DeSoto Resources Expands Guinea Gold Exploration Through Strategic Joint Venture
DeSoto Resources Limited (ASX: DES) has taken a significant step in expanding its exploration footprint in Guinea by securing the first acquisition package under its alliance with Fortuna Mining. The joint venture entity, High Guinea Gold SARLU, has entered into an agreement to acquire up to seven gold exploration projects covering approximately 591.43 square kilometres in the highly prospective Siguiri Basin. The acquisition has been structured in stages, with payments tied to licence progression and exploration milestones, supporting disciplined capital allocation while limiting early-stage risk. Following completion of due diligence, the partners plan to validate project tenure, review historical geological information, identify priority exploration targets, and commence field activities. Fortuna will continue funding exploration under the joint venture framework, allowing DeSoto to advance a substantial portfolio of prospective assets while strengthening its long-term growth pipeline in one of West Africa's leading gold regions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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DeSoto Resources Expands Guinea Gold Exploration Through Strategic Joint Venture
DeSoto Resources Limited (ASX: DES) has taken a significant step in expanding its exploration footprint in Guinea by securing the first acquisition package under its alliance with Fortuna Mining. The joint venture entity, High Guinea Gold SARLU, has entered into an agreement to acquire up to seven gold exploration projects covering approximately 591.43 square kilometres in the highly prospective Siguiri Basin. The acquisition has been structured in stages, with payments tied to licence progression and exploration milestones, supporting disciplined capital allocation while limiting early-stage risk. Following completion of due diligence, the partners plan to validate project tenure, review historical geological information, identify priority exploration targets, and commence field activities. Fortuna will continue funding exploration under the joint venture framework, allowing DeSoto to advance a substantial portfolio of prospective assets while strengthening its long-term growth pipeline in one of West Africa's leading gold regions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au