DeSoto Resources' new exploration venture

DeSoto Resources (ASX:DES) has commenced exploration at the Dom Silverio manganese project in Minas Gerais, Brazil. The project targets manganese carbonate, vital for battery-grade manganese sulphate production, crucial for electric vehicle batteries. Initial efforts include sampling from stockpiles and a 14 km manganese strike, alongside metallurgical testing for processing optimization.

DeSoto Resources' strategic exploration and outlook

DeSoto Resources is focused on the Dom Silverio project in Brazil, emphasizing manganese carbonate's potential as a low-cost feedstock for battery-grade manganese sulphate. With Brazil's growing EV market, the project's strategic location is significant. The company is conducting thorough exploration and metallurgical testing to define processing methodologies and leveraging over 70 years of historical data. Future steps include geophysics, drilling, and continuous updates on exploration progress.

Executive insights on DeSoto's strategic exploration

Manganese carbonate presents a cost-effective feedstock for battery-grade production outside of China, benefiting from Brazil's mining infrastructure and government EV support.