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Desert Gold

2/7/17 1

Disclaimer

All statements in this presentation, other than historical facts, that address exploration activities and mining potential are forward-looking statements. Although Desert Gold Ventures Inc. believes that the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements should not in any way be construed as guarantees of future

• performance. Factors that could cause developments to differ materially from

those expressed include: exploration results; technical analysis; and lack of availability to the company of necessary capital to progress its projects further. The company is subject to specific risks inherent in the exploration and mining business and general economic and business conditions.

Corporate Info

Ticker TSX.V: DAU Shares in Issue 16.9 million Fully Diluted 30.5 million Share Price CDN $0.27 Market Cap CDN $4.5 million Board & Executive Officers

Sonny Janda, Director & CEO Jared Scharf, Director Bruce Thorndycraft, Director Ayub Khan, Director Adam Kim (CPA), CFO

• Dr. Luc Antoine, Director

Company Overview

4 Highly prospective advanced exploration properties located near world class mines 1 Mining feasibility study underway at Byumba gold deposit in Rwanda 2 Targeted exploration programs at world class gold prospects in Western Mali

Desert Gold is an advanced gold exploration company with assets of significant potential on the continent of Africa principally located in Mali and Rwanda. The company’s objective is to develop proven gold resources and convert them into profitable mining operations in both a socially and environmentally responsible manner.

Western Mali Locality

Desert Gold holds 3 exploration permits in Western Mali 1) Farabantourou 2) Segala West 3) Djimbala. All of which are located directly on or near the Senegal Mali Fault Zone (“SMFZ”). The SMFZ is one of the most important geological formations on the continent and hosts some of the largest gold deposits and producing mines in the world. Revenues from gold production in this area in 2015 were approximately USD $1.2 billion

Farabantourou Project

Gold mineralization at Farabantourou is related to the Senegal Mali Fault Zone (“SMFZ”) structural event Deposits in near proximity to Farabantourou on SMFZ: Randgold;

• Loulo Mine; 11.5 Moz
• Gounkoto Mine; 5.5 Moz

Eandeavour Mining;

• Tabakoto & Segala Mines; 3.3 Moz

IAMGOLD/AngloGold Ashanti JV;

• Sadiola Mine; 9.2 Moz
• Yatela Mine; 3.5 Moz

Desert Gold is holding discussions with two large neighboring mining companies to negotiate the co-development of Farabantourou

Joint Venture Opportunities:

Farabantourou Upside

Prospects within the Farabantourou Permit Barani East Deposit Surface View

• Barani East; 70,000 oz au resource can be expanded by drilling at depth and along strike extension of fault increasing strike to ~3 km
• Keniegoulou; Can extend target along strike to approximately 2 km as the first 14 lines of drilling intersected significant mineralization
• Dambamba; Can increase overall target strike extent to 2.5 km to the south along the interpreted fault line as it is postulated
• Kousilli; The drilling in this area intersected mineralization in two of the four fence lines. If drilling is overlain by geochemistry anomalies

as well as the structural interpretation from the IP resistivity work, two northeast to southwest trending targets can be postulated

Farabantourou Work Program

Program Budget Program Highlights

Farabantourou Program (US Dollars) Drilling (Diamond) $500,000 Drilling (RC) $400,000 Vehicles, Fuel, Generator $115,000 Administration, Logistics & Salaries $75,000 Geophysics & Petrophysics $70,000 Trenching $50,000 Resource & Metallurgy $45,000 Camp, Community and Environment $35,000 Geology & Geochemistry, Data collection/Validation $25,000 Total $1,315,000

Exploration Summary Plan at Farabantourou The company designed a USD $1.3 million program to further define the known mineralized zones at Farabantourou, in particular along strike at Kousilli, Barani, Barani East and Keniegoulou. Material program work includes:

• 3,000 meters of trenching
• 3,500 meters of RC drilling
• 2,000 meters of diamond drilling

*includes historical works by Hyundai and TransAfrika Resources

Segala West Project

• Substantial 24 km² geochemical

anomaly identified suggesting substantial mineralization below surface.

• Mineralogy very similar to the Tabakoto mine

adjacent to the East, the Segala mine also adjacent to the East and the Kofi mine adjacent in the North

• 3 extensive artisanal mining operations

(30m depth) in the South East of the anomaly and also on the Endeavour Segala mine extension in the North East of the permit.

The Segala West permit is surrounded by several large mines including Randgold’s Loulo-Gounkoto mine complex to the West which has a mineral resource of >14 Moz au and had mining revenues of USD $724 million in 2015. Adjacent to the East of Segala West are Endeavour Mining’s Tabakoto and Segala mines with a combined mineral resource of nearly 3 Moz au and had mining revenues of USD $174 million in 2015. Endeavour also own and are actively developing the Kofi and Kefola prospects to the north and south respectively.

At Segala West

Segala West; Baroya and Segala Pits

*Segala pit artisanal mine site

Segala West Mineralization and Artisanal Mining Activities

• 3 large artisanal mining sites on strike with Endeavour’s

Segala and Tabakoto mines

• Baroya Artisnal Site: mining over 400m on quartz veins

north of Baroya village. Abandoned workings to the south suggests a further 600m of mineralization on the same zone

• Baroya South: extensive alluvial/elluvial diggings over a

4km east/west-trending area

• Artisanal mining exploit the surface mineralization across

permit boundaries between Desert Gold and Endeavour Mining

• Nevsun intersected 76.60 g/t Au over 3.80m below the

artisanal mines on the Segala mine extension

• Selected drill intersections at Segala West include 1m @

21.8g/t Au, 1m @ 7.7g/t Au, 2m @ 7.4g/t Au, 4m @ 5.5g/t Au, 7m @ 2.0g/t Au

• Au assay results from rock samples collected from the

artisanal mines average 14 g/t and 6 g/t from the Baroya and Segala operations, respectively

*Assay results of selected grab samples collected from artisanal mining operations

Segala West Program

Segala West Program Budget (US Dollars) Core drilling 2100@160 335,000 RC drilling 2000@100 200,000 Operational overheads 190,000 Geochem - lab 6500@23 150,000 Field geologists 110,000 Trenching 5x400m 100,000 Ground geophysics - mag 30,000 Total

$1,114,000

Exploration Summary Plan at Segala West Program Budget Program Highlights Previous exploration at Segala West focused on the northern sector of the permit. The company now intends to focus its exploration in the southern area of the permit. The 2 primary areas of interest are known as the “Baroya area” where 2 extensive artisanal mining operations exist and the Segala area where artisanal miners are exploiting mineralized systems that are an extension of Endeavour’s Segala mine. Material program work includes:

• 2,000 meters of trenching
• 2,000 meters of RC drilling
• 2,100 meters of diamond drilling

Djimbala Project

Exploration potential:

Situated within the Yanfolila Gold Belt

• Favourable host rocks
• Fundamental structures
• Artisanal mining within the permit confirms Au

presence 50km north of Kodieran and Kalana Mines

• Kodieran 2.56 Moz Au
• Kalana 1.25 Moz Au

10km southeast of Hummingbird Resources Komana Project

• Komana resource to date 0.75 Moz Au
• Hummingbird Resource target: 2 Moz Au

Surrounded by a number of early stage projects under exploration by Hummingbird Resources First phase of soil sampling delivers positive results with soil anomalies coinciding with favourable structure

Djimbala Exploration Results

Progress to date:

• Reconnaissance mapping completed
• 5 large areas of artisanal mining identified
• Mining quartz veins in highly altered

sandstone shale on north-south trend

• Soil sampling over the first of 4 prioritized

areas completed

Regional Geology Gold Soil Geochemical Sample Results

Rwanda Locality

Desert Gold’s Byumba property is located in the northern half of the Great Lakes sub-province of Africa, one of the world’s principal Precambrian orogenic-metallogenic provinces. Like Banro’s gold operations in the DRC, the Byumba gold deposit lies within the Kibaran Metallogenic Province. Banro’s deposits form the north-northeast/south-southwest striking Twangiza Namoya Gold Belt. Deposits in this belt include Twangiza/Kamituga with a 6.9Moz au resource, Lugushwa 2.7Moz au resource and Namoya with a 1.7Moz au resource. The Byumba deposit lies 200km north east of Twangiza along the same trend and like Twangiza, gold mineralization is associated with a fold structure.

Byumba Deposit

• In 2007 soil sampling identified a 3.5km long northeast

trending gold anomaly on the Rubaya prospect of the Byumba Project

• A diamond drilling program comprising 33 drill holes for

5,183m was carried out between July 2008 and August 2009

• The results from this drilling program were modeled and a N.I

43-101 inferred resource was declared (Table 1)

• In 2011 a second drill campaign was conducted to increase the

resource by drilling along strike and down dip. A total of 3,286m were drilled in 14 holes along the northwestern extension and down dip of the declared resource

• 2011 drilling was successful in confirming the continuation of

mineralization over some 400m strike to the northwest and down dip of the existing resource

Exploration History

Table 1 Byumba Resource

Inferred Mineral Resource Estimate (January 2010 ) Weathering Zone Tonnage (Kt) Au (g/t) Bulk Density Au Ounces Oxide 701 1.22 2.35 27,000 Transition 2,606 1.38 2.55 115,000 Fresh 2,245 1.69 2.75 122,000 Total 5,551 1.48 2.61 265,000

Byumba Project Permitting

• In June of 2016, the Company submitted an

application for mining to the Rwandan Ministry of Mines along with a plan of operation for the exploitation of the gold deposit at Byumba

• The Company expects to receive approval from the

Ministry of Mines for its plan of operation and application for a large scale commercial mining

• license. The mining license has a term of 25 years

and covers a 400 hectare block with no limitations on tonnage and production of gold. The license also allows for expansion of the area over time

• Currently the Company is in discussions with Ngali

Holdings, the Rwandan state owned investment holding company (http://ngali.com). The Company is negotiating the heads of terms of a funding arrangement between the two parties to finance the development and construction of the proposed mining operation at Byumba

• The Company is actively applying for other

prospective gold exploration properties in the area of interest surrounding the Byumba deposit

Byumba Mining license Border

Byumba Gold Deposit

Byumba Plan of Operations

• 1. Initiate UG Mine with a 250 m Adit, driven

horizontally into the mountain.

• 2. Construct Coarse Ore Storage, Crushing Plant,

and Fine Ore Storage bins.

• 3. Construct Deslime & Wet Rolls circuit.
• 4. Construct Gravity Spirals circuit.
• 5. Construct Gravity Tables circuit.
• 6. Construct Refinery & Lab.
• 7. Construction Carbon circuit.
• 8. Construct Leach Thickeners.
• 9. Construct Tails Trmt circuit.
• 10. Construct Tails Ponds off-site.
• 11. UG Mining at 150 tpd from Adit #1.
• 12. Initiate Adit #2 250m N of #1.
• 13. Install Vent Raise betw Adit #1&2.
• 14. Expand mining rate to 300 tpd.
• 15. Explore for deeper ore beneath Adit #1 and

Adit #2.

• 16. Initiate Adit #3 250m S of #1.
• 17. Install Vent Raise betw Adit #1&3.
• 18. Maintain operations at 300 tpd with 3 crews

working 5 days per week. 3 1 2 COS 2 CP 2 FOS 5 6 4 7 8 9

Financing & Use of Proceeds

Investment amount CDN $1 million Unit price CDN $0.25 Warrant exercise price CDN $0.30 Warrant term 5 years Dilution factor (new equity) 19.13% Desert Gold is seeking an equity investment of CDN $1 million by way of private placement in the common stock of the company. Proceeds from the funding will be used to advance certain projects in the company’s portfolio as per the use of proceeds schedule below. The company will issue up to 4 million units at a price of CDN $0.25 per unit with each unit consisting of 1 common share and 1 common share purchase warrant of the

• company. Each warrant will entitle the holder to purchase 1

common share of the company at an exercise price of CDN $0.30 for a period of up to 5 years.

Terms of Financing Summary of Offering

Use of Proceeds Schedule – Financing Q4 2016

Byumba (Rwanda) phase 1 adit construction $300,000 Working capital (9 months) $200,000 Segala West (Mali) exploration phase 1 - trenching & mag $125,000 Accrued payables $100,000 IR & marketing $100,000 Byumba (Rwanda) mine plan detailed engineering $100,000 Farabantourou (Mali) mining plan & permitting $75,000 Total $1,000,000

Investment Highlights

• Farabantourou can develop into a world class gold deposit and represents an excellent

take-over target for neighboring major producers such as AngloAshanti and Randgold

• Segala West sits on the doorstep of 2 prolific mining operations. Exploration and

artisanal mining at Segala West clearly indicates that mineralization from neighboring mines extends onto Desert Gold’s property. A targeted drill program will prove the existence of these mineralized trends at depth and will be a catalyst in formalizing discussions with Randgold and Endeavour Mining

• Djimbala is surrounded by Hummingbird Resources’ Komana play targeting 2 Moz au.

Opportunity for JV with Hummingbird Resources is a strong possibility given positive

• utcome of initial exploration program and presence of significant artisanal mining
• Byumba project, now fully licensed and permitted, shows robust economics and the

potential to generate great returns for investors.

• Negotiating MOU with Rwandan state owned investment holding company Ngali

Holdings to secure project funding for Byumba mine operation