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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 27, 2010) - High Desert Gold Corporation ("HDG" or the "Company") (TSX VENTURE:HDG) reports that it has released its unaudited interim consolidated financial statements for the three months ended March 31, 2010 and the related management's discussion and analysis of financial position and results of operations ("MD&A").

During the first quarter of 2010, the Company successfully raised net proceeds of U.S.$1.4 million pursuant to private placements and as at March 31, 2010, the Company had U.S.$2.0 million in cash. With these funds in place, the Company intends to further explore its mineral properties, including planned drill programs at Gold Springs and at San Antonio.

At Gold Springs, the Company has signed a drill contract with an expected start date in the Second Quarter. Plans are to complete approximately 2,000 metres of reverse-circulation drilling on several of the target zones starting with the previously drilled Jumbo target. Drilling is planned to start in early June, 2010.

The Company recently reported very positive exploration results and the acquisition of additional land at its high-grade gold-silver San Antonio Project in Sonora, Mexico. Plans are to move the project forward as quickly as possible with surface geology and geochemistry followed by drilling.

The Company is presently evaluating whether it should proceed with a joint venture or other type of agreement on its Canasta Dorada property. Past drilling at Canasta Dorada has achieved plus one gram per tonne gold mineralization and management believes a large exploration program is justified which can best be carried out with a partner.

The Company has also acquired a pipeline of potentially high grade gold properties including Artillery Peak and Kinkaid in the United States. At Artillery Peak, drill permits have been obtained and exploration will move forward if further funds are available or with a partner.

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

HDG is a mineral exploration company that acquires and explores mineral properties, primarily gold, copper and silver, in North America. The current focus of the Company is its properties located in Mexico and the Gold Springs gold property on the Nevada-Utah border.

Certain statements contained herein constitute "forward-looking statements". These forward-looking statements are based on current expectations and entail various risks and uncertainties. The nature, timing and extent of the exploration programs may materially change from current intentions for a number of reasons. Additionally, "forward looking statements" look into the future and provide an opinion as to the effect of certain events and trends on the business. Subject to applicable laws, the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.