Desert Metals Limited (ASX:DM1) Hits Maiden 17m Intercept of 7.5 g/t Gold
Highlights:
Maiden drilling program confirms the potential for the King Kong prospect on the Adzope gold project in southern Côte d’Ivoire to host a significant high-grade gold system
Reconnaissance diamond drilling program comprising nine holes for 1,714.4m tested targets along a northeast-southwest anomalous corridor over +3.0km defined by a coincidental geophysics and gold-in-soil anomaly –
– Discovery hole 24ADDD007 returned 17m at 7.5g/t gold from 262m downhole, approximately 190m below surface
– All holes intersected gold mineralisation using a cut-off of 0.5g/t gold
Interpreted high-grade gold corridor trends northeast-southwest over a strike length of at least 3.0km based upon drilling, artisanal pits, ground geophysics and soil sampling
Next phase of exploration to include further diamond drill-testing of the King Kong gold system planned to commence in Q1, 2025,
Overview:
Desert Metals Limited (Desert Metals, DM1, or the Company) has reported results from the first-ever drilling program conducted at the King Kong prospect on the lead Adzope gold project in southern Côte d’Ivoire. Diamond drilling at the King Kong gold prospect, located in the northeastern corner of the Adzope exploration licence has returned multiple high-grade gold results including a discovery hole intercept of 17m at 7.5g/t gold, including 5m at 23.1g/t gold, and a further 13m at 1.64g/t gold in a second hole 1.4km along strike on the same interpreted structure. See Figure 1 and Figure 3.
Company Notes:
Desert Metals Managing Director Stephen Ross said:
“I am thrilled that the first-ever drilling campaign at King Kong has returned significant and high-grade gold intercepts. The drilling results support our strong belief that the Adzope gold project hosts substantial gold mineralisation. Single reconnaissance holes were drilled next to artisanal pits mined for gold or on a coincidental geophysical and gold-in-soil anomaly, so for these holes to return thick and high-grade intercepts is extremely encouraging. We believe these results indicate the presence of significant high-grade gold mineralisation in the immediate area.
The King Kong gold prospect contains a +3.0km interpreted gold corridor plus 2.1km of untested, crosscutting artisanal gold workings at an area known as the Beach. This first-pass drilling has confirmed King Kong’s potential and provided us with strong signatures of where to drill next and where not to drill, so we look forward to the upcoming exploration programs in 2025. “
Full ASX Announcement: 6A1242665.pdf