Desert Gold Announces Air Core and Auger Drill Results at SMSZ Project, Western Mali
Desert Gold Announces Air Core and Auger
Drill Results at SMSZ Project, Western Mali
Delta, British Columbia--(Newsfile Corp. - September 23, 2020) -
Desert Gold Ventures
Inc.
(TSXV: DAU) (FSE: QXR2) (OTC PINK: DAUGF) ("Desert Gold" or "the Company") is pleased to
present the results of a recently completed air core ("AC") and auger drill program, comprising 34 AC
holes and 1,065 auger holes on its SMSZ Project in Western Mali, near the border with Senegal.
The ~410 km
2
SMSZ Project is both named after, and, overlies a 38-km section of the Senegal Mali
Shear Zone (see Figure 1), which is related to 5 large gold mines located both to the north and south,
along strike, including B2 Gold's Fekola Mine, Barrick's Gounkoto and Loulo Mines and AngloGold
Ashanti/Iamgold's (now Allied Gold's) Sadiola and Yatela Mines
[1]
. To the Company's knowledge, the
SMSZ Project is the largest, contiguous, non-producer land package over this very prospective structural
feature. Exploration targets within 5 km of the Senegal Mali Shear Zone, are considered by
management, to be high priority exploration targets.
A summary of the drill highlights* are as follows. A property scale map with zone locations is presented
in Figure 2,the summary details of this release are presented in Figure 3 and a table of significant results
is presented in Table 1.
Sorokoto North (new zone)
3.94 g/t gold over 4 metres
2.08 g/t gold over 5 metres
0.84 g/t gold over 5 metres
Barani Gap
2.13 g/t gold over 3 metres
1.24 g/t gold over 7 metres
0.75 g/t gold over 17 metres
0.95 g/t gold over 11 metres
Soa South (new zone)
0.89 g/t gold over 7 metres
Kolon (new zone)
3.96 g/t gold over 3 metres
Auger
10 samples > 300 ppb Au including 2,030 ppb Au, 1,527 ppb Au and 996 ppb Au, 58 auger sites
>50 ppb Au
* Estimated true widths for the holes for the Barani Gap holes is 80% to 90% of the intercept width. The
true width of the Sorokoto North, Soa South and Kolon Zones is unknown at this time.
Jared Scharf, Desert Gold's CEO commented "We're very encouraged by these results. Our air core
results have both continued to expand the scope of recently discovered gold mineralization at the Barani
Gap and resulted in the discovery of new gold zones at Sorokoto North, Kolon and Soa South. As well,
the new auger results further emphasize that, in our opinion, we will find more gold zones." Mr. Scharf
also noted that "with a recently topped up treasury, we have the funds to further advance and test these
targets as they are being developed."
Figure 1 - SMSZ Project Location, Regional Geology and Major Deposits in Western Mali and
Eastern Senegal
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4954/64452_48dd4c40643fa864_001full.jpg
Figure 2 - Property Scale Compilation Map
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/4954/64452_48dd4c40643fa864_002full.jpg
Figure 3 - SMSZ Project Map with Highlighted Auger and AC results**
To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/4954/64452_48dd4c40643fa864_003full.jpg
**All gold grades over width, with the exception of the Soa, Soa South, Sorokoto North, Kolon, Berola
and Gourbassi prospects, represent drill holes with the true widths, for most holes, ranging from 65 to
95%. Estimated true widths for the Soa, Soa South, Sorokoto North, Kolon and Berola prospects are
unknown. Estimated true widths at the Gourbassi Zones are estimated to range from 60% to 90%.
Technical Details
Air Core Drilling
A short AC program was carried out to follow-up on the results from previous AC holes in the Barani Gap
area, over a specific target at Sorokoto North and over the recently acquired Solo West Concession
(see Figures 2 and 3). Significant results were returned from all three target areas. Note that AC holes
can only test the near-surface, strongly weathered rocks and generally are not more than 50 metres
deep.
A total of 17, Barani Gap AC holes, over six targets, were drilled to follow-up on previous AC holes that
had returned good gold values as a follow-up to testing gold-in-auger anomalies. Four of the six targets
areas returned significant gold results. The best hole, which lies along a 2,100-metre long gold-bearing
trend, which includes the Barani East Zone, returned 0.75 g/t gold over 17 metres as a 50-metre
northerly step-out of a previous hole that intersected 3.03 g/t gold over 10 metres. In-fill drilling is required
along this carbonate-hosted gold-bearing trend, which has only been partially detail drilled along an 800-
metre portion. The second-best hole, returned 0.94 g/t gold over 12 metres, from a parallel trend located
approximately 100 metres to the east. Note that three internal samples were missing (assumed internal
values of 0 g/t gold) due to likely artisanal mining depletion. This hole was drilled as a 50 metre north
step out to an intercept that returned 1.36 g/t Au over 6 metres.
Two short, wide-spaced (approximately 3 km apart) drill fences, totalling 11 holes, were completed
proximal to artisanal mining areas, over the recently acquired Sola West concession. These are the first
recorded holes in this area, which lies along a structural zone, which extends from the Barani East Zone
through to the Soa Zone (highlight drill intercept of 2.03 g/t Au over 30 metres). Significant drill intercepts
were returned from both target areas, with the southern fence returning a best intercept of 3.96 g/t Au
over 3 metres and the northern fence returning a best intercept of 0.89 g/t Au over 7 metres. The northern
most drill fence also returned wide, low grade, but strongly anomalous gold values in five of the six AC
holes, suggesting the presence of a large mineralized system.
The third target area, Sorokoto North, is a new discovery. It is located proximal to another northeast
trending cross structure, much like the Barani East-Soa Zone structural trend. Three of the six holes
returned significant drill results with holes DJ-20-AC-001 and DJ-20-AC-003 returning intercepts of 0.84
g/t Au over 5 metres, 3.94 g/t Au over 4 metres and 2.08 g/t Au over 5 metres.
Auger Drilling
A total of 1,065 auger holes were drilled along 23, wide spaced drill fences over, dominantly, laterite-
covered areas (see Figure 3 for general auger hole locations and highlight results). The auger holes,
along the drill fences, are spaced 25 metres apart and average 9 metres deep ranging from 3 to 27
metres deep. Two samples are taken in each hole corresponding to the base of the laterite and the
upper part of the saprolite (weathered rock). The purpose of the auger drilling was to test below large,
laterite-covered areas, where previous work is limited to non-existent and where soil sampling is not an
effective tool for the discovery of sub-cropping gold zones. The goal of this program was to identify areas
with gold enrichment and then follow-up with more detailed auger drilling and subsequent testing of
anomalies. This program resulted in 58 auger sites returning gold values >50 ppb gold with 25 of the
sites returning >100 ppb gold, with a best result of 2,030 ppb gold. In-fill auger lines, spaced from 200 to
400 metres apart, will be completed to better define the gold-in-auger anomalies, so that drill targets can
be developed. Previous auger drilling on the property, returned five significant drill intercepts with a best
intercept of 3.03 g/t gold over 10 metres, from the Barani Gap area.
The five longest auger lines, up to 4.4 km long and approximately 1.3 to 2 km apart, were completed
over an extensive, laterite-covered area that overlies an area to the east of the interpreted location of the
Senegal Mali Shear Zone. Significant gold-in-auger anomalies, and wide areas of gold enrichment (20
to 50 ppb gold) were returned from all five lines.
Eight, up to 1,000-metre long auger lines were completed proximal to the new Kolon and Soa South
Zones. These scattered lines were first pass auger drill tests over areas with anomalous soil values,
and/or laterite covered areas. Gold-in-auger values ranged up to 966 ppb gold with seven sites returning
>50 ppb gold. Follow-up auger drilling is required.
Three short auger lines were completed to test laterite-covered areas to the north of the Berola gold
occurrence (previous intercept of 1.03 g/t gold over 18 metres - true width unknown). The Berola
occurrence is hosted by a hydrothermal breccia that is located adjacent to a manganese/hematite iron
formation exhalate unit, in a similar setting to the Gourbassi NE zone, located approximately, 5.5 km to
the southwest. This exhalate horizon lies proximal to a likely structure, defined by a change from higher to
lower magnetic susceptibility, that separates volcanic rocks to the west, from conglomerates (in part
'Tarkwa-looking') and siltstones to the east. All three auger lines returned anomalous gold-in-auger
results, with the two, southernmost lines returning the best results and a local high value of 366 ppb gold.
One other auger line, located in the extreme southeast corner of the property, returned a single strong
gold value of 364 ppb gold. This auger line was installed to partially test an area where the Senegal Mali
Shear Zone appear to bifurcate.
Next Steps
Work on a 43-101 technical report has commenced with the selection of a consultant and continued
updating of the mineralization models. The results of this report, including an exploration plan, are
expected to be released in late October or early November, with field exploration, including
approximately 20,000 metres of drilling, is expected to resume in November, and then continue through
to early July, 2021.
QAQC
All AC samples were geologically logged following Desert Gold's established standard operating
procedures.
For AC drilling, all individual samples represent approximately one-meter in length of rock chips
homogenized and riffle-split to an approximately 2kg sub-samples which were sent by truck from the
project site, for preparation and gold assaying at the SGS laboratories in Bamako, Mali.
Each sample (auger and AC) is fire-assayed for gold by SGS laboratories in Bamako using Au-FAA505
method, which is a 50g fire assay fusion with AAS instrument finish. In addition to SGS's own QA/QC
(Quality Assurance/Quality Control) program, Desert Gold's internal quality control and quality assurance
procedures included the use of certified standards (1:20-30), sample duplicates (1 :20) and blanks (1
:20). Sample batches that fail QAQC review, especially those with significant gold values, are re-
assayed with the insertion of new standards.
This press release contains certain scientific and technical information. The Company is solely
responsible for the contents and accuracy of any scientific and technical information related to it.
Don
Dudek, P.Geo. a director of Desert Gold and a Qualified Person under National Instrument 43-101, has
reviewed and approved the scientific and technical information contained in this press release.
About Desert Gold
Desert Gold Ventures Inc. is a gold exploration and development company that holds 2 gold exploration
projects in Western Mali (SMSZ and Djimbala) and its Rutare gold project in central Rwanda. The
Company's current focus is its 410 km
2
SMSZ Project that spans approximately 38 km of the prolific
Senegal Mali Shear Zone.
On Behalf of the Board of Directors
"Sonny Janda"
____________________
Sonny Janda, Chairman
Contact:
Jared Scharf, President & CEO
Email:
Tel. No.: +1 (858) 247-8195
For further information please visit our website
www.desertgold.ca
or information available on
www.SEDAR.com
under the company's profile.
Certain statements contained in this release may constitute "forward-looking statements" or "forward-
looking information" (collectively "forward-looking information") as those terms are used in the Private
Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future
events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated", "anticipates" and similar expressions and statements relating to matters that
are not historical facts are intended to identify forward-looking information and are based on the
Company's current belief or assumptions as to the outcome and timing of such future events. Actual
future results may differ materially. In particular, this release contains forward-looking information relating
to the business of the Company, the Property, financing and certain corporate changes. The forward-
looking information contained in this release is made as of the date hereof and the Company is not
obligated to update or revise any forward-looking information, whether as a result of new information,
future events or otherwise, except as required by applicable securities laws. Because of the risks,
uncertainties and assumptions contained herein, investors should not place undue reliance on forward-
looking information. The foregoing statements expressly qualify any forward-looking information
contained herein.
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.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities
described herein in the united states. The securities described herein have not been and will not be
registered under the united states securities act of 1933, as amended, and may not be offered or sold in
the united states or to the account or benefit of a U.S. person absent an exemption from the registration
requirements of such act.
Table 1 - Summary of Significant Drill Intercepts
BHID
FROM
TO
LENGTH
Au_ppm
Prospect
DJ-20-AC-001
33
34
1
0.64
Sorokoto North
DJ-20-AC-001
37
48
11
0.51
Sorokoto North
includes
43
48
5
0.84
Sorokoto
North
DJ-20-AC-003
8
12
4
1.09
Sorokoto North
DJ-20-AC-003
19
22
3
0.66
Sorokoto North
DJ-20-AC-003
28
32
4
3.94
Sorokoto
North
DJ-20-AC-003
38
42
4
0.5
Sorokoto North
DJ-20-AC-003
45
50
5
2.08
Sorokoto
North
DJ-20-AC-004
19
27
8
0.32
Sorokoto North
DJ-20-AC-004
20
22
2
0.69
Sorokoto North
DJ-20-AC-004
30
47
17
0.32
Sorokoto North
includes
32
33
1
0.72
Sorokoto North
includes
37
39
2
1
Sorokoto North
DJ-20-AC-004
68
71
3
0.54
Sorokoto North
FA-20-AC-002
17
28
11
0.33
Barani Gap
FA-20-AC-003
17
24
7
1.24
Barani Gap
FA-20-AC-003
29
30
1
0.68
Barani Gap
FA-20-AC-004
47
48
1
2.39
Barani Gap
FA-20-AC-005
37
39
2
0.77
Barani Gap
FA-20-AC-005
42
43
1
0.54
Barani Gap
FA-20-AC-006
41
44
3
2.13
Barani Gap
FA-20-AC-006
59
60
1
0.57
Barani Gap
FA-20-AC-009
13
30
17
0.75
Barani Gap
FA-20-AC-010
5
18
13
0.18
Barani Gap
FA-20-AC-010
21
22
1
0.96
Barani Gap
FA-20-AC-017
9
21
12
0.95
Barani Gap
SW-20-AC-001
5
20
15
0.13
Soa South
SW-20-AC-001
27
48
21
0.21
Soa South
SW-20-AC-002
14
25
11
0.41
Soa South
SW-20-AC-003
27
38
11
0.14
Soa South
SW-20-AC-004
34
44
10
0.28
Soa South
SW-20-AC-006
9
25
16
0.35
Soa South
SW-20-AC-006
58
65
7
0.89
Soa South
SW-20-AC-006
60
62
2
2.49
Soa South
SW-20-AC-007
20
21
1
0.86
Kolon
SW-20-AC-008
15
18
3
3.96
Kolon
SW-20-AC-008
23
25
2
0.98
Kolon
SW-20-AC-008
30
31
1
0.94
Kolon
SW-20-AC-008
37
38
1
1.68
Kolon
SW-20-AC-009
12
13
1
1.41
Kolon
SW-20-AC-009
34
36
2
1.36
Kolon
SW-20-AC-009
41
42
1
1.15
Kolon
SW-20-AC-011
2
3
1
2.44
Kolon
SW-20-AC-011
10
11
1
0.72
Kolon
Table 1 - Detailed Drill Hole Assay Summary
[1]
Mineralization hosted on adjacent and/or nearby properties is not necessarily representative of
mineralization hosted on the Company's SMSZ Property.