High Desert Gold Corporation ("HDG" or the "Company") (TSX
VENTURE:HDG)(OTCQX:HDGCF) reports that it has released its unaudited condensed
interim consolidated financial statements for the three and nine months ended
September 30, 2011 and the related management's discussion and analysis of
financial position and results of operations ("MD&A"). 


As at September 30, 2011, the Company had operating working capital of
approximately US$1.0 million. The Company also owns approximately 10.7 million
shares of Highvista Gold Inc. ("HVG") with a current quoted value of
approximately Cdn. $6.7 million. These shares are subject to a time-released
regulatory escrow agreement and a contractual lock-up undertaking entered into
by the Company.


The Company will continue follow up of the ZTEM geophysical survey at Gold
Springs and plans on completing an NI 43-101 Technical Report during the first
quarter of 2012. Plans for additional drilling will be completed, with the start
date dependent on the timing of completion of permitting. At San Antonio surface
sampling and mapping will continue in preparation for further drilling.
Depending on market or other conditions, and subject to compliance with the
regulatory escrow agreement and contractual lock-up undertaking entered into by
HDG, the Company may raise additional funds through the sale of some of its
shares of HVG to allow for expanded exploration work at Gold Springs in 2012.


Copies of the unaudited condensed interim financial statements and related MD&A
can be found on SEDAR at www.sedar.com.


ABOUT HIGH DESERT GOLD

The Company is a mineral exploration company that acquires and explores mineral
properties, primarily gold, copper and silver, in North America. The major
properties held by HDG are the Gold Springs gold project situated along the
border between Utah and Nevada and the San Antonio project in Sonora, Mexico.
The Company also has a 34.8% interest in the Canasta Dorada property in Sonora,
Mexico, through its equity interest in Highvista Gold Inc. There has been
insufficient exploration to define a mineral resource at Gold Springs and at San
Antonio and it is uncertain if further exploration will result in the targets at
these two projects being delineated as a mineral resource.


Certain statements contained herein constitute "forward-looking statements".
Forward-looking statements look into the future and provide an opinion as to the
effect of certain events and trends on the business. Forward-looking statements
may include words such as "plans", "expects", "should", "will", "believe",
"likely", "intention" and similar expressions. These statements include, but are
not limited to, statements regarding the continued advancement of the Gold
Springs and San Antonio properties and the possible sale of HVG shares by the
Company. These forward-looking statements are based on current expectations and
entail various risks and uncertainties. Actual results may materially differ
from expectations, if known and unknown risks or uncertainties affect our
business, or if our estimates or assumptions prove inaccurate. Factors that
could cause results or events to differ materially from current expectations
expressed or implied by the forward-looking statements, include, but are not
limited to, the effect of capital market conditions and other factors on capital
availability; availability of sufficient financing to fund planned or further
required work in a timely manner and on acceptable terms; changes in project
parameters as plans continue to be refined and other risks more fully described
in the Company's Management Discussion & Analysis of Financial Position and
Results of Operations, which is available on SEDAR at www.sedar.com. Readers are
cautioned not to place undue reliance on the forward-looking statements
contained in this press release. Except as required by law, HDG assumes no
obligation to update or revise any forward-looking statement, whether as a
result of new information, future events or any other reason.
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