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Desert Gold Ventures Inc V.DAU

Alternate Symbol(s):  DAUGF

Desert Gold Ventures Inc. is a gold exploration and development company. The principal business of the Company is conducting mineral property exploration in Mali. It focuses on its flagship 440 square kilometers Senegal Mali Shear Zone Gold project (SMSZ). The SMSZ project consists of Farabantourou project and Farikounda project. Its SMSZ Project is located in the country of Mali and overlies a 38 kilometers section of West Africa’s prolific Senegal Mali Shear Zone. The Company also consists of two-concession blocks (the Sebessounkoto Sud project and Djelimangara project, collectively the Altus Permits). It also has an option agreement for the acquisition of approximately 95% interest in Linguekoto Property and an option agreement for the acquisition of all the rights of a research permit in the Sola West area. Its subsidiaries include Desert Gold Ltd. and Desert Gold Mali S.A.R.L.


TSXV:DAU - Post by User

Post by stocksnbondson Aug 31, 2020 11:58am
184 Views
Post# 31479524

Good news release today!

Good news release today!Nothing earth shattering so far but at lease we know there's gold present in the holes identified. 
This release comprises 4 holes recently drilled. 
If we see consistency in the holes, we then know that there's something economic possible. 
At lease we know that the thesis of gold on the land is in tact. 

Let's not get overconfident but now we have confirmation that the lands indeed hold gold. The drilling will continue to derisk the project to confirm more gold we all hope. 

A great first step!

Good luck all,

sb
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