Desert Metals Ltd. Quarterly Activities Report
Key points
- Significant gold anomalies discovered at Adzope and Tengrela South permits
- Maiden soil sampling at Nyan prospect reveals high-grade gold zones
- Acquisition of Agboville permits adds to exploration portfolio
- Fully underwritten Entitlement Offer completed, raising $325,377
Full summary
Desert Metals Ltd. reported exceptional gold-in-soil results from the Nyan prospect at the Adzope Permit in southern Côte d'Ivoire, with a +7km gold-in-soil anomaly. At Tengrela South, aircore drilling extended the Tiogo gold corridor, with high-grade results including 4m at 19.48g/t gold. The company also acquired 100% ownership of the Agboville gold-lithium project, securing two permits covering ~598km². A fully underwritten Entitlement Offer raised $325,377, and the company plans further exploration and drilling to test new targets.
Outlook
The company plans to conduct infill soil sampling, ground geophysics, and drilling programs to test new gold targets and evaluate the potential of the acquired Agboville permits.
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