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Core Hole at Desert Gold's SMSZ Project Returns 1.08 g/t Gold Over 124 Metres* including 1.85 g/t Gold Over 41.1 Metres* Extending Mineralization to 175 Metres Depth
Delta, British Columbia--(Newsfile Corp. - June 2, 2022) - Desert Gold Ventures Inc. (TSXV: ...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Core Hole at Desert Gold's SMSZ Project Returns 1.08 g/t Gold Over 124 Metres* including 1.85 g/t Gold Over 41.1 Metres* Extending Mineralization to 175 Metres DepthDelta, British Columbia--(Newsfile Corp. - June 2, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the \"Company\") is pleased to announce results from the first three core holes designed to drill test the depth extent of the Gourbassi West North Zone at its SMSZ Project in Western Mali. All three core holes intersected significant amounts of gold mineralization with a highlight intercept of 1.08 g/t gold over 124 metres* including 1.85 g/t gold over 41.1 metres* and 0.7 g/t gold over 30.6 metres*. The first three holes, which were all core holes, returned wide intervals of gold mineralization and demonstrate that gold mineralization extends to at least 175 metres depth compared to the previous depth extent of 35 metres. A summary of significant intercepts are as follows:FR-22-DD-007 - 1.35 g/t gold over 43.1 metres including 1.66 g/t gold over 13 metresFR-22-DD-008 - 0.53 g/t gold over 8.2 metres and 0.74 g/t gold over 21.0 metresFR-22-DD-009 - 0.70 g/t gold over 30.6 metres and 1.08 g/t gold over 124 metres including 1.85 g/t gold over 41.1 metres* True widths are estimated at 60-70 % of drill widths except for the intercept in hole DD-009 which is estimated at 57% of drilled lengthJared Scharf, President and CEO, commented, \"This is a fantastic start to our 2022 drill program. We are intersecting wide zones of gold mineralization that start at or near surface suggesting real potential for the delineation of a significant gold deposit with good economics. Hole DD009 intersected roughly 160 metres of almost continuous gold mineralization. These initial results are particularly satisfying as the Gourbassi West North Zone is a recent discovery in a previously unexplored part of the property. Gourbassi West North has the potential to significantly upgrade the existing resource at SMSZ as we continue to flesh out this target.\"Technical DetailsThe Gourbassi West North (GWN) Zone, which was discovered in July 2021, lies near the west side of the SMSZ property package (Figure 4). A total of 94 holes totalling 4,372.5 metres of drilling has been completed over the GWN Zone including 3 core holes totalling 605.5 metres, 14 RC holes totalling 1,854...