2020 PDAC Presentation - Desert Gold Ventures Inc.

2020 PDAC
Presentation

Disclaimer

 All statements in this presentation, other than historical facts, that address exploration
 activities and mining potential are forward-looking statements. Although Desert Gold
     Ventures Inc. believes that the expectations expressed in such forward–looking
statements are based on reasonable assumptions, such statements should not in any way
       be construed as guarantees of future performance. Factors that could cause
   developments to differ materially from those expressed include exploration results;
    technical analysis; and lack of availability to the company of necessary capital to
  progress its projects further. The company is subject to specific risks inherent in the
      mineral exploration business and general economic and business conditions.

Corporate Highlights

1.   1- 6 million ounce gold target   Senegal-Mali Shear Zone (SMSZ)

2.   Increasing land package          ~400 km2 under-explored area along SMSZ

3.   Numerous historic gold zones     19 zones on combined property
     Ashanti Gold/MMC/Altus/SUD        - Steps 2 of 3 of acquisition strategy
     acquisitions                     completed

4.   Economic grade targets           6.3 g/t Gold over 13 metres - open

5.   Target-rich environment          New targets in the right area

6.   Monetization of 2nd priority     Lie adjacent to producing mines and have
     project                          only seen limited exploration

Capital Structure & Corp. Info

Ticker                     TSX.V: DAU                          Major Shareholders
Issued & Outstanding        93.1 million        Grand Peak Capital Corp.            7.8%
Options                      6.3 million        Management & Board                  5.8%
Warrants (Dau)           46 million @$0.226     Sodinaf International               5.1%
                        ($0.09 to $0.30 each)
                                                Capital Drilling                    4.7%
Warrants (ex-Ashanti)   4.6 million @$0.647
                           ($0.28 to $0.91)     Ross Beatty                         3.4%
Fully Diluted               150 million         Leede Jones                          3%
             Board & Management

     Sonny Janda,           Jared Scharf,
       Director,        Director, President &
      Chairman                  CEO
  Don Dudek (Geo.),      Larry Tsang (CPA),
      Director                  CFO
 Salif Keita, VP Exp.

Mali, West Africa

•   Mali is Africa’s fourth largest gold producing
    country.
     ❖ Annual gold production in 2018 ~2.14million oz
       Au
     ❖ >35 million oz Au of reserves
     ❖ Recent new discoveries
     ❖ Highly prospective and still underexplored to not
       explored
     ❖ Major producers and Developers - Barrick,
       B2Gold, Endeavour, Allied Gold, Hummingbird,
       Resolute and BCM

•   Desert Gold controls 2 large exploration permits
    in strategic areas.
     ❖ SMSZ Project – along Senegal Mali Shear and
       Main Transcurrent Shear Zones
     ❖ Djimbala – Adjacent to 1.8 million ounce
       Yanfolia Mine and on same geological trend as
       Endeavour’s advanced Kalana Project

Western Gold Belt of Mali

•   Desert Gold is targeting 1 to 6
    million oz Au - >> $1 billion in
    metal
•   Gold mineralization in Western Mali
    is related to the Senegal Mali Shear
    Zone (“SMSZ”).
•   Desert Gold’s property is directly on
    and proximal to the SMSZ:
•   Major deposits in close proximity to
    Farabantourou and Segala West on the
    SMSZ:
     ❖    Yatela: 3.5 Moz
     ❖    Sadiola: 8.1 Moz
     ❖    Loulo: 9.8 Moz
     ❖    Gounkoto: 4.4 Moz
     ❖    Tabakoto & Segala: 3.3 Moz
     ❖    Fekola: 7 Moz

SMSZ Project, West Mali
•   ~400 km2 Project spans the SMSZ
      ❖ SMSZ related to 30m + oz Au of
          production and Au reserves.
      ❖ Significant drill results including 6.28
          g/t Au over 13 meters. OPEN!

•   19 known sediment, volcanic and
    intrusion-hosted gold zones
      ❖ Mineralization style mimics that of
          the nearby sulphide-replacement
          altered, limestone-hosted Sadiola and
          Yatela deposits that are host to more
          than 8 million ounces of gold.
•   Additional Upside
     ❖ >100 untested gold-in-soil anomalies
         >200 ppb

•   15,000 m+ drilling program started in Q4,
    2019

•   10,000 m+ auger drilling program
    planned in 1H 2020

•   Resource report tentatively planned for
    late Q3, 2020

SMSZ Target Areas
•   59 target areas delineated
      ❖ Recent program began testing 4 of the
          target areas with a 74 hole, 3,507 metre
          drill program
      ❖ Target areas consist of a combination of
             o known zones with inferred
                 extensions both along strike and to
                 depth,
             o artisanal workings,
             o gold-in-soil anomalies of >200
                 ppb gold,
             o gold in auger anomalies of >100
                 ppb gold
             o IP chargeability high anomalies
             o Covered areas with inferred
                 structural targets
             o Areas along strike of known zones
                 that have not been explored
      ❖ Plan to develop new grassroots targets
          and drill test grassroots to resource
          build targets

SMSZ Geophysical Anomalies

Southern Gold Belt of Mali
• The 100 km2 Djimbala prospect is
  proximal to several large mines and
  deposits

• Hummingbird’s Komana mine (1.8MM
  oz Au) occurs just west of the Djimbala
  permit and Endeavour’s Kalana deposit
  with 2MM oz is ~18 km south of
  Djimbala.

• It is also 15 km north of ~2 million oz
  Au Kodieran mine.

• Bulk of the property has never been
  explored even though it appears to be in
  the ‘right area’

• Follow-up to include first pass soil
  sampling in the southern half of the
  concession, prospecting and mapping

Summary/Highlights

• Target 1 – 6 million ounce gold deposit in western and southern Mali
    ❖ SMSZ PROJECT
       ➢ Regional scale ~400 km2 land package spanning the SMSZ and MTSZ
       ➢ 1 to 6 million ounce SMSZ target with abundant gold mineralization already discovered
       ➢ Target model working - Encountering similar geology to nearby >10 million oz Au
         Sadiola/Yatela mines
       ➢ 19 known gold zones with minimal exploration to date
       ➢ Upside – New gold zones and compelling soil anomalies to follow up with >100, >200 ppb gold
          ➢ New results – 2.04 g/t gold over 30 metres and 3.03 g/t gold over 8 metres
    ❖ DJIMBALA
       ➢ Adjacent to new Hummingbird Mine
       ➢ Reported major artisanal mining presence on property
       ➢ Initial, small, soil sampling program shows strong results with 20 samples >100 ppb gold
       ➢ Additional surface exploration to be completed to delineate first drill targets