Desoto Resources Ltd. ( (AU:DES) ) just unveiled an update.
DeSoto Resources Limited has expanded its portfolio by acquiring high-grade gold projects in Guinea’s Siguiri Basin, marking a strategic return to West Africa. The company is preparing for drilling at its Spectrum and Fenton Projects in the Northern Territory, with significant rare-earth enrichment identified. DeSoto has secured necessary approvals and funding, positioning itself strongly for upcoming exploration activities.
More about Desoto Resources Ltd.
DeSoto Resources Limited operates in the mining industry, focusing on the exploration and development of gold and rare-earth elements. The company has projects in Guinea’s Siguiri Basin and the Northern Territory of Australia, with a strategic emphasis on high-grade gold and rare-earth element discoveries.
YTD Price Performance: 46.67%
Average Trading Volume: 325,695
Technical Sentiment Signal: Strong Sell
Learn more about DES stock on TipRanks’ Stock Analysis page.