Wyoming Opportunity

“We’re going to Wyoming for one reason: Rattlesnake Hills” explained Lawrence Dick President of Evolving Gold Corp. While most of our exploration is taking place in Nevada, we are always of the lookout for exceptional exploration opportunities in other districts, where we can apply our exploration experience to find the gold that others may have missed.”

“While exploring in the great gold trends of Nevada will always be our focus, it is important to remember that other states, such as Colorado, Montana, Wyoming, South Dakota, and others, are also home to important deposits of gold.” The geological setting of Rattlesnake is very different from our projects in Nevada and represents a different kind of gold deposit. These are not the sedimentary rock-hosted deposits which are so important in Nevada, rather, Rattlesnake is associated with an extinct potassium-rich volcano and associated volcanic rocks (called an alkalic volcanic complex) within which gold was deposited in the volcanic rocks late in the history of the evolution of the volcanic complex.

Rattlesnake is similar in its geological setting and environment to an important class of gold deposits in the United States called the Rocky Mountain Alkali Gold Province which includes the important gold deposits at Zortman-Landusky (MT), Bald Mountain (SD), Ortiz (NM) and the famous Cripple Creek deposit in Colorado. Cripple Creek has produced and contains reserves of over 20 million ounces of gold and has been in production since the mid-1800’s. Rattlesnake is a member of this class of deposit and has very similar characteristics to Cripple Creek.” The most important geological feature is what are called “alkali-rich volcanic breccias”. Essentially these are volcanic rocks which has been torn apart and re-cemented by very high pressure volcanic gases associated with the volcanic processes. This is the type of rock in which later, gold-bearing fluids are funneled, or directed, as they make their way towards the surface, since they are more porous and the gold-bearing fluids can flow more easily through them”.

Dr. Dick went on to discuss the history of the Rattlesnake Hills claims: “The area has been drilled before. In the 1980s a company called ACNC (American Copper and Nickel) drilled for a different target while in the 1990’s Newmont drilled for gold. They found gold but, at the time, gold values were depressed and the problem was dropped from their portfolio. The gold values that Newmont encountered in two of their holes, which by the way were diamond core holes, are of economic interest at today’s gold prices. We look at Rattlesnake as an advanced exploration prospect, similar to a class of important gold mines, where gold grades of economic interest were discovered in the past and, with our knowledge of the controls on mineralization at similar deposits elsewhere, is now ready for the detailed exploration and interpretation that Evolving’s geologists can bring to the project.”

“We believe that the highest potential for Rattlesnake is at depth. Only a very limited amount of erosion has affected the system, and, since the gold mineralization is normally deposited at depths of about 200 meters below the paleo (original) surface, our exploration will take the form of deeper holes drilled across the entire volcanic complex. We anticipate very exciting results once we begin drilling later in the spring of 2008”.

President and Director

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