The Company is currently reviewing the results of the surface exploration program of soil and rock geochemical surveys, sampling of mineralized showings at surface and detailed geological mapping that was completed to the north, west and east of the KW deposit, the most northerly of the Goldbanks deposits, where the favorable basement host is known to be the closest to surface. This program has identified areas of epithermal alteration and associated mineralization at surface in the underlying basement as was projected to the north of the existing deposits. The results of the soil geochemical sampling have expanded the area of anomalous gold in soils and established new targets that will be the focus of ongoing exploration. A program of trenching and sampling followed by drilling will be conducted to evaluate these areas that may indicate possible extensions of the mineralization currently defined by the adjacent KW Deposit.

Desert Gold is also finalizing an updated independent engineering report to establish a resource for the Goldbanks deposits that conforms to the current 43-101 regulations. Previous studies by Kinross, which have formed part of Desert Gold's ongoing programs on the Property, indicated the presence of a significant resource contained with the Main, Cube and KW deposits. The updated report, which is expected to be completed shortly, will accurately define the resource on the Property and provide further direction for ongoing exploration and development of these deposits and the extensions. The Company is operator of the program and Jim Miller-Tait P. Geo, Qualified Person as defined by NI 43-101, is responsible for the design and implementation of the program.

Desert Gold also wishes to announce that as part of its Annual and Special General Meeting held on January 11, 2006, shareholders unanimously approved a special resolution to consolidate all of the issued common shares of Desert Gold (of which 44,728,532 are currently outstanding) on the basis of 8 pre-consolidated common shares to 1 post-consolidated common share. Desert Gold is currently pursuing financing to further exploration of its Goldbanks Property in Nevada and it believes that the share consolidation increases the prospects of successfully completing this financing.

On Behalf of the Board of Directors:

Signed "Donald R. Sheldon"

Donald R. Sheldon, President

For further information on Desert Gold Ventures Inc. please visit our website at: www.desertgold.ca

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

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