on Desert Gold Ventures Inc. (isin : CA25039N4084)
Desert Gold Ventures: Advancing Towards Production at Barani East
Desert Gold Ventures Inc. has transitioned from planning to execution at its Barani East site. About 52,000 square meters have been cleared for the construction, and initial groundwork has begun. The processing plant has also seen significant progress, with equipment inspections completed and shipments underway from China to Dakar.
The plant's arrival is slightly delayed, but the clarity of the execution timeline is reassuring. This phasing includes key stages such as equipment arrival, installation, and expected commissioning by mid-July 2026. Additionally, water development efforts are a priority, with ongoing drilling programs showing promising early results.
A new drill program aims at enhancing resource growth around Barani East, targeting areas like Koussili and Gourbassi West North. This could extend mine life and strengthen the development concept. The overall progress supports the valuation for Barani East, indicating a potential shift for Desert Gold from a junior explorer to an emerging producer.
R. H.
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