Northwire Canada EditionThursday, August 13, 2026
Northwire
BNZ 0.060 −7.7% NOU 2.06 +3.0% OOR 0.055 +10.0% MOON 6.98 −5.5% LOD 0.365 −1.4% CYG 0.150 +0.0% PHNM 0.395 +1.3% AWE 0.150 +30.4% FTZ 0.420 +0.0% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.97 +1.7% BEM 0.090 +0.0% MANU 0.250 +13.6% BNZ 0.060 −7.7% NOU 2.06 +3.0% OOR 0.055 +10.0% MOON 6.98 −5.5% LOD 0.365 −1.4% CYG 0.150 +0.0% PHNM 0.395 +1.3% AWE 0.150 +30.4% FTZ 0.420 +0.0% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.97 +1.7% BEM 0.090 +0.0% MANU 0.250 +13.6%
Drill Results

Desert Gold plans phase 1 exploration at Tiegba

DAU · Price

Executive Summary

  • Desert Gold Ventures Inc. outlined a Phase 1 exploration program for its newly acquired 297‑km² Tiegga gold project in Ivory Coast, targeting the northeast‑trending shear corridor.
  • The $535,000 (U.S.) program includes extensive surface work, drone‑based aeromagnetic surveying and up to 3,500 m of air‑core drilling, followed by a planned 2,500 m reverse‑circulation drill campaign in mid‑2026.
  • The company aims to validate a multikilometre mineralized system capable of supporting a large‑scale gold deposit, leveraging structural analogies to the nearby Bonikro‑Agbaou mine complex.

Key Details

  • Project Scope: 297 km² Tiegga gold project (Ivory Coast) – never drill tested; situated along the Tehini shear zone within a belt hosting >7 M oz Au.
  • Budget: Total estimated cost for Phase 1 = US$535,000.
  • Phase 1a (Q4 2025‑Q2 2026):
  • ~3,500 soil samples to refine anomalies and expand grids.
  • Geological & regolith mapping across the permit.
  • Up to 500 rock samples for anomaly validation.
  • ~500 m of surface grooving for channel sampling.
  • Phase 1b (Q1‑Q2 2026):
  • UAV magnetic survey: ~164 km line‑length, 50 m spacing, perpendicular to Tehini shear zone.
  • Integration of magnetic data with soils and drilling to refine target ranking.
  • Air‑core drilling: up to 3,500 m to test soil/auger anomalies coincident with magnetic targets.
  • Outlook – Reverse Circulation Drilling (Q2/Q3 2026):
  • Following surficial work and AC results, ~2,500 m of RC drilling planned to step out from positive intercepts and assess continuity at depth.
  • Target Model: Greenstone shear‑ and intrusion‑hosted deposits (vein & disseminated).
  • Geological Highlights:
  • 10 km of northeast‑trending shear corridors mapped; multiple jogs/bends favorable for gold concentration.

  • Structural analogy to Bonikro‑Agbaou mine complex, suggesting potential for large‑scale orogenic gold systems.
  • Convergent data sets: gold‑in‑soil anomalies align with magnetic lineaments and structural features.
  • Qualified Person: Ty Magee, MSc, PGeo (NI 43‑101 qualified).

Notable Quotes

“We’re very excited to get back on the ground and start work at the Tiegba gold project… The primary objectives of this program is to drill test the main gold anomaly along the northeast‑trending shear corridor…” – Jared Scharf, CEO

Read the original news release →

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