Welcome!

News Feed Item

Desert Gold Ventures Commences a Mining Feasibility Study on Its Barani East Project in Western Mali

TORONTO, ONTARIO -- (Marketwired) -- 06/02/14 -- Desert Gold Ventures Inc. (TSX VENTURE: DAU) (the "Company" or "Desert Gold") is pleased to record extensive metallurgical test work conducted on bulk mining samples from the recently drilled and sampled Barani East Gold Deposit (the "Deposit") indicates gold recoveries up to 85%. The company is currently engaged in a feasibility study to support fundraising for the development of a mine on the deposit.

Process Design

A two ton bulk sample of ore collected from the Barani east prospect was submitted to Peacocke Simpson & Associates (Pty) Ltd's minerals processing laboratory in Harare, Zimbabwe for bulk metallurgical work.

The company has commissioned an engineering design team from Appropriate Process Technologies (Pty) Ltd (Johannesburg, South Africa) ("APT") for plant design. APT specialises in the manufacturing of modular mineral processing plants and are designing a plant to optimise the economic exploitation of the resource. The latest tests indicate that a low capital cost plant comprising a wash and screen (2 mm) circuit, with minor crushing, feeding to a Knelson gravity concentrator will recover 40.3% of the gold. The tailings from the Knelson concentrator were fed to a Knelson continuous variable discharge concentrator (CVD) from which concentrates with a mass yield of approximately 11% were subjected to a cyanide leach, which resulted in an additional 25% of the gold to be recovered. Although this process, in aggregate, generates a lower recovery of the gold (65%) compared to other processing alternatives, this configuration requires the least capital investment, being some 80% cheaper than the alternative maximum recovery design plan, and having the lowest operating costs. Tailings with the unrecovered gold will be stockpiled as an asset for later re-treatment.

About the Project

The Barani East Gold Deposit occurs on the Desert Gold's Farabantourou Permit located in Western Mali. The permit falls on the Senegal-Mali Fault Zone ("SMFZ"), 40km south of Sadiola Mine and 50km north of the Loulou-Gounkoto mine complex (Fig. 1). Both these mines are on the SMFZ.

Barani East is the first of 6 prospects with proven gold mineralization expected to be developed by Desert Gold on the permit. The project has been drilled to a depth of 120m with mineralization open to depth in the southern part of the deposit (Fig. 2).

To view Figures 1 and 2 please click on the following link: http://media3.marketwire.com/docs/DAU0602.pdf

The Resource

The company has focused drilling on the Barani East prospect and has completed a maiden mineral resource estimate, which indicates a total of 108,100 oz gold in the indicated and inferred categories with average grades of 2.50 g/t gold at a cut-off value of 1.0 g/t gold. (Table 1). This resource is currently defined to a maximum depth of 120 m below surface over a strike length of 400m. The deposit is tabular, mineralisation varying in thickness from 4.5m to 15m, and dipping to the east between 45 degrees and 60 degrees. The gold mineralisation is associated with quartz hematite rocks and kaolinite veins within siltstone and shale.


-----------------------------------------------------------------
                                              Grade        Ounces
Resource Category              Tonnes      (g/t Au)            Au
-----------------------------------------------------------------
Indicated                     514,000          2.46        40,600
Inferred                      828,000          2.53        67,500
-----------------------------------------------------------------
TOTAL                       1,342,000          2.50       108,100
-----------------------------------------------------------------


At a cut-off grade of 1 g/t
Table 1. Barani East estimated mineral resource (April 2013).

Farabantourou Strategy

Desert Gold's Farabantourou permit strategy is to develop the other 5 known gold prospects to a mineral resource definition stage similar to what has been achieved at Barani East. Funding for drilling on the other 5 prospects will be provided out of mining revenue from a low cost opencast mining operation on Barani East. A feasibility study is being concluded to define the CAPEX and related operational cost associated with a potential mining operation to extract the resource as defined from surface. High grade Au intersections of 9.99g/t over 4m and 8.60g/t over 3.5m at 120m vertical depth show potential for developing an underground resource at Barani East following the exploitation of the open pit resource.

About Desert Gold

Desert Gold Ventures Inc. is an advanced exploration and development company which holds mining assets in Mali and Rwanda.

For further information concerning Desert Gold Ventures Inc. and the TransAfrika material properties, please refer to Desert Gold's SEDAR profile at www.sedar.com or visit our website at www.desertgold.ca.

This announcement has been reviewed by Mr. Mark Austin, Senior Partner of Applied Geology & Mining Pty Ltd, who has more than 30 years of relevant experience in the field of activity concerned. He is a fellow of the Geological Society of South Africa ('GSSA') and is registered as a Professional Natural Scientist with the South African Council for Natural Scientific Professions (No. 400235/06) and he has consented to the inclusion of the material in the form and context in which it appears.

This news release has been prepared on behalf of the board of directors of Desert Gold, which accepts full responsibility for its contents.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership abi...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
China Unicom exhibit at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE FDD, TD-LTE), fixed-line broadband, ICT, data communica...
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...