First results show potential for a large gold system

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Stock Desoto Resources Ltd (DES.ASX)
Release Time 22 Dec 2025, 8:49 a.m.
Price Sensitive Yes
 First results show potential for a large gold system
Key Points
  • Initial reconnaissance drilling at Dadjan and Tole returns encouraging gold results
  • Shallow and wide-spaced RC drilling suggests potential for a large gold mineralised system
  • Regional exploration programs, including soil sampling and BLEG, underway to define additional targets
Full Summary

DeSoto Resources Ltd has announced assay results from its initial reconnaissance drilling programs at the Dadjan and Tole projects in Guinea. The shallow and wide-spaced RC drilling has returned a number of significant gold intersections, including 1m at 318 g/t Au, 5m at 5.15 g/t Au, and 2m at 3.64 g/t Au. These results suggest the potential for a large gold mineralised system across DeSoto's 470 km2 contiguous landholding in the South-central Siguiri region. The company is now moving forward with a phased, low-cost approach to systematically explore the broader tenement package, including regional soil geochemistry, BLEG sampling, and drone magnetics to rapidly refine priority targets and define structural controls. This work will support further drilling to advance multiple prospects within this highly prospective gold belt. DeSoto has also highlighted the importance of the early exploration programs in securing and expanding its ground position during recent mining cadastre reforms in Guinea.

Outlook

DeSoto is scaling up regional exploration programs, including soil sampling, BLEG, and airborne magnetics, to rapidly define additional targets across its 470 km2 landholding in the Siguiri Basin. Further drilling will be undertaken once these programs have delineated priority prospects for follow-up.