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

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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 Ventures (OTCQB: DAUGF) ha annunciato i piani di esplorazione della Fase 1 per il recentemente acquisito progetto aurifero Tiegba di 297 km² in Costa d’Avorio. Il progetto, situato lungo la Tehini Shear Zone, presenta oltre 10 chilometri di corridoio sfaldante NE in via di progettazione con potenziale, in una regione che ospita più di 7 milioni di once di oro conosciute.

Il programma di esplorazione, con un budget di $535.000 USD, sarà realizzato in due fasi tra il quarto trimestre del 2025 e il secondo trimestre del 2026. La Fase 1a comprende 3.500 campioni di suolo, mappatura geologica e campionamento di rocce. La Fase 1b prevede una indagine magnetica UAV di 164 chilometri lineari e 3.500 m di perforazione Aircore. L’azienda intende proseguire con 2.500 metri di perforazione a circolazione inversa nel secondo trimestre-terzo trimestre del 2026 per testare la continuità in profondità.

Desert Gold Ventures (OTCQB: DAUGF) ha anunciado sus planes de exploración de la Fase 1 para el recientemente adquirido proyecto de oro Tiegba de 297 km² en la Costa de Marfil. El proyecto, ubicado a lo largo de la Tehini Shear Zone, presenta más de 10 kilómetros de corredores de fallas con dirección NE en una región que alberga más de 7 millones de onzas de oro conocido.

El programa de exploración, con un presupuesto de $535,000 USD, se ejecutará en dos fases entre el cuarto trimestre de 2025 y el segundo trimestre de 2026. La Fase 1a incluye 3,500 muestras de suelo, mapeo geológico y muestreo de roca. La Fase 1b comprende una brown UAV magnética de 164 kilómetros lineales y 3,500 m de perforación con Aircore. La empresa planea continuar con 2,500 metros de perforación de circulación inversa en Q2/Q3 2026 para probar la continuidad en profundidad.

Desert Gold Ventures (OTCQB: DAUGF)가 최근 인수한 코트디부아르의 297km² 규모의 티에그바 금 프로젝트의 1단계 탐사 계획을 발표했습니다. 이 프로젝트는 Tehini Shear Zone를 따라 위치해 있으며, NE 방향으로 진행되는 10km 이상의 개방 단층 대로가 특징이며, 이 지역은 이미 알려진 금 매장량이 700만 온스 이상인 곳입니다.

탐사 프로그램은 $535,000 USD의 예산으로 2025년 4분기-2026년 2분기 사이에 두 단계로 실행될 예정입니다. 1a 단계에는 3,500개 토양 샘플, 지질 매핑 및 암석 샘플링이 포함됩니다. 1b 단계에는 164선킬로미터의 UAV 자력 탐사3,500m의 Aircore 시추가 포함됩니다. 회사는 2026년 2Q-3Q에 2,500m의 역순환 시추를 통해 깊이에서 연속성을 확인할 계획입니다.

Desert Gold Ventures (OTCQB: DAUGF) a annoncé ses plans d’exploration pour la phase 1 du nouveau projet aurifère Tiegba de 297 km² en Côte d’Ivoire. Le projet, situé le long de la Tehini Shear Zone, présente plus de 10 kilomètres de couloirs sismiques NE et est situé dans une région abritant plus de 7 millions d’onces d’or connues.

Le programme d’exploration, budgété à $535 000 USD, sera réalisé en deux phases entre le quatrième trimestre 2025 et le deuxième trimestre 2026. La phase 1a comprend 3 500 échantillons de sol, la cartographie géologique et l’échantillonnage rocheux. La phase 1b comprend une vérification magnétique UAV sur 164 kilomètres linéaires et 3 500 m de forage Aircore. La société prévoit de poursuivre avec 2 500 mètres de forage en circulation inversée au cours du Q2/Q3 2026 pour tester la continuité en profondeur.

Desert Gold Ventures (OTCQB: DAUGF) hat seine Explorationspläne der Phase 1 für das neu erworbene 297 km² schwere Goldprojekt Tiegba in der Elfenbeinküste bekannt gegeben. Das Projekt liegt entlang der Tehini-Verwerfungslinie und verfügt über mehr als 10 Kilometer NE-ausgerichteter Verwerfungszonen in einer Region, die mehr als 7 Millionen Unzen bekannten Goldvorkommens beherbergt.

Das Explorationsprogramm, budgetiert mit $535.000 USD, wird in zwei Phasen zwischen Q4 2025 und Q2 2026 durchgeführt. Phase 1a umfasst 3.500 Bodenproben, geologische Kartierung und Rohstoffprobenahme. Phase 1b umfasst eine 164 Kilometer lange UAV-Magnetik-Umfrage und 3.500 m Aircore-Bohrungen. Das Unternehmen plant, in Q2/Q3 2026 mit 2.500 Metern RC-Bohrungen fortzufahren, um die Kontinuität in der Tiefe zu testen.

Desert Gold Ventures (OTCQB: DAUGF) أعلنت خطط الاستكشاف للمرحلة الأولى لمشروع الذهب تياقبا الذي تبلغ مساحته 297 كم² في ساحل العاج الذي تم الاستحواذ عليه مؤخرًا. يقع المشروع على طول منطقة فاصل تيهيني، ويتميز بـ أكثر من 10 كيلومترات من مسارات تشوه NE المتوقعة في منطقة تستضيف أكثر من 7 ملايين أونس من الذهب المعروف.

سيُنفَّذ برنامج الاستكشاف، بميزانية قدرها $535,000 USD, على مرحلتين خلال الربع الرابع من 2025 حتى الربع الثاني من 2026. تتضمن المرحلة 1a 3,500 عينة تربة، وتخطيط جيولوجي، وعينات حجرية. وتشمل المرحلة 1b مسح مغناطيسي بطائرة بدون طيار بطول 164 كيلومتراً و 3,500 م من حفر Aircore. تخطط الشركة لمتابعة 2,500 متر من حفر الدورة العكسية RC في الربعين الثاني والثالث من 2026 لاختبار الاستمرارية على العمق.

Desert Gold Ventures (OTCQB: DAUGF) 已宣布对新收购的 科特迪瓦 297 平方公里的蒂阿格巴金矿项目进行第一阶段勘探计划。该项目沿着 Tehini 断层带延展,超过 10 公里向东北趋势的断层带在一个拥有超过700万盎司已知金储量的区域内。

勘探计划预算为 $535,000 美元,将于 2025 年第四季度至 2026 年第二季度分两阶段执行。阶段 1a 包括 3,500 份土壤样品、地质制图和岩石取样。阶段 1b 包括一项 164 公里线的无人机磁力勘测以及 3,500 m 的 Aircore 钻探。公司计划在 2026 年第二季度至第三季度进行 2,500 米的反循环钻探,以测试深部连续性。

Positive
  • None.
Negative
  • Significant capital expenditure of $535,000 USD required for initial exploration
  • Early-stage exploration project with no proven resources yet
  • Results from exploration program won't be available until mid-2026

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 diligence site visits, the Tiegba project appears to be poised for a new discovery. The primary objectives of this program is to drill test the main gold anomaly along the north-east trending shear corridor while other surface exploration work will focus on broadening the scope of the Tiegba project on lesser explored parts of the tenement."

Tiegba Project Highlights

  • District-Scale Structural Potential: Over 10 kilometers of prospective NE-trending shear corridors mapped, with multiple jogs and bends favorable for gold concentration.

  • Tier-1 gold district, Proven Regional Analogy: Geological setting shares strong similarities with the Bonikro-Agbaou mine complex, supporting the potential for large-scale orogenic gold systems.

  • Multi-Dataset Convergence: Coherent gold-in-soil anomalies coinciding with magnetic lineaments and structural features, enhancing confidence in target definition.

  • Multiple Gold Trap Styles Identified: Project covers a largely untested segment of a fertile gold belt with a presence of shear-hosted lodes, dilation zones, and lithological contacts, providing significant upside through early-stage exploration.

  • Target Model; Greenstone shear and Intrusion-hosted deposits (vein & disseminated)

The Tiegba Project represents a highly prospective but underexplored license situated along the Tehini Shear Zone, a regionally significant structure within a gold belt that hosts more than 7 million ounces of known endowment (Figure 2). Despite strong surface anomalies and clear structural controls, the project has never been drill tested, underscoring the opportunity for first-mover discovery.

The 2025-2026 program is designed to advance Tiegba from early-stage mapping toward drill-defined targets, with the primary objective of validating a multi-kilometre mineralized system capable of supporting a large-scale gold deposit. Total costs for the upcoming work will be $535,000 (USD) (Table 1). The current scheduled plan is outlined in Figure 1.

Upcoming Exploration Program Summary

Phase 1a - Surface Work (Q4 2025-Q2 2026)

Phase 1 will include ~3,500 soil samples to refine historical soil anomalies and expand grids across priority areas. This will be supported by geological and regolith mapping over the 297 km² permit, focusing on high-priority zones to establish a structural framework, transport pathways, and access routes. Up to 500 rock samples will be collected to validate anomalies, while ~500 metres of grooving will expose near-surface structures and provide channel samples to confirm grade continuity (Figure 4).

Phase 1b - Drone Geophysics and AC drilling (Q1 2026-Q2 2026)

A UAV-based magnetic survey covering ~164 line-kilometres will be flown over the main northeast corridor, with a focus on the Tehini Shear Zone. The orientation of the survey will be perpendicular to the Tehini Shear Zone at a 50 m spacing (Figure 4). This program will map structural features and magnetic lithologies, integrating results with soils and drilling to refine and rank targets. Outcomes will include a stronger structural model and higher-confidence drill planning by mid-2026.

Following up on the Soils and UAV drone mag, will be a ~3500m Aircore (AC) drilling campaign to test any soil and auger anomalies that also coincide with the updated magnetic data (Figure 3).

Outlook (Next Steps) - RC Drilling (Q2/Q3 2026)

Upon reviewing the successes of the surficial work, updated Mag data, and AC drilling, this will be followed by target delineation and a ~2,500 metres of reverse circulation drilling to step out from positive intercepts and test continuity at depth. By the first half of 2026, This next step is expected to deliver validated targets and detailed collar plans for the next stage of resource drilling.

Table 1. Proposed Phase 1 Exploration Budget

Tiegba Exploration Summary Costs (USD)
AC Drilling + UAV Mag Survey$175,000
Camp and Field$80,000
Assays$110,000
Technical Studies$50,000
Surface Exploration$120,000
Total Costs$535,000

 

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Figure 1. Phased work Program Timeline

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Figure 2. Tiegba License Regional Scale Planview Map

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Figure 3. Tiegba Planview highlighting Anomalous Gold Trends with Proposed AC lines (red)

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Figure 4. Teigba Plan View with Proposed Soils and Drone Mag survey areas

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On Behalf of the Board

"Jared Scharf"
___________________________
Jared Scharf
President & CEO

Qualified Person Statement

The scientific and technical information contained in this news release has been reviewed and approved by Ty Magee (M.Sc., P. Geo), a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Magee is an advisor and consultant to Desert Gold Ventures and is considered independent of the Company.

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.SEDAR.com under the company's profile. Website: www.desertgold.ca

Contact

Jared Scharf, President and CEO
Email: jared.scharf@desertgold.ca

References

1 Allied Gold Corporation. (2024). Annual Information Form and Technical Summary - 2024 (pp. 42-44). Retrieved from https://www.alliedgold.com/files/documents/Allied-Gold-AIF-2024.pdf
2Perseus Mining Limited. (2024, August). Annual Resource and Reserve Statement - FY2024. Retrieved from https://perseusmining.com/wp-content/uploads/2024/08/FY24-Resource-Reserve-Update.pdf
3Thor Explorations Ltd. (September 16, 2024). "Thor Explorations Announces the Acquisition of the Guitry Project and Expansion into Côte d'Ivoire"

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.sedar.com 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267090

FAQ

What is the size and location of Desert Gold's Tiegba gold project?

The Tiegba gold project spans 297km² and is located in Ivory Coast along the Tehini Shear Zone, within a gold belt containing over 7 million ounces of known gold endowment.

How much will Desert Gold (DAUGF) spend on Phase 1 exploration at Tiegba?

Desert Gold has budgeted $535,000 USD for Phase 1 exploration, including surface work, UAV magnetic survey, and Aircore drilling.

What is the timeline for Desert Gold's Tiegba exploration program?

The exploration program will run from Q4 2025 to Q2 2026 for Phase 1, followed by reverse circulation drilling in Q2/Q3 2026.

What are the main components of Desert Gold's Phase 1 exploration at Tiegba?

Phase 1 includes 3,500 soil samples, geological mapping, 164 line-kilometer UAV magnetic survey, and 3,500m of Aircore drilling.

Why is the Tiegba gold project considered significant for Desert Gold?

The project is significant because it's located in a Tier-1 gold district, contains 10 kilometers of prospective shear corridors, and has never been drill tested, offering first-mover advantage.
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