# DES: Power Auger Program Expanded at Timbakouna Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/des-power-auger-program-expanded-at-timbakouna--95024bc2-bbab-41ab-ab75-a5ab0e542615 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03149895 Publisher: asx Original announcement: 2026-10-07T21:47:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-07T22:15:04.663Z Atlas analysis updated: 2026-10-07T22:15:04.663Z - Company: DeSoto Resources Limited - Ticker: DES - Exchange: ASX - Region: Guinea - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Other, Drill results - Extracted: 2026-10-07 22:15:05 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary DeSoto Resources has expanded its power auger drilling program at the Timbakouna project in Guinea by 200 holes following successful geophysical surveys. While 352 holes have been completed, assay results for the current program are pending and expected in late October 2026. Reasoning: The announcement provides an operational update on exploration progress and program expansion, but contains no new assay results. - Positive factor: Expansion of power auger program by 200 holes - Positive factor: Completion of 352 holes \(3,473m\) at Timbakouna - Positive factor: Successful geophysical surveys revealing geological complexity - Positive factor: Strategic land position in Siguiri Basin - Negative factor: Assay results for current program are still pending - Negative factor: Access constraints due to artisanal workings and rainy season Facts used in scoring: 5 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company mentions historical high-grade intercepts from Search Gold in the vicinity of the Timbakouna project. Evidence · text > Historical RC drilling by Search Gold... returned several high grade gold intercepts ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### NDI-02 [Link to this fact](https://atlas-staging.minestarters.com/news/des-power-auger-program-expanded-at-timbakouna--95024bc2-bbab-41ab-ab75-a5ab0e542615#fact-drill-facts-0) Timbakouna · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NDI-02 - Project: Timbakouna - Commodity: gold - Region: guinea - Reported Region: guinea - Ticker: DES #### Geometry - Grade: 11.8 - Grade Unit: g/t - Intercept: 18 m - From: 48 m - To: 66 m - Intercept Depth: 48 m #### Classification - Sample Type: drill - Group ID: NDI-02:48-66 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Historical RC intercept reported in prose. - Positive factor: High grade intercept - Negative factor: Historical data Evidence · text > 18 m @ 11.8 g/t Au from 48 m in NDI-02 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### NDI-02 [Link to this fact](https://atlas-staging.minestarters.com/news/des-power-auger-program-expanded-at-timbakouna--95024bc2-bbab-41ab-ab75-a5ab0e542615#fact-drill-facts-1) Timbakouna · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NDI-02 - Project: Timbakouna - Commodity: gold - Region: guinea - Reported Region: guinea - Ticker: DES #### Geometry - Grade: 78.84 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Historical sub-interval reported in prose. - Positive factor: Bonanza grade - Negative factor: Historical data Evidence · text > including 1m @ 78.84 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### NDI-02 [Link to this fact](https://atlas-staging.minestarters.com/news/des-power-auger-program-expanded-at-timbakouna--95024bc2-bbab-41ab-ab75-a5ab0e542615#fact-drill-facts-2) Timbakouna · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NDI-02 - Project: Timbakouna - Commodity: gold - Region: guinea - Reported Region: guinea - Ticker: DES #### Geometry - Grade: 40.4 - Grade Unit: g/t - Intercept: 3 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Historical sub-interval reported in prose. - Positive factor: High grade intercept - Negative factor: Historical data Evidence · text > and 3 m @ 40.4 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### NDI-39 [Link to this fact](https://atlas-staging.minestarters.com/news/des-power-auger-program-expanded-at-timbakouna--95024bc2-bbab-41ab-ab75-a5ab0e542615#fact-drill-facts-3) Timbakouna · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NDI-39 - Project: Timbakouna - Commodity: gold - Region: guinea - Reported Region: guinea - Ticker: DES #### Geometry - Grade: 10.6 - Grade Unit: g/t - Intercept: 4 m - From: 33 m - To: 37 m - Intercept Depth: 33 m #### Classification - Sample Type: drill - Group ID: NDI-39:33-37 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Historical RC intercept reported in prose. - Positive factor: High grade intercept - Negative factor: Historical data Evidence · text > 4 m @ 10.6 g/t Au from 33 m in NDI-39 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### NDI-15 [Link to this fact](https://atlas-staging.minestarters.com/news/des-power-auger-program-expanded-at-timbakouna--95024bc2-bbab-41ab-ab75-a5ab0e542615#fact-drill-facts-4) Timbakouna · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: NDI-15 - Project: Timbakouna - Commodity: gold - Region: guinea - Reported Region: guinea - Ticker: DES #### Geometry - Grade: 54.1 - Grade Unit: g/t - Intercept: 1 m - From: 5 m - To: 6 m - Intercept Depth: 5 m #### Classification - Sample Type: drill - Group ID: NDI-15:5-6 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Historical sub-interval reported in prose. - Positive factor: Bonanza grade - Negative factor: Historical data Evidence · text > and 1m @ 54.1 g/t Au from 5m in NDI-15 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.