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GBC AG reiterates Buy on Desert Gold Ventures, sets target price at CAD 0.93

PUBT·10/08/2026 12:31:11
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GBC AG reiterates Buy on Desert Gold Ventures, sets target price at CAD 0.93
  • GBC AG reiterated a Buy rating on Desert Gold Ventures, setting a target price of CAD 0.93 through Dec. 31, 2027.
  • Report cited progress at the Barani East project in western Mali, with a 200-tonne-per-day gravity plant and 650 kVA generator delivered.
  • Commissioning timeline shifted to late October, with ramp-up and initial processing expected in November, about three to four months later.
  • Analysts flagged execution risks ahead of first gold recovery in Q4 2026, including water supply reliability and working-capital needs during ramp-up.
  • Funding optionality highlighted from outstanding warrants, including 15,830,000 at CAD 0.08 and 44,890,000 at CAD 0.12.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Desert Gold Ventures Inc. published the original content used to generate this news brief via EQS News (Ref. ID: rc_27044) on October 08, 2026, and is solely responsible for the information contained therein.