Desert Gold Ventures Inc. is pleased to present the results of a recently completed, 2,138.5 metre drill program comprising 4 core holes and 10 reverse circulation holes on its SMSZ Project in Western Mali, near the border with Senegal. The ~410 km2 SMSZ Project is both named after, and, overlies a 38 km section of the Senegal Mali Shear Zone, which is related to 5 large gold mines located both to the north and south [...]
Desert Gold Ventures Inc. is pleased to announce it has received subscription receipts of CAD$6,829,440 through the sale of 24,390,856 Units from its previously announced non-brokered private placement. Pursuant to the terms of the Financing, each Unit was priced at CAD $0.28 and consists of one common share in the equity of the Company and one-half common share purchase warrant. Each full Warrant entitles the holder to [...]
Desert Gold Ventures announces that, subject to exchange approval, it will conduct a non-brokered private placement of 23,214,286 units at a price of CAD $0.28 per unit to raise CAD $6,500,000. Each Unit will consist of one common share in the equity of the Company and one-half common 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 it has completed its planned exploration program over its 410 km2 SMSZ Property in Western Mali. In total, 4 core holes, 13 RC holes and 34 AC holes were completed for a total of 3,759.5 metres. As well, 1,065 auger holes were drilled totalling 9,557 metres. Assay results are pending. The SMSZ Project is both named after and overlies a 38 km section of the Senegal Mali [...]
Desert Gold Ventures is pleased to announce that it has acquired the rights to a 95% interest in the Sola West concession. The 16 km2 Sola West concession, fills a strategic, approximate 4 km property gap, on the Company's Senegal Mali Shear Zone Project between the northeast-trending Barani East Zone, with intercepts to 7.83 g/t gold over 13* metres, and the recently drilled Soa Prospect, which returned an intercept of [...]
Desert Gold Ventures is pleased to announce that it has commenced phase 2 of its exploration program on its Senegal Mali Shear Zone project in Western Mali. The 394 km2 SMSZ Project is both named after, and, overlies a 38 km section of the Senegal Mali Shear Zone, which is related to 5 large mines located both to the north and south, along strike, including B2 Gold's Fekola Mine, Barrick's Gounkoto and Loulo Mines and [...]
Desert Gold Ventures is pleased to announce that it has received final TSXV approval to close its previously announced CAD $500,000 non-brokered private placement The Company raised CAD $1,283,000 through the sale of 16,037,500 Units. Securities issued as a result of closing of the Financing will be subject to a statutory hold period of four months from closing. Pursuant to the terms of the Financing, each Unit was priced [...]
Desert Gold Ventures Inc. is pleased to announce that it has closed its previously CAD $500,000 non-brokered private placement The Company raised CAD $1,283,000 through the sale of 16,037,500 Units. Securities issued as a result of closing of the Financing will be subject to a statutory hold period. Pursuant to the terms of the Financing, each Unit was priced at CAD $0.08 and consists of one common share in the equity of [...]
Desert Gold Ventures announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 6,250,000 units at a price of CAD $0.08 per unit to raise up to CAD $500,000. Each Unit will consist of one common share in the equity of the Company and one half common share purchase warrant. Each full Warrant entitles the holder to purchase one additional common share of the Company at a price of [...]
Desert Gold Ventures announces that it has signed an Option Agreement with Indigo Exploration Inc. for a 100% interest in its 100 square kilometre Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird's 0.7 million oz Au Komana gold mine1, 21 kilometres north, along strike, of the Kodieran Mine and 28 kilometres north, along strike, from Endeavour's high grade 3.3 million [...]
Desert Gold Ventures Inc. announces that due to the current market volatility, the Company has decided to postpone its previously announced private placement. All subscription agreements and funds received to date will be returned to those subscribers. The Company will revisit its funding plans once some degree of normalcy returns to the markets. "Jared Scharf" ___________________________ Jared Scharf President & Director [...]
Desert Gold Ventures announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 16,666,667 units at a price of CAD $0.15 per unit to raise up to CAD $2,500,000. 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 [...]
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