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Desert Gold Ventures Inc. (V:DAU)

Business Focus: Gold Mining

May 26, 2020 07:00 am ET
Desert Gold Starts Phase 2 Drill Program At SMSZ Project, West Mali
Follow-up of 3.52 g/t Gold over 33 Metres(2) and 6.26 g/t Gold over 13 Metres(3)
May 07, 2020 09:03 pm ET
Desert Gold Receives Final TSXV Approval to Close Oversubscribed Financing
Delta, British Columbia--(Newsfile Corp. - May 7, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to announce that it has received final TSXV approval to close its previously announced CAD $500,000 non-brokered private placement (the "Financing) The Company raised CAD $1,283,000 through the sale of 16,037,500 Units. Securities issued as a result of closing of the Financing will be subject to a statutory hold period of four months from closing.
Apr 27, 2020 07:30 am ET
Desert Gold Closes Oversubscribed Financing and Provides Exploration Guidance
Delta, British Columbia--(Newsfile Corp. - April 27, 2020) -  Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC PINK: DAUGF) (the "Company") is pleased to announce that it has closed its previously CAD $500,000 non-brokered private placement (the "Financing) The Company raised CAD $1,283,000 through the sale of 16,037,500 Units. Securities issued as a result of closing of the Financing will be subject to a statutory hold period.
Apr 14, 2020 08:00 am ET
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - April 14, 2020) -  Desert Gold Ventures Inc. (TSXV: DAU) FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 6,250,000 units at a price of CAD $0.08 per unit (the "Unit") to raise up to CAD $500,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one half common share purchase warrant (the "Warrant"). Each full Warrant entitles the holder to purchase one additional common share of the Company at a price of CAD $0.15 per common share for a period of three (3) years from the closing of the Financing.
Apr 13, 2020 08:00 am ET
Desert Gold Options Non-core Djimbala Property in Southern Mali to Indigo
Delta, British Columbia--(Newsfile Corp. - April 13, 2020) - Desert Gold Ventures (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") announces that it has signed an Option Agreement with Indigo Exploration Inc. for a 100% interest in its 100 square kilometre Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird's 0.7 million oz Au Komana gold mine1, 21 kilometres north, along strike, of the Kodieran Mine and 28 kilometres north, along strike, from Endeavour's high grade 3.3 million oz Au Kalana gold project2.
Mar 11, 2020 04:07 pm ET
Desert Gold Postpones Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - March 11, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") announces that due to the current market volatility, the Company has decided to postpone its previously announced private placement. All subscription agreements and funds received to date will be returned to those subscribers. The Company will revisit its funding plans once some degree of normalcy returns to the markets.
Feb 26, 2020 08:00 am ET
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - February 26, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 16,666,667 units at a price of CAD $0.15 per unit (the "Unit") to raise up to CAD $2,500,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one common share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of CAD $0.25 per common share for a period of two (2) years from the closing of the Financing.
Feb 24, 2020 08:00 am ET
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. (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.
Jan 30, 2020 05:30 am ET
Desert Gold Outlines New Exploration Targets Proximal to the Senegal Mali Shear Zone
Delta, British Columbia--(Newsfile Corp. - January 30, 2020) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to present, recently acquired and reviewed, geophysical data over the Company's SMSZ Project in Western Mali, near the border with Senegal.
Jan 29, 2020 05:30 am ET
Desert Gold Completes Initial 72 Hole Drill Program
Assay Results Expected in the Next Two to Four Weeks
Nov 12, 2019 05:00 am ET
Desert Gold Starts 2019-2020 Exploration Program
Delta, British Columbia--(Newsfile Corp. - November 12, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce the commencement of its exploration program over the Company's SMSZ Project in Western Mali, near the border with Senegal. The 407 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 Sadiola and Yatela Mines1. To the Company's knowledge, the SMSZ Project is the largest, contiguous, non-producer land package over this very prospective structural feature (see Figure 1).
Oct 24, 2019 06:00 am ET
Desert Gold Outlines 2019-2020 Exploration Plan
Delta, British Columbia--(Newsfile Corp. - October 24, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to present its project development plans for the Q4, 2019 to Q3, 2020 exploration season for its Senegal Mali Shear Zone Project (the "SMSZ Project").
Oct 03, 2019 07:58 pm ET
Desert Gold Grants Incentive Stock Options
Delta, British Columbia--(Newsfile Corp. - October 3, 2019) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") is pleased to announce that it has granted a total of 2,925,000 incentive stock options to certain employees, consultants, directors and officers pursuant to the Company's stock option plan. The options are exercisable at CAD $0.16 per share and expire five (5) years from the date of grant.
Oct 01, 2019 07:00 am ET
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. (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.
Sep 24, 2019 06:19 pm ET
Desert Gold Expands Senegal Mali Shear Zone Project
Delta, British Columbia--(Newsfile Corp. - September 24, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the Company has secured the right to acquire a 95% interest in the Linguekoto Concession, which is contiguous to the Company's flagship Senegal Mali Shear Zone gold project (the "SMSZ Project") in Western Mali.
Aug 28, 2019 08:00 am ET
Desert Gold Acquires Strategic Land Package from Altus Strategies PLC
Delta, British Columbia--(Newsfile Corp. - August 28, 2019) -  Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company")  is pleased to announce that the Company has entered into an agreement (the "Agreement") with AIM and TSXV co-listed Altus Strategies PLC ("Altus"), to acquire Altus' Sebessounkoto Sud and Djelimangara gold projects ("Project") which are contiguous to the Company's Senegal Mali Shear Zone Project located in western Mali.
Aug 22, 2019 08:00 am ET
Desert Gold Completes Acquisition of Ashanti Gold Corp.
Delta, British Columbia--(Newsfile Corp. - August 22, 2019) - DESERT GOLD VENTURES INC. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or the "Company") is pleased to announce it has closed its business combination with Ashanti Gold Corp ("Ashanti"). Each shareholder of Ashanti will receive 0.2857 Desert Gold shares for each Ashanti share held. Approximately 21,097,657 Desert Gold Shares were issued to Ashanti shareholders. Ashanti continues as a wholly owned subsidiary of the Company. Ashanti shareholders will receive their Desert Gold shares on a push out basis.
Aug 21, 2019 07:30 am ET
Early Warning News Release
Capital Drilling Limited (CAPD:LON) ("Capital") announces that it has filed an early warning report in respect of its holdings in Desert Gold Ventures Inc. (the “Company”) (TSX.V: DAU, FF: QXR2, OTC: DAUGF). On July 25, 2019, Capital, acquired, by...
Jul 25, 2019 08:00 am ET
Desert Gold Closes $3.5 Million Oversubscribed Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - July 25, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC: DAUGF) (the "Company") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement (the "Financing"). In the First Tranche the Company raised proceeds of $1,713,587 through the sale of 10,709,916 Units. This second and final tranche raised $1,789,980 through the sale of a further 11,243,627 Units. Securities issued as a result of closing of this final tranche will be subject to a statutory hold period. In connection with closing this second and final tranche, the Company will pay finders' fees of $64,274 and issue 1,016,102 non-transferable brokers warrants (a "Broker Warrant"). Each Broker Warrant entitles the holder to purchase one common share of the Company at a price of $0.18 for a period of two (2) years. For the combined tranches, the Company raised a total of $3,503,567 with the Financing oversubscribed by $1,003,567.
Jul 24, 2019 08:00 am ET
Desert Gold Earns an Initial 55% Interest in 104km2 Western Mali Land Package
Delta, British Columbia--(Newsfile Corp. - July 24, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that further to its press release dated May 7, 2019, the Company has exercised its option to earn an initial 55% controlling interest relating to an option agreement with Mineral Management Consulting ("MMC") to acquire a 100% interest in two properties, contiguous and proximal to the Company's flagship Senegal Mali Shear Zone Project (the "SMSZ Project") in Western Mali. MMC is a private company located in Bamako, Mali, involved in the acquisition and exploration of mineral properties. The MMC property acquisition is another step in Desert's Gold's regional strategic plan (see Figure 1).
Jul 08, 2019 09:46 am ET
Desert Gold Provides Exploration Update on Senegal Mali Shear Zone Project
Delta, British Columbia--(Newsfile Corp. - July 8, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to provide an update regarding the ongoing exploration program at the Company's Senegal Mali Shear Zone Project ("SMSZ Project") in Western Mali.
Jun 19, 2019 07:50 am ET
Desert Gold Closes First Tranche of Non-Brokered Private Placement and Provides Exploration Update
Delta, British Columbia--(Newsfile Corp. - June 19, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) (the "Company") is pleased to announce that it has closed a first tranche (the "First Tranche") of its non-brokered private placement of up to 15,625,000 units at a price of CDN $0.16 per unit (the "Unit") to raise up to an aggregate of CDN $2,500,000 (the "Financing"). In the First Tranche the Company has raised proceeds of $1,713,586.58 through the sale of 10,709,916 Units. Securities issued as a result of closing of this first tranche will be subject to a statutory hold period. In connection with closing the First Tranche, the Company paid finder's fees of $36,785 and issued 229,897 non-transferable brokers warrants.
May 30, 2019 08:00 am ET
Mali, West Africa; Desert Gold Secures its 100% Owned Djimbala Gold Exploration Permit for 7-Year Term
Delta, British Columbia--(Newsfile Corp. - May 30, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) ("Desert Gold" or "the Company") is pleased to announce that it has successfully renewed its 100% owned Djimbala permit for an initial 3-year term. Furthermore, the license grants Desert Gold the option to renew the permit for two additional 2-year terms giving the Company control of Djimbala until May 2026.
May 23, 2019 08:00 am ET
Desert Gold Announces Non-Brokered Private Placement
Delta, British Columbia--(Newsfile Corp. - May 23, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") announces that, subject to exchange approval, it will conduct a non-brokered private placement of up to 15,625,000 units at a price of CDN $0.16 per unit (the "Unit") to raise up to an aggregate of up to CDN $2,500,000 (the "Financing"). Each Unit will consist of one common share in the equity of the Company and one common share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of CDN $0.24 per common share for a period of two (2) years from the closing of the Financing.
May 14, 2019 08:50 am ET
Ashanti Gold Shareholders Approve Business Combination with Desert Gold
Delta, British Columbia--(Newsfile Corp. - May 14, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC PINK: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the previously disclosed business combination between Ashanti Gold and the Company was approved at yesterday's special meeting of Ashanti Gold shareholders.
May 07, 2019 07:50 am ET
Desert Gold Enters into Option Agreement with MMC
Delta, British Columbia--(Newsfile Corp. - May 7, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the Company has entered into an option agreement with Mineral Management Consulting ("MMC") to acquire a 100% interest in two properties contiguous and proximal to the Company's flagship Farabantourou gold project in Western Mali. MMC is a private company located in Bamako, Mali, involved in the acquisition and exploration of mineral properties. The MMC property acquisition is another step in Desert's Gold's regional strategic plan (see Figure 1).
May 01, 2019 08:00 am ET
Desert Gold Appoints Don Dudek PGeo as Principle Technical Consultant
Delta, British Columbia--(Newsfile Corp. - May 1, 2019) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTC Pink: DAUGF) ("Desert Gold" or "the Company") is pleased to announce the appointment of Mr. Don Dudek as Principle Technical Consultant. Mr. Dudek's role will be to guide corporate technical strategy including M&A, land acquisition and exploration strategy and oversight of all exploration programs.
Apr 01, 2019 08:00 am ET
Ashanti Gold and Desert Gold Announce Definitive Combination Agreement
Ashanti Gold Corp. (“Ashanti” or the “Company”) - (TSXV: AGZ) and Desert Gold Ventures Inc. (TSXV: DAU) (“Desert Gold”) are pleased to announce that they have entered into a definitive combination agreement (the “Definitive Agreement”) to which...
Mar 11, 2019 07:50 am ET
Ashanti Gold and Desert Gold Announce Binding Letter of Intent for the Acquisition of Ashanti Gold by Desert Gold
Ashanti Gold Corp. (“Ashanti” or the “Company”) - (TSXV: AGZ) and Desert Gold Ventures Inc. (TSXV: DAU) (“Desert Gold”) are pleased to announce they have entered into a binding letter of intent (the “LOI”) contemplating the acquisition by Desert...
Jul 30, 2018 08:50 am ET
Jun 12, 2018 04:34 pm ET
Desert Gold Announces Shareholder Elections
TSX.V: DAUFrankfurt: QXR2OTC: DAUGF
May 25, 2018 10:43 am ET
Desert Gold Closes Non-Brokered Private Placement
TSX.V: DAUFrankfurt: QXR2OTC: DAUGF
Apr 26, 2018 02:38 pm ET
Feb 15, 2018 08:30 am ET
Feb 01, 2018 07:50 am ET
Jan 08, 2018 05:06 pm ET
Desert Gold Announces Non-Brokered Private Placement
TSX.V: DAUFrankfurt: QXR2OTC: DAUGF
Nov 29, 2017 07:59 am ET
Nov 14, 2017 10:40 am ET
Desert Gold Begins Drill Program at its Segala West Permit in Western Mali
Targets Include Untested Artisanal Mining Zones at Three Sites That Returned Grab Samples in Excess of 30 g/t Au per tonne and a Conceptual Granite-Hosted Target
Nov 07, 2017 02:52 pm ET
Desert Gold Grants Incentive Stock Options
TSX.V: DAUFrankfurt: QXR2 OTC: DAUGF
Oct 11, 2017 09:50 am ET
Desert Gold Closes Second and Final Tranche of Oversubscribed Private Placement
DELTA, BC, Oct. 11, 2017 /CNW/ - DESERT GOLD VENTURES INC. ("Desert Gold" or the "Company") (TSX.V: DAU /FF: QXR2 /OTC: DAUGF) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement (the "Final Tranche") raising aggregate gross proceeds of $340,000 through the issuance of 1,360,000 units (each a "Unit").  Each Unit consists of one common share and one share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of CDN$0.30 per share for a period of five (5) year
Sep 29, 2017 12:48 pm ET
Desert Gold Signs Drilling Contract with Geodrill and Outlines Drilling Program at Segala West; its Highly Prospective Target in Western Mali
DELTA, BC, Sept. 29, 2017 /CNW/ - DESERT GOLD VENTURES INC. ("Desert Gold" or the "Company") (TSX.V: DAU /FF: QXR2 /OTC: DAUGF) is pleased to announce that it has signed a drilling contract with Geodrill Ltd. The contract is for a total of 5,100 meters of drilling comprised of 1,500 meters of diamond drilling ("DD") and 3,600 meters of reverse circulation drilling ("RC"). The program is scheduled to commence in the second half of October 2017 and will target The Company's highly prospective Segala West permit; most notably 4 large artisanal mining operations in the southern area of the permi
Sep 27, 2017 09:33 am ET
Desert Gold Appoints Mr. Réne Branchaud as a Director
TSX.V: DAUFrankfurt: QXR2 OTC: DAUGF
Sep 19, 2017 04:59 pm ET
Desert Gold Closes First Tranche of Private Placement
DELTA, BC, Sept. 19, 2017 /CNW/ - Desert Gold Ventures Inc. (TSX-V symbol: DAU) ("Desert Gold" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising aggregate gross proceeds of $500,000 from Sodinaf International Group Inc. ("Sodinaf") through the issuance of 2,000,000 units (each a "Unit").  Each Unit consists of one common share and one share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of CDN$0.30 per share