DES Price sensitive 10 Feb 2026, 9:02 AM

Corporate Presentation - Mining INDABA

Desoto Resources Ltd

Corporate Presentation - Mining INDABA

Key points

  • Dominant land position in Guinea's Siguiri Basin
  • Expanding greenfields exploration pipeline
  • Elephant country with potential for large gold systems

Full summary

DeSoto Resources Ltd, an ASX-listed explorer, has presented its corporate update, highlighting its dominant land position and expanding greenfields exploration pipeline in Guinea's Siguiri Basin. The company is led by experienced industry veterans, including former Predictive Discovery (ASX:PDI) Managing Director Paul Roberts, who was responsible for the 5.4Moz Bankan gold project discovery. DeSoto has assembled a 1,300 km² land package in the Siguiri Basin, a highly prospective region known as 'elephant country' due to its potential for large gold system discoveries. The company's exploration strategy involves a systematic approach, including mapping, BLEG stream sediment, soils, and auger programs, followed by trenching and drilling. Recent drilling results from the Dadjan and Tolé projects have confirmed the potential for a large gold system, with high-grade intercepts reported. DeSoto has also secured a strategic exploration alliance with Fortuna Mining, which will provide US$12.5 million in sole-funding to advance the company's Siguiri Basin portfolio. With a strong treasury and an experienced team, DeSoto is well-positioned to continue its greenfields exploration and potentially make the next major gold discovery in the region.

Outlook

DeSoto is focused on advancing its 17-project exploration portfolio in the Siguiri Basin through systematic geochemical surveys, trenching, and drilling programs. The company aims to continuously generate and test new greenfield targets, with the potential to unlock a large-scale gold discovery in this highly prospective region.

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