Desert Gold Delivers PEA Update for SMSZ Project with USD $61 Million After-Tax NPV (10%) and 57% IRR at USD $2,850/oz Gold for Barani and Gourbassi Deposits in West Mali
Delta, British Columbia--(Newsfile Corp. - November 25, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or the "Company") is pleased to announce the results of its newly updated Preliminary Economic Assessment ("PEA") for the Barani and Gourbassi deposits, located on its 100%-owned SMSZ Gold Project in western Mali. The updated PEA outlines the open-pit oxide mining operation with the addition of the Gourbassi East Deposit with projected increase in...
2025-11-25 5:30 AM EST
Desert Gold Outlines Phase 1 Exploration Plans at its Tiegba Gold Project in Ivory Coast
Delta, British Columbia--(Newsfile Corp. - September 19, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce its upcoming exploration plans at its recently acquired 297km2 Tiegba gold project located in Ivory Coast. Phase 1 exploration will combine surface work, including mapping and geochemistry, and high resolution drone aeromagnetic survey along with wide spaced air core drilling.Desert Gold's CEO Jared Scharf commented "We're...
2025-09-19 5:30 AM EDT
Desert Gold Delivers Positive PEA for SMSZ Project with USD $24M After-Tax NPV (10%) and 34% IRR at USD $2,500/oz Gold for Barani and Gourbassi Deposits in Mali
Delta, British Columbia--(Newsfile Corp. - August 7, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or the "Company") is pleased to announce the results of its maiden Preliminary Economic Assessment ("PEA") for the Barani and Gourbassi deposits, located on its 100%-owned SMSZ Gold Project in western Mali.The PEA outlines a low-capex, open-pit oxide mining operation, with projected production of approximately 18,300 tonnes per month (or 220,000 tonnes...
2025-08-07 5:30 AM EDT
Desert Gold Signs Option Agreement on 297 Square Kilometre Tiegba Gold Project in Ivory Coast
Delta, British Columbia--(Newsfile Corp. - June 23, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the Company has entered into an option agreement (the "Agreement") with Flower Holdings SARLU ("Flower") to acquire a 90% interest in the Tiegba Gold Project. Flower is a private company located in Abidjan, Ivory Coast. The signing of the Tiegba option agreement marks a major milestone for the Company as it...
2025-06-23 5:30 AM EDT
Desert Gold Announces Newly Found Drill Data Provides Exploration and Resource Expansion Opportunities at SMSZ Project
Surrey, British Columbia--(Newsfile Corp. - February 3, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to present newly discovered historic drill data for 49 holes on and proximal to, the Mogoyafara South Deposit and partial data for an additional 29 holes on and proximal to the Linnguekoto West Deposit (see Figure 4. for locations). Together, estimated gold resources at these two zones comprise Inferred Mineral Resources of 479,000 ounces...
2025-02-03 5:30 AM EST
Desert Gold Trench and Prospecting Results Showcase Opportunities for Resource Expansion
Surrey, British Columbia--(Newsfile Corp. - January 15, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce recently discovered trench and prospecting data for work carried out from 2010 to 2012, on and proximal to, the Mogoyafara South and Linnguekoto West gold Deposits (see Figure 2 for locations). Together, estimated gold resources at these two zones comprise Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t...
2025-01-15 5:30 AM EST
Desert Gold Appoints Diallo Cheick Ousmane to VP Exploration, West Africa
Surrey, British Columbia--(Newsfile Corp. - December 24, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the appointment of Mr. Diallo Cheick Ousmane to the role of Vice President of Exploration, West Africa.Mr. Diallo is a distinguished mining professional with over 15 years of extensive experience in gold and base metals exploration and production within the prolific Birimian Greenstone Belt in West Africa and the Arabian...
2024-12-24 5:30 AM EST
Desert Gold Report Results from 3,900 Meter Phase 2 Exploration Drill Program, SMSZ Project, Mali
Surrey, British Columbia--(Newsfile Corp. - November 28, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce results from its 2nd phase drill program that was carried out in Q2, 2024. A total of 3,892 meters of exploration drilling in 65 holes was completed on its SMSZ Project in Mali, West Africa (see Figure 1 for regional setting).Company CEO Jared Scharf commented: "During the 2024 work season, the company successfully completed...
2024-11-28 8:44 AM EST
Desert Gold Receives CAD $1,258,286 in Proceeds from Warrant Incentive Program
Surrey, British Columbia--(Newsfile Corp. - November 19, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the closing of its previously announced (September 6, 2024 and October 9, 2024) warrant exercise incentive program (the "Program"). The Program was intended to encourage the exercise of up to 28,438,688 unlisted common share purchase warrants of the Company (the "Eligible Warrants") which were issued as part of the Company's...
2024-11-19 5:30 AM EST
Desert Gold Provides Update for Early Warrant Exercise Incentive Program
Delta, British Columbia--(Newsfile Corp. - October 9, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is providing an update to its press release dated September 6, 2024 announcing the warrant exercise incentive program. The Program is intended to encourage the exercise of up to 28,438,688 unlisted common share purchase warrants of the Company (the "Eligible Warrants") which were issued as part of the Company's private placement which closed on...
2024-10-09 5:00 PM EDT
Desert Gold Announces Early Warrant Exercise Incentive Program
Delta, British Columbia--(Newsfile Corp. - September 6, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the implementation of a warrant exercise incentive program (the "Program") intended to encourage the exercise of up to 48,235,326 unlisted common share purchase warrants of the Company (the "Eligible Warrants") which were issued as part of the Company's private placements which closed on December 21, 2022, January 23, 2023 and...
2024-09-06 4:10 PM EDT
Desert Gold Preliminary Economic Assessment ("PEA") Progress Update for SMSZ Project in West Mali, Africa
Surrey, British Columbia--(Newsfile Corp. - August 1, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") is pleased to provide an update to its Preliminary Economic Assessment ("PEA") on its SMSZ Project in western Mali, West Africa. Assay...
2024-08-01 5:30 AM EDT
Desert Gold Grants Incentive Stock Options
Delta, British Columbia--(Newsfile Corp. - June 28, 2024) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or the "Company") announces that it has granted a total of 3,300,000 incentive stock options to certain directors, officers, employees and consultants of the Company pursuant to the Company's Stock Option Plan. The options are exercisable at CAD $0.08 per share and expire five (5) years from the date of grant.ON BEHALF OF THE BOARDs/"Jared Scharf"Jared...
2024-06-28 11:36 AM EDT
Desert Gold Closes Non-Brokered Private Placement
Surrey, British Columbia--(Newsfile Corp. - May 22, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce that it has closed its non-brokered private placement and issued a total of 13,456,000 units at a price of CAD $0.07 per unit (each, a "Unit" and collectively the "Units") raising gross proceeds of CAD $941,920 (the "Financing"). Securities issued pursuant to the Financing are subject to a statutory four month hold period. This...
2024-05-22 5:30 AM EDT
Desert Gold Commences 3,750 Meter Phase 2 Exploration Drill Program, SMSZ Project, Mali
Surrey, British Columbia--(Newsfile Corp. - May 14, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") 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 (see Figure 1 for reginal setting). Company CEO, Jared Scharf, commented, "Desert Gold continues to advance the SMSZ project, both through an ongoing PEA study of...
2024-05-14 5:30 AM EDT
Desert Gold Announces Non-Brokered Private Placement and CAD $910,000 in Lead Orders
Surrey, British Columbia--(Newsfile Corp. - April 23, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") 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 (the "Unit") to raise up to CAD $910,000 (the "Financing"). Lead orders from this round of funding combined with its recently closed financing...
2024-04-23 5:32 PM EDT
Desert Gold Completes Exploration Core Drilling at Mogoyafara South and Frikidi Gold Zones; SMSZ Project, Western Mali
Surrey, British Columbia--(Newsfile Corp. - April 4, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") 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...
2024-04-04 5:30 AM EDT
Desert Gold Closes Non-brokered Private Placement
Surrey, British Columbia--(Newsfile Corp. - March 26, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") 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 (each, a "Unit" and collectively the "Units") raising gross proceeds of CAD $1,119,520 (the "Financing"). The Financing is subject to final acceptance for filing by the TSX Venture Exchange. Securities...
2024-03-26 4:20 PM EDT
Desert Gold Completes Metallurgical and Geotechnical Drill Program in Support of Preliminary Economic Study ("PEA"); Mobilizes Rig to Frikidi
Surrey, British Columbia--(Newsfile Corp. - March 14, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") 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...
2024-03-14 5:30 AM EDT
Desert Gold Increases Private Placement Offering and Receives Subscription Receipts Totaling CAD $1,119,220
Surrey, British Columbia--(Newsfile Corp. - March 11, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") announces that, further to its February 1, 2024 news release and subject to TSX Venture Exchange ("TSXV") approval, it has increased its non-brokered private placement (the "Financing") of units at a price of CAD $0.07 per Unit (each, a "Unit"). In connection with the Financing, the Company advises that it has received subscription...
2024-03-11 5:30 AM EDT