Evolving Gold Corp. (TSX-V:EVG) (OTCBB:EVOGF) is pleased to announce the commencement of the Phase One drill program on its 100% owned Rattlesnake Hills Diatreme Complex Project in Wyoming, designed to expand the gold mineralization indicated by previous drilling. Evolving has two diamond drilling core rigs on site to undertake the 7,000 m (23,000 ft) drill program.
Phase One drilling will focus on the North Stock diatreme breccia which measures approximately 700 m (2,300 ft) in diameter as well as the 900 m (2,950 ft) long and 400 m (1,310 ft) wide Antelope graben extending southward from the diatreme. Evolving expects that at least one hole will test the 500 m (1,640 ft) diameter South Stock alkaline intrusion at the southern terminus of Antelope Graben. Evolving will drill fans of holes at the North Stock diatreme breccia from an array of pads on approximate 125 m (410 ft) centers to a vertical depth of 500 m (1,640 ft).
Evolving has identified a second diatreme with a diameter of 900 m (2,950 ft) immediately northeast of the known, North Stock diatreme. The second diatreme displays similar alteration to the North Stock diatreme and covers a mapped footprint of alteration encompassing at least 1.5 square kilometers (0.58 square miles). Phase Two drilling will include the second diatreme.
Evolving has staked an additional 243 ha (600 acres) increasing its total land position at the Rattlesnake Project to approximately 1,578 ha (3,900 acres).
Historical results (not 43-101 compliant) of the breccias of the diatreme and graben have encountered drill intercepts including 149 m (489 ft) @ 1.62 g/t Au, 75 m (246 ft) @ 1.28 g/t Au, 60 m (197 ft) @ 1.05 g/t Au, and 101 m (331 ft) @ 0.78 g/t Au. Approximately 60% of the historic holes terminate in mineralization.
The Rattlesnake Hills are host to an Eocene alkaline volcanic field covering about 260 square kilometers (100 square miles) which is part of the greater Rocky Mountain "alkalic" gold province stretching from British Columbia to northern Mexico. Other similar volcanic complexes in this belt host a number of large gold deposits such as Cripple Creek-Victor, Colorado, Zortman-Landusky, Montana and Ortiz, New Mexico. Of all the known alkaline volcanic centers in this belt, Rattlesnake Hills is one of the least explored. -- www.cnxmarketlink.com
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