Latest Desoto Resources (ASX:DES) News

DeSoto Resources has reported compelling high-grade gold intercepts in Guinea’s Siguiri Basin alongside a $14 million capital raise and a strategic joint venture to accelerate exploration.

DeSoto Resources has initiated its first-ever reverse circulation drilling at the historically artisanal Dadjan Gold Project and commenced power auger drilling at the Tole Gold Project in Guinea, unveiling promising early assay results.

DeSoto Resources has secured A$14 million to advance drilling programs in Guinea’s prolific Siguiri Basin and Australia’s Northern Territory, backed by a strategic JV with Fortuna Mining Corp. Historic high-grade gold intercepts and a strong cash position set the stage for a pivotal exploration phase.

DeSoto Resources has raised A$14 million in a strongly supported placement to fund its maiden drilling program in Guinea’s prolific Siguiri Basin, backed by a notable cornerstone investor and institutional interest.

DeSoto Resources has partnered with Fortuna Mining to form a $12.5 million joint venture targeting new gold exploration permits in Guinea’s prolific Siguiri Basin. The alliance leverages local expertise and significant funding to pursue large-scale discoveries.

DeSoto Resources has identified promising new gold anomalous zones at its Tole and Dadjan projects in Guinea, with soil and rock chip assays confirming widespread mineralisation ahead of maiden drilling programs.

DeSoto Resources has reported the intersection of significant sulphide mineralisation in its ongoing drilling at the Spectrum Project in the Northern Territory, with assay results expected in October.

DeSoto Resources has revealed promising soil sampling results from its Tole and Dadjan projects in Guinea’s Siguiri Basin, identifying new gold anomaly zones that set the stage for upcoming maiden drilling campaigns.

DeSoto Resources reports promising high-grade trenching results from its Dadjan and Tole Gold Projects in Guinea, setting the stage for a 10,000m reverse circulation drilling program across multiple sites.

DeSoto Resources has secured a new reconnaissance permit for the Syncerus Gold Project in Guinea’s prolific Siguiri Basin, significantly expanding its exploration ground to over 1,000 square kilometres. The company is poised to accelerate fieldwork, leveraging a proven mineral systems approach to target multi-million-ounce gold deposits.

DeSoto Resources has ramped up exploration at its Northern Territory Spectrum Project, deploying a second drill rig and completing a significant deep hole at the Quantum Rare Earth Deposit.

DeSoto Resources has accelerated its exploration efforts with promising gold assay results in Guinea and initial rare earth drilling in Australia’s Northern Territory, supported by a strong cash position.