About six weeks ago, South American Silver (SAC.TO) announced an offer to merge with High Desert Gold (HDG.V). In this flash update we will explain why we think the offer is fair and should be accepted by the shareholders of High Desert Gold.
South American Silver
High Desert Gold (HDG.V) has announced it entered into an agreement to be acquired by South American Silver Corp (SAC.TO) which already held 18.5% of HDG’s shares. The transaction will not involve any cash payment, but HDG-shareholders will receive 0.275 shares of SAC. This means that at the current share […]
High Desert Gold (HDG.V) has announced metallurgical test results on its 100% owned Gold Springs project on the Nevada/Utah border. The company concluded its bottle roll tests and reported a gold recovery of between 79% and 89% depending on the zone the ore is coming from. Even though this is […]
High Desert Gold (HDG.V) has announced more drill results at its now 100% owned Gold Springs project on the border of Nevada and Utah. The company has now completed 43 reverse circulation holes and is almost halfway its planned 2013 exploration program. Of interest is a long intercept of 111 […]
Not entirely unexpected, High Desert Gold (HDG.V) acquired the remaining 17.5% of the Gold Springs Project from Pilot Gold (PLG.TO). This is the acquisition we’ve been waiting for a while as we believe a 100% ownership in the project will make it easier for the market to put a value […]
High Desert Gold (HDG.V) has now completed 34 reverse circulation drill holes on its 82% owned Gold Springs property and now announces the results of six more holes. The best result is an excellent intercept of 61 meters at 1.07g/t gold-equivalent, which included a shorter intercept of 20 meters at […]
High Desert Gold hit gold mineralization in the first 9 drill holes on the Jumbo and Grey Eagle Zone. This is very encouraging to quickly expand the current resource estimate towards the 1M gold-equivalent ounces mark. As the company is halfway its drill campaign, we expect a very continuous newsflow […]
High Desert Gold (HDG.V) has announced a first batch of drill results of the 2013 exploration program at their 82% owned Gold Springs Project in Nevada/Utah, USA. Of interest is the interval of almost 26 meters at a grade of 0.97g/t gold and almost 1.5oz/t silver, resulting in a gold-equivalent […]
Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices. In this interview for The Gold Report, Thibaut Lepouttre, editor of Caesars Report, discusses which jurisdictions offer better value to investors and which countries to avoid. He also offers suggestions on where to […]
We fired our questions at Richard Doran, Executive Vice President of High Desert Gold (HDG.V).
High Desert Gold (HDG.V) has announced an update on their exploration plans on their 82% owned Gold Springs project on the border of Nevada and Utah. High Desert Gold has re-started drilling at Gold Springs and is planning to drill approximately 100 holes this year to considerably increase the current […]
High Desert Gold (HDG.V) has announced an updated resource estimate on their 82%- owned Gold Springs project to the market last week. Using a cutoff grade of 0.3g/t AuEq, this new resource estimate contains approximately 415k gold-equivalent ounces at an average grade of 0.67g/t AuEq. If we raise the cutoff […]