2020 PDAC Presentation - Desert Gold Ventures Inc.
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
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 targetsYou can also read
