Desert Gold Ventures Inc. (TSX-Venture:DAU) noted a fair rise in in its shares price Thursday as it spotlighted present, recently acquired and reviewed, geophysical data over the Company's SMSZ Project in Western Mali, near the border with Senegal.
Desert is based in Delta, British Columbia.
The ~400 km2 SMSZ Project is both named after, and, overlies a 38 km section of the Senegal Mali Shear Zone which is related to five large mines located both to the north and south, along strike.
So far as Desert knows, the SMSZ Project is the largest, contiguous, non-producer land package over this very prospective structural feature. Exploration targets within five kilometres of the Senegal Mali Shear Zone, are considered by management to be high priority, exploration targets.
CEO Jared Scharf comments "This newly evaluated geophysical data further emphasizes the potential of the SMSZ Project. We are defining new targets in a great structural setting, in generally, laterite and/or overburden-covered areas, that would not have been picked up by conventional soil sampling and mapping."
DAU shares took on a penny, or 7.1%, to 15 cents, on volume of 42,000 shares.
