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An announcement from Desoto Resources Ltd. ( (AU:DES) ) is now available.
Desoto Resources Ltd. has announced significant assay results from its power auger drilling program at the Tole Project in Guinea, revealing high-grade gold findings, including 8m at 18.03 g/t Au from the surface. The results highlight two coherent zones of gold anomalism, indicating substantial exploration potential. Additionally, the Timbakouna and Dadjan Gold Projects have shown promising gold in soil anomalism, with further drilling and sampling planned. These developments position Desoto Resources as a key player in the Siguiri Basin, with the potential for substantial tenure growth and exploration success.
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 actively engaged in projects within the Siguiri Basin in Guinea, with a significant emphasis on identifying and developing high-grade gold resources.
Average Trading Volume: 585,792
Technical Sentiment Signal: Buy
Current Market Cap: A$21.47M
For a thorough assessment of DES stock, go to TipRanks’ Stock Analysis page.