DM1 0.00% 2.0¢ desert metals limited

If you look at DM1's announcements, on a timeline basis. The...

  1. 1,476 Posts.
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    If you look at DM1's announcements, on a timeline basis.

    The company is building up to something big at Innouendy, with that Significant REE discovery....

    1. 23rd May 2022 - ASX Announcement No.1 "High Value Rare Earths at Innouendy"

    2. 15th June 2022 - ASX Announcement No.2
    "Excellent Recoveries Confirm Rare Earths Easily Leachable"

    3. 20th July 2022 - ASX Announcement No.3
    "Significant Thick & High Grade Clay hosted REE Results"

    4. 30th August 2022 - ASX Announcement No.4
    "Rare Earth System Emerging at Innouendy"


    5. 16th September 2022 - ASX Announcement No.5 "Significant Rare Earths Discovery Confirmed"

    Investor Centre | Desert Metals Limited - Exploration Company

    DM1-REE-ANnouncements-Building-to-something-big.png

    As these REE results are released to the market, over a 20+km strike length, 5-7km wide and 20metre to 80metre thickness, we'll see Institutional and Professional Investors take positions in DM1, lifting the share price to new all time highs.

    The announcement below states "Initial XRF and visual observations are encouraging and suggest the possibility of an extensive, near surface, rare earth system".....

    "Step out drilling traverses across 20km of strike length have intersected both thick clays and large volumes of mafic and ultra mafic rock, lab analysis will determine whether these units host significant mineralisation."

    eg Using the XRF analysis machines and visual inspection, they found REEs in the Clays 20kms away from their initial drilling location, it's now just about the grades/recoveries....

    They are shallow, relatively continuous and thick...as per the company's ASX Announcements.

    DM1-XRF.png

    DM1-Mkt-Cap-Share-Price1.png

    GLTA DM1 shareholders, very exciting times ahead for us.
 
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