DES – Desoto Resources | Aussie Stock Forums

DeSoto Resources Limited is a precious and battery-metal exploration Company with a 1,887km2 landholding located in the Northern Territory’s prolific Pine Creek gold and pegmatite province.

The Company’s projects lie in the Northern Territory’s Pine Creek Orogen, with reported resources of over 17 million ounces of gold, following initial discovery from a hole dug during construction of the overland telegraph line in the 1870’s.

A number of development projects are well advanced towards potential production in the Pine Creek Orogen, including a high-grade underground project at Toms Gully, the 9-million-ounce Mount Todd gold project near Katherine, and the polymetallic Hayes Creek project.

It is anticipated that DES will list on the ASX during December 2022.