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An announcement from Desert Metals Ltd. ( (AU:DM1) ) is now available.
Desert Metals Limited has announced promising results from their initial phase of diamond drilling at the King Kong prospect in Côte d’Ivoire, revealing multiple high-grade gold intercepts. The drilling program has confirmed a significant gold system over a 1.4km strike length, with plans for further exploration to assess the potential of a 3km gold corridor and additional structures. These findings suggest a substantial impact on the company’s operations and potential value for stakeholders.
More about Desert Metals Ltd.
Desert Metals Limited is a company operating in the mining industry, focusing on the exploration and development of gold resources. Their primary market focus is on high-grade gold systems, with significant operations in Côte d’Ivoire.
Average Trading Volume: 1,608,347
Technical Sentiment Signal: Buy
Current Market Cap: A$12.83M
For a thorough assessment of DM1 stock, go to TipRanks’ Stock Analysis page.