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Desert Gold Provides Exploration Update in Western Mali
Delta, British Columbia--(Newsfile Corp. - August 4, 2020) - Desert Gold Ventures Inc. (TS...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold Provides Exploration Update in Western MaliDelta, British Columbia--(Newsfile Corp. - August 4, 2020) - Desert Gold Ventures Inc. (TSX.V: DAU, FF: QXR2, OTC: DAUGF) (\"Desert Gold\" or \"the Company\") is pleased to announce that it has completed its planned exploration program over its 410 km2 SMSZ Property in Western Mali. In total, 4 core holes, 13 RC holes and 34 AC holes were completed for a total of 3,759.5 metres. As well, 1,065 auger holes were drilled totalling 9,557 metres. Assay results are pending.The SMSZ Project is both named after and overlies a 38 km section of the Senegal Mali Shear Zone (see Figures 1. and 2.), which is related to 5 large mines located to the north and south, along strike, including B2 Gold's Fekola Mine, Barrick's Gounkoto and Loulo Mines and AngloGold Ashanti/Iamgold's Sadiola and Yatela Mines1. To the Company's knowledge, its SMSZ Project is the largest, contiguous, non-producer land package over this very prospective structural feature. Desert Gold's CEO Jared Scharf commented \"I am very pleased our team was able to complete the planned drill program and a bit more, before the annual rainy season set in and made exploration impractical. All samples have been delivered to the laboratory. We are looking forward to the results, which we believe will continue to demonstrate the value of this large sized, well situated, exploration property.\"SMSZ Project Exploration Update DetailsDesert Gold's planned SMSZ exploration program was successfully completed on Jul 29. In total, 4 core holes, 13 RC holes and 34 AC holes were completed for a total of 3,759.5 metres. As well, 1,065 auger holes were drilled for 9,557 metres. Assay results are expected in August.Gourbassi East and West Zone DrillingIn detail, 3 core holes totalling 676.5 metres and 12 RC holes totalling 1136 metres were drilled over the Gourbassi East and West Zones. Core and RC holes were designed to target extensions to know mineralization, including follow-up of an at-surface intercept of 3.52 g/t gold over 33 metres (estimated 28 metres true thickness) and to validate an updated interpretation of the mineralized zones. For the most part, sericite- and silica-altered and pyrite-mineralized zones were intersected where expected. This type of sulphide mineralization has returned gold values in previous holes, however, there...