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Evolving Gold Mobilizes 4th Core Drill Rig to Expand High Grade Zone at Rattlesnake Hills
Evolving Gold Mobilizes 4th Core Drill Rig to Expand High Grade Zone at Rattlesnake Hills
About this update from Carlin Gold Corporation
[{"type":"text","content":"\nEvolving Gold Mobilizes 4th Core Drill Rig to Expand High Grade Zone at Rattlesnake Hills\n\n\n Jul. 23, 2009 (Baystreet.ca) -- VANCOUVER -- Evolving Gold Corp. (TSXV: EVG) (FSE: EV7) (the \"Company\") is pleased to announce that it is mobilizing a fourth core drill rig at Rattlesnake to define the true width and size potential of the high grade gold mineralization. The Company has an option to acquire 100% of the Rattlesnake Hills property.\n\nWith the recent exercise of a portion of the outstanding warrants, the Company now has approximately $18 million in its Treasury allowing it to aggressively explore and advance this project. \n\n\n- The recent intersection of 67.1 meters at 10.8 gpt Au in drill hole\nRSC-020 has expanded the high grade zone of mineralization at\nRattlesnake approximately 145 meters southwest of the high grade\npreviously reported in RSC-007 and RSC-003.\n\n- The fourth drill rig will be focused on offset drilling to better\ndefine the true width and size potential of the high grade gold\nmineralization at Rattlesnake.\n\n- Two other drill rigs will continue to focus on North Stock, to test\nother targets and to better define the geometry, size and grade of the\nbulk tonnage gold mineralization.\n\n- One drill rig will continue to test the gold mineralization in the\nAntelope Basin and South Stock areas, up to one kilometer south of the\nNorth Stock target.\n\n- Consultations with the permitting authorities in Wyoming have\nindicated that the fourth drill rig is within the scope of our current\npermit. The added rig is on the property and drilling.\n>>\n\n\n\"This fourth drill rig will allow us to continue with our overall drilling plans, while giving us the capacity to properly define the high grade gold mineralization at \nRattlesnake and offset the existing high grade intersections,\" says Quinton Hennigh, President and Chief Geologist. \"This will allow us to effectively explore the exciting high grade portion of this major gold system. We hope to drill 25,000 meters at Rattlesnake this year, an increase of 10,000 meters over our original plan.\" Robert Barker, CEO, adds, \"It is critical in our drill program that we properly test both the high grade and the bulk tonnage targets at Rattlesnake. This added drill rig will help ensure that we have enough information by the end of the drill season on bot...