Desert Gold Ventures Seeks to Maximize Mali's SMSZ Gold Potential

Desert Gold Ventures Inc. is positioning its SMSZ Project in Mali as a significant player in West Africa’s gold industry. The Preliminary Economic Assessment (PEA) includes only 10% of the project's gold resources, indicating potential growth opportunities. CEO Jared Scharf emphasizes the potential of the SMSZ to evolve into a multi-million-ounce mining camp with several open pits feeding large mining operations.

The project boasts a strong 34% Internal Rate of Return (IRR) at a $2,500 gold price. The firm aims to enhance its project economics through additional exploration targets, potentially increasing production volumes and extending mine life significantly. The modular processing plant strategy offers flexibility to adapt quickly to new findings.

Desert Gold anticipates favorable conditions from global gold market trends, with prospects for monetary easing and lower interest rates. This external environment and strategic growth in Mali and Côte d'Ivoire are expected to strengthen the company's long-term mining operations in West Africa.