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An update from Desoto Resources Ltd. ( (AU:DES) ) is now available.
DeSoto Resources Limited has commenced on-ground exploration in the Siguiri Basin, Guinea, targeting the Timbakouna, Dadjan, and Tole permits. The company is conducting soil and dump sampling programs to guide initial drill programs and has launched an environmental study to expedite drill permitting. Historical drilling results from the Gbonko 2 permit show promising gold mineralization, necessitating further exploration. DeSoto is also working on expanding its mineral tenure and assessing acquisition opportunities in the region. The exploration efforts are led by Aime Nganare, the new Africa Exploration Manager.
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 primarily engaged in gold exploration projects, with a significant focus on the Siguiri Basin in Guinea.
YTD Price Performance: 33.33%
Average Trading Volume: 206,819
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on DES stock on TipRanks’ Stock Analysis page.
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