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Desert Metals (ASX: $DM1) commences sampling and surveys to define drill targets at Adzope gold project

Desert Metals initiates exploration at Adzope gold project


Desert Metals Limited (ASX:DM1) has commenced ground-based geophysics, channel sampling of artisanal pits, and soil sampling programs at its lead Adzope gold project in Côte d'Ivoire. The company aims to define gold targets for drill testing in October 2024.

Executive Commentary on Adzope Exploration


We are excited to commence exploration on the ground at Adzope and believe a combination of our ground geophysics and sampling programs will allow us to define targets for our planned drill program next month. With extensive artisanal mining for gold in the northeastern area of the permit, we have walk-up targets on which we plan to focus our initial surface survey and sampling programs. Results from these programs will guide us on our first phase of drilling at the Adzope gold project.

Summary of Adzope Exploration and Outlook


Desert Metals has initiated ground-based geophysics, channel sampling, and soil sampling programs at the Adzope gold project in Côte d'Ivoire. The company aims to define in situ gold anomalies and structures surrounding the extensive artisanal gold workings, providing high-quality targets for drill testing in October 2024. The completion of a Gradient Array Induced Polarisation (GAIP) and ground magnetic survey (GMAG) over a 5.5km2 area is expected to provide valuable insights for the upcoming drilling program. The next steps involve using channel sampling results to define initial drill targets and commencing drilling at Adzope in October 2024. Desert Metals' exploration efforts demonstrate its commitment to advancing its gold projects and leveraging the potential of the Adzope gold project in line with its corporate strategy.

DESERT METALS LIMITED
DM1 | ASX | Materials
0.0250.002(+8.7%)
At close 02/12 (AEDT)
Market cap
$7.2M
Volume
2,336,471
DY Yield
PE Ratio
52 Week Range
0.018 - 0.068
1YR Return
N / A

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