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The latest announcement is out from Desoto Resources Ltd. ( (AU:DES) ).
DeSoto Resources Limited has commenced diamond drilling at its Spectrum REE-Au-Cu Project in the Northern Territory, marking a significant step in its exploration efforts. The project is fully permitted for a 20-hole drilling program targeting geophysical anomalies and historic rare earth element discoveries. This initiative is part of DeSoto’s broader strategy to advance its mineral exploration activities across multiple regions, potentially enhancing its market position and offering promising opportunities for stakeholders.
More about Desoto Resources Ltd.
DeSoto Resources Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is involved in projects across two continents, with a notable presence in the Northern Territory of Australia and the Siguiri Basin in Guinea. Its primary focus includes rare earth elements, gold, and copper exploration.
Average Trading Volume: 657,830
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$25.14M
For detailed information about DES stock, go to TipRanks’ Stock Analysis page.