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Desert Gold Announces Drill Results at SMSZ Project, Western Mali; 3.09 g/t Gold over 25 Metres, 2.54 g/t Gold over 15 Metres and 4.76 g/t Gold over 13.5 Metres
Delta, British Columbia--(Newsfile Corp. - August 31, 2020) - Desert Gold Ventures Inc. (TSX...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold Announces Drill Results at SMSZ Project, Western Mali; 3.09 g/t Gold over 25 Metres, 2.54 g/t Gold over 15 Metres and 4.76 g/t Gold over 13.5 MetresDelta, British Columbia--(Newsfile Corp. - August 31, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (\"Desert Gold\" or \"the Company\") is pleased to present the results of a recently completed, 2,138.5 metre drill program comprising 4 core holes and 10 reverse circulation (RC) holes on its SMSZ Project in Western Mali, near the border with Senegal. The ~410 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 gold mines located both to the north and south, along strike, including B2 Gold's Fekola Mine, Barrick's Gounkoto and Loulo 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.Desert Gold carried out a 51-hole drill program during June and July, 2020. Model driven targets were tested at the Gourbassi East, Gourbassi West and Barani East Zones (see Figure 2). This news release includes results from 14 RC and core holes completed over these three zones. Results for the 34 AC totalling 1,621 metres and 1,065 auger holes are still pending.A summary of the drill highlights* are as follows (see Figures 3-6 for more detail and Table 1, at end):Barani East4.76 g/t gold (3.81 g/t gold cut to 30 g/t gold) over 13.5 metres and 2.49 g/t gold over 5.1 metres Gourbassi East3.09 g/t gold over 25 metres and 2.54 g/t gold over 15 metres 1.66 g/t gold over 14 metres 1.34 g/t gold over 5 metres Gourbassi West1.02 g/t gold over 15 metres 1.68 g/t gold over 6 metres 0.75 g/t gold over 20 metres * Estimated true widths for the holes is from 65% to 90% of the intercept width. Jared Scharf, Desert Gold's CEO comments, \"During two drill campaigns in the recent drill season, we completed approximately 40% of approximately 20,000 metres of proposed drilling. This work has resulted in the discovery of at least five new areas of gold mineralization, validation of the ...