Jan 8 (Reuters) - Desert Gold Ventures Inc DAU.V :
* DESERT GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
* DESERT GOLD VENTURES INC - IT WILL CONDUCT A NON-BROKERED PRIVATE PLACEMENT OF UP TO 4 MILLION UNITS AT A PRICE OF CDN $0.25 PER UNIT
* DESERT GOLD VENTURES INC - PROCEEDS OF FINANCING WILL BE USED FOR DRILLING AND OTHER EXPLORATION ACTIVITIES AT COMPANY'S PROJECTS IN WESTERN MALI