Desert Gold Ventures Inc. V.DAU

Desert Gold Starts 2023 Exploration Program at SMSZ Project

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Delta, British Columbia--(Newsfile Corp. - February 13, 2023) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the start of its auger drill program that will test high priority gold targets proximal to its 412,000* ounce gold Mogoyafara South Zone ("Mogo South") in western Mali. Mogo South is situated in the southeast corner of the SMSZ Project and lies proximal to the interpreted location of the Senegal Mali Shear Zone which is the dominant regional feature related to five active gold mines that produced in excess of 1.2 million ounces of gold* in 2022. The Mogo South zone is located in a structurally unique setting within a much larger area of soil, termite mound and artisanal workings gold anomalism. The goal of this auger program is to determine the extent to which the gold system at and around Mogo South can be expanded.

Jared Scharf, President, and CEO, commented, "The auger program at Mogo South is the first step in an attempt to answer one of the most important questions at the SMSZ Project; Does Mogo South have the potential to become a multi-million-ounce gold deposit consistent with the regional gold endowment proximal to the Senegal Mali Shear Zone?"

Desert Gold Starts 2023 Exploration Program at SMSZ Project in Western Mali (newsfilecorp.com)