DeSoto Resources (ASX:DES) expanded its footprint in West Africa, announcing a consolidation along the highly prospective Siguiri Gold Mineralisation Trend in Guinea.
The company has secured three new Southwest Reconnaissance Authorisations, collectively known as the SW Project, further solidifying its portfolio within the world-class Siguiri Basin.
The Siguiri Basin is renowned for its Tier-1 gold assets, including AngloGold Ashanti’s 9.2Moz Siguiri mine and NordGold’s 4.0Moz Lefa operation.
Recent regional exploration success has further highlighted the area's potential, with significant deposits such as Predictive Discovery’s 5.4Moz Bankan Project and Robex Resources' 3.5Moz Kiniero mine situated along the same structural corridor.
The new authorisations allow DeSoto to systematically explore an inferred mineralisation trend based on regional mapping and historical data.
By targeting these underexplored sections of the corridor, the company aims to identify the next generation of multi-million-ounce gold deposits.
The strategic positioning of the SW Project provides a contiguous landholding that enables efficient, large-scale exploration programs.
As gold prices remain resilient, DeSoto's aggressive consolidation in Guinea underscores its commitment to high-reward frontier exploration.
At the time of reporting, DeSoto Resources' share price was $0.16.