Desert Gold Ventures Inc. is pleased to present its project development plans for the Q4, 2019 to Q3, 2020 exploration season for its Senegal Mali Shear Zone 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 Project is [...]
Desert Gold Ventures Inc. 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 years from the date of grant. ABOUT DESERT GOLD [...]
Desert Gold Ventures Inc. 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 , which is related to 5 large gold mines located both to the north and south, along strike, including B2 Gold's Fekola [...]
Desert Gold Ventures Inc. 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 in Western Mali. The Linguekoto property acquisition is another step in Desert's Gold's regional strategic consolidation [...]
Desert Gold Ventures Inc. is pleased to announce that the Company has entered into an agreement with AIM and TSXV co-listed Altus Strategies Plc , to acquire Altus' Sebessounkoto Sud and Djelimangara gold projects which are contiguous to the Company's Senegal Mali Shear Zone Project located in western Mali. ABOUT THE ALTUS PROPERTIES Desert Gold's [...]
Desert Gold Ventures Inc. is pleased to announce it has closed its business combination with Ashanti Gold Corp. . Each shareholder of Ashanti will receive 0.2857 Desert Gold shares for each Ashanti share held. Approximately 21,097,657 Desert Gold Shares were issued to Ashanti shareholders. Ashanti continues as a wholly owned subsidiary of the [...]
Desert Gold Ventures Inc. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement . In the First Tranche the Company raised proceeds of $1,713,587 through the sale of 10,709,916 Units. This second and final tranche raised $1,789,980 through the sale of a further 11,243,627 Units. Securities [...]
Desert Gold Ventures Inc. is pleased to announce that further to its press release dated May 7, 2019, the Company has exercised its option to earn an initial 55% controlling interest relating to an option agreement with Mineral Management Consulting to acquire a 100% interest in two properties, contiguous and proximal to the Company's flagship [...]
Desert Gold Ventures Inc. is pleased to provide an update regarding the ongoing exploration program at the Company's Senegal Mali Shear Zone Project in Western Mali. Update on Senegal Mali Shear Zone Project 2019 Exploration Program Exploration has commenced over Desert Gold's SMSZ Project . To date, weather in the region has seen minimal rain and [...]
Desert Gold Ventures Inc. is pleased to announce that it has closed a first tranche of its non-brokered private placement of up to 15,625,000 units at a price of CDN $0.16 per unit to raise up to an aggregate of CDN $2,500,000 . In the First Tranche the Company has raised proceeds of $1,713,586.58 through the sale of 10,709,916 Units. Securities [...]
Desert Gold Ventures Inc. is pleased to announce that it has successfully renewed its 100% owned Djimbala permit for an initial 3-year term. Furthermore, the license grants Desert Gold the option to renew the permit for two additional 2-year terms giving the Company control of Djimbala until May 2026. ABOUT DJIMBALA The permit is 100km2 and is [...]
Desert Gold Ventures announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 15,625,000 units at a price of CDN $0.16 per unit to raise up to an aggregate of up to CDN $2,500,000. Each Unit will consist of one common share in the equity of the Company and one common share purchase warrant. Each [...]
