Desert Gold Commences 4,250 Meter RC Drill Program at Key SMSZ Project Targets

About this update from Desert Gold Ventures Inc.

Surrey, British Columbia--(Newsfile Corp. - April 27, 2026) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the commencement of Phase 1 reverse circulation ("RC") drill program at its SMSZ Project in Western Mali. The program will comprise of approximately 4,250 metres of RC drilling across five priority targets: Koussili, Gourbassi West North ("GWN"), Mogoyafara South, Kolon-Soa and the Barani Gap (Figure 1). The program is designed to expand known mineralization, test strike and depth extensions, and evaluate structurally favorable zones for higher grade mineralization, while advancing near-mine resource growth in proximity to the planned Barani East oxide gold mine. This drill program is anticipated to be completed in H1 of this year.Jared Scharf, President and CEO of Desert Gold, commented "We are delighted to kick off the 2026 drill program at our SMSZ project. This phase of drilling will focus on five areas; three of which already contain gold resources where we plan to test to depth and down plunge for extensions to existing gold lenses. We also plan to step out along strike with an aim to materially expand the scope of these gold systems. The other two target areas have seen only limited drilling to date and represent the potential for new discoveries and additional gold resources." Table 1. Phase 1 RC Drill Program SummaryZone/ProspectPlannedHolesPlannedMetresAvg. HoleDepth (m)Primary ObjectiveKoussili1890050Test down dip and strike extension of an auger androck defined anomalies along the northern extension ofthe GWN corridorGourbassi WestNorth81,190149Validate historical drilling and test down-dip and alongstrike extensionsMogoyafaraSouth5825165Test interpreted down-plunge ore shoots, assessmineralization structural control within the resource areaBarani Gap654591Test mineralization continuity, thickness and downplunge and evaluate western parallel structure fornear-mine resource growthKolon-Soa979088Test structurally controlled gold mineralization within amulti-fractured intrusive Total464,250-Resource growth, down dip and strike extensionvalidation, and near mine opportunity advancementFigure 1. Overview map of SMSZ Project with drilling areas of interest (red annotated squares)RC Drill Program Technical Overview and DetailsKoussili TargetAt Koussili, located ~4.5 km north-no...

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