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How Will Desert Minerals’ $5M IPO Fuel Its 2026 Drilling Ambitions?
8:34am on Friday 30th of January, 2026 AEDT
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How Will Desert Minerals’ $5M IPO Fuel Its 2026 Drilling Ambitions?
8:34am on Friday 30th of January, 2026 AEDT
Key Points
Completed $5 million IPO, listing on ASX with ~26 million shares
Advancing drill preparations at Mt Monger Gold and Scotty Lithium projects
Maiden drilling planned for Q1 2026 targeting JORC-compliant resources
Strong cash position of approximately A$4.1 million at quarter end
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Desert Minerals (ASX:DSM)
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