High Desert Gold Corp. said Thursday the Jumbo Zone of its Gold Springs project on the Nevada-Utah border holds an inferred resource of 173,000 ounces of gold and 3.88 million ounces of silver.

The estimate for gold is based on 0.57 grams per ton, and the silver estimate is based on 12.9 grams per ton.

The Gold Springs project is a joint venture between High Desert Gold with a 60 percent stake and Pilot Gold Inc. with a 40 percent stake.