DM1 – Desert Metals Ltd


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Desert Metals Limited is an Australia-based company, which is engaged in exploration activities for nickel and copper on the northwest margin of the Yilgarn craton in Western Australia. The Narryer Project is geographically located approximately 120 kilometers (km) northwest of the town of Meekathara and geologically located on the northwest margin of the Yilgarn Craton in Western Australia. The Project comprises approximately nine granted exploration licenses covering a combined area of approximately 1,600 square kilometers (km2). The Project consists various prospects, including the Opal Bore, Innouendy, Irrida Hill, Irrida East, Breakaway; Dingo Pass and Mt Gould nickel, copper and gold prospects; the Hooper nickel and copper prospect; and the Belele copper, lead, zinc, gold prospect. The Project area is prospective for two principal styles of mineralization: Nickel-Sulfide mineralization and orogenic gold mineralization.

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