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Page 1: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

April 2019

Page 2: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

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.

Page 3: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Capital Structure & Corp. Info

Ticker TSX.V: DAU

Issued & Outstanding 45.1 million

Options 3.4 million

Warrants 23.8 million

Fully Diluted 72.3 million

Board & Management

Sonny Janda,

Director & CEO

Jared Scharf,

Director & President

Don Dudek (Geo.),

Director

Greg Isenor (Geo.),

Director

Larry Tsang (CPA),

CFO

Salif Keita, VP Exp.

Major Shareholders

Grand Peak Capital Corp. 13.6%

Sodinaf International 10.5%

Management 6.1%

TransAfrika Resources 4.4%

Page 4: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Mali, West Africa

• Mali is Africa’s third largest gold producing country.

❖ Annual gold production in 2017 was 46.9 million tonnes ~1. 51million oz Au

• Major producers in-country:

❖ Randgold, Anglo Gold Ashanti, B2Gold, Hummingbird, Resolute, Wassoul Or and Endeavour Mining

• >35 million oz Au of reserves. Recent new discoveries made. Highly prospective and underexplored.

• Desert Gold controls 3 large exploration permits in the two most significant gold belts in Mali.

❖ Farabantourou

❖ Segala West

❖ Djimbala

Page 5: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Western Gold Belt of Mali

• Gold mineralization in Western Mali

is related to the Senegal Mali Shear

Zone (“SMSZ”).

• Desert Gold holds two properties

directly on and proximal to the

SMSZ:

❖ Farabantourou and Segala West

• Given the regional endowment

potential and prelimerary exloration

results, Desert Gold is targeting 1 to 6

million oz Au.

• 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: 6 Moz

Page 6: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Farabantourou Project, West Mali

• 122km2 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!

• 7 known gold zones

❖ Hosted by limestones,

sediments, intermediate

volcanics and felsic intrusions.

❖ 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

❖ 43 gold in soil anomalies >200

ppb Au with nil to minimal

evaluation in this highly

prospective environment.

• Follow up work

❖ Drilling to expand known zones

❖ Follow up on compelling soil

geochemical anomalies to

delineate additional drill

targets.

Page 7: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Segala West Project, West Mali

• The permit is 68km2 and proximal

to the SMSZ.

• 7 large artisanal mining zones exist

within a 24km2 geochemical soil

anomaly.

• The anomaly is located between 6

million oz Au Loulo mine and the 3

million oz Au Tabakoto mine.

• The property contains 310 gold in

soil anomalies >200 ppb with a high

of 10,000 ppb. All require follow up.

• First past exploration completed in

spring 2018.

❖ Combined geological

mapping, grab sampling

followed up with small drill

program combining RC and

DD.

• Most holes encountered

mineralization with best results of

5.35 g/t Au over 5m, 3.21 g/t Au

over 4m, 7.13 g Au over 1m, 7.16

g/t Au over 1m and 0.92 g/t Au over

22m.

Page 8: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Southern Gold Belt of Mali

Hummingbird Komana East &West Gold Mines

Desert Gold’s Djimbala Project

Page 9: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Djimbala Project, Southern Mali

Samples collected to be assayed Q4 2018

• Large 125km2 permit located in Southern Mali

with major artisanal mining presence and no

previous drilling.

• Adjacent and proximal to several large mines and

deposits including:

❖ Hummingbird’s Komana mine complex

with a 1.8 million oz Au resource

❖ Endeavour’s Kalana Deposit with 2 million

oz Au reserves

❖ Wassoul Or’s Kodieran mine operating at

11,000 tons per day

• Small soil sampling program completed in 2013

with significant gold anomalies discovered.

❖ 20 >100 ppb Au

❖ Highest values of 22,600 ppb Au

• Second phase of soils collected with assay results

to come out in Q4 2018.

• Follow up work

❖ Soil sampling program over remaining

permit

❖ Surficial geological mapping of property

and artisanal zones

❖ Follow up on compelling soil anomalies to

delineate initial drill targets

Goldfields drilling:5m @6.11 g/t Au3m @12.65 g/t Au6m @4.75 g/t Au6m @3.13 g/t Au3m @5.53 g/t Au

4 km

Page 10: PowerPoint Presentation€¦ · Hummingbird’s Komana mine complex with a 1.8 million oz Au resource Endeavour’s Kalana Deposit with 2 million oz Au reserves Wassoul Or’sKodieran

Summary

• Targeting 1 – 6 million ounce gold deposits in western and southern Mali

• 3 project areas:

❖ Farabantourou

➢ SMSZ target with strong mineralization discovered demonstrating significant upside

➢ Encountering similar geology to nearby 8 million oz Au Sadiola/Yatela mines

➢ 7 known gold zones with minimal exploration to date

➢ Compelling soil anomalies to follow up with 43 >200 ppb Au

❖ Segala West

➢ Adjacent to Tabakoto mine which is near end of life and requires feed

➢ Property sits between Randgold’s 9.8 million oz Au Loulo mine and the 3 million oz Au Tabakoto mine

➢ A large 24km2 geochemical soil anomaly exists on the permit

➢ 310 soil anomalies >200 ppb Au

➢ First pass exploration encountered mineralization in most holes with significant follow up required

❖ Djimbala

➢ Adjacent to new Hummingbird Mine

➢ Major artisanal presence on property

➢ Initial soil sampling program shows strong results with 20 samples >100 ppb

➢ Additional surface exploration to be completed to delineate first drill targets