High Desert Gold Corporation Plans Aggressive Exploration Program at Gold Springs in 2013 and Increases Ownership in the Project to 82%
Published : February 14, 2013
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Keywords :   Copper | G Mexico | Gold | Market | Mexico | Report | Silver | Utah |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 13, 2013) - High Desert Gold Corporation ("HDG" or the "Company") (News - Market indicators)(OTCQX:HDGCF) is pleased to report that The Company and its partner Pilot Gold Inc. ("Pilot"), have approved an aggressive exploration program at Gold Springs for this year that will comprise approximately 100 reverse circulation drill holes with a focus on expanding the resource at the Jumbo "trend" and adding a new resource at Grey Eagle.

This aggressive program increases the Company's interest in the property to 82% because Pilot has elected not to contribute financially to this program due to other priorities in their portfolio of properties.

Ralph Fitch, President and CEO of the Company, stated "We are very excited to move forward with an aggressive exploration program in 2013 with drilling expected to start in April and are pleased to have increased our ownership in Gold Springs, thereby providing our shareholders with increased exposure to the continuing success we are anticipating at the project."

The Company plans to announce the remaining drill results from the 2012 program within a few days, pending final analysis, and an updated resource on the Gold Springs Project based on the 2012 drilling results by the end of the 1st quarter, 2013.

ABOUT HIGH DESERT GOLD

The Company is a mineral exploration company that acquires and explores mineral properties, primarily gold, copper and silver, in North America. The principal property held by HDG is an 82% interest in the Gold Springs gold project situated along the border between Utah and Nevada. The Company also holds direct interests in a number of other properties including the San Antonio project in Sonora, Mexico, the Gold Lake property in New Mexico, and the Kinkaid and Pinyon properties in Nevada. The Company also has a 30.5% interest in the Canasta Dorada property in Sonora, Mexico, through its equity interest in Highvista Gold Inc.

Certain statements contained herein constitute "forward-looking statements". 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 "will", "plan", "move forward", "continuing", "anticipating", "expect", and similar expressions. These statements include, but are not limited to, statements regarding the planned exploration program and continued advancement of the Gold Springs property. These forward- looking statements are based on current expectations and entail various risks and uncertainties. Actual results may materially differ from expectations, if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to the availability of sufficient financing to fund planned or further required work in a timely manner and on acceptable terms; changes in project parameters as plans continue to be refined and other risks more fully described in the Company's Management Discussion & Analysis of Financial Position and Results of Operations, which is available on SEDAR at www.sedar.com. The material assumptions that were applied in developing the forward-looking statements include: the availability of sufficient funding, equipment and qualified personnel and the timely receipt of permits to advance the Gold Springs project; and the execution of the Company's existing plans and further exploration and development programs for Gold Springs, which may change due to changes in the views of the Company or if new information arises which makes it prudent to change such plans or programs. Readers are cautioned not to place undue reliance on the forward-looking statements contained in this press release. Except as required by law, HDG assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason. Unless otherwise indicated, forward-looking statements in this release describe the Company's expectations as of February 13, 2013.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

High Desert Gold Corporation
Richard Doran
Executive Vice President
(303) 584-0608
(303) 758-2063 (FAX)
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

High Desert Gold Corp.

EXPLORATION STAGE
CODE : HDG.V
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High Desert Gold is a gold exploration company based in Canada.

High Desert Gold holds various exploration projects in Mexico.

Its main exploration properties are ARTILLERY PEAK GOLD and GOLD LAKE PROPERTY in USA and GOLD SPRINGS, CANASTA DORADA, SAN ANTONIO PROPERTY and BATAMOTE in Mexico.

High Desert Gold is listed in Canada. Its market capitalisation is CA$ 6.3 millions as of today (US$ 5.9 millions, € 4.3 millions).

Its stock quote reached its highest recent level on March 11, 2011 at CA$ 0.73, and its lowest recent point on October 18, 2013 at CA$ 0.04.

High Desert Gold has 78 285 000 shares outstanding.

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Annual reports of High Desert Gold Corp.
2010 Annual Report MD&A
2010 Annual report
2009 Annual Report
2008 Annual Report
Option Grants of High Desert Gold Corp.
7/25/2013Engages New Investor Relations Consultant
3/30/2012Renews agreement with IR Consultants and grants new incentiv...
4/29/2011Grants Incentive Stock Options
Nominations of High Desert Gold Corp.
2/21/2013Announces Appointment of New Director
Financials of High Desert Gold Corp.
4/26/2013Files Fiscal 2012 Annual Financial Statements
8/31/2012Q2 2012 MD&A
8/31/2012Q2 2012 Financial Statement
8/31/2012Second Quarter 2012 Financial Statements
11/23/20112011 Q3 financial report
6/28/2011Files First Quarter 2011 Financial Statements
4/28/2011Files Fiscal 2010 Annual Financial Statements
3/31/2011Q1 2011 Financial Report
Project news of High Desert Gold Corp.
8/20/2013(Gold Springs)Reports Continued Drilling Success from the 100% Owned Gold ...
4/16/2013(Gold Springs)Announces: Drilling to Start at Gold Springs and 2013 Explor...
3/28/2013(Gold Springs)Reports an Updated Resource Estimate for Gold Springs
1/28/2013(Gold Springs)Reports Bottle Roll, Metallurgical Tests on Drill Cuttings f...
10/24/2012(Gold Springs)Reports Results from the Grey Eagle Target at Gold Springs, ...
10/4/2012(Gold Springs)Initiates Second Phase of Drilling at the Gold Springs Proje...
10/4/2012(Gold Springs)Initiates Second Phase of Drilling at the Gold Springs Proje...
8/31/2012(Gold Springs)Intersects 21.4 Metres Grading 5.6 g/t Gold and 32.4 g/t Sil...
5/2/2012(Gold Springs)Drilling in progress at Gold Spings
4/5/2012(Gold Springs)Drilling to start mid-april at Gold Springs
3/19/2012(Gold Springs)Announces the approval from the Nevada BLM for drill plans a...
2/7/2012(Gold Springs)Technical Report confirming Resource Estimate for the Jumbo ...
1/18/2012(Gold Springs)Doscovery of a second major gold target at Gold Springs
12/22/2011(Gold Springs)Resource estimate for the Jumbo Zone at Gold Springs
11/25/2011(Gold Springs)Update on activities at the Gold Spring Project
8/4/2011(San Antonio Property)Discovers new areas of gold/silver on its San Antonio Projec...
7/12/2011(Gold Springs)Pilot Gold announces completion of Gold Springs earn-in opti...
7/12/2011(Gold Springs)Completes Earn-In for 60%-Interest in the Gold Springs Proje...
5/15/2011(San Antonio Property)Reports Drilling Results at San Antonio Gold Project, Sonora...
4/26/2011(Artillery Peak Gold)Announces Positive Gold Results from Trenching Program at Ar...
4/26/2011(Gold Springs)Announces Positive Gold Results from Trenching Program at Ar...
4/13/2011(Gold Springs)Announces 2011 Exploration Program, Including Plans for the ...
8/20/2010(Gold Springs)Announces Strong Drill Results from its Gold Springs Project
Corporate news of High Desert Gold Corp.
12/10/2013SOUTH AMERICAN SILVER CORP. SHAREHOLDERS APPROVE PLAN OF ARR...
10/22/2013South American Silver Corp. Enters into an Agreement to Acqu...
10/21/2013Enters into Agreement to be Acquired by Well-Financed South ...
9/10/2013(Gold Springs)Drills Its Best Hole in 2013 on the 100% Owned Gold Springs ...
8/2/2013(Gold Springs)Enters Into Agreement to Buy Pilot Gold's Interest in Gold S...
7/10/2013(Gold Springs)Reports Drilling Results from the Gold Springs Project at Gr...
6/6/2013(Gold Springs)Reports First 2013 Drilling Results from the Gold Springs Pr...
4/8/2013Adopts Advance Notice By-Law
11/7/2012(Gold Springs)Reports Final Results from Trenching at the Grey Eagle Targe...
10/15/2012(Gold Springs)Reports Drilling and Trenching Progress at the Grey Eagle Ta...
8/31/2012(Gold Springs)Discovery of New Gold Zones and Increased Ownership on the G...
4/30/2012Files fiscal 2011 Annual Financial Statements
3/30/2012Renews agreement with IR Consultants and grants new incentiv...
2/22/2012Closes previously announced $4,7 million financing
2/15/2012Increases the size of its current financing to $4,7 millions
10/6/2011Closing of Qualifying Transaction by Highvista
2/24/2011Joins the OTCQX in the U.S.
4/21/2010Management’s Discussion and Analysis of Financial Position a...
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