Mr. Jared Scharf reports

DESERT GOLD OUTLINES PHASE 1 EXPLORATION PLANS AT ITS TIEGBA GOLD PROJECT IN IVORY COAST

Desert Gold Ventures Inc. has provided its coming exploration plans at its recently acquired 297-square-kilometre Tiegba gold project located in Ivory Coast. Phase 1 exploration will combine surface work, including mapping and geochemistry, and a high-resolution drone aeromagnetic survey, along with wide spaced air core drilling.

Desert Gold's chief executive officer, Jared Scharf, commented: "We're very excited to get back on the ground and start work at the Tiegba gold project. Based on historic data and what we saw on the ground during our due diligence site visits, the Tiegba project appears to be poised for a new discovery. The primary objectives of this program is to drill test the main gold anomaly along the northeast-trending shear corridor while other surface exploration work will focus on broadening the scope of the Tiegba project on lesser-explored parts of the tenement."

Tiegba project highlights:

• District-scale structural potential -- over 10 kilometres of prospective northeast-trending shear corridors mapped, with multiple jogs and bends favourable for gold concentration;
• Tier 1 gold district, proven regional analogy -- geological setting shares strong similarities with the Bonikro-Agbaou mine complex, supporting the potential for large-scale orogenic gold systems;
• Multidata-set convergence -- coherent gold-in-soil anomalies coinciding with magnetic lineaments and structural features, enhancing confidence in target definition;
• Multiple gold trap styles identified -- project covers a largely untested segment of a fertile gold belt with a presence of shear-hosted lodes, dilation zones and lithological contacts, providing significant upside through early-stage exploration;
• Target model; greenstone shear and intrusion-hosted deposits (vein and disseminated).

The Tiegba project represents a highly prospective but underexplored licence situated along the Tehini shear zone, a regionally significant structure within a gold belt that hosts more than seven million ounces of known endowment. Despite strong surface anomalies and clear structural controls, the project has never been drill tested, underscoring the opportunity for first-mover discovery.

The 2025-2026 program is designed to advance Tiegba from early-stage mapping toward drill-defined targets, with the primary objective of validating a multikilometre mineralized system capable of supporting a large-scale gold deposit. Total costs for the coming work will be $535,000 (U.S.) (Table 1).

Coming exploration program summary

Phase 1a -- surface work (Q4 2025 to Q2 2026)

Phase 1 will include approximately 3,500 soil samples to refine historical soil anomalies and expand grids across priority areas. This will be supported by geological and regolith mapping over the 297-square-kilometre permit, focusing on high-priority zones to establish a structural framework, transport pathways and access routes. Up to 500 rock samples will be collected to validate anomalies while approximately 500 metres of grooving will expose near-surface structures and provide channel samples to confirm grade continuity.

Phase 1b -- drone geophysics and AC drilling (Q1 2026 to Q2 2026)

A UAV-based (unmanned aerial vehicle) magnetic survey covering approximately 164 line kilometres will be flown over the main northeast corridor, with a focus on the Tehini shear zone. The orientation of the survey will be perpendicular to the Tehini shear zone at a 50-metre spacing. This program will map structural features and magnetic lithologies, integrating results with soils and drilling to refine and rank targets. Outcomes will include a stronger structural model and higher-confidence drill planning by mid-2026.

Following up on the soils and UAV drone mag will be an approximately 3,500-metre air-core (AC) drilling campaign to test any soil and auger anomalies that also coincide with the updated magnetic data.

Outlook (next steps) -- reverse circulation drilling (Q2/Q3 2026)

Upon reviewing the successes of the surficial work, updated mag data and AC drilling, this will be followed by target delineation and approximately 2,500 metres of reverse circulation drilling to step out from positive intercepts and test continuity at depth by the first half of 2026. This next step is expected to deliver validated targets and detailed collar plans for the next stage of resource drilling.

Qualified person statement

The scientific and technical information contained in this news release has been reviewed and approved by Ty Magee, MSc, PGeo, a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Magee is an adviser and consultant to Desert Gold Ventures and is considered independent of the company.

About Desert Gold Ventures Inc.

Desert Gold is a gold exploration and development company that 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 grams per tonne gold totalling 769,200 ounces.

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