Desoto Resources Ltd. · ASX:DES
Desoto Resources — Merger or Acquisition (February 2025)
27 slides from Desoto Resources's merger presentation, Feb 21, 2025
Slide 1: Investor Presentation and Webinar
Level 2, 10 Outram Street West Perth, WA, 6005 ASX:DES | desotoresources.com 21 February 2025 - ASX Announcement Investor Presentation and Webinar DeSoto Resources Limited (ASX:DES or ‘Company’) is pleased to provide and updated corporate presentation and extend an invitation to participate in an in
Slide 2: Acquisition of high-grade gold projects in Guinea's Siguiri Basin
FEBRUARY 2025 DESOTOR ESOUR CES. COM ASX: DES Acquisition of high-grade gold One of West Africa’s most accomplished exploration projects in Guinea’s Siguiri Basin teams returns to the Siguiri Basin Guinea’s Siguiri Basin Dominant Land Position Drilling imminent Elephant Country
Slide 3: Important Notices & Disclaimer
Important Notices & Disclaimer DeSoto Resources Limited ACN 658 510 242 (DeSoto or the Company) is the issuer of this presentation. The issue of this presentation is intended only for the person or entity to which it has been transmitted. These presentation materials and any accompanying verbal pres
Slide 4: One of West Africa's most accomplished teams returns to the Siguiri Basin
One of West Africa’s most accomplished teams returns to the Siguiri Basin Dominant 1,234km2 Historic portfolio 14 Projects in high-grade Guinea’s Siguiri Basin & shallow drill hits NDI-02 18m @ 11.8 g/t Au (48m) incl. 1m @ 78.84 g/t Au (50m) Guinea’s Golden Team PDI’s Former Founder & MD, Chief 3m @
Slide 5: Corporate Overview Major Shareholders
Corporate Overview THE LEADERS IN WEST AFRICAN GOLD DISCOVERY Shareprice (19th Feb 24) $0.105 Paul Roberts Chris Swallow Shares on issue 92.5M Non-Executive Chairman Managing Director Options listed: DESO - 44M @ 0.25c Founder of Predictive Discovery Limited (ASX:PDI) Previously the Corporate Develo
Slide 6: West African Birimian Greenstone Belt
West African Birimian Greenstone Belt ONE OF THE WORLD’ S MOST PROLIFIC YET UNDER EXPLORED GOLD MINING REGIONS One of the largest gold producing regions in the world Between 2010 and 2020, West African Gold plays unearthed 67Moz of gold at 1.5 g/t Au from 15 major discoveries1 Host to many multi-mil
Slide 7: Hunting for gold in elephant country
Hunting for gold in elephant country 14 Projects in the prolific Siguiri Basin, home to: AngloGold Ashanti’s Siguiri mine (6.2Moz Au) Nordgold Lefa mine (7.9Moz Au) Predictive Discovery (PDI) Bankan Project (5.4Moz Au) Properties identified by former PDI Principal Geologist Aime Nganare, now DeSoto
Slide 8: Guinea: An Emerging Mining Power House
Guinea: An Emerging Mining Power House Attracting major global investment for a rapidly expanding mining industry Simandou is the largest mining project in construction globally at >US$21B1 Uninterrupted mining by global groups for over 40 years Est mining code & fiscal regime Mining is a nationally
Slide 9: Siguiri Portfolio: 14 prospective greenfield gold projects
Siguiri Portfolio: 14 prospective greenfield gold projects Siguiri Basin: a world-class gold district, host to several operating mines and major new discoveries Gold mineralisation in the Siguiri structurally controlled and related to multi-phase deformation 934km2 ground position in the Siguiri Bas
Slide 10: Timbakouna Project
SIGUIRI PROJECTS Timbakouna Project Large untested N-S gold trends 6km of strike covered by artisanal workings Historic drilling limited to the NE corner retuned high-grade gold1: • 18m @ 11.8 g/t Au from 48m (NDI-02), incl. - 1m @ 78.84 g/t Au from 50m, and - 3m @ 40.4g/t Au from 62m • 4m @ 10.6 g/
Slide 11: Timbakouna: 6km of untested NS strike
SIGUIRI PROJECTS Timbakouna: 6km of untested NS strike DeSoto Exploration Manager (Africa) Aime Nganare sampling one of the major artisanal open pits DESOTORESOURCES. COM • ASX:DES 10
Slide 12: Kantoumanina Project
SIGUIRI PROJECTS Kantoumanina Project Positive results from soil geochemistry located 20km south-west of Timbakouna, including (max values) 1: • >10 g/t Au (Sokouroaba South) • 7.31 g/t Au (Odiala North • 6.99 g/t Au (Sokouroba North) Mostly NNW anomalism trends interpreted from soil geochemistry re
Slide 13: Strategic approach to gold discovery
H 1 2025 WORK PROGRAM Strategic approach to gold discovery The Siguiri Basin is both strongly gold- mineralised and very underexplored Minerals system approach Rolling out broad scale structural targeting across the portfolio Effective geochemistry bulk leach extractable gold (BLEG) stream sediment,
Slide 14: The beginning of a golden dawn
DESOTO INTO THE SIGUIRI The beginning of a golden dawn Immediate Impact West African specialists Drilling to commence in the Siguiri as Experienced Board, Management soon as acquisition is completed with and in-country team ready to find work programs already underway the next Bankan Dominant land p
Slide 15: Newsflow Catalysts
WORK PROGRAM Newsflow Catalysts 5,000m Power Auger drill program to commence imminently Soil geochemistry One of West Africa’s most accomplished Bulk Leach Extractable Gold (BLEG) gold exploration teams, responsible for stream sediment, soil geochemistry to be rolled out across the portfolio. Predic
Slide 16: For Further Info
FEBRUARY 2025 DESOTOR ESOUR CES. COM ASX: DES FOR FURTHER INFO Chris Swallow E: cs@desotoresources.com PLEASE CONTACT Managing Director P: +61 412 174 882 Guinea’s Siguiri Basin Dominant Land Position Drilling imminent Elephant Country
Slide 17: Other Projects
Other Projects DESOTORESOURCES. COM • ASX: DES 16
Slide 18: Other Projects
Other Projects UNMATCHED EXPLORATION POTENTIAL IN TWO PREMIER CRITICAL MINERALS HOTSPOTS Northern Territory, Australia Project Overview: REE-gold-copper potential Commanding land position covering one of Australia’s last great underexplored mineralised shear zones Advanced targets Minas Gerais, Braz
Slide 19: Spectrum Project, Northern Territory (DES earning into 70%)
Spectrum Project, Northern Territory (DES earning into 70%) Shear-hosted REE-Au-Cu potential across one of Australia’s great underexplored mineralised shear zones DESOTORESOURCES. COM • ASX: DES 18
Slide 20: Fenton Shear Zone
Fenton Shear Zone REGIONAL-SCALE STRUCTURE HOSTING THE SPECTRUM & FENTON PROJECTS History of the Fenton Shear Zone – Large regional-scale shear zone with targets under cover – 1990’s Limited drilling by Homestake Australia targeting 40Moz Lead-style gold deposit – 1997 Homestake: 55m @ 0.89g/t Au, i
Slide 21: Spectrum Project
Spectrum Project 8KM-LONG COPPER- I N - S O I L A N O M A L Y O V E R L A Y I N G E M C O N D U C T O R S & HISTORIC REE DISCOVERY Project Background DES acquired Spectrum Project May 2024 Strategically located inside existing Fenton Project Vesper target: 8km-long untested copper-in-soil anomaly Qu
Slide 22: Geophysics Drives Discovery
Geophysics Drives Discovery DES COMPLETES REGIONAL SCALE GEOPHYSICS ACROSS FENTON SHEAR ZONE 2023 geophysical surveys 2023 NT Government co-funded AEM survey 18 priority bedrock conductivity anomalies identified up and down the Fenton Shear* Importantly, Spectrum Project highlighted, including two m
Slide 23: Geophysics Driving Discovery
Geophysics Driving Discovery 2024 GEOPHYSICAL SURVEYS 2024 surveys deliver targets for 2025 drilling Geophysics targeted REE-Au-Cu mineralised zones associated with sulphide alteration FLEM & IP survey confirmed 4 discrete AEM basement conductors and 6 new chargeable anomalies that may represent acc
Slide 24: Vesper Target
Vesper Target ALL THE HALLMARKS OF A LARGE COPPER BASE- METALS SYSTEM Big opportunity for a major discovery 4 x Large, shallow and untested EM and magnetic anomalies 8km-long copper-in-soil anomaly overlays the 4 conductor targets Located 1.5km south from the REE Spectrum prospect Potential for Vesp
Slide 25: Quantum REE Discovery
Quantum REE Discovery HIGH- GRADE HISTORIC REE INTERSECTIONS A STRONG WALK- UP EXPLORATION TARGET* HoleID TREO* Au Ag TDD8 50m @ 1.55% TREO from 245m 13m @ 0.49 g/t Au from 247m 13m @ 1.78 g/t Ag from 247m incl. 12 @ 4.51% TREO from 246m 8m @ 0.13 g/t Au from 277m 9m @ 1.3 g/t Ag from 277m 32m @ 0.3
Slide 26: Forward Program
Forward Program DRILLING H 1 2025 The most exciting greenfields exploration opportunity in the NT • Drill targeting completed • Fully permitted 23- hole program H1 2025 • Drilling to target Vesper and Quantum targets DESOTORESOURCES. COM • ASX: DES
Slide 27: Right Geology & Mineralisation
Right Geology & Mineralisation PINE CREEK REGION Geology Hosted within the Pine Creek Geosyncline which is a mid-Proterozoic sequence of marine sediments intruded by a suite of granites Regionally, known mineralisation primarily hosted within Pine Creek Shear Pine Creek Project located on parallel s
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