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
Desert Gold Commences Preliminary Economic Assessment of Oxide Gold Resources on Its Barani East and Gourbassi West Deposits, SMSZ Project, Mali
Surrey, British Columbia--(Newsfile Corp. - February 1, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the initiation of a Preliminary Economic Assessment ("PEA") 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 (see Figures 1 and 2). Company CEO Jared Scharf commented, "Management...
2024-02-01 5:30 AM EST
Desert Gold Announces Non-Brokered Private Placement and CAD $700,000 in Lead Orders
Surrey, British Columbia--(Newsfile Corp. - February 1, 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 10,000,000 units at a price of CAD $0.07 per unit (the "Unit") to raise up to CAD $700,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and a...
2024-02-01 5:00 AM EST
Desert Gold Welcomes Mr. Doug Engdahl to Its Board of Directors
Surrey, British Columbia--(Newsfile Corp. - June 15, 2023) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") 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...
2023-06-15 5:30 AM EDT
New 2,680 ppb Gold-in-Auger Value Highlights Additional Potential for Expansion of Desert Gold's Mogoyafara South Gold Deposit in Western Mali
Delta, British Columbia--(Newsfile Corp. - April 25, 2023) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to present new gold-in-auger exploration targets on its SMSZ Project. The untested auger anomalies lie under shallow laterite cover proximal to the Company's 413,000 ounce Mogoyafara South gold deposit (see Jan. 17, 2022 Desert Gold news release). Desert Gold's 440 km2 SMSZ Project is both named after and overlies a 43 km section of the...
2023-04-25 5:30 AM EDT
Desert Gold Activity Update at SMSZ Project in Western Mali; New Artisanal Mining in Priority Exploration Target Area
Delta, British Columbia--(Newsfile Corp. - March 21, 2023) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to provide an SMSZ Project update. A total of 445 auger holes totalling 2,067 metres have been completed over priority soil and structural targets proximal to Desert Gold's Mogoyafara South and Gourbassi West North gold deposits. Samples for these holes have been submitted to SGS Laboratories in Bamako. As part of Desert Gold's regular site...
2023-03-21 5:30 AM EDT
Desert Gold Starts 2023 Exploration Program at SMSZ Project in Western Mali
Delta, British Columbia--(Newsfile Corp. - February 13, 2023) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the start of its auger drill program that will test high priority gold targets proximal to its 412,000* ounce gold Mogoyafara South Zone ("Mogo South") in western Mali. Mogo South is situated in the southeast corner of the SMSZ Project and lies proximal to the interpreted location of the Senegal Mali Shear Zone which is the...
2023-02-13 8:30 AM EST
Desert Gold Closes First Tranche of Non-Brokered Private Placement
Surrey, British Columbia--(Newsfile Corp. - December 21, 2022) - 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 34,242,184 units at a price of CAD $0.07 per unit (the "Unit") to raise gross proceeds of CAD $2,396,903 (the "Financing"). Securities issued as a result of closing the First Tranche will be...
2022-12-21 4:05 PM EST
Desert Gold Provides Financing Update
Surrey, British Columbia--(Newsfile Corp. - December 14, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") announces that, further to its press release dated December 2, 2022, the Company has increased its Financing to raise up to CAD $4,000,000 through the sale of 57,142,857 units at a price of CAD $0.07 per unit (the "Unit") (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one common share...
2022-12-14 5:14 PM EST
Desert Gold Provides Financing Update
Surrey, British Columbia--(Newsfile Corp. - December 2, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that, further to its press release dated December 1, 2022, the Company advises that it has received subscription receipts totaling $1,741,000. In light of the market's interest in the Company and this financing, the Company will continue to receive subscriptions on an oversubscribed basis until further notice....
2022-12-02 5:30 AM EST
Desert Gold Announces Non-Brokered Private Placement
Surrey, British Columbia--(Newsfile Corp. - December 1, 2022) - 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 24,285,714 units at a price of CAD $0.07 per unit (the "Unit") raising CAD$1,700,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one common share purchase warrant (the "Warrant"). Each...
2022-12-01 4:30 PM EST
Desert Gold Preliminary Metallurgical Results
Delta, British Columbia--(Newsfile Corp. - August 29, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") announces preliminary metallurgical results from the first RC/core holes by the Company at its Mogoyafara South, Linnguekoto West and new Gourbassi West North Zones (see Figure 1 for locations). Mineralized intervals of fresh rock, generally from a single lens (except at Mogoyafara South where two lenses were sampled) from each of these zones were...
2022-08-29 8:30 AM EDT
Desert Gold's First Hole at Linnguekoto West Zone Returns 1.83 g/t Gold over 27.0* Metres and Barani East Zone Metallurgical Hole Returns 12.41 g/t Gold over 45 Metres**
Delta, British Columbia--(Newsfile Corp. - July 18, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce results from the first RC/core hole drilled to test the Linnguekoto West Deposit, a metallurgical hole drilled into the Barani East Deposit and the first 2 holes drilled into the Mogoyafara South Deposit. Desert Gold's President & CEO, Jared Scharf, commented, "I'm very pleased to have drilled our first three holes at Mogoyafara...
2022-07-18 5:30 AM EDT
Desert Gold's GWN Zone Returns More Positive Drill Intercepts Including 1.91 g/t Gold over 32*metres with up to 5 Lenses of Gold Mineralization Defined Along a Strike Length of 1.6 km to a Depth of 175 Metres
Delta, British Columbia--(Newsfile Corp. - June 30, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce results from 13 RC holes and 78 AC holes drilled to test the depth, strike extent and continuity of the Gourbassi West North Zone at the Company's SMSZ Project in Western Mali. All RC holes intersected significant amounts of gold mineralization with a highlight intercept of 1.91 g/t gold over 32* metres. The Gourbassi West Zone has...
2022-06-30 5:30 AM EDT
Core Hole at Desert Gold's SMSZ Project Returns 1.08 g/t Gold Over 124 Metres* including 1.85 g/t Gold Over 41.1 Metres* Extending Mineralization to 175 Metres Depth
Delta, British Columbia--(Newsfile Corp. - June 2, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce results from the first three core holes designed to drill test the depth extent of the Gourbassi West North Zone at its SMSZ Project in Western Mali. All three core holes intersected significant amounts of gold mineralization with a highlight intercept of 1.08 g/t gold over 124 metres* including 1.85 g/t gold over 41.1 metres* and...
2022-06-02 5:30 AM EDT
Desert Gold Begins Drill Program at 1.6 Km Long Gourbassi West North Gold Discovery Following up Drill Intercepts of 1.94 g/t Gold over 30 Metres* and 2.75 g/t Gold over 12 Metres*
Delta, British Columbia--(Newsfile Corp. - April 11, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the resumption of drilling at its SMSZ project in Western Mali. This phase 2 program will focus on the Gourbassi West North gold discovery that had previously returned 1.94 g/t gold over 30 metres* and 2.75 g/t gold over 12 metres*. This open ended 1.6 km long zone, has been tested to just 35 metres depth, is open to depth and is...
2022-04-11 5:30 AM EDT