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Desert Metals Limited (ASX:DM1)

ALERT: Price-sensitive ASX Announcement for DM1
Current share price for DM1 : $0.010 0 (0%)+
Announcement
Release
9 Jun 2026 8:29AM
Price at Release
$0.010
Full Release
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Summary
Desert Metals Limited (DM1) has identified a significant gold-in-soil anomaly over a 7 km strike at the Nyan prospect, part of its Adzopé Gold Project in Côte d'Ivoire. The anomaly, which remains open in both directions, includes high-grade zones with peak gold values of 6.04 g/t and 3.63 g/t. Located directly along the structural trend of DM1’s previous King Kong discovery, the area is yet to be drilled. The company plans further exploration, including a maiden aircore drilling program to test the high-grade zones.
Key Points
  • Nyan gold prospect has a high-grade gold-in-soil anomaly extending over 7 km.
  • Desert Metals Limited (DM1) reported peak soil values of 6.04 g/t and 3.63 g/t gold.
  • The anomaly lies along the strike of DM1's King Kong discovery, which returned 17 m at 7.5 g/t gold.
  • Two high-grade zones identified: Zone A with peaks of 6,036 ppb and 3,626 ppb gold, Zone B with a peak of 993 ppb gold.
  • The area is untested by drilling, and an aircore drilling program is planned.
  • The Nyan prospect is part of the Adzopé Gold Project in Côte d'Ivoire.
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.