Welcome to our dedicated page for Desert Gold Ventures news (Ticker: DAUGF), a resource for investors and traders seeking the latest updates and insights on Desert Gold Ventures stock.
Desert Gold Ventures Inc. (OTCQB: DAUGF) generates frequent news flow related to its gold exploration and development activities in West Africa. Company announcements focus heavily on the SMSZ Gold Project in western Mali, where Desert Gold reports significant Measured and Indicated and Inferred Mineral Resources and is advancing a Preliminary Economic Assessment for near-surface oxide and transitional deposits at Barani and Gourbassi.
News releases cover a range of technical and corporate updates. On the technical side, Desert Gold reports drilling results, trench and prospecting data, and updated mineral resource information from zones such as Mogoyafara South, Linnguekoto West, Barani Gap, Frikidi, Kolon and Soa. These updates often highlight new intercepts, extensions to known mineralized lenses, and the integration of historic data into current models, all of which the company views as important for potential resource expansion at SMSZ.
Desert Gold’s news also details progress on economic studies. The company has announced both a maiden PEA and an updated PEA for the Barani and Gourbassi deposits, including mine plan parameters, processing concepts using a modular gravity and CIL plant, and sensitivity analyses at different gold prices. These releases emphasize that the PEAs are preliminary, rely in part on Inferred Mineral Resources and are not definitive feasibility studies.
Beyond Mali, news items describe Desert Gold’s option agreement on the Tiegba Gold Project in Ivory Coast and outline planned Phase 1 exploration work, including soil sampling, mapping, drone aeromagnetic surveys and air core drilling. Corporate news includes financing initiatives such as a warrant exercise incentive program, stock option grants and changes in technical leadership roles. Investors following DAUGF news can use this page to review the company’s ongoing exploration results, project studies and corporate developments in one place.
Desert Gold (OTCQB: DAUGF) provided a site development update for the fully permitted Barani East gold project in western Mali on February 11, 2026. The company is performing civil works, water infrastructure, site utilities and camp upgrades while procuring a modular gravity processing plant.
The initial plant targets ~10 tonnes/hour throughput with modular expansion potential to ~50 t/h. Metallurgical test work in the PEA indicates ~68% gravity recovery and conceptual gravity+CIL recoveries up to ~92% under lab conditions.
Desert Gold (OTCQB: DAUGF) released an updated PEA for the SMSZ Project (Barani & Gourbassi) on November 25, 2025. The study models a 10-year open-pit oxide operation with average throughput of 36 ktpm and total contained gold of 130,700 oz, yielding ~113,100 oz recoverable at 87% recovery. At a base price of USD $2,850/oz the after-tax NPV(10%) is $61M and IRR 57% (payback 2.5 years); at the spot price $4,070/oz NPV(10%) is $124M and IRR 101%. Initial capex is ~$20.4M and LOM capex ~$36.5M; AISC is $1,137/oz. The PEA is preliminary and includes inferred resources.
Desert Gold Ventures (OTCQB: DAUGF) has announced its Phase 1 exploration plans for the newly acquired 297km² Tiegba gold project in Ivory Coast. The project, situated along the Tehini Shear Zone, features over 10 kilometers of prospective NE-trending shear corridors in a region hosting more than 7 million ounces of known gold endowment.
The exploration program, budgeted at $535,000 USD, will be executed in two phases during Q4 2025-Q2 2026. Phase 1a includes 3,500 soil samples, geological mapping, and rock sampling. Phase 1b comprises a 164 line-kilometer UAV magnetic survey and 3,500m of Aircore drilling. The company plans to follow up with 2,500 meters of reverse circulation drilling in Q2/Q3 2026 to test continuity at depth.
Desert Gold (OTCQB: DAUGF) has announced positive results from its maiden Preliminary Economic Assessment (PEA) for its 100%-owned SMSZ Gold Project in Mali. The PEA outlines a low-capex, open-pit oxide mining operation with a 17.4-year mine life.
Key financial metrics at $2,500/oz gold price include an after-tax NPV (10%) of $24M, IRR of 34%, and payback period of 3.25 years. The project requires $16M in funding, with initial capital costs of $15M and sustaining capital of $9M. The operation will produce an average of 5,500 ounces of gold annually with an All-In Sustaining Cost (AISC) of $1,352/oz.
The project employs a modular, two-phase approach, starting at Barani East before transitioning to Gourbassi deposits, with a projected total gold production of 97,600 ounces over the mine life.
Desert Gold Ventures (DAUGF) has discovered historic drill data for 49 holes near the Mogoyafara South Deposit and 29 holes near the Linnguekoto West Deposit. These zones currently contain Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t gold.
Key findings at Mogoyafara South include significant intercepts such as 1.58 g/t gold over 33 metres and 0.83 g/t gold over 42 metres. At Linnguekoto West, notable results include 3.4 g/t gold over 12 metres. The new data validates and potentially expands the existing resource model, with drilling extending mineralization by 400-450 metres north and south at Mogoyafara.
Management believes this data could support a small increase in mineral resources and indicates strong potential for further resource expansion through additional drilling. The company is currently advancing a PEA for oxide and transition mineral resources at the Barani East and Gourbassi West Deposits.
Desert Gold Ventures (DAUGF) has announced newly discovered trench and prospecting data from 2010-2012 work at their Mogoyafara South (MS) and Linnguekoto West (LW) gold deposits. The two deposits currently hold Inferred Mineral Resources of 479,000 ounces of gold grading 1.09 g/t gold.
At Mogoyafara South, significant trenching results include intersections up to 2.73 g/t Au over 16m, with prospecting samples yielding up to 57.0 g/t Au. The Linnguekoto West area showed promising results with trenching values up to 3.15 g/t Au over 16m and remarkable prospecting samples reaching 1,205 g/t Au.
The company plans follow-up trenching at MS and is evaluating drilling options for the laterite ridge targets at LW. A PEA completion is estimated for Q1 2025, with additional gravity test work scheduled for January at the Barani East Deposit.
Desert Gold Ventures (TSXV: DAU) has appointed Diallo Cheick Ousmane as Vice President of Exploration, West Africa. Ousmane brings over 15 years of experience in gold and base metals exploration within the Birimian Greenstone Belt and Arabian Shield, having worked with companies like Avocet Mining, Centamin, and Acacia/Barrick Gold.
Concurrent with this appointment, Don Dudek will step down as Director but continue as Senior Technical Advisor. The company currently manages a project portfolio spanning over 440km² and has achieved a million oz gold resource milestone. Desert Gold is also nearing the publication of a PEA for a small mine development project, aiming to use future cash flow to support company growth.
Desert Gold Ventures has announced results from its Q2 2024 Phase 2 drill program at the SMSZ Project in Mali. The 3,892-meter program across 65 holes revealed significant gold intersections, including 6.35 g/t Au over 9.5 metres at Frikidi and 3.81 g/t Au over 2.7 m at Mogoyafara South. The company aims to exceed 2 million ounces in gold mineral resources, with current drilling extending known zones and discovering new mineralization. A PEA is expected in early 2025, with ongoing metallurgical testing at Barani East, Gourbassi West, and Gourbassi West North deposits.
Desert Gold Ventures has successfully concluded its warrant exercise incentive program, raising CAD $1,258,286 through the exercise of 15,728,571 Eligible Warrants at $0.08 per Common Share. The program participants received an equal number of Incentive Warrants, exercisable at $0.08 for three years. The funds will support the development of the company's SMSZ Gold Project in West Mali and general working capital. Insiders participated in 5.02% of the total Eligible Warrants exercised. The new Incentive Warrants include an acceleration clause if shares trade at or above $0.20 for ten consecutive days.