| Market Price: |
$ 0.08 |
| Market Price: |
$ 3,413 |
26 million oz Au of reserves. Recent new discoveries (Roscan, Oklo, B2’s Mamba deposit). Highly prospective and still underexplored to not explored. Major producers and Developers – Barrick, B2Gold, Endeavour, Allied Gold, Hummingbird, Resolute and BCM
PEA expected in Q2 2025. Oxide Gold production targeted in 2025
VPEx has over 15 years of experience in gold and base metals exploration and production across West Africa’s Birimian greenstone belt and Saudi Arabia’s Arabian Shield. Held senior roles with companies such as Avocet Mining, Centamin, and Acacia/Barrick Gold, contributing to major projects including the discovery of the Houndé Vindaloo deposit and the resource growth of the Inata Gold Mine in Burkina Faso.
Desert Gold’s Senegal Mali Shear Zone (SMSZ) Project spans approximately 440 km² across western Mali, strategically positioned along the prolific Senegal Mali Shear Zone which hosts several multi-million ounce gold mines including Fekola, Gounkoto, and Loulo.
The property has demonstrated significant exploration potential with multiple high-grade gold zones identified through drilling programs, including notable intercepts at the Gourbassi East and West zones as well as the Barani East discovery.
Extensive systematic exploration work including geochemical sampling, geophysical surveys, and over 95,000 meters of drilling has outlined numerous prospective gold targets across the large land package, with many remaining untested.
The project benefits from excellent infrastructure including paved highway access, proximity to power and water sources, and is situated in a mining-friendly jurisdiction with an established framework for mineral development.
Desert Gold’s flagship 440km2 SMSZ Project is located in the country of Mali and overlies a 38 km section of West Africa’s prolific Senegal Mali Shear Zone which is related to 4 tier one gold mines including B2 Gold’s Fekola Mine, Barrick’s Gounkoto and Loulo Mines and Allied Gold’s Sadiola and Yatela Mines.
At 440km2 the Company’s SMSZ Project is one of the largest gold exploration projects in Western Africa. With 20+ open gold zones discovered to date that require follow up and numerous targets yet to be tested, the SMSZ Project has the potential for the discovery of a major gold deposit(s) consistent with the region’s tier 1 gold mines.
Measured and Indicated Mineral Resources:
8.47 million tonnes grading 1.14 g/t gold totaling 310,300 ounces
Inferred Mineral Resources
20.7 million tonnes grading 1.16 g/t gold totaling 769,200 ounces.
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