Desert Gold Ventures Inc. V.DAU

Alternate Symbol(s): DAUGF

Metals & Mining Gold

Desert Gold Ventures Inc. is a gold exploration and development company which controls the approximately 440 square kilometers Senegal Mali Shear Zone (SMSZ) Project in Western Mali. The SMSZ Project consists of Farabantourou Project; a 100% interest in the Farikounda Project; an option agreement with Mineral Management Consulting (MMC) to acquire certain concessions; two-concession blocks (the Sebessounkoto Sud Project and Djelimangara Project, collectively the Altus Permits); an option agreement (SUD Option) for the acquisition of a 95% interest in Linguekoto Property; an option agreement (the Harmattan Option) for the acquisition of all the rights of a research permit in the Sola West area; and the Kolomba Exploration Permit that is contiguous to other permits of the SMSZ projects. The Company’s Farabantourou project consists of a small-scale mining license (Petite License). Its agreement with MMC is to acquire a 100% interest in the Keniebandi-Est Permit and Kousilli West Permit.

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Desert Gold Ventures Inc.

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Post by Betteryear2on Apr 11, 2022 6:09am

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Post# 34592808

Desert Gold Begins Drill Program

Delta, British Columbia--(Newsfile Corp. - April 11, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the resumption of drilling at its SMSZ project in Western Mali. This phase 2 program will focus on the Gourbassi West North gold discovery that had previously returned 1.94 g/t gold over 30 metres* and 2.75 g/t gold over 12 metres*. This open ended 1.6 km long zone, has been tested to just 35 metres depth, is open to depth and is up to 90 metres wide. This gold zone appears to be one of the larger gold systems on the property and has seen only limited testing.

https://www.newsfilecorp.com/release/119998