Desert Gold's Trench and Prospecting Results: A Beacon of Opportunity for Resource Expansion

Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) has recently announced trench and prospecting data for the Mogoyafara South and Linnguekoto West gold deposits, highlighting significant potential for resource expansion. The Company's exploration activities in the gold-rich basin of West African Mali have yielded promising results, with estimated gold resources at these two zones comprising Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t gold1.

Highlights from the recently discovered trench and prospecting data include:

1. Mogoyafara South Deposit Area ("MS")
* 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, 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, 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 drilling
* Prospecting 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)
2. Linnguekoto West Deposit Area ("LW")
* 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 Au
- 800 m south of LW resource pit area - 8.8 g/t Au and 10.45 g/t Au
- 1325 m to 1475 m of LW resource pit area - 14.8 g/t Au, 13.35 g/t Au, 9.43 g/t Au
- 2,000 m south of LW resource pit area - 9.69 g/t Au
- 2,250 m south-southwest LW resource pit area - 5.42 g/t Au

The Company's CEO, Jared Scharf, commented on the newly discovered exploration data, stating, "The 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."

The trench and prospecting results have the potential to significantly impact the current resource estimates for Mogoyafara South and Linnguekoto West. The high-grade grab samples, particularly those from the Mogoyafara South Deposit area, support the potential for new gold zones and resource expansion. The combination of intersecting structures, strong alteration, and higher grades than average defines a relatively untested high-priority exploration target area. The potential for new gold zone discoveries is also supported by gold-bearing grab samples collected from areas where no drilling has been carried out. In conclusion, both the trench and grab sample data indicate that there is a high potential that additional drilling will add to the mineral resources in the MS area.

The exploration program at the SMSZ Project is ongoing, with the Company launching a preliminary economic assessment (PEA) in 2024. The PEA is expected to outline the potential lifespan, production capacity, and initial investment requirements for a future gold mine at the project. The SMSZ Project is surrounded by major gold producers, including Barrick Gold Corp., Resolute Mining Ltd., and B2Gold Inc., which further enhances its potential.

The Company's new corporate website includes new features, such as an interactive map showcasing the SMSZ Project's location and major deposits in Western Mali and Eastern Senegal. This visualization component helps investors better understand the project's strategic position within the region's gold-rich basin.

In conclusion, Desert Gold's trench and prospecting results showcase opportunities for resource expansion at the Mogoyafara South and Linnguekoto West gold deposits. The Company's exploration program at the SMSZ Project continues to yield promising results, with the potential for new gold zones and resource expansion supported by the high-grade grab samples. As the exploration program progresses, investors should closely monitor Desert Gold's developments, as the Company aims to expand its mineral resources and potentially develop a stand-alone Tier 1 gold deposit(s) in the highly prospective Senegal Mali Shear Zone.

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