DES – Desoto Resources Ltd

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Company Profile

Desoto Resources Limited is an Australia-based mineral exploration company. The Company is focused on the activities and exploring potential opportunities to apply for, or acquire, exploration licenses prospective for gold and lithium in the Northern Territory. The Company, via its subsidiary, Mangusta Minerals Pty Ltd, owns a 100% interest in the Pine Creek Project located in the Northern Territory. The Pine Creek Project consists of six tenements, which include three granted exploration license EL32884, EL32885 and EL32886, and three exploration license applications EL33188, EL33189 and EL33225 are known as Fenton. The Company’s Fenton granted licenses cover approximately 1,467 square kilometers (km2). Its eastern Pine Creek Project licenses, which comprise EL31356, EL31899 and EL32148 are known as Fenix, which cover over 420 (km2). The Pine Creek Project is located approximately 150-kilometer (km) south of Darwin, and 8 km north of Pine Creek in the Northern Territory.

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