(Source: Marketwire)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 14, 2008) - Desert Gold Ventures Inc. ("Desert Gold" or the "Company") (TSX VENTURE:DAU) is pleased to announce that initial assay results from a major drilling program underway on the Goldbanks Property in Nevada, USA, have given highly encouraging results of 0.44 oz/ton Au over 5 feet and 0.21 oz/ton Au over 15 feet from drill hole GB08- 01. This hole is related structurally to the previous high-grade intercept in hole KW-19 containing 10 feet at 0.460 oz/ton Au from 395-405 feet (see table below for past high grade results). This is the initial result for only 1 completed core hole - GB08-01. We are waiting for the results from 2 other completed holes. A total of 24 holes have been completed or are currently in progress. We expect to be showing results over the next 3 months from a total of 60-65 holes targeting the basement rock ranging from 400-1200 feet.
These initial results are consistent with the interpretation that the newly defined KW Fault Zone is a major structural zone that was a focus of epithermal quartz veining and gold mineralization ("KW Zone") that can be followed along strike and down-dip, the limits of which are yet to be determined. To date the Assay results received from 3 holes (one complete GB08-01 and two partial complete assays) confirm that the zone is gold-bearing.
The drilling program to date is designed to determine the principal control(s) of the high grade feeder veins that were poorly defined by previous drilling. Detailed cross sections based on logging of old drill holes by Company Geologists strongly suggest that a northwest-trending and southwest-dipping fault zone ("KW Fault Zone") is a principal mineralization control. Each of 7 core holes drilled on the hanging wall side of this projected structural zone over a strike length of 1,800 feet, have intersected one or more major fault-breccia-fracture zone(s) that confirm the presence of such a structural corridor. This drilling program is focused on the northern part of the Property in the vicinity of the known KW Zone mineralization.
The main focus of the current drill program is to test the high grade feeder system, evident throughout the zones of gold mineralization that may link two proximal geophysical anomalies and a large high priority near surface target north and west of the historic gold deposits. Analytical results have been slow in coming at the height of the summer exploration season, although it is expected that sample turn-around will decrease this fall and additional assays of completed holes are expected very soon. These holes are part of the 30,000 feet RC drilling and 25,000 feet HQ core drilling, part of the $2.89 million exploration program.