공시 • Jun 02
Desert Gold Ventures Inc. Presents New Gold-In-Auger and Gold-In-Soil Exploration Targets on SMSZ Project
Desert Gold Ventures Inc. presented new gold-in-auger and gold-in-soil exploration targets on its SMSZ Project. Strong gold-in-auger anomaly discovered north, along trend, of the Gourbassi West Deposit with auger values of 1,937, 1,736, 581, 570 and 460 ppb gold, on three separate, 500 metre-spaced lines. northernmost gold-in-auger anomaly, located 1.8 km north of the Gourbassi West Deposit. Combined with the Gourbassi West deposit, the zone of high perspectivity is now 3 km long Seven new gold-in-soil anomalies, up to 2.4 km long, have been discovered to the north of the Gourbassi West Zone. Gold-in-soil values range up to 9,394 ppb gold New gold zone discovered with a grab sample returning 8.95 g/t gold. Associated with new 800 m long, northwest-trending, gold-in-soil anomaly trend. Summary results from 64 auger holes and 6,028 soil samples are presented in this release (see Figure 3). All of the samples were collected over the two westernmost concessions of the SMSZ Project. Three, 500 to 550 metre long lines of 25-metre spaced auger holes, on lines 500 metres apart, were completed along the projected northern strike extent of the Gourbassi West Zone, in an area of weak soil anomalies and thin (3-5 metres at anomalous sample sites) laterite cover. Highly anomalous gold-in-auger values of 1,937, 1,736 and 460 ppb gold, were
returned on three separate lines with northernmost gold-in-auger anomaly, located 1.8 km north of the modelled Gourbassi West Deposit. In addition to these anomalous high points, auger data indicates weak to strongly nomalous gold values, in adjacent holes. These anomalies will be tested during the current program and, due to their highly anomalous values and location along trend, demonstrate good potential to extend the Gourbassi West Gold zone to the north. A total of 6,028 soil samples were collected over three areas to the north and west of the Gourbassi gold zones. These areas, to the best of the Companies' knowledge, never been systematically explored. While collecting the samples, several new artisanal mining areas were discovered, one of which, returned a gold value of 8.95 g/t gold, from a grab sample. As well, new gold-in-soil results indicate seven new trends of anomalous gold in soils with the longest trend extending for approximately 2.4 km and the best gold-in-soil value returning 9,384 ppb gold. The interpreted gold anomalies appear to be aligned along northerly and northwesterly trends, which is consistent to the airborne tilt-angle magnetic data. Mapping of the area indicates a mix if sandstone/greywacke, ironstones, hydrothermal breccias and large areas of thin to thick laterite cover. Auger drilling may be required to validate the soil anomalies in laterite-covered areas. Drilling - 59% complete. Drilling pace has again picked up after a series of breakdowns with 11,788 metres drilled to date. A 2nd AC drill rig is due to arrive on site in June to speed up the drill program and follow up on new auger targets. Assay turnaround has increased from 3 to 8 weeks due to high sample volumes at the lab 9,764 sample assays pending 4,724 metres AC, 5,513 metres RC, 1,551 metres of DD/RCD completed to continue to trace gold mineralization from Barani East northeast to Soa and south to The 2021 drill holes are designed to follow-up on Gourbassi West, Gourbassi East and Barani East Zones, eniegoulou, follow up drill testing at Gourbassi NE, Goubassi SE, Berola, Frikidi, KE, Komana and anakoto zones and to test newly developed gold-in-auger targets. Auger Drilling - 107 % complete esting for gold mineralization along thinly-covered laterite, and/or, not yet evaluated, regional scale structures 21,111 metres drilling in 2,262 holes completed Program deemed very successful with more metres drilled than originally planned Assays for 1,070 auger samples pending
IP Geophysical Surveys - 121% complete 90.8-line kilometres completed Historic and new IP data have been merged with new targets identified Historic drilling and shows over 90% correlation to IP targets Soil Sampling - 110 % complete with 7,703 samples collected ested 3 areas comprising ~100 km2, that had not been soil sampled, mapped or drilled 2.4 km gold trend and a best gold-in-soil value returning 9,384 ppb gold Program deemed a success as several new areas of gold anomalism were discovered including a new Underway with approximately 45% of the property still requiring mapping and prospecting Mapping and prospecting ongoing Community Support Program in progress Medical and school supplies to be donated to 9 communities in the SMSZ Project region Complete a 43-101 compliant report in Q4, 2021.