High Desert Gold Corporation announced the signing of a binding letter agreement with Gryphon Gold Corporation, whereby HDG can earn a 60% interest in the Gold Springs property over a 5 year period by spending $1 million in exploration expenditures and making payments to Gryphon of $190,000. First year costs include a $30,000 payment to Gryphon and a work requirement of $50,000. The property consists of 129 unpatented lode claims located within Lincoln County, Nevada and Iron County, Utah, comprising a total of approximately 2,500 acres. The Gold Springs property has excellent potential for both bulk mineable (open pit) and high-grade underground mineralization, as indicated by historic mining, drilling and surface sampling. The Gold Springs project area has a long history of gold exploration and production dating back to 1896. Many high-grade underground gold mines were developed in the district. Mineralization style has similarities to Newmont's large, high grade, Midas Mine in Nevada. Large, wide, structural zones, often extending for more than a kilometre in length, have been completely altered and silicified and host both high-grade and low-grade gold mineralization. The early mines (late 1800's) extracted the gold from just the high-grade narrow veins in a small portion of the district, leaving substantial widths of lower grade mineralization intact.

High Desert Gold Corporation continues to receive encouraging high-grade gold results from the ongoing geologic and geochemical programs at its Artillery Peak gold property located in northern Arizona. The recent work consisted of the collection of an additional 93 rock chip samples along with the mapping of the frequency and attitudes of the veins within the mineralized vein systems. Artillery Peak contains 3 distinct high-grade vein systems hosted within Precambrian granite. The vein systems consist of parallel, sheeted quartz veins ranging in thickness from 5 centimeters to 1 meter. The vein systems occur in 3 distinct orientations and all carry high-grade gold. Two of the systems have been traced for 550-700 meters along strike and are open in both directions. The third system is not as well developed and has only been traced for 200 metres along strike thus far. Each vein system consists of a series of high frequency parallel veins. Approximately 30 individual veins have been identified within these systems so far. The high frequency of veins within the vein-systems indicates a potential for bulk, open pittable gold as well as very high grade underground targets on the Artillery Peak property. In addition to the characterization of the veins, HDG has collected samples from the granitic wall rock both immediately adjacent to the veins and in areas where no veining has been observed. The results from this work have shown that the gold mineralization in the granitic wall rock is quite variable with values ranging from 0.006 g/t to 31.6 g/t over sample lengths of 2 to 6 metres, with the typical values being in the 0.05 to 0.20 g/t range. HDG will be further refining the primary targets at Artillery Peak and will be reviewing options for trenching and drilling programs, as well as considering joint venture opportunities.

High Desert Gold Corporation reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, net and comprehensive loss was $818,402 or $0.11 basic and diluted loss per share against loss of $928,991 or $0.02 basic and diluted loss per share for the same period last year. Cash flows used in operating activities were $104,456 compared to $118,834 of previous year quarter. For the six months ended June 30, 2009, net and comprehensive loss for the period was $1,127,111 or $0.14 basic and diluted loss per share against loss and comprehensive loss of $1,571,317 or $0.04 basic and diluted loss per share for the same period last year. Cash flows used in operating activities were $439,767 compared to $403,151 of previous year period.