Significant gold exploration projects in Mali & Rwanda
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Desert Gold Ventures (TSX.V: DAU) (OTCPK: DAUGF) is focused on developing its gold projects in Mali and in Rwanda with its strategic partner and investor Sodinaf.
In Mali the company has three exploration projects—Farabantourou, Segala West, and Djimbala. Farabantourou already has a small, high grade resource near surface that is oxidized and amenable to heap-leaching. Segala West is adjacent to Endeavour Mining’s producing Tabakoto Mining Camp, and there is evidence that mineralization continues onto Desert Gold’s property.
Djimbala is an early-stage prospect that is surrounded by Hummingbird Resource’s land, on which it is constructing Yanfolila Mine: Mali’s next major gold mine. In Rwanda, Desert Gold hopes to be the first commercial gold producer. It has found a deposit, is developing a mine plan, and has found eager financiers for its Byumba Project. Rwanda is also underexplored, yet it boasts tremendous potential being located in mineral-rich sub-Saharan Africa.
Find more information at http://www.desertgold.ca/
Full disclosure: Desert Gold Ventures via Frontier Merchant Capital Group is a paying sponsor of Oreninc and Oreninc.com