Rattlesnake Hills Project

Junior Mining Weekly (04/21/2009)
"Evolving Gold's most recent interest lies with the Rattlesnake Hills project in Wyoming. The company currently controls over 36,000 hectares of mineral exploration land in Nevada, Wyoming and New Mexico.
  • The Rattlesnake Hills gold prospect is located in Natrona County, Wyoming, approximately 70 kilometers west of the city of Casper. The area is host to the Rocky Mountain alkaline gold province in which a series of large prolific gold deposits, including Cripple Creek (over 25 million ounces gold), occurs along a roughly linear north to south trend.
  • Recent work by Evolving has identified a series of north to south trending diatreme breccia bodies that are associated with a north-south structural corridor and a cross-cutting northeast-southwest structural zone. Mineralization is associated with an alkalic intrusive suite, diatreme breccias and the surrounding Archean and Proterozoic sediments and volcanics. A secondary epithermal event produced higher-grade veinlet mineralization and overprints the earlier porphyry associated mineralization. The strongest mineralization outlined thus far occurs within the sedimentary and volcanic rocks on the margins of the North stock. Some of the most significant drill intervals to date include 146 meters grading 2.92 g/t Au including 27.4 meters grading 5.98 g/t Au in hole RSC-003, 131 meters grading 2.74 g/t Au in hole RSC-007.
  • The company plans to drill test the areas surrounding the North stock, a structural corridor between the North and South stocks (approximately 1.7 kilometers) and the western margins of the South stock. The current plan is to drill approximately 15,000 meters at Rattlesnake Hills starting in late April.
  • The company currently has about 9.0 million share purchase warrants priced between C$0.30 and C$0.35 that expire between 19 and 26 April 2009. In addition, it has about 7.1 million share purchase warrants priced at C$0.60 expiring 25 July 2009."

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