Desert Gold Ventures Inc.

Desert Gold Ventures Inc. is pleased to announce the initiation of the second phase of it 2024 drill program. A total of 3,750 meters of exploration drilling is planned on its SMSZ Project in Mali, West Africa . Company CEO, Jared Scharf, commented, "Desert Gold continues to advance the SMSZ project, both through an ongoing PEA study of the oxide gold resources at 2 deposits and continued exploration, proximal to the [...]

Desert Gold Ventures Inc. announces that, subject to exchange approval and the right to increase the offering, it will conduct a non-brokered private placement of up to 13,000,000 units at a price of CAD $0.07 per unit to raise up to CAD $910,000 . Lead orders from this round of funding combined with its recently closed financing have secured a total of CAD $2,029,520 in aggregate proceeds for the Company in the last 30 [...]

Desert Gold Ventures Inc. announces that it has completed four additional exploration core holes to test specific targets at its Mogoyarfara South gold deposit and Frikjdi zone. Desert Gold's CEO, Jared Scharf, commented, "Thanks to the support of our shareholders, we were able to take advantage of the core drill that was on site for our PEA to drill four additional, high priority exploration core holes. These holes were [...]

Desert Gold Ventures Inc. is pleased to announce that it has closed its non-brokered private placement and issued a total of 15,993,142 units at a price of CAD $0.07 per unit raising gross proceeds of CAD $1,119,520 . The Financing is subject to final acceptance for filing by the TSX Venture Exchange. Securities issued pursuant to the Financing are subject to a statutory hold which expires on July 13, 2024 as to 8,847,142 [...]

Desert Gold Ventures Inc. announces that it has completed its metallurgical and geotechnical drill program. This work was carried out to provide fresh core for metallurgical testing and geotechnical samples that are needed to support the processing and open pit designs for mining of oxide and transition mineral resources. A total of 12, 50 metre to 160-metre-deep holes totaling 905 metres, were completed over the Barani [...]

Desert Gold Ventures Inc. announces that, further to its February 1, 2024 news release and subject to TSX Venture Exchange approval, it has increased its non-brokered private placement of units at a price of CAD $0.07 per Unit . In connection with the Financing, the Company advises that it has received subscription receipts totaling CAD $1,119,220. Subject to TSXV approval, the Company intends to close the Financing in [...]

Exploration Drill Program Proposed at SMSZ Project Desert Gold Ventures Inc. is pleased to announce the initiation of a Preliminary Economic Assessment to determine the viability of mining oxide and transition mineral resources at its Barani East and Gourbassi West gold deposits. These deposits lie on Desert Gold's SMSZ Property in western Mali . Company CEO Jared Scharf commented, "Management believes that gold in the [...]

Desert Gold Ventures Inc. announces that, subject to exchange approval and the right to increase the offering, it will conduct a non-brokered private placement of up to 10,000,000 units at a price of CAD $0.07 per unit to raise up to CAD $700,000 . Each Unit will consist of one common share in the equity of the Company and a share purchase warrant . Each Warrant entitles the holder to purchase one additional common share [...]

Desert Gold Ventures Inc. is pleased to announce the appointment of Mr. Doug Engdahl to its board of directors. Mr. Engdahl is a professional geologist and the President & CEO of Axiom Group. He received his B.Sc. from the University of Saskatchewan in Geological Sciences and a Citation Program in Applied Geostatistics with Clayton Deutsch from the University of Alberta. He is a Professional Geoscientist registered with [...]

Delta, May 9, 2023 - Desert Gold Ventures Inc. is pleased to highlight a recently proposed transaction where a new management group, comprised of former Yamana Gold Principals, plan to take Allied Gold Corp. Limited, public. Allied Gold's principal asset, the Sadiola Mine Property lies contiguous to the northern boundary of Desert Gold's SMSZ Project . The Sadiola Mine contains Proven and Probable Mineral Reserves of 7.3 [...]