DeSoto Resources Limited Accelerates West African Gold Exploration with 3.7km Anomaly Extension and Breakthrough Drill Targets in Guinea's Siguiri Basin

Thursday, May 22, 2025
at
8:19 am
Article header image

DeSoto Resources Limited extends gold anomalies to 3.7km at Timbakouna and uncovers new targets at Dadjan. Active drilling and sampling across West Africa signal potential for breakthrough gold discoveries, fueling optimism for robust near-term growth.

DeSoto Resources Limited announced significant advances at its West African gold exploration projects in Guinea’s Siguiri Basin. Field teams have extended the western gold-in-soil anomaly at the Timbakouna Gold Project to 3.7 kilometers, with rock chip sampling yielding encouraging results including a standout 9.20 g/t gold result. Alongside this, additional sampling and power auger drilling are underway, with approval already granted by the Ministry of Mines, marking a key step toward advancing drill testing of these expansive soil anomalies. At the Dadjan Gold Project, a new 1.6‑kilometer gold in soil anomaly has emerged east of a central 3.6‑kilometer mineralized zone. The exploration team has completed 161 holes totaling 1,842 meters of power auger drilling at Dadjan, with over 1,000 composite samples submitted for laboratory analysis. Drilling has also commenced on the emerging Grand Plateau area where an additional 260 holes for around 2,800 meters of drilling are planned. Sampling efforts continue as crews collect rock chip and dump samples along critical structural corridors where mineralization appears hosted within quartz veins and quartz-hematite breccias. Other projects in the portfolio, including Tole and Moiko/Alamankono, are also progressing. At Tole, 210 planned holes with approximately 2,500 meters of power auger drilling have been initiated, while sampling at Moiko/Alamankono has concluded with a comprehensive set of stream, rock chip, and dump samples. In total, over 1,370 samples have been submitted to a local laboratory, ensuring rapid turnaround times that are enabling near real-time geological reviews and target refinement across the company’s extensive land package—the fifth largest in the Siguiri Basin. The company’s exploration strategy is methodically driven by robust technical programs and an experienced on-ground team. This broad-scale, structural approach is intended to unmask the region’s potential for large, mineralized gold systems. In a statement, Managing Director Chris Swallow expressed confidence, noting the rapid advancements and the expectation for a steady flow of drill results in the coming weeks, which will further inform the ongoing exploration efforts across the 14 projects held in an underexplored but highly prospective gold belt. Bullish sentiment centers on DeSoto Resources Limited’s strong exploration activity and the clear indications of extensive gold mineralization across multiple projects, which could position the company as a key player in unlocking a major West African gold discovery. However, bearish caution remains as the momentum thus far is based on early-stage assay results and pending drill data. Risk-averse investors might note that until the drilling outcomes are confirmed, the exploration stage continues to carry inherent uncertainties inherent to early mineral exploration.

Document

Recent Articles