Latest Desoto Resources (ASX:DES) News

Speculative resources names drove the biggest moves this week, with Patriot Resources, Brazilian Critical Minerals and Rent.com.au leading the gainers. At the other end, Qoria, SQX Resources and 4DMedical fell hard as capital raisings, weak follow-through and post-gap selling hit sentiment.

Silver, rare earths and select critical minerals led this week’s winners, while lithium names and several larger producers slipped despite busy news flow. Big resource upgrades, fresh funding and cleaner processing routes drew buyers, but many early gaps failed to hold.

DeSoto Resources significantly increased its exploration ground in Guinea's Siguiri Basin, adding 532km2 and identifying a 9km-long artisanal gold zone with assays up to 15.2g/t Au. The company maintains a robust cash position of A$11 million to support accelerated exploration.

DeSoto Resources has reported strong gold assay results from artisanal workings at its Timbakouna Project and extensive soil sampling across multiple permits in Guinea’s prolific Siguiri Basin, underpinning plans for follow-up drilling and geophysical surveys.

DeSoto Resources has significantly increased its exploration ground in Guinea by acquiring three new projects along the prolific Siguiri Gold Mineralisation Trend, positioning itself for district-scale gold discoveries.

DeSoto Resources has identified a substantial 9km-long artisanal gold mining zone at its Koba Project in Guinea’s Siguiri Basin, with high-grade samples up to 15.2g/t Au and ongoing exploration activities underway.

DeSoto Resources has confirmed high-grade gold mineralisation in maiden drilling at its expansive Siguiri Basin projects in Guinea, backed by a strong treasury and a US$12.5 million funded alliance with Fortuna Mining.

DeSoto Resources has significantly expanded its footprint in Guinea’s prolific Siguiri Basin by acquiring three new reconnaissance projects and advancing multiple exploration programs across its portfolio.

DeSoto Resources has advanced its exploration in Guinea’s Siguiri Basin with a new JV alongside Fortuna Mining and impressive high-grade gold intercepts, supported by a recent $14 million capital raise.

DeSoto Resources has completed a 4,388-metre drilling program at its Spectrum Project in Australia's Northern Territory, revealing limited gold and rare earth element mineralization. The company will now pivot its exploration efforts to its Siguiri Basin Projects in Guinea, while exploring joint venture or divestment options for its Northern Territory assets.

DeSoto Resources reports promising initial gold assay results from its maiden drilling program at Dadjan and Tolé in Guinea, highlighting the potential for a large gold system within its extensive landholding.

DeSoto Resources has completed extensive drilling and sampling programs across its Guinea and Northern Territory projects, with assay results pending and new exploration permits approved to expand its footprint in the Siguiri Basin.