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Desert Gold Ventures ( (TSE:DAU) ) just unveiled an update.
Desert Gold Ventures Inc. announced the results of trenching and prospecting activities conducted between 2010 and 2012 at the Mogoyafara South and Linnguekoto West gold deposits. These findings reveal significant opportunities for resource expansion, with notable gold grades identified outside and at the edges of existing resource pits. The discoveries suggest potential for increasing their inferred mineral resources of 479,000 ounces of gold, enhancing the company’s position in the gold mining sector.
More about Desert Gold Ventures
Desert Gold Ventures Inc. operates in the mining industry with a focus on gold exploration and development. The company is engaged in identifying and expanding gold resources primarily in West Africa, emphasizing strategic exploration to enhance its mineral resource base.
YTD Price Performance: -31.25%
Average Trading Volume: 368,280
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.24M
For detailed information about DAU stock, go to TipRanks’ Stock Analysis page.