DeSoto Resources Limited Uncovers High-Grade Gold Zones with a 4,200m Power Auger Drill Program in Guinea’s Siguiri Basin

Tuesday, June 24, 2025
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8:27 am
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Desoto Resources Limited reports encouraging gold exploration results from shallow power auger drilling at its Dadjan project in Guinea. High-grade intercepts and promising trends at Timbakouna signal strong potential, supported by proactive local government engagement, as the company advances its exploration in the fertile West African Birimian region.

DeSoto Resources Limited has released a detailed report outlining promising early exploration results from its Dadjan and Timbakouna Gold Projects in Guinea’s Siguiri Basin. The company completed a 4,200‐meter shallow power auger drilling program consisting of 356 holes at the Dadjan Main Zone and Grand Plateau prospects. Notable assay data include intercepts such as 4 meters at 7.08 grams per tonne gold from a shallow interval and other significant high‐grade readings. The auger drilling confirmed an approximate 3,700-meter strike of elevated gold levels, emphasized by consistent gold anomalism along a north‐east trending structural corridor. The technical results suggest that the shallow drilling method, with an average hole depth of 11.8 meters, has successfully identified zones of coherent gold mineralisation in both saprolite and laterite. In addition to the auger program, the company is continuing power auger drilling at Tole with two rigs, while infill drilling is underway at Dadjan to further delineate the high-grade zones. Simultaneously, both dump and rock chip sampling are underway at Dadjan and Tole, with additional artisanal gold workings noted across the project area. At the Timbakouna project, rock chip and dump sampling have been completed, and assay results are pending as the company awaits the Ministry of Mines’ approval to commence further power auger drilling. The announcement also detailed recent high-level discussions in Conakry between DeSoto Resources Limited’s senior executives and key officials from Guinea’s Ministry of Mines and Geology, as well as the Centre de Promotion et de Développement Minier de Guinée. These meetings reinforced the company’s commitment to full compliance with local regulations and highlighted a favorable governmental stance toward enforcing exploration and exploitation licenses. This local engagement, combined with the company’s expansive land holdings—the fifth largest in the basin—and active target generation across multiple permits, has reiterated its strategic approach towards identifying a potential world-class gold deposit. Bullish sentiment is fueled by the encouraging geochemical trends and the confirmation of a continuous gold anomaly over an extensive strike length. The early high-grade intercepts, the systematic approach to drilling and sampling, and positive engagements with government officials suggest that DeSoto Resources Limited is well positioned to advance its exploration program. The strategic targeting using a structured minerals system approach further bolsters the outlook for hitting a significant discovery that could drive long-term value. On the other hand, some caution remains as the exploration is still in its early stages. Although the shallow auger drilling has identified promising zones, uncertainties around true width of the mineralisation and pending assay results from Timbakouna mean that future drilling—including air core and reverse circulation programs—will be critical to confirm the deposit’s continuity and economic viability. Additionally, while positive government interactions are noted, tight regulatory enforcement in Guinea could pose operational challenges if compliance is not maintained.

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