Mr. Jared Scharf reports

DESERT GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT AND CAD $700,000 IN LEAD ORDERS

Subject to exchange approval and the right to increase the offering, Desert Gold Ventures Inc. will conduct a non-brokered private placement of up to 10 million units at a price of seven cents per unit to raise up to $700,000.

Each unit will consist of one common share in the equity of the company and a share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of eight cents for a period of three years from the closing of the financing. The company may pay a finder's fee to qualified individuals in respect to the financing. Securities issued from the financing will be subject to a statutory hold period.

The company intends to close the initial $700,000 in lead orders upon exchange approval. Due to additional interest in the financing, the company may upsize and extend the close of its offering in the coming days.

The proceeds of the financing will be immediately used to finance a preliminary economic assessment (PEA) that will focus on the extraction of gold from the oxide and transition mineral resources by heap leach at its Barani East and Gourbassi West gold deposits. Over all, the oxide and transition portion of the two deposits contains measured and indicated mineral resources of 131,000 ounces of gold grading 1.41 grams per tonne gold and inferred mineral resources of 55,000 ounces of gold grading 1.22 g/t Au.

Should any directors and officers of the company acquire units under the financing, such participation is a related party transaction, as defined under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 if neither the fair market value of any securities issued to or the consideration paid by such persons will exceed 25 per cent of the company's market capitalization.

About Desert Gold Ventures Inc.

Desert Gold Ventures is a gold exploration and development company which controls the 440-square-kilometre SMSZ project in western Mali, containing measured and indicated mineral resources of 8.47 million tonnes grading 1.14 grams per tonne gold, totalling 310,300 ounces, and inferred mineral resources of 20.7 million tonnes grading 1.16 g/t gold, totalling 769,200 ounces.

We seek Safe Harbor.