Monday, 29th September 2008 (272 views)

High Desert Gold has announced that it has acquired the Artillery Peak project in western Arizona.

It signed an option- to-purchase agreement on the site after geochemical results showed that a series of high-grade veins are present, including some that are exposed on the surface.

Grab samples grading up to 50.2 g/t gold were obtained by the previous owner from the project.

In addition, confirmation sampling carried out by High Desert returned results of up to 11.9 g/t gold.

The firm stated that it believes the site has the potential to "develop into a bulk mineable target".

In the meantime, it intends to continue with its ongoing programmes focused on North America, particularly in Nevada and Arizona, along with a newly-launched project in Alaska.

Recently, Rocmec Mining and Great Basin Gold joined forces to test a thermal fragmentation system for the first time in Nevada, according to the Canadian Mining Journal.

 

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