TSX-V: DAU

TSXV: DAU

Market Price: $0.08
| Gold

: XAU/USD

Market Price: $2,698.90

The SMSZ Project

Desert Gold's flagship SMSZ Project 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 410km2 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.

Mali map

Barani West Drill Plan

Exploration Targets

Gourbassi West

Northerly-trending shear zone hosted by intermediate volcanics, silicified hydrothermal breccias and ‘Tarkwa-type’ quartz clast conglomerates, immediately
to the east of north-northeast trending,
likely structural, geological contact.

Best Drill hole intercepts to 3.52 g/t Au
over 33 metres (estimated 28 metres
true thickness)

The Gourbassi West Zone consists of five, north-trending lenses of gold mineralization that have been traced for approximately 1,000 metres along strike and to 140 metres depth.

Hydrothermal breccias continue for at least 1,100 metres to the north of the Gourbassi West Zone, where weak to moderate strength, gold-in-soil anomalies to 170 ppb gold, have been noted.

Induced polarization (IP) resistivity high anomalies correlate quite well with the mineralized zones, which are generally silicified, sericitic and pyritic. Several, nearby, untested IP resistivity highs will be evaluated as exploration targets.

12 holes totalling 1,590 metres, are planned for early 2021 to follow up on previous intercepts and test conceptual targets. Additional holes will be completed, pending results.