DM1 0.00% 2.2¢ desert metals limited

Well said Chiller. They must be close to a large high grade JORC...

  1. 1,476 Posts.
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    Well said Chiller.

    They must be close to a large high grade JORC release for the 7km strike by 2.5km wide Central REE Zone, once the rest of the high value REE lab results are released with the recovery percentages, together with the nickel sulphide recoveries.

    "Once the full TREO results are received these may form a contiguous block over 7km with the mineralisation intersected to the northeast, with the block open in all directions."

    We look forward to uncovering even higher grades, thicker clays and building the size of the discovery.

    "With the recently announced nickel and PGE intercepts and the confirmation of this substantial REE discovery, there is no reason to think the best part of Innouendy has been found."


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    There are now 72million shares on issue after this CR, I wonder if a Strategic Investment is being worked on, like KTA next door.

    It would make sense given every major miner is looking for a low risk, low capex, low opex, 10yr-30yr Tier 1 REE Clay Hosted deposit with Nickel Sulphides + PGEs + Cobalt + Chromium cost credits to invest in.

    And don't forget the Govt Funding assistance too.

    Supporting critical minerals projects (exportfinance.gov.au)

    The Australian Government’s Critical Minerals Facility

    In 2021, the Australian Government established the $2 billion Critical Minerals Facility, which is managed by Export Finance Australia. Projects that are aligned with the Australian Government’s Critical Minerals Strategy, and are otherwise in Australia’s national interest, may be able to access finance through this facility.



    Very exciting times for DM1 shareholders. GLTAH.

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