tiprankstipranks
Trending News
More News >

Desert Metals Identifies Promising Gold Zone at Tengrela South

Story Highlights
Desert Metals Identifies Promising Gold Zone at Tengrela South

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App