Friday, August 8, 2008

Cash4Gold.com: Gold News Update

Quinton Hennigh, President of Evolving Gold Corporation (EVG) announced today the status of its mining activities is on schedule and meeting expectations. The company currently mines in areas that have historically produced gold in the southwestern U.S. The have mining operations currently set up in:

Rattlesnake Hills Diatreme Complex, Wyoming
North Carlin District Properties, Nevada
Fisher Canyon, Nevada
Malone Silver Gold Project, New Mexico

Evolving Gold holds over $21 million in gold in its treasury. It has ownership in nine separate mines, and owns 100% of the Rattlesnake Hills mine.

In other gold news, Goldcorp Inc. has consolidated operations in Ontario, by acquiring a smaller gold company, Gold Eagle Mines Ltd, for $1.5 billion in stock and cash.

The value of gold is increasing worldwide, as it is an international hedge against inflation. At Cash4Gold.com, we are here to buy your old scrap gold and jewelry. Visit our website at www.cash4gold.com for more information about the prices we pay!

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