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Desert Metals Ltd. ( (AU:DM1) ) has shared an announcement.
Desert Metals Ltd. announced promising results from its first-pass aircore drilling at the Tengrela South gold project in Côte d’Ivoire, identifying a potential 900-meter gold zone at the Tiogo prospect. The discovery, located near Perseus Mining’s Sissingué gold mine, suggests the presence of a high-grade gold corridor, prompting immediate follow-up geophysical work to define further drilling targets. Additionally, the company has completed initial geophysical and sampling work at its King Kong prospect, with plans for diamond drilling at the Adzope project.
More about Desert Metals Ltd.
Desert Metals Limited is a company operating in the mining industry, focusing on gold exploration. It is engaged in identifying and developing gold prospects, with a particular emphasis on projects in Côte d’Ivoire.
Average Trading Volume: 1,345,700
Technical Sentiment Signal: Sell
Current Market Cap: A$7.52M
See more data about DM1 stock on TipRanks’ Stock Analysis page.