Desert Gold Acquires Two Significant Gold Zones on Contiguous Permit at SMSZ Project; Mali, West Africa

About this update from Desert Gold Ventures Inc.

Desert Gold Acquires Two Significant Gold Zones on Contiguous Permit at SMSZ Project; Mali, West AfricaIntercepts to 16.03 g/t Gold over 7 metres* and 2.04 g/t Gold over 41 metres**Delta, British Columbia--(Newsfile Corp. - September 2, 2021) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce that it has acquired the 30.6 km2 Kolomba Permit, which is contiguous to the Company's SMSZ Project. This acquisition is highlighted by two gold zones that are open to depth and along strike with highlighted drill intercepts to 16.03 g/t gold over 7 metres*, 7.78 g/t gold over 19 metres* and 3.51 g/t gold over 29 metres* at the Linguekoto West Zone and 2.04 g/t gold over 41 metres**, 20.87 g/t gold over 6 metres** and 1.40 g/t gold over 55 metres** at the Mogoyafara South Zone (see Figure 2). Both zones have the potential to add additional mineral resources to the SMSZ Project in the near term. Modelling of these zones is underway with drill testing projected to commence in early Q1, 2022 concurrently with geological mapping and IP and magnetic geophysical surveys.Desert Gold's President and CEO, Jared Scharf, commented, "The addition of the Kolomba property aligns perfectly with our strategy of acquiring high quality, underexplored gold prospects situated along the Senegal Mali Shear Zone. Given the strategic location of the Kolomba permit and the quality of the exploration targets that lie within its boundaries, Kolomba will be a high priority target area for our upcoming exploration season. It's interesting to note that the last time this property was worked on in 2003, the price of gold averaged US $363 an ounce!"The 440 km2 SMSZ Project is both named after and overlies a now larger, 43 km long section of the Senegal Mali Shear Zone (the "SMSZ"). The SMSZ 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 Allied Gold's Sadiola and Yatela Mines1. To the Company's knowledge, the SMSZ Project is the largest, contiguous, non-producer land package over this highly prospective structural feature (see Figure 1.).The Company's goal is to discover a tier 1 gold deposit associated with the regional-scale, gold-bearing structural zones that pass through the SMSZ Project. Exploration at the SMSZ Project has discovered...

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