Desert GOLD Outlines New Exploration Targets Proximal to the Senegal Mali Shear Zone
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For Immediate Release
DESERT GOLD OUTLINES NEW EXPLORATION TARGETS
PROXIMAL TO THE SENEGAL MALI SHEAR ZONE
Delta, British Columbia, January 30, 2020. Desert Gold Ventures Inc. (“Desert Gold” or “the
Company”) (TSX.V: DAU, FF: QXR2, OTC: DAUGF) is pleased to present, recently acquired and
reviewed, geophysical data over the Company’s SMSZ Project in Western Mali, near the border with
Senegal.
The ~400 km2 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 mines located both to the north and south, along strike,
including B2 Gold’s Fekola Mine, Barrick’s Gounkoto and Lou lo Mines and AngloGold
Ashanti/Iamgold’s (now Allied Gold’s) Sadiola and Yatela Mines1. 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.
Induced Polarization (IP) surveys were carried out over the project area in 2011 for Trans Afrika
Resources, a precursor to Desert Gold. This work led to the definition of 15 strong anomalies that are
presented in Figures 2 and 3, along with select drill results, the inferred location of the Senegal Mali
Shear Zone and select geological data. Of these anomalies, 4 anomalies, B, E, F and I, are deemed to be
tested with each of the 4 related to known gold zones. The remaining 11 geophysical anomalies have
either not been adequately tested or tested at all. A summary of the anomalies is presented in Table 1.
Testing of these geophysical anomalies is planned to begin in 1H, 2020.
Jared Scharf, Desert Gold’s CEO comments “This newly evaluated geophysical data, further emphasises
the potential of the SMSZ Project. We are defining new targets in a great structural setting, in generally,
laterite and/or overburden-covered areas, that would not have been picked up by conventional soil
sampling and mapping. As well, most, if not all of these anomalies are of sufficient scale for the
discovery of a new, significant, gold deposit.”
1 Mineralization hosted on adjacent and/or nearby properties is not necessarily representative of mineralization hosted on the
Company’s SMSZ Property.
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Figure 1 Property Scale Compilation Map*
*All gold grades over width, with the exception of the Soa prospect, represent drill holes with the true widths, for most hole s,
ranging from 70 to 95%. **The Soa Prospect result is from a trench with true widths unknown. Estimated true widths for the
Berola Prospect are unknown. True widths at the Gourbassi Zones range are estimated to range from 60% to 90%.
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Figure 2 Colour-contoured IP Chargeability Inversion data for -168 metre level
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Figure 3 Colour-contoured IP Resistivity Inversion data for -168 metre level
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Technical Details
Induced Polarization surveys were carried out over an approximate 3 km by 8 km part of the project area
in 2011 for TransAfrika Resources, a precursor to Desert Gold. The geophysical surveys consisted of a
Time Domain, Pole-Dipole IP survey that was conducted with 6 x 100 metre dipoles. The results were
modelled using the Geotomo Software inversion package . This work led to the d elineation of 15
anomalies with color-contoured inversion data presented at the approximate 168-metre vertical level, well
below the base of oxidation (see Figures 2 and 3).
The IP summary data presented in Figures 2 and 3 also show three critical, regional scale geological
features, including the Senegal Mali Shear Zone in the lower left portion of the figures, a northeast -
trending shear zone corridor and two, larger granodiorite intrusions in the upper right of the figures.
Regionally, the Senegal Mali Shear Zone is associated with 6, >1 million-ounce gold deposits that are
located within 5 kilometres to the east of the shear zone. The inferred location of the Senegal Mali Shear
Zone is based on an abrupt change in resistivity across the projected structure. The granodiorite intrusion
may have been emplaced in an area where the dominantly north -trending Senegal Mali Shear Zone,
locally trends more northwesterly. The northeast-trending shear zone, which controls the location of the
carbonate-hosted Barani East Zone and a few other gold zones , appears to offset the granodiorite
intrusion, in a left lateral sense, by 500 to 1,000 metres.
A potential geological scenario, is early movement on the Senegal Mali Shear zone, emplacement of the
granodiorite intrusions, which are in turn are both cut by the Northeast Shear Zone, which is in turn cut by
the reactivated Senegal Mali Shear Zone and a series of related north- to northwest-trending splay
structures. Second and third order shears appear to have developed as splays off of the Senegal Mali
Shear Zone and are focussed along, and locally within, the granodiorite intrusion. Gold mineralization is
hosted by siltstones, sandstones, carbonates, felsic intrusions and gabbroic intrusions, or essentially any
rock types that are intersected by stronger shear structures. Alteration consists of typical carbonate sericite
zones with disseminated to veinlet pyrite, quartz veining and local hematization and tourmaliniz ation.
Both iron-(hematization) and tourmaline-enrichment are associated with most of the large deposits in the
region and thus are viewed as positive aspects in this overall target area.
IP chargeability anomaly highs appear to indicate increased in pyrite content as evidenced by increased
pyrite content in the known gold zones, which are associated with chargeability highs. However,
chargeability highs can also be related to other conductive materials, like graphite, which may or may not
be related to gold mineralization. Resistivity highs in this area denote intrusive rocks or general rock type
changes proximal to the Senegal Mali Shear Zone, and areas of abundant quartz veining. Resistivity lows
can represent graphitic shear zones. While gold zones, related to the IP chargeability highs, would be the
easiest to follow, gold zones can also occur on the flanks of the geophysical anomalies.
Table 1 – IP Anomaly Summary
IP Anomaly Chargeability Resistivity Strength Length
(m)
Comment
A (Target
Area 58)
high Low to
flank
strong 1,500 May be western contact of GD.
Strongest at depth. Open to North.
B (Target
Area 37)
high Flank to
high
Mod to
strong
2,100 Barani East Zone. Deviates from
NE trend north toward GD.
Northern portion not tested.
C (target
Area 56)
high Low to
flank to
high
Weak to
strong
3,200 Recently tested with 2 RC holes.
May be two anoms. Northern half
aligned along western GD contact
D (Target
Area 57)
high moderate medium 600 Parallel trend to Barani East Zone.
Not tested.
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E (correlates
with Barani
Zone)
high moderate Medium
to strong
4,000 Northern half correlates with
Barani Zone. Southern half not
tested
F (correlates
with Barani
Zone)
moderate low moderate 850 Part of Barani Zone, open off grid
to north. Good correlation with
drill intercepts
G (Target
Area 55)
moderate Low to
flank
moderate 2,400 Not tested. Consider auger line
H moderate Flank to
high
moderate 260 Likely a shear in the GD.
Intrusion-hosted-type target. Open
to North.
I (correlates
with
Keniegoulou
Zone)
strong Wk to mod
to flank
moderate 2,500 Eastern flank of Keniegoulou
Zone, partially tested. Patchy
assoc Au. AC holes tested
northern portion
J (Target
Area 59)
moderate Moderate
to flank
moderate 1,300 Not tested, open to South.
Appears to cut GD. May be
related to Target Area #3
K (Target
Area 51)
strong strong strong 1,600 Not tested. Seems to lie
immediately to west of SMSZ
L (Target
Area 48)
moderate Moderate
to flank
moderate 2,300 Partially tested, weak auger
correlation, Au to 4.88 g/t over 2
m. parallels target area #2. Could
use a few holes to test.
M (Target
Area 49)
Moderate to
strong
moderate moderate 2,400 Not tested, may be strike
continuation of K, but, N-trending
vs NW, on west side of SMSZ?
N (Target
Area 53)
moderate moderate moderate 1,000
and
300
Not tested. May be southern strike
extend of anomaly G, splay off
SMSZ? Anomaly pair
O (Target
Areas 1 and
52)
moderate Weak to
flank
moderate 500
and
750
Not tested. Eastern anom
correlates with at zone wt tour.
Target area #1. West anom
correlates with 380 ppb Au soil.
May extend to south for another
1,400 m
Exploration Plan
These target areas will be evaluated in a sequential fashion. Wide-spaced auger lines will initially test for
gold enrichment along the IP anomalies that are covered by laterite. If anomalous gold values are
delineated over the anomalies, then more systematic auger drilling will be carried out to better define the
gold anomalies prior to first pass testing by AC drilling. IP anomalies that have been validated by existing
soil surveys and/or geological mapping, will be tested by AC if the rocks are weathered (saprolitic) and
RC if the rocks are fresh.
Additional drilling is planned both to depth and along strike of known zones with a goal to delineate
mineral resources. Recent work at the Barani and Keniegoulou Zones suggests a flat plunge, which would
support continuing to test high grade zones, along strike, at or about the same vertical level. The Barani
East Zone, which is controlled by a different structure, appears to plunge moderately to shallowly to the
southwest, with new drilling targeting down plunge of the known lenses and along strike, with a goal to
discover additional lenses.
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The company, also plans to extend the IP geophysical surveys to the north, since many of the anomalies
are open to the north and the favorable northwest orientation, of the Senegal Mali Shear, appear to persist
for approximately an additional 2 km before appearing to trend northea st for approximately 4 km and
after that, northerly.
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 3 gold exploration
projects in Western Mali (SMSZ, Segala West and Djimbala) and its Rutare gold project in central
Rwanda. The Company’s current focus is its 391 km2 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: [email protected]
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.
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