evg news
posted on
Dec 16, 2010 09:49AM
Edit this title from the Fast Facts Section
VANCOUVER, Dec. 16 /CNW/ - Evolving Gold Corp. (TSX: EVG) (FSE: EV7) (the "Company") is pleased to
announce additional assay results from the 2010 core drilling program
at its Rattlesnake Hills project in central Wyoming. The infill
drilling program at the North Stock gold zone continues to intersect
long intervals of gold mineralization. Drill hole RSC-144 intersected
251 meters at 1.5 grams per tonne Au, including 38 meters at 3.18 grams
per tonne Au.
Summary of Results:
Drill hole RSC-144 was collared within the North Stock gold zone and
oriented to the northeast. Drill hole RSC-141, assays for which were
released earlier this week, was drilled from the same drill pad, with
the same orientation but at a steeper inclination. Hole RSC-141
intersected 332 meters at1.28 gpt gold, starting at surface. The new
hole, RSC-144, was designed to fill a gap in past drilling and
intersected 251 meters at 1.5 gpt gold, including several higher grade
zones.
Drill hole RSC-143 was a step out hole on the southwestern margin of the
North Stock Hill and outside of the identified North Stock gold zone.
It intersected two intervals of modest grade mineralization, including
48 meters at 0.61 gpt gold and 59 meters at 0.34 gpt gold.
"The latest assay results from our infill drilling continue to provide
strong support for both the continuity and extent of the central gold
zone. These results are also very encouraging as they continue to
define the grade and distribution of the large volume of modest grade
gold mineralization that should fall within the limits of a potential
open pit," says Quinton Hennigh, President and Chief Geologist of
Evolving Gold.
The Company completed a total of 63 core holes in 2010, for a total of
approximately 25,600 meters (84,000 ft) of drilling. Assays are still
pending for 12 drill holes. Of the remaining holes, seven are infill
and step-out drill holes at North Stock, and five are infill and
step-out drill holes at Antelope Basin.
Mineralized Intervals, North Stock Zone
Drill Hole |
From (meters) |
To (meters) |
Interval (meters) |
Gold grams/tonne |
|
Length (feet) |
Gold ounces/ton |
RSC-143 |
227.1 295.7 |
275.9 355.1 |
48.8 59.4 |
0.61 0.34 |
|
160 195 |
0.018 0.009 |
RSC-144 Includes Includes Includes Includes |
41.1 108.2 109.7 214.9 221.0 |
292.6 146.3 128.0 228.6 228.6 |
251.5 38.1 18.3 13.7 7.6 |
1.5 3.18 3.8 7.81 12.05 |
|
825 125 60 45 25 |
0.044 0.093 0.111 0.228 0.352 |
All drill hole averages are weighted averages, weighting each assay
interval according to the core length for that assay interval. All
assay intervals are included in the average, with no bottom cut-off.
True widths of mineralization in these drill holes, at this stage of
exploration, are not precisely known. Gold assays were completed by SGS
Canada Inc. in Toronto, using a 30 gram charge, fire assay, with an ICP
finish.
About Evolving Gold Corp.
Evolving Gold is focused on exploring its gold discovery at Rattlesnake
Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek
gold district in Colorado, and on four gold properties in and adjacent
to the productive Carlin district of northern Nevada, two of which are
100% controlled by Evolving Gold. In compliance with National
Instrument 43-101, Quinton Hennigh, Ph.D., P.Geo., is the Qualified
Person responsible for the accuracy of this news release.
For more information about Evolving Gold please visit: www.evolvinggold.com. To receive regular updates or to receive a follow-up call from
Investor Relations please sign up at: http://evolvinggold.com/sign-up.php.
On Behalf of the Board of Directors
EVOLVING GOLD CORP.
"Robert Barker"
Robert Barker