Desert Gold Ventures Inc. (TSXV: DAU, FSE: QXR2, OTC: DAUGF) recently published results from its 3,892-meter Phase 2 exploration drill program at the SMSZ Project in Mali, West Africa. The company continues to impress with strategic drilling that has unveiled promising gold mineralization across multiple zones. Key findings include 3.81 g/t Au over 2.7 m at Mogoyafara South and 6.35 g/t Au over 9.5 m at Frikidi, showcasing the project's potential.
Desert Gold's consistent exploration success is a testament to its commitment to understanding the SMSZ Project's geology, targeting high-grade gold mineralization. With an inferred mineral resource of 412,800 ounces grading 1.05 g/t Au at Mogoyafara South, the company is on track to meet its goal of exceeding 2 million ounces of gold.
As a 'boring but lucrative' investor, I appreciate Desert Gold's stable growth and predictable performance. The company's dedication to geological understanding and strategic exploration, coupled with the SMSZ Project's significant potential, makes it an exciting investment opportunity in the under-owned gold sector. Keep an eye on Desert Gold as it continues to unearth Mali's hidden gold reserves.
Desert Gold's Phase 2 drill program has not only extended known mineralization but also discovered new lenses and zones, such as the 'New Zone' that returned 3.35 g/t Au over 3 m. These findings highlight the company's ability to target and identify high-grade gold mineralization, contributing to the overall resource base.
In the context of 'boring but lucrative' investments, Desert Gold's consistent exploration efforts and the potential for a tier 1 gold deposit make it an attractive opportunity. As a company focused on steady growth and predictable performance, it aligns with the investor's preference for stability and predictability over excitement. Although the results of the Phase 2 drill program are encouraging, it is essential to remain patient and monitor the company's progress as it works towards its larger goal of developing a tier 1 gold deposit.
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