Desert Metals Limited completes aircore drilling at Tengrela South, Côte d'Ivoire

Desert Metals Limited (ASX: $DM1) has successfully completed 2,784m of aircore drilling at the Tengrela South gold permit in northern Côte d'Ivoire. The drilling aimed to test the southern extensions of gold mineralisation at the Podio and Logbog prospects, and a new gold anomaly southwest of Podio. Samples have been submitted for gold analysis via the Chrysos TM PhotonAssay technique, with results expected in April 2024. This drilling project is part of Desert Metals' recent acquisition of Côte d'lvoire gold and lithium explorer CDI Resources Limited, for which a $3.75m placement was completed to fund drilling and exploration in Côte d'lvoire and Western Australia.

Executive Commentary on Aircore Drilling Completion

Desert Metals Managing Director Robert Stuart expressed, 'Desert Metals is pleased to have completed this initial air core drilling program so soon after settling the 100% acquisition of CDI Resources Limited in Côte d'lvoire. The Tengrela South Project's proximity to existing gold and lithium discoveries presents an exciting opportunity for Desert Metals. We are eagerly anticipating the results in April 2024, which could significantly enhance the development potential of current gold mineralisation at the Podio and Logbog Prospects.'

Summary of Aircore Drilling Completion and Outlook

Desert Metals Limited (ASX: $DM1) has successfully concluded aircore drilling at the Tengrela South gold permit in Côte d'Ivoire, aiming to expand the gold mineralisation at the Podio and Logbog prospects and explore a new gold anomaly southwest of Podio. The company's acquisition of CDI Resources Limited and subsequent capital raising of $3.75m demonstrate its commitment to advancing exploration activities in Côte d'lvoire and Western Australia. With the results of the gold analysis expected in April 2024, Desert Metals anticipates the potential for further gold discoveries to enhance the development prospects of the project. The company's diversified portfolio covering gold, lithium, nickel, copper, and base metal-focused projects reflects its strategic approach to mineral exploration and development.