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Be the first with the news that moves the market- Desert Gold Ventures (DAU) released results from the first RC/core hole drilled to test the Linnguekoto West Deposit
- The Linnguekoto West Zone hosts inferred mineral resources of 66,200 ounces of gold in 1.39 million tonnes of gold mineralization grading 1.48 g/t gold
- One hole returned a best intercept of 1.83 g/t Au over 27 metres including 2.25 over 20.7 metres and 26.5 g/t Au over 1.0 metre
- This hole also returned a new gold lens intercept of 0.61 g/t Au over 23.8 metres, including 1.26 g/t gold over 5.0 metres and 0.64 g/t gold over 8.9 metres
- Desert Gold Ventures Inc. (DAU) is trading 13.33 per cent higher at C$0.085 per share, as of 4:45 pm ET
Desert Gold Ventures (DAU) released results from the first RC/core hole drilled to test the Linnguekoto West Deposit.
This is a metallurgical hole drilled into the Barani East Deposit and the first two holes drilled into the Mogoyafara South Deposit.
The Linnguekoto West Zone hosts inferred mineral resources of 66,200 ounces of gold in 1.39 million tonnes of gold mineralization grading 1.48 g/t gold.
One hole returned a best intercept of 1.83 g/t Au over 27 metres including 2.25 over 20.7 metres and 26.5 g/t Au over 1.0 metre.
This hole also returned a new gold lens intercept of 0.61 g/t Au over 23.8 metres, including 1.26 g/t gold over 5.0 metres and 0.64 g/t gold over 8.9 metres.
Desert Gold’s President and CEO, Jared Scharf, commented that drill results confirm and support the historic drilling done by Hyundai circa 2002.
“Obviously, much more drilling is needed at these deposits as they have only been tested to shallow depths and are mostly open to depth and along strike to the North and South. The metallurgical test hole at Barani East returned significantly higher grades than anticipated which bodes well when or if mining is carried out in this area.”
Desert Gold Ventures is a gold exploration and development company that holds two gold exploration permits in Western Mali (SMSZ Project and Djimbala) and its Rutare gold project in central Rwanda.
Desert Gold Ventures Inc. (DAU) is trading 13.33 per cent higher at C$0.085 per share, as of 4:45 pm ET.
