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Desert Gold Acquires Strategic Land Package from Altus Strategies PLC

Delta, British Columbia--(Newsfile Corp. - August 28, 2019) -  Desert Gold Ventures Inc....

articleDesert Gold Ventures Inc.August 28, 20194/company/desert-gold-ventures-inc/news/desert-gold-acquires-strategic-land-package-from-altus-strategies-plc
Desert Gold Acquires Strategic Land Package from Altus Strategies PLC

About this update from Desert Gold Ventures Inc.

[{"type":"text","content":"Desert Gold Acquires Strategic Land Package from Altus Strategies PLCDelta, British Columbia--(Newsfile Corp. - August 28, 2019) -  Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (\"Desert Gold\" or \"the Company\")  is pleased to announce that the Company has entered into an agreement (the \"Agreement\") with AIM and TSXV co-listed Altus Strategies PLC (\"Altus\"), to acquire Altus' Sebessounkoto Sud and Djelimangara gold projects (\"Project\") which are contiguous to the Company's Senegal Mali Shear Zone Project located in western Mali.ABOUT THE ALTUS PROPERTIESDesert Gold's acquisition of Altus' two concessions, along, and just east, of the Senegal Mali Shear Zone (SMSZ), increases the size of Desert Gold's contiguous land package, by a further 28% to 379.9 km2 (see Figure 2). Furthermore, the addition of the Altus ground, doubles Desert Gold's holdings along strike, and east of the SMSZ, from 17 to 34 kilometres. This is material since the SMSZ is related to multi-million-ounce gold mines and deposits owned by Barrick (Loulo, Gounkoto, Massawa), B2Gold (Fekola), Anglogold Ashanti/Iamgold (Sadiola, Yatela) and Iamgold (Boto, Diahka), that are located, along strike, both to the north and south (see Figure 1). The addition of this property further cements Desert Gold's strategic land package along some of the most prospective ground in West Africa.Previous work on the Altus ground discovered five gold mineralized zones (see Figure 2) with drill intercepts to 1.84 g/t gold over 30 metres (Manakoto Prospect) and trenching returning up to 0.89g/t gold over 28 metres (Soa Prospect). In addition to following up on previous drill and trench results, Desert Gold will review and drill test if warranted, the myriad of both moderate to strong gold-in-soil anomalies. As well, the Altus ground hosts the northeast strike extension of the structural corridor which hosts Desert Gold's Barani East, Linguekoto and several newly discovered artisanal mining zones; the undrilled Soa Prospect lies along this trend.Figure 1 - Project Location and Regional GeologyTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4954/47326_8df73fda943858b3_001full.jpgFigure 2 - Desert Gold's SMSZ Project - Significant ResultsTo view an enhanced version of Figure 2, please visit:https://orders.ne...

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