The latest announcement is out from Desoto Resources Ltd. ( (AU:DES) ).
DeSoto Resources Ltd. has announced a strategic acquisition of a high-grade gold exploration portfolio in Guinea’s Siguiri Basin, comprising 14 gold projects and three additional projects in the Gaoual Gold Belt. This acquisition is expected to bolster DeSoto’s exploration capabilities in the region, leveraging the expertise of the team responsible for the 5.4Moz Bankan Gold Discovery. With firm bids for funding secured, the company is well-capitalized to advance its drilling programs, aiming for new gold discoveries in a favorable market environment.
More about Desoto Resources Ltd.
DeSoto Resources Limited, listed on the ASX under the ticker DES, is a company focused on gold exploration with operations in West Africa. The company is led by experienced geologists and industry veterans, including the founders of Predictive Discovery, known for significant gold discoveries in the region.
YTD Price Performance: 31.25%
Average Trading Volume: 110,968
Technical Sentiment Consensus Rating: Sell
See more data about DES stock on TipRanks’ Stock Analysis page.