Desert Gold Ventures Inc. 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 raising gross proceeds of CAD $1,119,520 . The Financing is subject to final acceptance for filing by the TSX Venture Exchange. Securities issued pursuant to the Financing are [...]
Desert Gold Ventures Inc. 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 [...]
Desert Gold Ventures Inc. announces that, further to its February 1, 2024 news release and subject to TSX Venture Exchange approval, it has increased its non-brokered private placement of units at a price of CAD $0.07 per Unit . In connection with the Financing, the Company advises that it has received subscription receipts totaling CAD $1,119,220 [...]
Exploration Drill Program Proposed at SMSZ Project Desert Gold Ventures Inc. is pleased to announce the initiation of a Preliminary Economic Assessment 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 [...]
Desert Gold Ventures Inc. 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 to raise up to CAD $700,000 . Each Unit will consist of one common share in the equity of the Company and a share purchase warrant [...]
Desert Gold Ventures Inc. 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 [...]
Delta, May 9, 2023 - Desert Gold Ventures Inc. is pleased to highlight a recently proposed transaction where a new management group, comprised of former Yamana Gold Principals, plan to take Allied Gold Corp. Limited, public. Allied Gold's principal asset, the Sadiola Mine Property lies contiguous to the northern boundary of Desert Gold's SMSZ [...]
Desert Gold Ventures Inc. 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 . Desert Gold's 440 km2 SMSZ Project is both named after and overlies a 43 km section of the prolific Senegal [...]
Desert Gold Ventures Inc. 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 [...]
Desert Gold Ventures Inc. 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 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 [...]
Desert Gold Ventures Inc. is pleased to announce that, subject to stock exchange approval, it has closed a first tranche of its non-brokered private placement of 34,242,184 units at a price of CAD $0.07 per unit to raise gross proceeds of CAD $2,396,903 . Securities issued as a result of closing the First Tranche will be subject to a statutory hold [...]
Desert Gold Ventures Inc. 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 . Each Unit will consist of one common share in the equity of the Company and one common share purchase warrant [...]
