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Desert Gold Outlines New Exploration Targets Proximal to the Senegal Mali Shear Zone
Delta, British Columbia--(Newsfile Corp. - January 30, 2020) - Desert Gold Ventures Inc. ...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold Outlines New Exploration Targets Proximal to the Senegal Mali Shear ZoneDelta, British Columbia--(Newsfile Corp. - January 30, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (\"Desert Gold\" or \"the Company\") is pleased to present, recently acquired and reviewed, geophysical data over the Company's SMSZ Project in Western Mali, near the border with Senegal.The ~400 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 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 Mines[1]. 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.Induced Polarization (IP) surveys were carried out over the project area in 2011 for TransAfrika Resources, a precursor to Desert Gold. This work led to the definition of 15 strong anomalies that are presented in Figures 2 and 3, along with select drill results, the inferred location of the Senegal Mali Shear Zone and select geological data. Of these anomalies, 4 anomalies, B, E, F and I, are deemed to be tested with each of the 4 related to known gold zones. The remaining 11 geophysical anomalies have either not been adequately tested or tested at all. A summary of the anomalies is presented in Table 1. Testing of these geophysical anomalies is planned to begin in 1H, 2020.Jared Scharf, Desert Gold's CEO comments \"This newly evaluated geophysical data, further emphasises the potential of the SMSZ Project. We are defining new targets in a great structural setting, in generally, laterite and/or overburden-covered areas, that would not have been picked up by conventional soil sampling and mapping. As well, most, if not all of these anomalies are of sufficient scale for the discovery of a new, significant, gold deposit.\"Figure 1 Property Scale Compilation Map*To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4954/51956_d8f226e824abdbd4_001full.jpg*All gold grades ...