# Desert Gold Commences 3,750 Meter Phase 2 Exploration Drill Program, SMSZ Project, Mali Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7 Original source: https://money.tmx.com/en/quote/DAU/news/5517201216263638/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project Publisher: tmx Original announcement: 2024-05-14T09:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Desert Gold Ventures Inc. - Ticker: DAU - Exchange: TSX - Region: Mali - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-09-15 19:19:58 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Desert Gold Ventures Inc. has commenced a 3,750-meter Phase 2 exploration drill program at its SMSZ Project in Mali. The program aims to test for extensions of the Mogoyafara South, Barani East, and Soa gold zones, while also testing high-priority auger anomalies. Reasoning: The company is launching a multi-target exploration phase to extend existing resources and test new anomalies, though no new assay results are provided in this specific release. - Positive factor: Initiation of a significant 3,750m drill program - Positive factor: Targets include extensions of known resource zones - Positive factor: High-priority auger anomalies identified - Negative factor: Assays for recently completed holes are still pending Facts used in scoring: 7 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The program includes testing for extensions of known resource zones. Evidence · text > This second phase program will test for extensions to two resource gold zones ## Extracted facts Stored fact records: 7. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7#fact-drill-facts-0) #### Identity - Region: mali - Reported Region: Mali - Ticker: DAU #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-14T00:00:00.000Z Reasoning: Drilling has occurred but results are not yet available. - Negative factor: Assays pending Evidence · text > Four core holes were completed at the Mogoyafara South and Frikidi Zones. Assays for these holes are pending. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The upper 25-30 metres of this deposit is oxidized and is expected, as per other oxide gold zones on the property and re" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7#fact-drill-facts-1) #### Identity - Region: mali - Reported Region: Mali - Ticker: DAU #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-14T00:00:00.000Z Reasoning: Existing M&I resource at Barani East and Barani Gap. - Positive factor: Measured and indicated resource Evidence · text > 53,700 \* ozs Au grading 2.09 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The upper 25-30 metres of this deposit is oxidized and is expected, as per other oxide gold zones on the property and re" ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7#fact-drill-facts-2) #### Identity - Region: mali - Reported Region: Mali - Ticker: DAU #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-14T00:00:00.000Z Reasoning: Existing Inferred resource at Barani East and Barani Gap. - Negative factor: Inferred category Evidence · text > 40,700 \* ounces grading 1.33 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The upper 25-30 metres of this deposit is oxidized and is expected, as per other oxide gold zones on the property and re" ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7#fact-drill-facts-3) #### Identity - Region: mali - Reported Region: Mali - Ticker: DAU #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-14T00:00:00.000Z Reasoning: Fresh rock M&I resource at Barani East. - Positive factor: Measured and indicated resource Evidence · text > 37,500 ounces grading 1.78 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The upper 25-30 metres of this deposit is oxidized and is expected, as per other oxide gold zones on the property and re" ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7#fact-drill-facts-4) #### Identity - Region: mali - Reported Region: Mali - Ticker: DAU #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-14T00:00:00.000Z Reasoning: Fresh rock Inferred resource at Barani East. - Negative factor: Inferred category Evidence · text > 33,700 ozs grading 1.66 g/t Au\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The upper 25-30 metres of this deposit is oxidized and is expected, as per other oxide gold zones on the property and re" ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7#fact-drill-facts-5) #### Identity - Region: mali - Reported Region: Mali - Ticker: DAU #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-14T00:00:00.000Z Reasoning: Existing M&I resource at Gourbassi West. - Positive factor: Measured and indicated resource Evidence · text > 77,200 \* ozs Au grading 0.93 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The upper 25-30 metres of this deposit is oxidized and is expected, as per other oxide gold zones on the property and re" ### Fact 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/desert-gold-commences-3-750-meter-phase-2-exploration-drill-program-smsz-project--cbf02dfb-7cfc-4220-b48c-fa2be2fbd0d7#fact-drill-facts-6) #### Identity - Region: mali - Reported Region: Mali - Ticker: DAU #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-05-14T00:00:00.000Z Reasoning: Existing Inferred resource at Gourbassi West. - Negative factor: Inferred category Evidence · text > 14,600 \* ounces grading 0.91 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The upper 25-30 metres of this deposit is oxidized and is expected, as per other oxide gold zones on the property and re" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.