Desert Gold Closes First Tranche of Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - December 13, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce that, subject to stock exchange approval, it has closed a first tranche (the "First Tranche") of its non-brokered private placement of up to 21,428,571 units at a price of CAD $0.14 per unit (the "Unit") to raise up to CAD $3,000,000 (the "Financing"). In the First Tranche, the Company has raised proceeds of CAD $1,678,696...
2021-12-13 7:21 PM EST
Desert Gold Announces Non-Brokered Private Placement
Surrey, British Columbia--(Newsfile Corp. - November 22, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 21,428,571 units at a price of CAD $0.14 per unit (the "Unit") to raise up to CAD $3,000,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and a half share purchase warrant (the...
2021-11-22 6:00 AM EST
Desert Gold Completes Acquisition of Kolomba License Acquiring Two Strategically Important Gold Zones with Highlighted Drill Intercepts to 7.78 g/t Gold over 19 Metres* and 2.04 g/t Gold over 41 Metres**, SMSZ Project; Mali, West Africa
Delta, British Columbia--(Newsfile Corp. - November 4, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce that, further to its press release dated September 2, 2021, the Company has received its arreté for the 30.6 km2 Kolomba Exploration Permit which is contiguous to the Company's SMSZ Project. The issuance of the Kolomba arreté constitutes the final step in the ratification of the Company's mineral exploration rights to the...
2021-11-04 8:30 AM EDT
Desert Gold Makes Additional Gold Discoveries at Its SMSZ Project Including 1.80 g/t Gold over 17 Metres* and 2.23 g/t Gold over 9 Metres*; Mali, West Africa
Delta, British Columbia--(Newsfile Corp. - November 2, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") is pleased to present the results for 123 holes totalling 7,521 metres completed on its Gourbassi East Zone, Gourbassi NE, Gourbassi SE, Sorokoto and Kamana target areas, on its SMSZ Project in Western Mali. Drilling in these areas has led to the discovery of new gold zones and extensions to known gold zones. This drilling represents...
2021-11-02 8:30 AM EDT
Desert Gold Makes New Discovery North of Gourbassi West SMSZ Project, Mali
Delta, British Columbia--(Newsfile Corp. - October 25, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") is pleased to present the results for 26 holes totalling 2,421 metres completed on its Gourbassi West Zone target area, on its SMSZ Project in in Western Mali. This program led to the discovery of a material extension to the Gourbassi West Zone and extensions to the original Gourbassi West Zone. First pass drilling over two anomalous...
2021-10-25 8:30 AM EDT
Desert Gold SMSZ Project Exploration Success at Manakoto and Barani Areas, Western Mali; Drill Intercepts Include 1.65 g/t Gold over 21 Metres
Delta, British Columbia--(Newsfile Corp. - October 13, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to provide initial results from its recently completed 257 hole, 18,161 metre drill program. As of October 7, results for approximately 2,700 samples or 14% of the 19,861 drill samples, are pending. Based on the lab's schedule, the Company anticipates receiving results for most samples by mid October. The 440 km2 SMSZ Project is both named...
2021-10-13 8:30 AM EDT
Desert Gold Acquires Two Significant Gold Zones on Contiguous Permit at SMSZ Project; Mali, West Africa
Delta, British Columbia--(Newsfile Corp. - September 2, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce that it has acquired the 30.6 km2 Kolomba Permit, which is contiguous to the Company's SMSZ Project. This acquisition is highlighted by two gold zones that are open to depth and along strike with highlighted drill intercepts to 16.03 g/t gold over 7 metres*, 7.78 g/t gold over 19 metres* and 3.51 g/t gold over 29 metres* at the...
2021-09-02 8:30 AM EDT
Desert Gold Completes over 230 Holes at SMSZ Project Totaling 16,400 Metres - 82% of Planned Program Completed
Delta, British Columbia--(Newsfile Corp. - June 22, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to provide an update regarding its ongoing exploration program. As of June 20th, the Company has completed over 230 holes comprising 16,400 metres of drilling representing in excess of 82% of the planned 20,000 metre drill program. The Company expects to complete the drill program by early July. As of June 20, results for approximately 14,000...
2021-06-22 8:30 AM EDT
New, Strong, Gold-In-Auger and Gold-In-Soil Anomalies Indicate Potential for Expansion of Gourbassi West Gold Deposit and New Discovery; Follow up Drilling Planned in June
Delta, British Columbia--(Newsfile Corp. - June 1, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to present new gold-in-auger and gold-in-soil exploration targets on its SMSZ Project. The untested auger anomalies lie both under shallow laterite cover proximal to the projected location of the regional scale Main Transcurrent Shear Zone, along the western portion of the property package. The Company's 2021 exploration program is now more...
2021-06-01 8:00 AM EDT
Desert Gold Receives Regulatory Approval for Listing on OTCQB
Delta, British Columbia--(Newsfile Corp. - March 30, 2021) - Desert Gold Ventures Inc. (the "Company") (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) is pleased to announce that effective March 30, 2021 the Company's common shares are now listed on the OTCQB under the ticker symbol DAUGF. Desert Gold's CEO Jared Scharf commented, "In an ongoing effort to improve our company's capital markets profile and liquidity, up-listing from the Pink Sheets to the OTCQB is an important step, especially for our...
2021-03-30 12:53 PM EDT
Desert Gold Provides Corporate and Exploration Update; 20,000 Metres of Drilling in Progress - SMSZ Project, West Mali
Delta, British Columbia--(Newsfile Corp. - February 24, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to provide an update on the Company's largest exploration program to date at its flagship Senegal Mali Shear Zone project in Western Mali (the "SMSZ Project"). The 410 km2 SMSZ Project is both named after and overlies a 38 km section of the prolific Senegal Mali Shear Zone (the "SMSZ"). The SMSZ is related to 5 large mines located both...
2021-02-24 8:00 AM EST
Desert Gold Appoints Christopher Marsh as Independent Director
Surrey, British Columbia--(Newsfile Corp. - January 27, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that Mr. Christopher Marsh has joined the Company's board of directors. Currently, Mr. Marsh is the President of Blockchain Foundry. Previously, Chris spent 8 years at Richardson GMP and GMP Securities in Toronto, Canada, as an investment banker and corporate development executive. He also spent four years...
2021-01-27 8:00 AM EST
Desert Gold's Joint Venture Partner Commences Field Work at the Djimbala Gold Project, Southern Mali
Delta, British Columbia--(Newsfile Corp. - December 15, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to announce that its joint venture partner, Indigo Exploration, has begun its work program at the Djimbala gold project in southern Mali, West Africa, 220 km south of the capital of Bamako. Work crews are now in the field at Djimbala. The phase 1 program will consist of 623 auger drill holes focused on the two highest priority targets,...
2020-12-15 9:45 AM EST
Desert Gold Starts Exploration Program at its SMSZ Project, West Mali; Plans 20,000 Metres of Drilling with Contingency for 20,000 Metres of Additional Drilling
Delta, British Columbia--(Newsfile Corp. - December 3, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to announce that it has commenced the Company's largest exploration program to date at its flagship Senegal Mali Shear Zone project in Western Mali (the "SMSZ Project"). The 410 km2 SMSZ Project is both named after and overlies a 38 km section of the Senegal Mali Shear Zone (the "SMSZ"). The SMSZ is related to 5 large mines located both...
2020-12-03 8:00 AM EST
Desert Gold Announces Air Core and Auger Drill Results at SMSZ Project, Western Mali
Delta, British Columbia--(Newsfile Corp. - September 23, 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 air core ("AC") and auger drill program, comprising 34 AC holes and 1,065 auger 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 (see Figure...
2020-09-23 8:30 AM EDT
Desert Gold Receives Final TSXV Approval to Close $6.8 Million Over-Subscribed Financing
Delta, British Columbia--(Newsfile Corp. - September 1, 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 $6,500,000 non-brokered private placement (the "Financing). The Company raised CAD $6,829,440 through the sale of 24,390,856 Units. Securities issued in relation to Financing will be subject to a statutory four month hold period. Desert Gold's CEO...
2020-09-01 8:00 AM EDT
Desert Gold Announces Drill Results at SMSZ Project, Western Mali; 3.09 g/t Gold over 25 Metres, 2.54 g/t Gold over 15 Metres and 4.76 g/t Gold over 13.5 Metres
Delta, British Columbia--(Newsfile Corp. - August 31, 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, 2,138.5 metre drill program comprising 4 core holes and 10 reverse circulation (RC) 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 (see...
2020-08-31 8:00 AM EDT
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 pending. The SMSZ Project is both...
2020-08-04 8:00 AM EDT