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 contributions to the industry. Notably, he contributed to the resource enhancement of the Inata Gold Mine in Burkina Faso. Ousmane holds a Master's degree in Geology from the University of Ouagadougou and is a member of the Society of Economic Geology (SEG) and the Ordre des Géologues du Burkina, further demonstrating his commitment to professional excellence in the field.
The Company also wishes to announce that Mr. Don Dudek will resign from his position as Director effective immediately and will remain on a Senior Technical Advisor to the Company.
Mr. Don Dudek commented, "Recently Desert Gold added Diallo Ousmane, a very capable Burkina Faso geologist, to lead its West African exploration team. Over the past few months, Diallo has reviewed and evaluated Desert Gold's exploration portfolio by spending an extensive amount of time in the field and working on an updated exploration plan. Consequently, I am handing the geological reins to Diallo and will back away from my role as Lead Technical Director. Concurrently, Desert Gold is also focused on developing a small gold mine with a goal of using the cash flow to support continued growth of the company. This requires a different skill set at the Board level so it now makes sense for me to back away as a Director. I do plan, however, to continue my support of Desert Gold as Senior Technical Advisor, a position I held before becoming a Director."
Desert Gold's CEO, Jared Scharf, commented, "I'm very grateful for Don's participation at the board level over the last several years. Together, we've grown the project portfolio to over 440km2 and have breached the million oz gold resource threshold. In addition to this, we're very close to publishing a PEA for the small mine which I'm optimistic will have a favorable outcome. I'm very pleased that Don will stay on as senior technical advisory to the Company and continue to help steer the geological and operational strategy in West Africa."
Mr. Scharf further commented, "Mr. Diallo is a perfect fit for our team. As a senior exploration geologist native to Burkina Faso, he will have a full-time presence in the region and will spend the majority of his time in the field at our SMSZ project. His intimate geological understanding of the region is invaluable to our team and I very much look forward to working with him as we move forward."
On Behalf of the Board
"Jared Scharf"
___________________________Jared ScharfPresident & Director
About Desert Gold
Desert Gold Ventures Inc. is a gold exploration and development company which controls the 440 km2 SMSZ Project in Western Mali containing Measured and Indicated Mineral Resources of 8.47 million tonnes grading 1.14 g/t gold totaling 310,300 ounces and Inferred Mineral Resources of 20.7 million tonnes grading 1.16 g/t gold totaling 769,200 ounces. For further information please visit www.SEDARPLUS.ca under the company's profile. Website: www.desertgold.ca.
ContactJared Scharf, President and CEOEmail: [email protected] Tel. No.: +1 (858) 247-8195
This news release contains forward-looking statements. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the capital markets, the price of gold; operational, funding, liquidity risks, the degree to which Mineral Resource estimates are reflective of actual Mineral Resources, the degree to which factors which would make a mineral deposit commercially viable, and the risks and hazards associated with mining operations. Risks and uncertainties about the Company's business are more fully discussed in the company's disclosure materials filed with the securities regulatory authorities in Canada and available at www.sedarplus.ca and readers are urged to read these materials. The Company assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States securities act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such act.
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