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DeSoto Resources Limited (ASX:DES)

ALERT: Price-sensitive ASX Announcement for DES
Current share price for DES : $0.115 -0.005 (-4.17%)+
Announcement
Release
26 May 2026 8:35AM
Price at Release
$0.120
Full Release
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Summary
DeSoto Resources Limited has successfully completed Bulk Leach Extractable Gold (BLEG) stream sediment sampling programs across several projects in the Southwest Siguiri region. These programs covered a significant area of 687 km², targeting the Dalaban, Woussoubadou, Branama, Doutila, Moussaya, and Yarakoyura projects. A total of 143 samples have been sent to Bureau Veritas Laboratories for analysis. The BLEG technique is used to detect gold anomalies efficiently across wide areas, minimizing the influence of nuggety gold. This initiative marks the first systematic exploration in the area, managed by a specialist technician. The projects are strategically positioned within the Siguiri Gold Mineralisation Trend, adjacent to notable gold deposits like AngloGold Ashanti’s Siguiri Mine and Asara's Kada Project. Results from this program will guide further exploration activities including mapping and drilling.
Key Points
  • Completed BLEG stream sediment sampling over 687 km².
  • 143 samples submitted for assay to Bureau Veritas Laboratories.
  • BLEG technique reduces nuggety gold impact.
  • Projects located within Siguiri Gold Mineralisation Trend.
  • First systematic exploration in project area.
  • Further exploration to include mapping, auger sampling, and drilling.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.