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Desert Metals Limited (ASX:DM1)

ALERT: Price-sensitive ASX Announcement for DM1
Current share price for DM1 : $0.009 0 (0%)+
Announcement
Release
25 May 2026 8:14AM
Price at Release
$0.009
Full Release
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Summary
Desert Metals Limited, an ASX-listed company, has reported significant findings from its 2026 soil sampling program at the Tengrela South gold project in northern Côte d'Ivoire. The sampling has identified a new target, Tiogo North, characterized by a coherent gold-in-soil anomaly extending for 3km north of the previous drilling area. This discovery extends the Tiogo gold corridor to a total strike length of over 5.5km, with only 1.5km having been drill tested to date. The Tiogo North anomaly shows a peak value of 617 ppb gold within a substantial anomalous footprint, suggesting a promising target for further exploration. Desert Metals plans to conduct aircore drilling at Tiogo North, along with potential follow-up infill and step-out drilling, to evaluate the continuity and extent of the gold system.
Key Points
  • Desert Metals Limited (ASX: DM1) conducted a soil sampling program at Tengrela South in northern Côte d'Ivoire.
  • The soil sampling defined a new target called Tiogo North, a coherent gold-in-soil anomaly extending 3km north of the previous drilling line.
  • The Tiogo gold corridor now extends for a +5.5km strike length, with only 1.5km drill tested.
  • Tiogo North shows a peak gold-in-soil value of 617 ppb, within an 800m by 400m anomalous footprint.
  • Desert Metals plans aircore drilling at Tiogo North, with potential follow-up infill and step-out drilling.
  • The Tiogo North anomaly shares the same NNE structural orientation as the existing Tiogo corridor.
  • Desert Metals Limited has earned an 80% interest in the Tengrela South project.
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.