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Desoto Resources Ltd. ( (AU:DES) ) just unveiled an announcement.
DeSoto Resources Limited has announced the receipt of final shallow power auger results from its Dadjan Gold Project, revealing significant gold-bearing zones. The results include notable gold assays, confirming the presence of substantial mineralization at the Dadjan Grand Plateau. The company has initiated a trenching program and is conducting further soil sampling to explore these zones. Additionally, DeSoto is advancing exploration efforts across its extensive land holdings in the Siguiri Basin, with ongoing programs at Tole, Moiko, Alamankono, and other projects, which are expected to enhance its positioning in the region.
More about Desoto Resources Ltd.
DeSoto Resources Limited is a company engaged in the exploration of mineral resources, primarily focusing on gold exploration projects. The company operates in the Siguiri Basin in Guinea, where it holds a significant land position and is actively involved in various exploration projects including Dadjan, Tole, Moiko, Alamankono, Oromo, Falama, and Dabidiana.
Average Trading Volume: 633,829
Technical Sentiment Signal: Buy
Current Market Cap: A$26.14M
For an in-depth examination of DES stock, go to TipRanks’ Overview page.