The Company’s projects lie in the Northern Territory’s Pine Creek Orogen, with reported resources of over 17 million ounces of gold, following initial discovery from a hole dug during construction of the overland telegraph line in the 1870’s.
A number of development projects are well advanced towards potential production in the Pine Creek Orogen, including a high-grade underground project at Toms Gully, the 9-million-ounce Mount Todd gold project near Katherine, and the polymetallic Hayes Creek project.
It is anticipated that DES will list on the ASX during December 2022.
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QUICK LINKS FIRST FORAY INTO NT’S 17MOZ GOLDEN HEART Li potential with pegmatites intersected in historical drilling Potential Located within the Pine Creek Gold Field Close to Cosmo Howley with same high-grade gold geological setting Limited historical scout drilling returned 20m @ 1.74g/t Au…
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