High Desert Gold Corp has an excellent property portfolio with developing bulk tonnage gold resource at The Gold Springs Property in Nevada/Utah. A capital structure with 58.5 million shares outstanding. Management purchased more stock in February 2012 financing and owns 8.1%. The company has an experienced management and exploration team with past successes priority gold targets including:
▪ Gold Springs Gold Project (Nevada/Utah) – A New Developing Gold District
Initial open ended inferred resource of 233,000 AuEq oz reported for Jumbo Zone –
one of 18 similar targets– positive early metallurgical results; 60/40 Joint Venture:
HDG/Pilot Gold Inc. respectively – HDG is Manager
▪ Canasta Dorada Gold Project (Mexico) (ownership through 34.8% interest in
Highvista Gold – HVV.V presently valued at CDN$4 million): includes typical “heap
leach grade” gold drill intercepts and is located adjacent to AuRico’s 1.5 million
ounce El Chanate Mine
▪ San Antonio High Grade Gold Project (Mexico.) High grade gold and silver
mineralisation at surface – Initial drill program completed – 26m at 1.4 gt gold