VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 21, 2008) - Desert Gold Ventures Inc. ("Desert Gold" or the "Company") (TSX VENTURE:DAU) is pleased to announce that a second drill has been added to the first phase of the 2008 exploration program on the Goldbanks Property, located 35 miles south of Winnemucca, Pershing County, Nevada (the "Property"). The addition of the second drill will serve to expedite the major exploration program that is planned to be completed in 2008. This includes 30,000 feet of reverse circulation drilling and 25,000 feet of HQ core size diamond drilling. The budget for the 2008 program is $2.89 million. The program is designed to identify new areas of near surface gold mineralization, test for extensions laterally and at depth of high grade veins that form the feeder system to the deposit and expand on the known inferred gold resource of 556,700 ounces of gold with 90% as oxide mineralization (see Company's News Release dated March 28, 2006: http://www.desertgold.ca/news_releases-2006-03-28.html). An experienced team of geologists and field crews have been assembled to complete the proposed exploration programs.
Over the past two years, ongoing exploration has identified large high priority target areas to the north and west of the historic gold deposits, and most importantly, nearer to surface. These new target areas will be the focus of the planned systematic drilling program to be completed this year. If successful, this program will not only expand upon the currently defined resource at the northern end of the current Goldbanks deposits, but also to the north and west define a bulk tonnage gold deposit close to surface and more amenable to open pit development.
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