Evolving Gold- Expands High Grade Gold at Carlin

 

VANCOUVER, BC - Evolving Gold Corp. reported gold assay results for drill hole CAR-021.2, a wedge hole from CAR-021, drilled to the southeast. This drill hole has continued to expand the length of the high grade Arch Zone to the southeast. Drill hole CAR-021.2 intersected multiple intervals of high grade gold: 7.0 meters at 7.87 grams per tonne (gpt) gold that includes 0.9 meters at 17.66 gpt gold, 0.4 meters at 18.92 gpt gold, and 1.5 meters at 11.32 gpt gold, followed by 1.5 meters at 20.59 gpt gold, and followed by 2.7 meters at 14.62 gpt gold.

Drill hole CAR-021.2 is a wedge hole drilled from drill hole CAR-021. High grade gold in hole CAR-021.2 is approximately 28 meters (92 feet) southeast of similar high grade intersections in hole CAR-021.

The first significant gold intersection in hole CAR-021.2 occurs at approximately 48 meters lower than the first intersection in CAR-021 suggesting a southeasterly dip to the high grade gold zone.

Drill hole CAR-021.2 intersected multiple high grade intervals: 7.0 meters at 7.87 grams per tonne (gpt) gold that includes 0.9 meters at 17.66 gpt gold, 0.4 meters at 18.92 gpt gold, and 1.5 meters at 11.32 gpt gold, followed by 1.5 meters at 20.59 gpt gold, and followed by 2.7 meters at 14.62 gpt gold.

High grade gold intervals are distributed over a down hole length of approximately 139 meters, significantly longer than the 60-90 meters in other nearby drill holes.

Drill hole CAR-021.2 expands one of two high grade zones in the Arch Zone to approximately 100 meters north-south and east-west. The strike direction of this high grade zone is interpreted as northwest-southeast, and it is open in all directions.

"This drilling continues to expand the area of high grade gold mineralization at the Arch Zone on our Carlin project in Nevada," said R. Bruce Duncan, CEO. "The high grade gold intersections occur over a greater down hole thickness in drill hole CAR-021.2 than in any of the other nearby drill holes to the northwest. Our geologists interpret this to suggest the potential for proximity to an ore-controlling structure or feeder zone for the high grade gold mineralization as we continue to explore to the southeast. We are extremely pleased that our recent drilling intersected more high grade gold and that it continues to extend and expand the high grade gold mineralization we previously intersected in our drilling on the Arch Zone on our Carlin project."

At this stage of exploration, true thickness of intersections is not precisely known. SGS Canada Inc. and Inspectorate America are utilized by the Company for assaying. All gold assays are completed utilizing standard fire assay techniques, using a 30 gram charge. Over limits are completed using a gravimetric finish.

The company is focused on exploration and development of its gold properties in and adjacent to the productive Carlin Trend of northern Nevada, and its gold discovery at Rattlesnake Hills, Wyoming.