Business
Desert Gold Reports Drill Results on Its SMSZ Project; Including 23.7 Metres of 1.49 g/t Gold
Delta, British Columbia--(Newsfile Corp. - October 1, 2019) - Desert Gold Ventures Inc. (TSX...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold Reports Drill Results on Its SMSZ Project; Including 23.7 Metres of 1.49 g/t GoldDelta, British Columbia--(Newsfile Corp. - October 1, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (\"Desert Gold\" or \"the Company\") is pleased to announce results from a recently completed drill program carried out on the Farabantorou Concession portion of its SMSZ Project. The SMSZ Project is named after the Senegal Mali Shear Zone (\"SMSZ\"), 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 Sadiola and Yatela Mines. The Barani East Zone control structure intersects the Senegal Mali Shear Zone, a feature in common with most of the large mines in the region.During the period from June 25 to July 31, 2019, 45 holes comprising 4,676.2 metres of drilling were completed consisting of 11 air core holes, 27 RC holes and 7 combined RC/core holes. In addition, 4,857 metres of auger drilling in 645 holes were completed over select areas. Drilling was successful in extending the Barani East Zone to depth and along strike and returning significant drill intercepts from two, previously untested, recently sampled and mapped artisanal mining areas; Frikidi and Linguekoto (see Figure 1). Auger drilling highlighted a number of gold-enriched areas, that require drill testing. A summary of significant results by zone follows with details presented at the end of the release (see Table 1).Summary Results*Barani East1.49 g/t gold over 23.7 metres 4.49 g/t gold over 2.85 metres9.03 g/t gold over 2.0 metres2.74 g/t gold over 2.4 metres1.31 g/t gold over 8.8 metres1.13 g/t gold over 7.45 metres1.39 g/t gold over 6.5 metresFrikidi6.67 g/t gold over 4 metres7.41 g/t gold over 1 metre7.50 g/t gold over 1 metre0.99 g/t gold over 5 metres2.75 g/t gold over 2 metres1.69 g/t gold over 8 metres1.04 g/t gold over 6 metresLinguekoto12.23 g/t gold over 1 metre0.75 g/t gold over 9 metres 1.69 g/t gold over 3 metres* True widths are estimated at 80-90% of drilled widthIn addition to encouraging drill results, drilling has intersected gold-mineralized felsic and mafic intrusions, which suggest that the Barani East and Linguekoto Zones likely have additional potential at depth and along strike and are s...