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Desert Metals (ASX: $DM1) appoints new Managing Director as Côte d'Ivoire exploration accelerates

Desert Metals announces board and management changes


Desert Metals Limited (ASX: $DM1) has announced the appointment of Stephen Ross as the new Managing Director, effective 1 April 2024. Mr. Ross, an experienced geologist and Non-Executive Director, brings over 30 years of gold exploration experience in West Africa and extensive ASX board experience. The company continues its exploration programs in Côte d'Ivoire and Western Australia.

Chairman's Comments on New Managing Director Appointment


We are extremely pleased Stephen has accepted the role of Managing Director for Desert Metals as we progress our exploration programs in both Côte d'Ivoire and Western Australia. Stephen has a long history in West Africa, where he has managed a geological consultancy and ASX-listed companies. He was instrumental in assembling the Côte d'Ivoire project portfolio which Desert Metals recently acquired, comprising seven gold and lithium exploration projects covering nearly 2,800km2, and he takes a very proactive approach with his in-country exploration teams, stakeholder engagement and the mining investment community. Our Board looks forward to working with Stephen as we execute our current exploration programs.

Summary of Board Appointments and Exploration Programs


Desert Metals Limited has appointed Stephen Ross as the new Managing Director, bringing extensive experience in gold exploration in West Africa. Dr. Robert Stuart will remain a Non-Executive Director and consultant to the Company, particularly on its Western Australian assets. Additionally, experienced company director Mr. Patrick Flint has joined the board. The company continues its exploration planning in Western Australia and is making excellent progress in expanding fieldwork in Côte d'Ivoire. Mr. Ross's recent visit to Côte d'Ivoire has paved the way for further soil sampling, air-core drilling, and RC drilling at Tengrela South, and productive meetings with contractors, joint venture partners, and government officials have set the stage for upcoming fieldwork at the Adzope gold project upon granting of the permit. Desert Metals is actively engaged in exploration planning in Western Australia and is making excellent progress in expanding fieldwork in Côte d'Ivoire.

DESERT METALS LIMITED
DM1 | ASX | Materials
0.0210(+0%)
At close 05/07 (AEDT)
Market cap
$5.6M
Volume
1,010,141
DY Yield
0
PE Ratio
0
52 Week Range
0.019 - 0.135
1YR Return
N / A

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