| Announcement Date: | 2022-07-18 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Desert Gold Ventures Inc. |
| Project name: | SMSZ |
| Location: | Mali |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 45m @ 12.4g/t Au from 0.5m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Delta, British Columbia–(Newsfile Corp. – July 18, 2022) – Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the “Company”) is pleased to announce results from the first RC/core hole drilled to test the Linnguekoto West Deposit, a metallurgical hole drilled into the Barani East Deposit and the first 2 holes drilled into the Mogoyafara South Deposit. Desert Gold’s President & CEO, Jared Scharf, commented, “I’m very pleased to have drilled our first three holes at Mogoyafara South and Linngeukoto West. Drill results confirm and support the historic drilling done by Hyundai circa 2002. Obviously much more drilling is needed at these deposits as they have only been tested to shallow depths and are mostly open to depth and along strike to the North and South. The metallurgical test hole at Barani East returned significantly higher grades than anticipated which bodes well when or if mining is carried out in this area.” The Linnguekoto West Zone, which hosts inferred mineral resources of 66,200 ounces of gold in 1.39 million tonnes of gold mineralization grading 1.48 g/t gold |
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