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Desoto Resources Ltd. ( (AU:DES) ) has provided an update.
Desoto Resources Ltd. has announced the extension of a gold-in-soil anomaly at its Dadjan Gold Project to 3.6km, following ongoing rock chip and dump sampling programs. The company also reported promising high-grade gold results from its Timbakouna Gold Project, with three mineralized zones identified. Desoto is actively conducting power auger drilling and sampling across its projects, with further assay results pending. These developments underscore Desoto’s strategic focus on expanding its exploration footprint in the Siguiri Basin, potentially enhancing its market position and offering significant implications for stakeholders.
More about Desoto Resources Ltd.
Desoto Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold projects. The company is one of the largest landholders in the Siguiri Basin, Guinea, and is engaged in multiple projects across the region, including Dadjan, Tole, and Timbakouna.
Average Trading Volume: 418,223
Technical Sentiment Signal: Strong Buy
Find detailed analytics on DES stock on TipRanks’ Stock Analysis page.