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DAU.V ·

Desert GOLD Announces Non-Brokered Private Placement

Financings

4770 72nd Street Delta, British Columbia | Canada | V4K 3N3 | Office +1 (604) 245 6802 | Fax +1 (604) 592 6882

For Immediate Release

TSX.V: DAU

Frankfurt: QXR2

OTC: DAUGF

DESERT GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Delta, British Columbia, March 31, 2017. Desert Gold Ventures Inc. (“Desert Gold” or “the Company”)

(TSX.V: DAU, FF: QXR2, OTC: DAUGF) announces that it will conduct a non-brokered private placement of up to

2,760,800, units at a price of CAD$0.25 per unit (the “Unit”) to raise up to an aggregate CAD$690,200 (the

“Financing”).

Each Unit will consist of one common share in the equity of the Company and one share purchase warrant (the

“Warrant”). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of

CDN$0.30 per share for a period of five (5) years from the closing of this Financing. Warrants will be subject to a

thirty (30) day acceleration clause u pon announcement by th e Company that its shares have traded on a volume

weighted average basis of CDN$1.00 per common share, or more, for at least ten (10) consecutive trading days.

The proceeds of the Financing will be used for general working capital and development purposes at the Company’s

projects in Western Mali. There may be a finder’s fee payable for the Financing. Securities issued as a result of the

Financing will be subject to a statutory hold period. The Financing is subject to Toronto Venture Stock Exchange

approval.

ON BEHALF OF THE BOARD

“Jared Scharf”

___________________________

Jared Scharf

President & Director

+1 (858) 247-8195

For further information please visit www.SEDAR.com under the company’s profile.

This news release contains forward-looki ng statements respecting the Company's ability to successfully complete the Offering. T hese forward-

looking statements entail various risks and uncertainties that coul d cause actual results to differ materially from those refle cted in these forward-

looking statements. Such statements are based on current expect ations, are subject to a number of uncertainties and risks, and actual results may

differ materially from those contained in such statements, incl uding the inability of the Company to successfully complete the Offering. These

uncertainties and risks include, but are not limited to, the strengt h of the capital markets, the price of gold; operational, f unding, and liquidity

risks; the degree to which mineral resource estimates are reflec tive of actual mineral resources; and the degree to which facto rs which would

make a mineral deposit commercially viable are present; the risk s and hazards associated with mining operations. Risks and unce rtainties about

the Company's business are more fully disc ussed in the company's disclosure materi als filed with the securities regulatory auth orities in Canada

and available at www.sedar.com and readers are urged to read these materials. The Co mpany assumes no obligation to update any forward-

looking statement or to update the reasons why actual results could differ from such statements unless required by law.

Neither the TSX Venture Exchange nor its regulation services provid er (as that term is defined in the policies of the TSX Ventu re Exchange)

accepts responsibility for the adequacy or accu racy of this release. This news releas e does not constitute an offer to sell or a solicitation of an

offer to buy the securities described herein in the United Stat es. The securities described herein have not been and will not b e 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.