Evolving Gold: Drilling Significantly Extends Gold System at the Rattlesnake ...
/PRNewswire/ - Evolving Gold Corp. (TSX: EVG) (OTCQX: EVOGF) (FSE: EV7) (the "Company") is pleased to provide an update of the drilling program at its Rattlesnake Hills joint venture gold property in Wyoming. Rattlesnake Hills is a joint venture with Agnico-Eagle (USA) Limited (Agnico-Eagle). Agnico-Eagle is the manager of the joint venture and is funding 100 percent of the current exploration program.Summary of Results:
The 2011 summer program at Rattlesnake Hills has completed a total of 8,193 m (26,880 ft) of core drilling in 24 holes. The results of the first 11 holes are reported here. Drilling has extended gold mineralization at the North Stock target to depth and to the south west. Drill hole RSC-160 intersected 282.9 m at 1.08 g/t Au (927.9 ft at 0.031 oz/t), including 39.6 m at 2.57 g/t Au (129.4 ft at 0.075 oz/t) , confirming vertical continuity of gold mineralization to below a depth of 300 meters. Drill hole RSC-165 intersected 115.8 m at 0.50 g/t Au (379.8 ft at 0.015 oz/t) extending gold mineralization some 40 m to the south west of the know gold body. Gold extensions are open to the south, west and at depth. Future drilling will continue to follow up on demonstrated extensions of the North Stock gold deposit. Drilling between the North Stock and Antelope Basin gold deposits has encountered broad intersections of gold mineralization. Drill hole RSC-167 intersected 62.5 m at 0.51 g/t Au (205.0 ft at 0.015 oz/t) 200 m south of the North Stock deposit and 300 m north of the Antelope Basin deposit. This mineralization has the potential to become a connecting zone of gold mineralization between the two deposits. Drilling will continue to further explore and define this area. In addition to the drill program, Agnico-Eagle initiated an extensive surface exploration effort and a district-wide airborne magnetic and radiometric survey was completed. Only a fraction of the Rattlesnake Hills land package has previously seen modern exploration techniques applied to it. This program is expected to highlight more gold target zones on the property.
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Evolving Gold is focused on exploring its gold properties in and adjacent to the productive Carlin district of northern Nevada, and on advancing its gold discovery at Rattlesnake Hills, Wyoming. In compliance with National Instrument 43-101,
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