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Desert Gold's SMSZ Project Defines Several New Areas of Gold Mineralization with Intercepts of 3.03 G/t Gold over 10 Metres and 2.04 G/t Gold over 30 Metres
Delta, British Columbia--(Newsfile Corp. - February 24, 2020) - Desert Gold Ventures Inc. ...
About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold's SMSZ Project Defines Several New Areas of Gold Mineralization with Intercepts of 3.03 G/t Gold over 10 Metres and 2.04 G/t Gold over 30 MetresDelta, British Columbia--(Newsfile Corp. - February 24, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC PINK: DAUGF) (\"Desert Gold\" or \"the Company\") is pleased to present the results of a recently completed, 3,507 metre 74-hole, air core (AC) and reverse circulation (RC) drill program on its 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. Management considers exploration targets within 5 km of the Senegal Mali Shear Zone to be high priority.The Company carried out a 74-hole drill program during the period from late December to early January. The program consisted of 72 AC holes totalling 3,307 meters and 2 RC holes totalling 200 metres. These holes were designed to test five previously untested target areas, with three of the five areas returning new drill intercepts and two of the areas returning significant drill intercepts that will be followed up with additional holes. Intercept details are provided in a table at the end of the news release.A summary of the drill highlights* are as follows (see Figure 2):3.03 g/t gold over 10 metres - Barani Gap3.50 g/t gold over 8 metres - Barani Gap (incl. 10.28 g/t gold over 2 metres)6.35 g/t gold over 2 metres - Barani Gap3.07 g/t gold over 2 metres - Barani Gap1.35 g/t gold over 6 metres - Barani Gap0.57 g/t gold over 7 metres - Barani Gap0.59 g/t gold over 7 metres - Barani Gap2.04 g/t gold over 30 metres - Soa (hole ended in mineralization)2.52 g/t gold over 5 metres - Soa2.34 g/t gold over 5 metres - Soa (hole ended in mineralization)2.03 g/t gold over 5 meters - Soa* Estimated true widths for the Barani Gap holes is from 75 to 85% of the intercept width, estimated true widths for Soa,drill holes are unce...