Desert Gold Preliminary Metallurgical Results
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For Immediate Release
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Desert Gold Preliminary Metallurgical Results
Delta, British Columbia, August 29, 202 2 Desert Gold Ventures Inc. (the “Company”) (TSX.V: DAU, FSE: QXR2,
OTCQB: DAUGF) announces preliminary metallurgical results from the first RC/core hole s by the Company at its
Mogoyafara South, Linnguekoto West and new Gourbassi West North Zones (see Figure 1 for locations). Mineralized
intervals of fresh rock, generally fro m a single lens (except at Mogoyafara South where two lenses were sampled) from
each of these zones were subjected to 72 -hour bottle roll analysis. The Company carries out this routine metallurgical
analysis as soon as fresh rock samples are available from any potential or existing mineral resource targets. Composite
samples are created by combining assay rejects from a mineralized interval. These rejects are then ground to 80% passing
75um with approximately 1.5 kg of sample mixed with a CN-bearing solution held at a PH of approximately 10 with timed
extraction of the assay liquor at 12, 24, 36, 48 and 72 hours. The samples and CN-bearing fluids are slowly rolled to ensure
continuous mixing of sample pulps and CN -bearing solutions. Fire assays of the pulped composite sample are taken both
at the beginning and the end of the 72-hour time bottle roll leach period.
Samples from Mogoyafara South, returned good, best, fresh rock recoveries of 86% and 88%. Two samples from Gourbassi
West North and one from Linngukoto West returned poor bottle-roll leach recoveries ranging from 22% to 25%. Additional
metallurgical tests comprising finer grinding and the addition of reagents will be carried out on all of the samples to
determine if first pass metallurgical recoveries can be easily improved. As well, metallurgical samples from other
mineralized lenses and the oxide portions of these zones will be subjected to first pass metallurgical testing. Initial and final
assay’s variability are expected to be related to variability within a sample pulp verses the result of variability due to coarse
gold.
A summary of the metallurgical test work is presented in the table below.
Previous Metallurgical Test work
Preliminary metallurgical test work was completed for Barani East (gold recoveries of 93.8% for oxides and 83% to 98.7%
for fresh rock), Gourbassi West (gold recoveries of 93.6% for oxides and 95.2% for fresh rock) and Gourbassi East (87.6%
for fresh rock) (source NI 43-101 report filed on SEDAR March 3, 2022).
Hole Number Zone
Assay g/t
Au over
metres**
Pre-test
Au g/t
Au 12Hr
Au g/t
Au 24Hr
Au g/t
Au 36Hr
Au g/t
Au 48Hr
Au g/t
Au 72Hr
Au g/t
Residual
Au g/t
Final Au
g/t
% change
from original
assay
Recovery
after 72 hrs
Best
Recovery
KO-22-RC-001 MS 0.75/16m 0.77 740 698 723 838 772 0.14 0.91 18% 85% 86%
KO-22-RC-002 MS 0.50/5m 0.49 474 457 468 454 492 0. 07 0.56 15% 88% 88%
KO-22-RCD-001 LW 3.13/11m 2.89 669 698 657 710 648 2.43 3.08 7% 21% 23%
FR-22-DD-007 GWN 1.66/13m 1.77 256 266 275 269 309 1.12 1.43 -19% 22% 22%
FR-22-DD-008 GWN 1.12/12.6m 1.12 225 237 250 275 273 0.82 1.09 -2% 25% 25%
* MS= Mogoyafara South, LW=Linnguekoto West, GWN=Gourbassi West North
** Estimated True width ranges from 80-90% for MS, 50% for LW and 65% for GWN
Suite 210, Surrey, British Columbia | Canada | V3T 2X9 | Office +1 (604) 357 4726 | Fax +1 (604) 592 6882
The
Figure 1. Plan Map Mineral Deposits and Zones, significant drill hole intercepts*, soil geochem summary on color -
contoured analytical signal magnetic data
*All gold grades over width, with the exception of the Soa , 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 and Berola prospects are unknown. Estimated true widths at
the Gourbassi Zones are estimated to range from 60% to 90%. True widths at Linnguekoto West are estimated to be 50% of drilled
length.
Next Steps
The Company is proposing a 35,000-metre drill program including 10,000 metres of contingency drilling. Contingency
holes will have a sole purpose of developing mineral resources. Drill holes are designed to follow -up and extend known
Suite 210, Surrey, British Columbia | Canada | V3T 2X9 | Office +1 (604) 357 4726 | Fax +1 (604) 592 6882
gold zones with an initial focus at Mogoyafara South and Gourbassi West North Zones and Zones area which are deemed
to be the largest gold systems discovered on the property to date. Currently planned holes are presented in Figure 2.
Auger and additional AC holes to the north and east of the Gourbassi West North Zone, as well as follow -up to 2021 drill
and auger results, which were not completed during the recent program, still need to be drilled. A highlight summary of
the 2021 high priority targets requiring follow-up include the following:
Sola - 2.04 g/t gold over 30 metres
Kamana – 1.80 g/t gold over 17 metres
Manakoto – 1.65 g/t gold over 21 metres
Sorokoto South – 2.68 g/t gold over 6 metres
Frikidi – gold in auger values of 8,650, 3,100, 2.370, 462 and 440 ppb gold
QAQC
All auger and drill samples are delivered to SGS in Bamako, Mali where they are prepped. The prepped samples, are both
shipped by truck to SGS’s facility in Ouagadougou, Burkina Faso, or remain at SGS’s laboratory in Bamako, for Au
determination by fire assay. Standards, assay blanks and sample duplicates, are inserted into the assay stream every 22 to
30 samples, respectively equaling one control sample for every approximately every 8 assay samples. All assay batches are
reviewed for quality with re -assays requested 20 samples on either side of standards that assay more than 2 to 3 SD from
an excepted value and for blanks that contain more than 10 ppb gold.
Ashanti Gold drill results QAQC Procedures for the Gourbassi East and West Zones
Certified Reference Materials and Blanks were inserted into the sample stream at the rate of 1:20 samples. Field duplicates
are collected at the rate of 1:50 samples. All samples have been analyzed by SGS Laboratories in Bamako with standard
preparation methods and 50g fire assay with atomic absorption finish. SGS does their own introduction of QA/QC samples
into the sample stream and reports them to Ashanti for double checking. Higher grade samples are reanalyzed from pulp
or reject material or both.
Hyundai QAQC Procedures
Desert Gold does not have any information regar ding Hyundai’s QAQC procedures at the Linnegukoto West Zone .
However, based on follow-up of historic drill results in the Barani Area indicates an acceptable level of accuracy.
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 both
Qualified Persons under National Instrument 43-101, have reviewed and approved the scientific and technical information
contained in this press release.
Suite 210, Surrey, British Columbia | Canada | V3T 2X9 | Office +1 (604) 357 4726 | Fax +1 (604) 592 6882
Figure 2. Proposed 2022-23 drill holes and auger surveys
On Behalf of the Board
“Jared Scharf”
___________________________
Jared Scharf
President & CEO
About Desert Gold
Desert Gold Ventures Inc. is a gold exploration and development company which controls the 440 km2 SMSZ Project in
Suite 210, Surrey, British Columbia | Canada | V3T 2X9 | Office +1 (604) 357 4726 | Fax +1 (604) 592 6882
Western Mali containing Measured and Indicated Mineral Resources of 8.47 million tonnes grading 1.14 g/t gold totaling
310,300 ounces and Inferred Mineral Resources of 20.7 million tonnes grading 1.16 g/t gold totaling 769,200 ounces. For
further information please visit www.SEDAR.com under the company’s profile. Website: www.desertgold.ca
This news release contains forward -looking statements. These forward- looking statements entail various r isks and
uncertainties that could cause actual results to differ materially from those reflected in these forward- looking statements.
Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results
may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited
to, the strength of the capital markets, the price of gold; operational, funding, liquidity risks, the degree to which Mineral
Resource estimates are reflective of actual Mineral Resource s, the degree to which factors which would make a mineral
deposit commercially viable, and the risks and hazards associated with mining operations. Risks and uncertainties about
the Company's business are more fully discussed in the company's disclosure materials filed with the securities regulatory
authorities in Canada and available at www.sedar.com and readers are urged to read these materials. The Company
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 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.
Contact
Jared Scharf, President and CEO
Email: [email protected]
Tel. No.: +1 (858) 247-8195