DM1 0.00% 2.4¢ desert metals limited

Ann: Rare Earth System Emerging at Innouendy, page-73

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    Drilling from April-May 2022 at Dingo Pass intersected Nickel AND Copper in disseminated sulphides (in Komatiites and Mafic and Ultramafic rock eg fresh rock), this is why the company is targeting these 12,000Siemens conductors at DIngo Pass with the extra data collected from the DHEM surveys to pinpoint them accurately.

    DM1-DIngo-EM-Downhole.png


    We saw what a single drill hole did for SIR back in 2012.

    Only a single intercept of 4metres at 3.8%Ni and 1.43%Cu and SIR surged by over 650% in a day.

    Sirius Resources: ASX 8-bagger in one day | TSEI (*.com.au)

    SIR-8-Bagger.jpg

    This was the ASX announcement SIR released after their Trading Halt.

    SIR-Discovery-Hole.png




    ...then SIR went on to climb to $611m market cap in less than 2 months from that initial drill hole.
    DM1 only has 63million shares on issue, a market cap of only $611m = $9.68 share price for DM1.

    DM1-CHN-600m-mkt-cap-SIR.png
 
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