DeSoto Resources (ASX:DES) has commenced a major 10,000-metre drilling campaign at its Timbakouna Gold Project in Guinea, marking the first modern drilling program across the highly prospective gold corridor.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
The maiden program will comprise approximately 485 power auger holes designed to test gold mineralisation across priority targets identified through recent soil sampling, structural interpretation and artisanal mining activity.
Timbakouna sits within Guinea’s prolific Siguiri Basin and hosts more than six kilometres of semi-continuous artisanal workings. Despite the scale of historic mining activity, modern exploration remains limited.
DeSoto says the shallow power auger drilling will penetrate transported cover and test for bedrock-derived gold anomalism within the saprolite zone. Results will be integrated with airborne magnetic and radiometric surveys, field mapping, and geochemical data to refine targets for follow-up RC and diamond drilling.
Managing director Chris Swallow said the commencement of drilling represented an important milestone for the company as it advances exploration across an area that has already demonstrated encouraging signs of gold mineralisation.
Since entering Guinea in February CY25, DeSoto has assembled a substantial land position of approximately 1,300 square kilometres across the Siguiri Basin, making it one of the region’s largest landholders.
The Oz company believes the integrated drilling and geophysical program will help unlock the broader potential of the Timbakouna project, with results expected to guide future resource drilling campaigns.
DES is up today, trading at 10cps.
Join the discussion: See what HotCopper users are saying about DeSoto Resources Ltd and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.