Business
Desert Gold Trench and Prospecting Results Showcase Opportunities for Resource Expansion
Surrey, British Columbia--(Newsfile Corp. - January 15, 2025) - Desert Gold Ventures Inc. (TSXV...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold Trench and Prospecting Results Showcase Opportunities for Resource ExpansionSurrey, British Columbia--(Newsfile Corp. - January 15, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the \"Company\") is pleased to announce recently discovered trench and prospecting data for work carried out from 2010 to 2012, on and proximal to, the Mogoyafara South and Linnguekoto West gold Deposits (see Figure 2 for locations). Together, estimated gold resources at these two zones comprise Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t gold1.Highlights*:Mogoyafara South Deposit Area (\"MS\") (see Figure 3)Trenching results:28 m @ 0.69 g/t Au (edge of resource pit - not modelled)8 m @ 0.82 g/t Au (outside of resource pit)16 m @2.73 g/t Au, 28 m @ 0.72 g/t Au, 29 m @ 2.35 g/t Au and 15 m@ 1.23 g/t Au (edge of resource pit - not modelled)30 m @ 0.45 g/t Au (outside of resource pit)23 m @ 0.48 g/t Au and 11 m @ 0.47 g/t Au (edge of resource pit - not modelled)21 m @ 0.50 g/t Au - new area, not tested by drillingProspecting grab samples - 56.0 g/t Au, 55.6 g/t Au, 45.0 g/t Au, 15.1 g/t Au and 57.0 g/t Au (edge of resource pit, drill and trench testing required)Linneguekoto West Deposit Area (\"LW\") (see Figure 4)Trenching results:16 m @3.15 g/t Au (1,270 m south of LW resource pit)32 m @ 2.4 g/t Au (1,240 m south of LW resource pit)13 m @ 0.50 g/t Au (480 m south of LW resource pit)10 m @ 0.52 g/t Au (590 m south of LW resource pit)Prospecting grab samples:LW resource pit area - 6.0 g/t Au, 1,205 g/t Au, 28.6 g/t Au800 m south of LW resource pit area - 8.8 g/t Au and 10.45 g/t Au1325 m to 1475 m of LW resource pit area - 14.8 g/t Au, 13.35 g/t Au, 9.43 g/t Au2,000 m south of LW resource pit area - 9.69 g/t Au2,250 m south-southwest LW resource pit area - 5.42 g/t Au* True widths have not been determined for the trench resultsCompany CEO Jared Scharf commented, \"The newly discovered exploration data brings additional scope to the two deposit areas by showing opportunities to expand the mineral resources through drilling. Particularly intriguing is a non-modelled area of much higher gold grades at the Mogoyafara South Deposit and evidence of laterite-covered gold zones, south of the Linnguekoto Deposit.\"Technical DataDesert Gold recently located news releases and quarterly reports from Aust...