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
Surrey, British Columbia-- - Desert Gold Ventures Inc. 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 .
A total of 11 holes totaling 1,647 m were completed over Mogoyafara South comprising nine RC holes totaling 1,108 metres and 2 oriented core holes totaling 539 metres . The core holes were designed to both validate and extend mineralization to depth. The RC holes tested for extensions to existing gold lenses, validation of gold mineralization and the testing of new targets. The two core holes intersected wide intervals of silica-albite-pyrite altered sandstone.
Additional drilling is required over the Mogoyafara Deposit area to continue to define the mineralized zone, test for extensions to known zones, test strong Au-in-auger anomalies and to test artisanal mine areas that returned good gold values , especially to the south of the resource area as there is a good correlation between open-pit constrained resources and the location of artisanal mine workings at Mogoyafara South.
The AC holes tested two areas along interpreted NW-trending structures that returned Au-in-auger anomalies of up to 8,650 ppb Au and 462 ppb Au . Low gold values, intersected in both areas likely explain the anomalous auger results with the best interval returning 0.68 g/t Au over 3 metres from hole FAW-24-AC-010.
Holes FA-24-AC-54, -57, -58 and -59, all drilled in the Barani Gap area, returned oxide gold intercepts of 0.49 g/t Au over 6.0 metres, 0.77 g/t Au over 9.0 metres, 0.44 g/t Au over 8.0 metres and 1.11 g/t Au over 8.0 metres, respectively, which resulted in extensions to one of the resource zones of 120 m and extended a non-modelled lens of gold mineralization by 100 metres to 270 metres. More drilling will be carried out into this area with a goal to expand and discover new mineral resources.
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