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Carlin/Humboldt, Nevada
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Rattlesnake Hills, Wyoming
Jake Creek, Nevada
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Carlin/Humboldt, Nevada
Rattlesnake Hills, Wyoming
Jake Creek, Nevada
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» Carlin/Humboldt, Nevada
Carlin/Humboldt, Nevada
Two Projects
Humboldt Project – 100% Evolving Gold
Carlin Project – Subject to Newmont Agreement
Location
Carlin Trend – 75 million ounces of production
Processing infrastructure in place, mills, autoclaves, roasters
Processing plants will get “hungry” for feed
Open pits are coming to the end of their lives
The future in the Carlin Trend will be underground
South Carlin Trend neglected due to cover and depth
Between Gold Quarry and Rain Mines
Detailed gravity surveys used in targeting
Over 24 targets indicated, 16 on 100% Evolving Gold lands
Drilled one target, holes CAR-002 through 009
Drilling 7-9 targets in 2010
Improving understanding of the system and structure
MT (magneto telluric) surveys to assist in targeting
Land Position
Evolving Gold’s land position second largest in Carlin Trend
145 square kilometers (56 square miles)
Approximately two thirds is in Humboldt Project
100% control by Evolving Gold
Approximately one third is in Carlin Project
Subject to Newmont agreement
Drilling
First deep drill hole, CAR-002
Right host rocks, alteration, trace elements
Thick, multiple gold zones (35m at 1.2gpt Au)
Locally includes higher grades (1.5m at 11.9gpt Au)
Second deep drill hole, CAR-007
Intersected thick high grade gold (18.3m at 11.7gpt Au)
Additional drill holes, CAR-008 and CAR-009
Thick gold zones
Continue to expand the gold zone