New Targets Emerge at Timbakouna
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| Stock | Desoto Resources Ltd (DES.ASX) |
|---|---|
| Release Time | 21 May 2026, 8:52 a.m. |
| Price Sensitive | Yes |
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New Targets Emerge at Timbakouna
Key Points
- Two priority areas identified for follow-up work at Timbakouna
- Area A: 800m-long soil anomaly with historical gold intercepts
- Area B: Two coherent soil anomalies up to 950m long
- Infill soil sampling completed ahead of airborne magnetics survey
- Timbakouna is fully permitted for drilling
Full Summary
DeSoto Resources Limited (ASX:DES) has identified two priority areas for follow-up work at its Timbakouna Project in Guinea. Area A features an 800m-long soil anomaly, while Area B contains two coherent soil anomalies up to 950m long. Infill soil sampling has been completed across both targets, and an airborne magnetics survey is expected to commence in the coming weeks. Timbakouna is fully permitted for drilling, and the company plans to undertake power auger drilling to sample saprolite derived from bedrock. The project is located on the eastern margins of Guinea's Siguiri Basin, which is known for its gold endowment.
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