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Desert Gold Provides Barani Mine Construction Update

Wed, 16 Sep 2026 05:30:00 -0400

Highlights

Gravity plant and 650kVA generator have been delivered to the Barani Site
Site preparation and civil construction activities are advancing with equipment, construction materials and supporting resources being mobilized to the active work areas
Plant erection and commissioning activities are planned through October, followed by ramp-up and initial processing during November 2026
Water on site confirmed by borehole drilling with final hydrogeological report pending
Initial gold recovery is targeted for fourth quarter of 2026, subject to successful completion of construction, commissioning and ramp-up
No Project-specific security, safety or community incidents have been reported during the Company's 2026 reporting periods to date.

Delta, British Columbia--(Newsfile

Desert Gold Provides Barani Mine Construction Update

Wed, 16 Sep 2026 05:30:00 -0400

Highlights

Gravity plant and 650kVA generator have been delivered to the Barani Site
Site preparation and civil construction activities are advancing with equipment, construction materials and supporting resources being mobilized to the active work areas
Plant erection and commissioning activities are planned through October, followed by ramp-up and initial processing during November 2026
Water on site confirmed by borehole drilling with final hydrogeological report pending
Initial gold recovery is targeted for fourth quarter of 2026, subject to successful completion of construction, commissioning and ramp-up
No Project-specific security, safety or community incidents have been reported during the Company's 2026 reporting periods to date.

Delta, British Columbia--(Newsfile

Desert Gold Provides Barani Mine Construction Update

Wed, 16 Sep 2026 05:30:00 -0400

Highlights

Gravity plant and 650kVA generator have been delivered to the Barani Site
Site preparation and civil construction activities are advancing with equipment, construction materials and supporting resources being mobilized to the active work areas
Plant erection and commissioning activities are planned through October, followed by ramp-up and initial processing during November 2026
Water on site confirmed by borehole drilling with final hydrogeological report pending
Initial gold recovery is targeted for fourth quarter of 2026, subject to successful completion of construction, commissioning and ramp-up
No Project-specific security, safety or community incidents have been reported during the Company's 2026 reporting periods to date.

Delta, British Columbia--(Newsfile

Desert Gold Provides Barani Mine Construction Update

Wed, 16 Sep 2026 05:30:00 -0400

Highlights

Gravity plant and 650kVA generator have been delivered to the Barani Site
Site preparation and civil construction activities are advancing with equipment, construction materials and supporting resources being mobilized to the active work areas
Plant erection and commissioning activities are planned through October, followed by ramp-up and initial processing during November 2026
Water on site confirmed by borehole drilling with final hydrogeological report pending
Initial gold recovery is targeted for fourth quarter of 2026, subject to successful completion of construction, commissioning and ramp-up
No Project-specific security, safety or community incidents have been reported during the Company's 2026 reporting periods to date.

Delta, British Columbia--(Newsfile

Desert Gold Advances Barani Gravity Plant Installation and Confirms July 19th, 2026 Commissioning Target at SMSZ Project, Western Mali

Tue, 05 May 2026 05:30:00 -0400

Delta, British Columbia--(Newsfile Corp. - May 5, 2026) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to provide an update on development activities at its Barani East site gravity plant and associated site infrastructure within the Company's 100% owned Senegal Mali Shear Zone ("SMSZ") Gold Project in western Mali.

Updated Ground Developments at Barani

Development activities at Barani are now advancing, transitioning from initial mobilization into active enabling works. During this period, the Company completed broad-scale site clearing, surveying, initial foundation excavation, and ancillary infrastructure preparation, significantly improving overall site readiness ahead of plant delivery (Figure 1).

Desert Gold Advances Barani Gravity Plant Installation and Confirms July 19th, 2026 Commissioning Target at SMSZ Project, Western Mali

Tue, 05 May 2026 05:30:00 -0400

Updated Ground Developments at Barani

Desert Gold Commences 4,250 Meter RC Drill Program at Key SMSZ Project Targets

Mon, 27 Apr 2026 05:30:00 -0400

Surrey, British Columbia--(Newsfile Corp. - April 27, 2026) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the commencement of Phase 1 reverse circulation ("RC") drill program at its SMSZ Project in Western Mali. The program will comprise of approximately 4,250 metres of RC drilling across five priority targets: Koussili, Gourbassi West North ("GWN"), Mogoyafara South, Kolon-Soa and the Barani Gap (Figure 1).

The program is designed to expand known mineralization, test strike and depth extensions, and evaluate structurally favorable zones for higher grade mineralization, while advancing near-mine resource growth in proximity to the

Desert Gold Commences 4,250 Meter RC Drill Program at Key SMSZ Project Targets

Mon, 27 Apr 2026 05:30:00 -0400

Desert Gold Provides Update on Barani East Gold Project Site Development Activities

Wed, 11 Feb 2026 05:30:00 -0400

Surrey, British Columbia--(Newsfile Corp. - February 11, 2026) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to provide an update regarding ongoing development activities at its fully permitted Barani East gold project in western Mali.

As outlined in prior news releases and supported by the Company's updated Preliminary Economic Assessment ("PEA"), the Company is advancing the Barani East gold project through a staged approach focused on infrastructure readiness, risk reduction and disciplined capital deployment. In line with this approach, the Company has initiated a series of site preparations and infrastructure works that will be

Desert Gold Provides Update on Barani East Gold Project Site Development Activities

Wed, 11 Feb 2026 05:30:00 -0400

Desert Gold Delivers PEA Update for SMSZ Project with USD $61 Million After-Tax NPV (10%) and 57% IRR at USD $2,850/oz Gold for Barani and Gourbassi Deposits in West Mali

Tue, 25 Nov 2025 05:30:00 -0400

Delta, British Columbia--(Newsfile Corp. - November 25, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or the "Company") is pleased to announce the results of its newly updated Preliminary Economic Assessment ("PEA") for the Barani and Gourbassi deposits, located on its 100%-owned SMSZ Gold Project in western Mali.

The updated PEA outlines the open-pit oxide mining operation with the addition of the Gourbassi East Deposit with projected increase in production from 18,000 tonnes per month to approximately 36,000 tonnes per month (or 432,000 tonnes per annum at steady state) over a mine life of

Desert Gold Delivers PEA Update for SMSZ Project with USD $61 Million After-Tax NPV (10%) and 57% IRR at USD $2,850/oz Gold for Barani and Gourbassi Deposits in West Mali

Tue, 25 Nov 2025 05:30:00 -0400

Desert Gold outlines $535,000 exploration plan for Ivory Coast project

Fri, 19 Sep 2025 05:32:20 -0400

Desert Gold Ventures Inc. (TSXV: DAU) announced exploration plans for its 297 square kilometer Tiegba gold project in Ivory Coast. The company will conduct a Phase 1 exploration program with a total budget of $535,000.

The exploration program will include surface work such as geological mapping and soil sampling, followed by drone-based magnetic surveys and air core drilling. Desert Gold plans to collect approximately 3,500 soil samples and 500 rock samples during the initial phase.

CEO Jared Scharf stated the program aims to "drill test the main gold anomaly along the north-east trending shear corridor while other surface exploration work will focus

Desert Gold Outlines Phase 1 Exploration Plans at its Tiegba Gold Project in Ivory Coast

Fri, 19 Sep 2025 05:30:00 -0400

Delta, British Columbia--(Newsfile Corp. - September 19, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce its upcoming exploration plans at its recently acquired 297km² Tiegba gold project located in Ivory Coast. Phase 1 exploration will combine surface work, including mapping and geochemistry, and high resolution drone aeromagnetic survey along with wide spaced air core drilling.

Desert Gold's CEO Jared Scharf commented "We're very excited to get back on the ground and start work at the Tiegba gold project. Based on historic data and what we saw on the ground during our due

Desert Gold Outlines Phase 1 Exploration Plans at its Tiegba Gold Project in Ivory Coast

Fri, 19 Sep 2025 05:30:00 -0400

Desert Gold's CEO Jared Scharf commented "We're very excited to get back on the ground and start work at the Tiegba gold project. Based on historic data and what we saw on the ground during our due

Desert Gold Delivers Positive PEA for SMSZ Project with USD $24M After-Tax NPV (10%) and 34% IRR at USD $2,500/oz Gold for Barani and Gourbassi Deposits in Mali

Thu, 07 Aug 2025 05:30:00 -0400

Delta, British Columbia--(Newsfile Corp. - August 7, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or the "Company") is pleased to announce the results of its maiden Preliminary Economic Assessment ("PEA") for the Barani and Gourbassi deposits, located on its 100%-owned SMSZ Gold Project in western Mali.

The PEA outlines a low-capex, open-pit oxide mining operation, with projected production of approximately 18,300 tonnes per month (or 220,000 tonnes per annum at steady state) over a mine life exceeding 17 years. The study was completed by Minxcon, with technical work and cost estimation exceeding the minimum

Desert Gold Delivers Positive PEA for SMSZ Project with USD $24M After-Tax NPV (10%) and 34% IRR at USD $2,500/oz Gold for Barani and Gourbassi Deposits in Mali

Thu, 07 Aug 2025 05:30:00 -0400

Desert Gold Signs Option Agreement on 297 Square Kilometre Tiegba Gold Project in Ivory Coast

Mon, 23 Jun 2025 05:30:00 -0400

Delta, British Columbia--(Newsfile Corp. - June 23, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) ("Desert Gold" or "the Company") is pleased to announce that the Company has entered into an option agreement (the "Agreement") with Flower Holdings SARLU ("Flower") to acquire a 90% interest in the Tiegba Gold Project. Flower is a private company located in Abidjan, Ivory Coast. The signing of the Tiegba option agreement marks a major milestone for the Company as it expands its project portfolio to become a regionally diversified gold explorer and developer in West Africa.

Tiegba Project Highlights

Desert Gold Signs Option Agreement on 297 Square Kilometre Tiegba Gold Project in Ivory Coast

Mon, 23 Jun 2025 05:30:00 -0400

Tiegba Project Highlights

Desert Gold Announces Newly Found Drill Data Provides Exploration and Resource Expansion Opportunities at SMSZ Project

Mon, 03 Feb 2025 05:30:00 -0400

Surrey, British Columbia--(Newsfile Corp. - February 3, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to present newly discovered historic drill data for 49 holes on and proximal to, the Mogoyafara South Deposit and partial data for an additional 29 holes on and proximal to the Linnguekoto West Deposit (see Figure 4. for locations). Together, estimated gold resources at these two zones comprise Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t gold¹.

Highlights*:

Mogoyafara South Deposit Area ("MS") (see Figure 1.)

Drill results^*:

Desert Gold Announces Newly Found Drill Data Provides Exploration and Resource Expansion Opportunities at SMSZ Project

Mon, 03 Feb 2025 05:30:00 -0400

Highlights*:

Mogoyafara South Deposit Area ("MS") (see Figure 1.)

Drill results^*:

Desert Gold Trench and Prospecting Results Showcase Opportunities for Resource Expansion

Wed, 15 Jan 2025 05:30:00 -0400

Surrey, British Columbia--(Newsfile Corp. - January 15, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce recently discovered trench and prospecting data for work carried out from 2010 to 2012, on and proximal to, the Mogoyafara South and Linnguekoto West gold Deposits (see Figure 2 for locations). Together, estimated gold resources at these two zones comprise Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t gold¹.

Highlights*:

Mogoyafara South Deposit Area ("MS") (see Figure 3)

Trenching results:

28 m @ 0.69 g/t Au (edge of resource pit - not modelled)
8 m @ 0.82

Desert Gold Trench and Prospecting Results Showcase Opportunities for Resource Expansion

Wed, 15 Jan 2025 05:30:00 -0400

Surrey, British Columbia--(Newsfile Corp. - January 15, 2025) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce recently discovered trench and prospecting data for work carried out from 2010 to 2012, on and proximal to, the Mogoyafara South and Linnguekoto West gold Deposits (see Figure 2 for locations). Together, estimated gold resources at these two zones comprise Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t gold¹.
Highlights*:
Mogoyafara South Deposit Area ("MS") (see Figure 3)
Trenching results:
28 m @ 0.69 g/t Au (edge of resource pit - not modelled)
8 m @ 0.82

Desert Gold Appoints Diallo Cheick Ousmane to VP Exploration, West Africa

Tue, 24 Dec 2024 05:30:00 -0400

Surrey, British Columbia--(Newsfile Corp. - December 24, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the appointment of Mr. Diallo Cheick Ousmane to the role of Vice President of Exploration, West Africa.
Mr. Diallo is a distinguished mining professional with over 15 years of extensive experience in gold and base metals exploration and production within the prolific Birimian Greenstone Belt in West Africa and the Arabian Shield in Saudi Arabia. His career has spanned several senior roles at leading companies, including Avocet Mining, Centamin, and Acacia/Barrick Gold, where he has made significant

Desert Gold Appoints Diallo Cheick Ousmane to VP Exploration, West Africa

Tue, 24 Dec 2024 05:30:00 -0400

Surrey, British Columbia--(Newsfile Corp. - December 24, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the "Company") is pleased to announce the appointment of Mr. Diallo Cheick Ousmane to the role of Vice President of Exploration, West Africa.
Mr. Diallo is a distinguished mining professional with over 15 years of extensive experience in gold and base metals exploration and production within the prolific Birimian Greenstone Belt in West Africa and the Arabian Shield in Saudi Arabia. His career has spanned several senior roles at leading companies, including Avocet Mining, Centamin, and Acacia/Barrick Gold, where he has made significant