Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Desert Metals Ltd (DM1.ASX) |
|---|---|
| Release Time | 31 Oct 2025, 4:14 p.m. |
| Price Sensitive | Yes |
Quarterly Activities/Appendix 5B Cash Flow Report
- 17 diamond holes for 3,472m completed at the King Kong prospect on the Adzope gold project in southern Côte d'Ivoire
- 15 holes intersected gold mineralisation, confirming the potential to host a significant, high-grade gold system
- Ground geophysics survey completed at the Tiogo and Kakologo gold prospects in the Tengrela South permit
Desert Metals reported on the second diamond drilling program at the King Kong prospect on the Adzope gold project in southern Côte d'Ivoire during the quarter. The company completed 17 diamond holes for 3,472m to follow up previous gold intersections over the interpreted +1.4km long gold corridor, which included the King Kong discovery intercept of 17m at 7.5g/t Au from 190m vertical below surface. Fifteen of 17 holes intersected gold mineralisation over a +1.2km strike length, confirming the potential to host a significant, high-grade gold system. High-grade results included 3m at 20.6g/t gold from 114m, 2m at 16.9g/t gold from 273m, and 7.5m at 3.52g/t gold from 37m. The identification of significant free gold within the mineralised system, part of the expanded +3km long gold corridor, and the presence of free gold in high-grade intercepts at depth, establishes a new geological target for future drilling campaigns. The southern parallel zone, which exhibits a pronounced correlation between mineralisation, chargeability anomalies and gold-in-soil geochemical signatures, has been designated as a target for a dedicated drilling campaign in the upcoming exploration phase. Desert Metals also aims to undertake exploration across the broader Adzope Project area in 2026, including regional stream sediment sampling. At the Tengrela South gold project in northern Côte d'Ivoire, the company completed a ground geophysics program of GAIP to follow-up on the promising results from the initial aircore drilling program, which identified chargeability and resistivity anomalies in the underlying bedrock that may reflect sulphide-bearing silicified vein systems. Desert Metals is planning follow-up aircore and RC drilling at the Tiogo and Kakologo targets.