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Desert Metals Limited (ASX:DM1)

ALERT: Price-sensitive ASX Announcement for DM1
Current share price for DM1 : $0.009 -0.005 (-35.71%)+
Announcement
Release
29 Sep 2025 8:24AM
Price at Release
$0.014
Full Release
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Summary
Desert Metals Limited (DM1) announced the final results from their diamond drilling at the King Kong gold prospect located in the northeastern corner of the Adzope Project in southern Côte d’Ivoire. The campaign included 17 diamond holes totaling 3,472 meters, revealing further anomalous gold over a 1.2km strike length, confirming the potential for a high-grade gold system. High-grade gold intersections were reported in several holes, prominently over a 400m semi-continuous zone. Future exploration plans include aircore drilling and further sampling across the expansive permit area to enhance understanding of the gold system's scale and potential.
Key Points
  • Final results from diamond drilling at King Kong prospect show further anomalous gold.
  • 17 diamond holes for 3,472 meters completed with significant intersections.
  • High-grade gold intersected over a 400m zone at the southern end.
  • Plans for additional exploration including aircore drilling at other sites.
  • Potential for a high-grade gold system confirmed over a 1.2km strike length.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.