Desert Gold Receives Subscription Receipts of CAD$6.83 Million from Its Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - August 25, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") 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 (the "Financing). 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...
2020-08-25 8:00 AM EDT
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - August 10, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") 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 (the "Unit") to raise CAD $6,500,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one-half common share purchase warrant (the...
2020-08-10 5:51 PM EDT
Desert Gold Provides Exploration Update in Western Mali
Delta, British Columbia--(Newsfile Corp. - August 4, 2020) - Desert Gold Ventures Inc. (TSX.V: DAU, FF: QXR2, OTC: DAUGF) ("Desert Gold" or "the Company") 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...
2020-08-04 8:00 AM EDT
Desert Gold Secures Rights to Strategic Property in Western Mali
Delta, British Columbia--(Newsfile Corp. - July 2, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") 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 ('SMSZ') Project between the northeast-trending Barani East Zone, with intercepts to 7.83 g/t gold over...
2020-07-02 8:00 AM EDT
Desert Gold Starts Phase 2 Drill Program At SMSZ Project, West Mali
Delta, British Columbia--(Newsfile Corp. - May 26, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") 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 "SMSZ Project"). The 394 km2 SMSZ Project is both named after, and, overlies a 38 km section of the Senegal Mali Shear Zone (see Figures 1 and 2), which is related to 5...
2020-05-26 7:00 AM EDT
Desert Gold Receives Final TSXV Approval to Close Oversubscribed Financing
Delta, British Columbia--(Newsfile Corp. - May 7, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to announce that it has received final TSXV approval to close its previously announced CAD $500,000 non-brokered private placement (the "Financing) 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...
2020-05-07 9:03 PM EDT
Desert Gold Closes Oversubscribed Financing and Provides Exploration Guidance
Delta, British Columbia--(Newsfile Corp. - April 27, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC PINK: DAUGF) (the "Company") is pleased to announce that it has closed its previously CAD $500,000 non-brokered private placement (the "Financing) 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...
2020-04-27 7:30 AM EDT
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - April 14, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") 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 (the "Unit") to raise up to CAD $500,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one half common...
2020-04-14 8:00 AM EDT
Desert Gold Options Non-core Djimbala Property in Southern Mali to Indigo
Delta, British Columbia--(Newsfile Corp. - April 13, 2020) - Desert Gold Ventures (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") 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...
2020-04-13 8:00 AM EDT
Desert Gold Postpones Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - March 11, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") 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.ON BEHALF OF...
2020-03-11 4:07 PM EDT
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - February 26, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") 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 (the "Unit") to raise up to CAD $2,500,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one common share purchase...
2020-02-26 8:00 AM EST
Desert Gold's SMSZ Project Defines Several New Areas of Gold Mineralization with Intercepts of 3.03 G/t Gold over 10 Metres and 2.04 G/t Gold over 30 Metres
Delta, British Columbia--(Newsfile Corp. - February 24, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC PINK: DAUGF) ("Desert Gold" or "the Company") is pleased to present the results of a recently completed, 3,507 metre 74-hole, air core (AC) and reverse circulation (RC) drill program on its SMSZ Project in Western Mali, near the border with Senegal. The ~400 km2 SMSZ Project is both named after, and, overlies a 38 km section of the Senegal Mali Shear...
2020-02-24 8:00 AM EST
Desert Gold Outlines New Exploration Targets Proximal to the Senegal Mali Shear Zone
Delta, British Columbia--(Newsfile Corp. - January 30, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to present, recently acquired and reviewed, geophysical data over the Company's SMSZ Project in Western Mali, near the border with Senegal.The ~400 km2 SMSZ Project is both named after, and, overlies a 38 km section of the Senegal Mali Shear Zone (see Figure 1), which is related to 5 large mines located both to...
2020-01-30 5:30 AM EST
Desert Gold Completes Initial 72 Hole Drill Program
Delta, British Columbia--(Newsfile Corp. - January 29, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce the completion of a 74-hole drill program over the Company's SMSZ Project in Western Mali, near the border with Senegal. The ~400 km2 SMSZ Project is both named after and overlies a 38 km section of the Senegal Mali Shear Zone (see Figure 1), which is related to 5 large mines...
2020-01-29 5:30 AM EST
Desert Gold Starts 2019-2020 Exploration Program
Delta, British Columbia--(Newsfile Corp. - November 12, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce the commencement of its exploration program over the Company's SMSZ Project in Western Mali, near the border with Senegal. The 407 km2 SMSZ Project is both named after, and, overlies a 38 km section of the Senegal Mali Shear Zone (see Figure 1), which is related to 5 large mines...
2019-11-12 5:00 AM EST
Desert Gold Outlines 2019-2020 Exploration Plan
Delta, British Columbia--(Newsfile Corp. - October 24, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to present its project development plans for the Q4, 2019 to Q3, 2020 exploration season for its Senegal Mali Shear Zone Project (the "SMSZ Project").During that past few months, Desert Gold has been reviewing, interpreting and modelling recent and historic results over its much-expanded SMSZ Project. The 407 km2 SMSZ...
2019-10-24 6:00 AM EDT
Desert Gold Grants Incentive Stock Options
Delta, British Columbia--(Newsfile Corp. - October 3, 2019) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") is pleased to announce that it has granted a total of 2,925,000 incentive stock options to certain employees, consultants, directors and officers pursuant to the Company's stock option plan. The options are exercisable at CAD $0.16 per share and expire five (5) years from the date of grant.ABOUT DESERT GOLDDesert Gold Ventures Inc....
2019-10-03 7:58 PM EDT
Desert Gold Reports Drill Results on Its SMSZ Project; Including 23.7 Metres of 1.49 g/t Gold
Delta, British Columbia--(Newsfile Corp. - October 1, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce results from a recently completed drill program carried out on the Farabantorou Concession portion of its SMSZ Project. The SMSZ Project is named after the Senegal Mali Shear Zone ("SMSZ"), which is related to 5 large gold mines located both to the north and south, along strike, including B2 Gold's Fekola...
2019-10-01 7:00 AM EDT
Desert Gold Expands Senegal Mali Shear Zone Project
Delta, British Columbia--(Newsfile Corp. - September 24, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the Company has secured the right to acquire a 95% interest in the Linguekoto Concession, which is contiguous to the Company's flagship Senegal Mali Shear Zone gold project (the "SMSZ Project") in Western Mali. The Linguekoto property ("Linguekoto") acquisition is another step in Desert's Gold's...
2019-09-24 6:19 PM EDT
Desert Gold Acquires Strategic Land Package from Altus Strategies PLC
Delta, British Columbia--(Newsfile Corp. - August 28, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the Company has entered into an agreement (the "Agreement") with AIM and TSXV co-listed Altus Strategies PLC ("Altus"), to acquire Altus' Sebessounkoto Sud and Djelimangara gold projects ("Project") which are contiguous to the Company's Senegal Mali Shear Zone Project located in western Mali.ABOUT THE...
2019-08-28 8:00 AM EDT