High Desert Gold Reports Updated Resource Estimate for Gold Springs
High Desert Gold Corporation (HDG.V) announced the completion of an updated inferred resource estimate for the Jumbo Zone and an initial inferred resource estimate for the Grey Eagle Zone at the Gold Springs gold-silver project that straddles the Nevada-Utah border.
The newly defined inferred resource of 415,254 oz. gold equivalent (AuEq) averaging 0.67 g/t AuEq is based on an AuEq cutoff of 0.3 g/t.
The updated resource was estimated for the Jumbo Zone in Utah and the Grey Eagle Zone in Nevada, both of which are open to expansion. These two targets represent only two of the eighteen outcropping targets identified so far in the 74 sq. km Gold Springs District.
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