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Desert Gold Delivers Positive PEA for SMSZ Project with USD $24M After-Tax NPV (10%) and 34% IRR at USD $2,500/oz Gold for Barani and Gourbassi Deposits in Mali
Delta, British Columbia--(Newsfile Corp. - August 7, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or the "Company") is pleased to announce the results of its maiden Preliminary Economic Assessment ("PEA") for the Barani and Gourbassi deposits, located on its 100%-owned SMSZ Gold Project in western Mali.The PEA outlines a low-capex, open-pit oxide mining operation, with projected production of approximately 18,300 tonnes per month (or 220,000 tonnes per
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Delta, British Columbia--(Newsfile Corp. - August 7, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or the "Company") is pleased to announce the results of its maiden Preliminary Economic Assessment ("PEA") for the Barani and Gourbassi deposits, located on its 100%-owned SMSZ Gold Project in western Mali.","length":377,"tagName":"p"},{"type":"text","content":"The PEA outlines a low-capex, open-pit oxide mining operation, with projected production of approximately 18,300 tonnes per month (or 220,000 tonnes per annum at steady state) over a mine life exceeding 17 years. The study was completed by Minxcon, with technical work and cost estimation exceeding the minimum standards typically required for a PEA and completed to a confidence level of ±25% accuracy.","length":403,"tagName":"p"},{"type":"text","content":"The PEA mine plan includes a total of 113,500 ounces of gold contained, with an estimated 97,600 ounces expected to be recovered through a simple, gravity and CIL processing flowsheet, based on an average metallurgical recovery of 86%. At a spot gold price of USD $2,500/oz, the project generates an after-tax Net Present Value (NPV) at a 10% discount rate of USD $24 million, an Internal Rate of Return (IRR) of 34%, and a projected payback period of 3.25 years.","length":463,"tagName":"p"},{"type":"text","content":"At the current spot gold price of USD $3,366 the project generates an after-tax Net Present Value (NPV) at a 10% discount rate of USD $54 million, an Internal Rate of Return (IRR) of 64%, and a projected payback period of 2.5 years.","length":232,"tagName":"p"},{"type":"text","content":"The mining plan is designed to be broken out into two phases, starting with open-pit operations at Barani East before transitioning to the Gourbassi deposits. A modular gravity and CIL processing plant will be commissioned at Barani for the first phase of production and later moved to Gourbassi as operations shift. This staged approach helps keep initial capital costs low, avoids duplicating infrastructure, and allows the Company to unlock value from multiple oxide gold zones across the SMSZ Project in a flexible and cost-effective manner.","length":545,"tagName":"p"},{"type":"text","content":"PEA Highlights:","length":15,"tagName":"p"},{"type":"list","items":[{"...