DeSoto Resources resumes exploration with Guinea program

• DeSoto Resources received government approval to resume exploration across its gold portfolio in Guinea.
• The company share price rose to $0.13 following the announcement of restarted field operations.
• The restarted programme aims to test six kilometres of gold targets across the Siguiri Basin.

DeSoto Resources (ASX:DES) has received government approval to resume exploration across its gold portfolio in Guinea.

The company had temporarily paused field work during a government crackdown against illegal mining operations.

“We have since received approval for our activities to resume,” said DeSoto Resources Managing Director Chris Swallow.

The restarted operations include a 10,000-metre drilling programme across 485 holes and a 6,262 line-kilometre geophysics survey.

Following the announcement, the DeSoto Resources share price was up at $0.13 as work resumed across key prospects.

DeSoto holds a 1,234-square-kilometre land package comprising 14 gold projects in Guinea’s Siguiri Basin.

The explorer also established a joint venture alliance with Fortuna Mining to fund future exploration across agreed projects.