SYS-CON MEDIA Authors: Yeshim Deniz, Elizabeth White, Sean Houghton, Glenn Rossman, Ignacio M. Llorente

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
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
SYS-CON Media announced today that Skytap blog on "DevOps Journal" exceeded 84,000 story reads. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Noel Wurst is the managing content editor at Skytap. Skytap provides SaaS-based dev/test environments to the enterprise. Skytap solution removes the inefficiencies and constraints that comp...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...