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High Desert Gold Corporation Files Third Quarter 2012 Financial Statements
Published : November 27, 2012
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Keywords :   Copper | G Mexico | Gold | Market | Market Conditions | Mexico | Silver | Utah |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2012) - High Desert Gold Corporation ("HDG" or the "Company") (News - Market indicators)(OTCQX:HDGCF) reports that it has released its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2012 and the related management's discussion and analysis of financial position and results of operations ("MD&A"). In this press release, all amounts are reflected in U.S. dollars.

As at September 30, 2012, the Company had cash and cash equivalents of $2.3 million. The Company also owns 10.7 million shares of Highvista Gold Inc. (TSX VENTURE:HVV) (34.2% equity interest) which had a quoted value of $1.9 million as at September 30, 2012. These shares are subject to a time-released regulatory escrow agreement.

The focus of the Company's exploration program in 2012 has been the Gold Springs project where the first phase of a 4,100 metre drill program has been completed and the second drilling phase is now in progress. In addition to the drill program, the Company is conducting surface geological and geochemical exploration both at Gold Springs and on the 100% owned Pinyon project adjacent to Gold Springs. The Company plans to update the existing resource at Gold Springs by the end of the year if drilling is completed on time. 

Copies of the unaudited financial statements and related MD&A can be found on SEDAR at


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 a 70% 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 34.2% interest in the Canasta Dorada property in Sonora, Mexico, through its equity interest in Highvista Gold Inc. There has been insufficient exploration to define a property-wide mineral resource at Gold Springs and it is uncertain if further exploration will result in the additional targets at Gold Springs being delineated as a mineral resource.

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 "plans", "expects", "should", "will", "believe", "likely", "intention" and similar expressions. These statements include, but are not limited to, statements regarding the 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 effect of capital market conditions and other factors on capital availability; 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 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.

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
William Filtness
Chief Financial Officer
(604) 684-0693
(604) 684-0642 (FAX)
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

High Desert Gold Corp.

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High Desert Gold is an exploration gold company based in Canada.

High Desert Gold holds various exploration projects 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
11/27/2012Files Third Quarter 2012 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
8/23/20112011 Q2 MD&A
8/23/20112011 Q2 consolidated financial statement
8/23/20112011 Q2 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...
12/28/2012South American Silver Acquires Interest in High Desert Gold ...
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
8/16/2011(Gold Springs)Reports Strong Results From Initial Drilling at Gold Springs
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 ...
1/11/2011(Gold Springs)Continues to Generate Promising Gold Results at the Gold Sp...
8/20/2010(Gold Springs)Announces Strong Drill Results from its Gold Springs Project
Corporate news of High Desert Gold Corp.
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
2/14/2013(Gold Springs)Plans Aggressive Exploration Program at Gold Springs in 2013...
12/28/2012Announces Completion of a Cdn$3.6 Million Financing
12/28/2012Announces Completion of a Cdn$3.6 Million Financing
12/17/2012(Gold Springs)Continues to Achieve Strong Drilling Results from the Gold S...
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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