High Desert Gold Corporation Files First Quarter 2011 Financial Statements

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 months ended March 31,
2011 and the related management's discussion and analysis of financial position
and results of operations ("MD&A"). 


As at March 31, 2011, the Company had working capital of US$2.4 million,
including cash and cash equivalents of US$2.5 million. With this funding in
place, the Company is in a strong financial position to pursue its current
exploration strategy.


At the Gold Springs property located on the Nevada-Utah border, the Company is
earning into its 60% position with Pilot Gold Corporation and will shortly be
forming an operating company. Going forward, plans for further exploration at
Gold Springs, with both partners contributing based on their proportionate
shares, will be developed. HDG will be the managing partner with its 60%
interest and will be directing the exploration plans through a committee to be
made up of personnel from both companies. The Company expects to be announcing
results from the current round of drilling at Gold Springs in July and plans on
completing an NI 43-101 Technical Report by year end. 


The Company has completed the transfer of all of its interests in the Canasta
Dorada property to Highvista Gold Corp. ("HVG"). The Company plans to raise
additional funds through the sale of HVG shares which should allow for further
exploration work at Gold Springs and at the San Antonio property in Mexico in
the second half of 2011.


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.
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.