Desoto Resources Ltd. (AU:DES) has released an update.
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DeSoto Resources Ltd. has been awarded drilling grants by the Northern Territory government, receiving $228,000 for exploration at the Spectrum and Fenton Projects. These funds will support drilling at both brownfield and greenfield targets, with a total of over $320,000 in grants allocated to the company for Northern Territory exploration in the last year. The grants underscore the region’s supportive stance towards mining and exploration activities.
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