Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NEWS RELEASE Desert Gold Ventures Inc.
Suite 800 – 1199 West Hastings Street Vancouver, B.C., V6E 3T5 Tel.: (604) 687-2038 Fax.: (604) 687-3141
September 3, 2010 TSX Venture Symbol: DAU OTCQX: DAUGF
Desert Gold Ventures Appoints New President & CEO,
Vancouver, B.C. – Desert Gold Ventures Inc. (“Desert Gold” or the “Company”) wishes to announce the appointment of Mr. Brian G. Thurston as Director, President and Chief Executive Officer of the Company effective September 3, 2010. Mr. Eugene Beukman will resign as President and Chief Executive Officer effective September 3, 2010 but continue to serve on the Board of Directors of the Company. The Board wishes to acknowledge Mr. Beukman’s commitment to Desert Gold over the past years and looks forward to his continued involvement serving as Director.
Mr. Thurston has more than 19 years of exploration management and operational experience working on Canadian, Latin American and African projects. He was part of the initial geological exploration team that evaluated the land holdings of Aurelian Resources Inc. (TSX: ARU) in Ecuador in 2002, and held the position of Country Manager for Aurelian in 2004 and 2005. Aurelian was taken over by Kinross Gold Corp. (TSX: K; NYSE: KGC) in a transaction valued at $1.2 billion. Mr. Thurston has acted as an independent Director for various public and private companies. Most recently Mr. Thurston served as President and CEO of Lion Energy Corp. (TSX-V: LEO) from November 2007 to April 2010, during which time the company successfully raised more than $30 million dollars to advance their projects.
As President and Chief Executive of the Company, Mr. Thurston will lead the Company’s exploration activities, strategic planning, building the Company’s technical team, and will provide his expertise to assist the Company to rapidly grow through a combination of development of its existing property, as well as prospective business opportunities for acquisition.
Ayub Khan, Chairman of Desert Gold Ventures Inc. states, “We are delighted to have Brian on-board as part of our senior management team. He has a tremendous amount of management and field experience, and we look forward to his input and contribution to the Company’s overall growth strategy.”
On Behalf of the Board of Directors,
" Ayub Khan"
Ayub Khan, Chairman
For further information on Desert Gold Ventures Inc. please visit our website at: www.desertgold.ca
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forwardlooking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.