Desert Gold Ventures Inc. announced results from the first three core holes designed to drill test the depth extent of the Gourbassi West North Zone at its SMSZ Project in Western Mali. All three core holes intersected significant amounts of gold mineralization with a highlight intercept of 1.08 g/t gold over 124 metres including 1.85 g/t gold over 41.1 metres and 0.7 g/t gold over 30.6 metres. The first three holes, which were all core holes, returned wide intervals of gold mineralization and demonstrate that gold mineralization extends to at least 175 metres depth compared to the previous depth extent of 35 metres.

A summary of significant intercepts are as follows: FR-22-DD-007 - 1.35 g/t gold over 43.1 metres including 1.66 g/t gold over 13 metres. FR-22-DD-008 - 0.53 g/t gold over 8.2 metres and 0.74 g/t gold over 21.0 metres. FR-22-DD-009 - 0.70 g/t gold over 30.6 metres and 1.08 g/t gold over 124 metres including 1.85 g/t gold over 41.1 metres.

Technical Details: The Gourbassi West North (GWN) Zone, which was discovered in July 2021, lies near the west side of the SMSZ property package. A total of 94 holes totaling 4,372.5 metres of drilling has been completed over the GWN Zone including 3 core holes totaling 605.5 metres, 14 RC holes totaling 1,854 metres and 78 AC holes totaling 2,066 metres. These holes were designed to test the extent of the GWN Zone for 1,800 metres along strike to a depth of 175 metres.

The mineralized zones are dominantly hosted by micro-conglomerate. Lesser amounts of conglomerate, limestone and shale have also been noted. Alteration consists of disseminated veinlet pyrite and local disseminated arsenopyrite is a weakly to moderately sericitized and silicified conglomerate.

The widest gold zones occur proximal to the west side of a fault zone at the western contact of a silicified volcanic breccia. Mineralization generally dips steeply to the west, but hole FR-DD-22-009 suggests that locally the mineralization may also dip to the east. Assay results for the most of the AC and RC holes are still pending.

Currently, the drill is testing a target at Linneguekoto West (Inferred mineral resource of 66,200 ounces at 1.48 g/t gold) with a few holes already completed at Mogoyafara South (Inferred Mineral Resources of 412,800 ounces of gold at 1.08 g/t gold) and Barani East (Measured and Indicated mineral resources of 91,200 ounces of gold grading 1.90 g/t gold and Inferred mineral resources of 133,900 ounces of gold grading 1.54 g/t gold).QAQC: All auger and drill samples are delivered to SGS in Bamako, Mali where they are prepped. The prepped samples, are both shipped by truck to SGS's facility in Ouagadougou, Burkina Faso, or remain at SGS's laboratory in Bamako, for Au determination by fire assay. Standards and assay blanks,were inserted into the assay stream every 22 to 30 samples, respectively equaling one control sample for every approximately every 8-15 assay samples.

All assay batches are reviewed for quality with re-assays requested 20 samples on either side of standards that assay more than 2 to 3 SD from an excepted value and for blanks that contain more than 10 ppb gold. Ashanti Gold drill results QAQC Procedures for the Gourbassi East and West Zones: Certified Reference Materials and Blanks were inserted into the sample stream at the rate of 1:20 samples. Field duplicates are collected at the rate of 1:50 samples.

All samples have been analyzed by SGS Laboratories in Bamako with standard preparation methods and 50g fire assay with atomic absorption finish. SGS does their own introduction of QA/QC samples into the sample stream and reports them to Ashanti for double checking. Higher grade samples are reanalyzed from pulp or reject material or both.

Hyundai QAQC Procedures: Desert Gold does not have any information regarding Hyundai's QAQC procedures at the Linnegukoto West Zone. However, based on follow-up of historic drill results in the Barani Area indicates an acceptable level of accuracy.