Desert Gold Ventures announces that, subject to exchange approval, it will conduct a non-brokered private placement of 9,583,333 units at a price of CAD $0.12 per unit to raise up to CAD $1,150,000. Each Unit will consist of one common share in the equity of the Company and one common share purchase warrant . Each Warrant entitles the holder to purchase one additional common share of the Company at a price of CAD $0.18 [...]
Desert Gold Ventures Inc. is pleased to announce that an independent technical report entitled "NI 43-101 Technical Report on the SMSZ Project, Mali, Mineral Resource Report" with an effective date of January 12, 2022, has been filed. Highlights of the report were previously announced on January 17, 2022 including: Measured and Indicated Mineral Resources of 8.47 million tonnes grading 1.14 g/t gold totaling 310,300 [...]
Desert Gold Ventures Inc. is pleased to present further insights at its Mogoyafara South Gold Deposit in Western Mali, following completion of a ground magnetic survey and geological mapping. In early 2022, Desert Gold carried out a ground magnetic survey over the Mogoyafara South Gold Deposit. This work demonstrated a strong correlation between known gold intercepts and magnetic highs . From this image, it is obvious [...]
Desert Gold Ventures Inc. is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic clearing and settlement for publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC [...]
Desert Gold Ventures Inc. is pleased to announce results for another 72 Air Core holes completed in late Dec, 2021 and early January 2022. These holes were drilled to test the strike extensions of a new zone of gold mineralization at Gourbassi West North that was discovered during the Company's 2021 drill program. Drill assay results indicate that the Gourbassi West North Zone can be traced for approximately 1.6 km and is [...]
Desert Gold Ventures Inc. is pleased to announce initial, pit-constrained Measured and Indicated Mineral Resources of 8.47 million tonnes grading 1.14 g/t Au totalling 310,300 oz of gold and Inferred Mineral Resources of 20.7 million tonnes grading 1.16 g/t Au totalling 769,200 oz of gold. Desert Gold's initial Mineral Resource comprised pit constrained gold mineralization from five deposit areas all lying within a 12km [...]
Desert Gold Ventures Inc. is pleased to announce that it has commenced a follow-up drill program that will test the strike extent of the new, Gourbassi West North gold discovery in its earlier 2021 drill program . The discovery, comprises 3 closely spaced gold-bearing lenses totalling an estimated combined true thickness of 90 metres with a weighted average grade of 0.96 g/t Au . Most of this mineralization is oxide and [...]
Desert Gold Ventures Inc. is pleased to announce that, subject to stock exchange approval, it has closed a first tranche of its non-brokered private placement of up to 21,428,571 units at a price of CAD $0.14 per unit to raise up to CAD $3,000,000 . In the First Tranche, the Company has raised proceeds of CAD $1,678,696 through the sale of 11,990,693 Units. Securities issued as a result of closing of the First Tranche [...]
Desert Gold Ventures announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 21,428,571 units at a price of CAD $0.14 per unit to raise up to CAD $3,000,000. Each Unit will consist of one common share in the equity of the Company and a half share purchase warrant. Each full Warrant entitles the holder to purchase one additional common share of the Company at a price of CAD [...]
Desert Gold Ventures Inc. is pleased to announce that, further to its press release dated September 2, 2021, the Company has received its arreté for the 30.6 km2 Kolomba Exploration Permit which is contiguous to the Company's SMSZ Project. The issuance of the Kolomba arreté constitutes the final step in the ratification of the Company's mineral exploration rights to the property. Under the terms of the Kolomba arreté the [...]
Desert Gold Ventures Inc. is pleased to present the results for 123 holes totalling 7,521 metres completed on its Gourbassi East Zone, Gourbassi NE, Gourbassi SE, Sorokoto and Kamana target areas, on its SMSZ Project in Western Mali. Drilling in these areas has led to the discovery of new gold zones and extensions to known gold zones. This drilling represents the remaining results from the Company's 257 hole, 18,161 metre [...]
Desert Gold Ventures Inc. is pleased to present the results for 26 holes totalling 2,421 metres completed on its Gourbassi West Zone target area, on its SMSZ Project in in Western Mali. This program led to the discovery of a material extension to the Gourbassi West Zone and extensions to the original Gourbassi West Zone. First pass drilling over two anomalous auger lines resulted in the discovery of the Gourbassi West [...]
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