Drilling Recommences in the Siguiri
Open PDF
| Stock | Desoto Resources Ltd (DES.ASX) |
|---|---|
| Release Time | 6 Aug 2026, 8:21 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
DeSoto Resumes Drilling in Siguiri, Guinea
Key Points
- Fieldwork recommences in Guinea after government action against illegal mining.
- 485-hole, 10,000m Power Auger drilling program at Timbakouna.
- Geophysical survey covers 6,262-line kilometres across multiple areas.
Full Summary
DeSoto Resources Limited (ASX: DES) has announced the recommencement of field activities in Guinea, including drilling, geophysical surveys, and fieldwork. The resumption follows a positive engagement with the Government of Guinea, which took action against illegal mining activities. The Company has restarted a 485-hole, 10,000m Power Auger drilling program at the Timbakouna Gold Project, targeting historic intercepts. Additionally, a geophysical survey is underway across multiple areas, covering 6,262-line kilometres to produce magnetic and radiometric datasets for drill targeting.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In