DeSoto Resources (ASX:DES) found sulfides over multiple intervals in the western target area within its Spectrum project in the Northern Territory, according to a Wednesday filing with the Australian bourse.
Two distinct sulfide systems were intersected during ongoing drilling, including pyrite-dominant zones and pyrrhotite-dominant zones, the filing said.
The sampling process is underway, with the first assay results expected to be received in October, per the filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.