DAU Common Shares

Desert Gold Ventures Inc. (TSX VENTURE:DAU) (the "Company" or "Desert Gold") is
pleased to announce results from soil geochemical surveys on the Segala Ouest
tenement, which has now been completely covered by soil geochemistry. The
results delineate a very large anomalous zone covering an area approximately 24
km2 (Fig. 1) in extent, with high assay values noted.


The Segala Ouest prospect is situated in the middle of the gold mining district
of Kenieba about 20 km NW of the town of Kenieba. Endeavour's Segala mine abuts
the eastern boundary of the exploration permit and their Tabakoto mine is
approximately 5 km away to the southeast. Some 15 km to the northwest are
Randgold's Loulo-Gounkoto mine complex. 


To view Figure 1 please click on the following link:
http://media3.marketwire.com/docs/DAU0603.pdf 


The recently conducted soil geochemical survey, in which 2342 soil samples were
collected by GeoActiv Pty Ltd (a South African geological contracting and
consulting company) and analysed by the ALS Chemex SA PTY Ltd laboratory in
South Africa, completes a blanket geochemical analysis of the exploration permit
. The results delineate an 8 km long and 3 km wide corridor traversing the
tenement in a northwesterly direction. The soil sample database comprises 6032
lognormally distributed Au Values with thresholds of 669 ppb, 204 ppb and 20
ppb, for the respective 1, 5 and 50 percentiles.


There are significant artisanal mining activities focused in two areas: (1) on
the NW strike extension of Endeavour's Segala mine, (the "Segala pit") and, (2)
in the southeastern part of the tenement nearby the village of Baroya, (the
"Baroya pit"). These mining sites target mineralised vein systems within the
metasediment host rocks. Grab samples of the material being mined within the
property were collected and assayed. Results are tabulated below (Table 1) and
demonstrate high grades in the mineralised vein systems. 




-----------------------------------------------------------------
Sample source             Sample ID      depth (m)         Au g/t
-----------------------------------------------------------------
BAROYA PIT                  B534205          35.00           0.58
-----------------------------------------------------------------
BAROYA PIT                  B534206          35.00          15.65
-----------------------------------------------------------------
BAROYA PIT                  B534207          40.00           3.82
-----------------------------------------------------------------
BAROYA PIT                  B534208          25.00           0.09
-----------------------------------------------------------------
BAROYA PIT                  B534209          25.00          76.30
-----------------------------------------------------------------
BAROYA PIT                  B534210          30.00           0.84
-----------------------------------------------------------------
BAROYA PIT                  B534211          30.00           1.60
-----------------------------------------------------------------
BAROYA PIT                  B534225          40.00          39.80
-----------------------------------------------------------------
BAROYA PIT                  B534226          40.00           2.38
-----------------------------------------------------------------
BAROYA PIT                  B534227          40.00           1.31
-----------------------------------------------------------------
SEGALA PIT                  B534215          20.00           8.82
-----------------------------------------------------------------
SEGALA PIT                  B534216          20.00           5.53
-----------------------------------------------------------------
SEGALA PIT                  B534217          50.00           1.05
-----------------------------------------------------------------
SEGALA PIT                  B534218          30.00           1.14
-----------------------------------------------------------------
SEGALA PIT                  B534221          25.00          26.60
-----------------------------------------------------------------
SEGALA PIT                  B534222           7.00           0.37
-----------------------------------------------------------------
SEGALA PIT                  B534223          10.00           0.58
-----------------------------------------------------------------
Table 1. Table of assay results of selected grab samples collected from the 
artisanal mining operations. Approximate in situ depths from which the      
samples were collected are given.                                           



Given the mineralisation in the district is hosted by geological structures, the
company recently completed an analysis of structure both from remote sensing
data as well as from previous drill core data. The results point to a coherent
set of fractures congruent with the mineralised systems noted both at Tabakoto
mine and at the Segala mine. Both the Segala and Baroya artisanal mining sites
follow these structural orientations. 


The company will drill both sites shortly to confirm the continuity of the
mineralisation and will selectively trench some of the other significant soil
geochemical anomalies to determine the source of these anomalies. 


Permit Strategy

It is the company's intention to define a sizable economic 43-101 compliant
resource on the permit and engage nearby mining operations to discuss possible
ore offtake agreements.


About Desert Gold

Desert Gold Ventures Inc. is an advanced exploration and development company
which holds mining assets in Mali and Rwanda.


The geological results stated in this report have been reviewed by Mr Neil
Andersen, registered as a Fellow of the Geological Society of South Africa
(FGSSA) No 5520 and is registered with the South African Council for Natural
Scientists (Pr. Sci. Nat., 401458/83). BSc. (Geology, Chemistry, UCT), BSc
(Special Hons. Exploration Geology, UR), MSc (Structural Geology, UP). He has
sufficient experience which is relevant to the style of mineralisation and
metallurgical processes under consideration and to the activity which he is
undertaking to qualify as a Qualified Person as defined in National Instrument
43-101. 


This news release has been prepared on behalf of the board of directors of
Desert Gold, which accepts full responsibility for its contents.


For further information concerning Desert Gold Ventures Inc. and the TransAfrika
material properties, please refer to Desert Gold's SEDAR profile at
www.sedar.com or visit our website at www.desertgold.ca.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Desert Gold Ventures Inc.
Jared Scharf
CFO
1 (416) 662-3971
1 (604) 408-9301 (FAX)
jared.scharf@desertgold.ca
www.desertgold.ca

Common Shares (TSXV:DAU)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024

Common Shares (TSXV:DAU)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024