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Desert Gold's Mali Operations Ongoing and Unaffected by Conflict in the North
Published : February 04, 2013
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Keywords :   Gold | Mali | Market | Senegal |

TORONTO, ONTARIO--(Marketwire - Feb. 4, 2013) - Desert Gold Ventures Inc. (News - Market indicators) (the "Company", "Desert Gold") reports that its Farabantourou, Loulo-East and Djimbala permits continue to operate normally following the declaration of a state of emergency in Mali as French forces joined the Malian army in a joint military initiative to quell rebels in the North of the country. In the South, including the capital Bamako, social and economic activity is normal and remains largely unaffected.

The Company recently completed a highly successful drill program on its Farabantourou permit (see news release dated January 15, 2013). The drill program, which lasted approximately two months, ran smoothly and was not impacted by the conflict in the North of the country.

The Company's operations and permits are in safe areas, more than 700 kilometres from conflict zones, and have not been affected by any of the issues that have afflicted Mali over the last twelve months.

Chief Executive Officer, Roeland Van Kerckhoven, noted, "Whilst our operations and interests are far from the conflict area in the North, the Company is monitoring the situation closely."

About Desert Gold Ventures Inc.

Desert Gold Ventures Inc. is an advanced exploration and development company which holds a portfolio of advanced mineral projects located in Rwanda, Mali and Senegal.

This news release has been prepared on behalf of the Board of Directors of Desert Gold, which takes full responsibility for its contents.

FORWARD-LOOKING STATEMENTS

This press release includes certain "forward-looking statements". All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are "forward-looking statements". All statements regarding the successful completion of the sale of the Goldbanks project and achieving commercial production on the Company's properties in Africa are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. For additional information on such risks, please consult "Risks and Uncertainties" found on page 14 of the Company's Management Discussion and Analysis for the year ended December 31, 2011. The Company expressly disclaims any obligation to update any forward-looking statements except as may be 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.

Desert Gold Ventures Inc.
Jared Scharf
Chief Financial Officer
(416) 662-3971
(778) 372-1790 (FAX)
jared.scharf@desertgold.ca
www.desertgold.ca
Companies Mentionned : Desert Gold Ventures |
Data and Statistics for these countries : Mali | Senegal | All
Gold and Silver Prices for these countries : Mali | Senegal | All

Desert Gold Ventures Inc.

EXPLORATION STAGE
CODE : DAU.V
ISIN : CA25039N3094
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Desert Gold Ventures is an exploration gold company based in Canada.

Desert Gold Ventures holds various exploration projects in USA.

Its main exploration property is GOLDBANKS - KINROSS in USA.

Desert Gold Ventures is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.2 millions as of today (US$ 890 887, € 794 849).

Its stock quote reached its highest recent level on October 15, 2010 at CA$ 1.48, and its lowest recent point on July 31, 2015 at CA$ 0.04.

Desert Gold Ventures has 12 913 898 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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Annual reports of Desert Gold Ventures Inc.
2007 Annual Report
Project news of Desert Gold Ventures Inc.
2/2/2009(Goldbanks - Kinross)INITIAL MAIN ZONE DRILLING PROGRAM COMPLETED
1/21/2009(Goldbanks - Kinross)INITIAL KW ZONE DRILLING RESULTS
12/17/2008SUCCESSFULLY TRACES KEY HIGH GRADE FAULT ZONE FOR 1800 FEET ...
Corporate news of Desert Gold Ventures Inc.
10/1/2015Interim Results
9/29/2015Robust Economics for Joint Venture Project
3/9/2015Operation agreement with Desert Gold Inc.
11/27/2014Desert Gold Ventures Inc. Amends Terms of $500,000 Private P...
11/25/2014Desert Gold Ventures Inc. Renewal of Mali Mining Permits
11/14/2014Desert Gold Ventures Inc. Announces $500,000 Private Placeme...
9/17/2014Desert Gold Ventures Inc. Announces Results of Preliminary E...
6/3/2014Desert Gold Ventures Reports the Mapping of a 24 km2 Anomalo...
6/2/2014Desert Gold Ventures Commences a Mining Feasibility Study on...
7/22/2013Sampling Program on Its Djimbala Project, Mali Uncovers High...
6/17/2013Reports Gold Recoveries in Excess of 90% from Metallurgical ...
6/5/2013Enters Into a Joint Venture Agreement with Toro Gold Ltd for...
4/23/2013Drilling on the First of Six Gold Hosting Mineralised Zones ...
2/4/2013Mali Operations Ongoing and Unaffected by Conflict in the No...
1/15/2013Mali Exploration Program Delivers Excellent Grades; Update o...
10/1/2010Company update
6/5/2009small shareholder program
12/1/2008EARNS 50% INTEREST IN GOLDBANKS PROPERTY
10/31/2008CONVERTIBLE DEBT FINANCING
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