big Pit area can be determined. Of course, we will have to wait until later in the program for drill results from the Placer area and other defined targets on the property where the Company also obtained anomalous surface gold geochemistry."

Canasta Dorada is located in the Sonoran Gold Belt, a particularly gold enriched province extending from southern California through northern Sonora. Mines in this established gold trend include Mesquite, Picacho, La Herradura and El Chanate in the Caborca region of northwest Sonora, Mexico. One hundred and forty-three (143) channel samples from the exposures in the Big Pit area, which covers an area of approximately 375 metres by 200 metres, averaged 1.2 gpt gold (see High Desert Gold Corporation Final Prospectus, October 9, 2007 as filed on www.sedar.com).

The Company is a mineral exploration company that acquires and explores mineral properties, primarily gold, copper and silver, in North America. The three major properties held by HDG are the flagship Canasta Dorada gold property in Sonora, Mexico, the Gold Lake porphyry copper-gold-molybdenum property in New Mexico and the Monitor copper-silver property in Arizona.

Assays were performed by International Plasma Laboratories, an ISO 9001:2000 Certified laboratory. Gold is being analyzed by the G313 method that includes fire assay of a 30 g sample with an AA finish. The Qualified Person on the project is Randall Moore, Executive VP of Exploration, High Desert Gold Corporation.

Certain statements contained herein constitute "forward-looking statements". These forward-looking statements are based on current expectations. The nature, timing and extent of the exploration programs may materially change from current intentions for a number of reasons. Additionally, "forward looking statements" look into the future and provide an opinion as to the effect of certain events and trends on the business. Forward-looking statements may include words such as "plans," "intends," "anticipates," "should," "estimates," "expects," "believes," "indicates," "targeting," "suggests," "potential" "interpretation" and similar expressions. These forward-looking statements, including statements regarding the Company's beliefs in the potential mineralization, are based on current expectations and entail various risks and uncertainties. Actual results may materially differ from expectations as more information regarding the property is gathered or if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate. Subject to applicable laws, the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.

Contact Information

  • High Desert Gold Corporation
    Richard Doran
    Executive Vice President, Investor Relations
    (303) 584-0606
    (303) 758-2063 (FAX)
    Email: rdoran@highdesertgoldcorp.com