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Desoto Resources Ltd. ( (AU:DES) ) has issued an update.
DeSoto Resources Limited has announced promising exploration results from its Tole and Dadjan Gold Projects. At the Tole Project, two new zones of gold-in-soil anomalies have been identified, with soil assay results showing up to 8.08 g/t Au, supporting the decision to commence a maiden RC drilling program. The Dadjan Project also yielded significant rock chip assay results, with values reaching up to 9.26 g/t Au, indicating widespread mineralization and encouraging further exploration efforts. These developments enhance the company’s positioning in the gold exploration industry and may have positive implications for stakeholders.
More about Desoto Resources Ltd.
DeSoto Resources Limited is a company engaged in the exploration and development of mineral resources, focusing primarily on gold projects. The company is actively working on its Tole and Dadjan Gold Projects, aiming to identify and develop significant gold deposits.
Average Trading Volume: 439,129
Technical Sentiment Signal: Buy
Current Market Cap: A$34.54M
See more insights into DES stock on TipRanks’ Stock Analysis page.