DeSoto Resources Expands Guinea Gold Portfolio as Exploration Accelerates in Siguiri Basin

Desoto Resources Ltd. ( (AU:DES) ) has issued an announcement.

DeSoto Resources has expanded its Guinea footprint by agreeing to acquire the Yarakoura, Doutila and Moussaya projects from local partner United Mining SARL, adding 290 square kilometres on the western flank of its Siguiri Basin focus area and consolidating ground contiguous with its Moiko and Alamakono authorisations. The new assets, currently being converted from reconnaissance authorisations to exploration permits, position DeSoto to capitalise on Guinea’s modernised, fully digital mining cadastre as it pursues further applications and acquisitions to grow its pipeline of gold targets.

Following a late-2025 maiden drilling program at the Dadjan and Tolé projects that confirmed the presence of a large gold system, DeSoto has restarted field execution to generate additional targets across its 17-project South Siguiri portfolio. Led by its in-country manager and local team, the company is conducting BLEG, soil sampling and power auger programs over more than 11 permits, signalling an acceleration of exploration activity aimed at defining new prospects and enhancing the value of its regional holdings.

The most recent analyst rating on (AU:DES) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Desoto Resources Ltd. stock, see the AU:DES Stock Forecast page.

More about Desoto Resources Ltd.

DeSoto Resources Ltd. is an Australian-listed mineral exploration company focused on gold exploration in Guinea’s Siguiri Basin. The company is building a large portfolio of permits and reconnaissance authorisations across the South Siguiri region, targeting structural intersections and underexplored ground to define significant gold systems.

Average Trading Volume: 538,655

Technical Sentiment Signal: Hold

Current Market Cap: A$41.52M

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