DES – DeSoto Resources Limited

DeSoto Resources (ASX; DES) has secured a 99.8 km² reconnaissance permit for the Syncerus Gold Project, located near its existing Dabidiana Project in Guinea’s highly prospective Siguiri Basin. The company is deploying a proven mineral systems approach—previously used in the 5.5Moz Bankan discovery—to identify large-scale targets.

Early fieldwork has already begun, alongside trenching at nearby Dadjan and soil sampling at other sites. The company is aiming to uncover deposits exceeding 2 million ounces, positioning itself as a key explorer in underexplored West Africa.