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DeSoto and Fortuna Launch $12.5M JV to Unlock Guinea’s Gold Potential
8:42am on Wednesday 1st of October, 2025 AEST
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Mining
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DeSoto and Fortuna Launch $12.5M JV to Unlock Guinea’s Gold Potential
8:42am on Wednesday 1st of October, 2025 AEST
Key Points
Binding Heads of Agreement signed for exploration alliance in Guinea
Fortuna to fund up to US$12.5 million over three years for exploration
Joint venture split, 70% Fortuna, 30% DeSoto
JV excludes DeSoto’s existing tenements and allows independent projects
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