Desert Gold Ventures Inc. plans to launch a 25,000-meter drill campaign as part of a US$3 million exploration program at its Senegal Mali Shear Zone gold project in Mali.
The campaign, which will focus on 39 target areas, comprises 15,000 meters of air core, reverse circulation and diamond drilling, and 10,000 meters of auger drilling, according to an Oct. 24 news release.
The program will prioritize drill testing the updated mineralization models at the Gourbassi West, Gourbassi East and Barani East deposits, which are said to have returned significant ore-grade, gold-bearing intercepts.
The exploration program also consists of 26 line-kilometers of induced polarization geophysical surveys, collection of 5,060 soil samples, six months of mapping, and completion of a National Instrument 43-101-compliant resource estimate by the third quarter of 2020.
In March, Desert Gold agreed to acquire Ashanti Gold Corp. for C$3.8 million. Its gold assets also include the Segala West and Djimbala projects in Mali as well as the Rutare property in Rwanda.