This PR about Namibia NEXT PR ABOUT A MAJOR MAJOR ACQUISITION https://www.stockwatch.com/News/Item/Z-C!DSM-3225154/C/DSM Deep-South sees Namibia court order ministry to file defence 2022-03-23 14:26 ET - News Releas NAMIBIA HIGH COURT ORDERS THE MINISTRY TO FILE ITS DEFENSE AT THE LATEST ON APRIL 22, 2022 At the hearing held on March 22, 2022, the judge has ordered the legal counsel of the Ministry of Mines and Energy of Namibia to file its defence affidavit at the latest on April 22, 2022. Deep-South Resources Inc. attorneys will have until May 13, 2022, to file their reply to the defence of the ministry. The judge has also drawn the attention of the parties to the Part 6 of the Rules of High Court. Part 6 deals with sanctions for failure to comply with the rules, directions or court orders. Sanctions could be applied for failure to respect delays or undue request of extensions. The court will hold another hearing on May 18, 2022, to define the further procedures with regard to the review of the decision of the minister to deny the renewal of the exploration licence Haib Copper EPL 3140. The company will provide regular updates in this regard and any other matter concerning this situation. About Deep-South Resources Inc Deep-South Resources is a mineral exploration and development company Deep-South growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution. We seek Safe Harbor.
FOUND ON STOCKHOUSE https://stockhouse.com/companies/bullboard?symbol=v.dsm&postid=34539717 RE:NAMIBIA HIGH COURT ORDERS THE MINISTRY TO FILE ITS DEFENSE.. Volume is key.....Grapevine says DSM is a MAJOR BUY, easy 5X bagger
VSM - DEEP SOUTH RESOURCES INC - http://www.deepsouthresources.com Bid Size….Bid……….Ask…….Ask size….Last Trade……Up 566.0.........0.06........0.065.......245.0..........0.065.........+0.005
https://www.barchart.com/stocks/quotes/DSM.VN/opinion Stock rating : BUY Positive momentum Expect a PR very soon
STRATEGIC MOVE FROM DSM ORIGINAL: DEEP-SOUTH APPOINTS KING & SPALDING LLP AS INTERNATIONAL LEGAL COUNSEL 2022-04-06 07:50 ET - News Release VANCOUVER, BC, April 6, 2022 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South") (TSXV: DSM) and its affiliate Koryx Copper BV (together, the "Companies") announce the appointment of King & Spalding LLP as international legal counsel. The mandate of King & Spalding is to review the Companies' options under international law in relation to the Namibian government's handling of the Haib Copper Exploration and Prospecting License and the government's refusal to renew the License. King & Spalding is an international law firm with 1,200 lawyers in 22 countries. The firm specializes in international dispute resolution. King & Spalding's international arbitration practice is consistently ranked among the top arbitration practices in the world. In 2022. The firm's practice is again ranked number one in Global Arbitration Review's "GAR 30" guide to the world's leading international arbitration practices. Global Arbitration Review has praised King & Spalding's track record in obtaining strong results for its clients. Further information is available on: https://www.kslaw.com About Deep-South Resources Inc Deep-South Resources is a mineral exploration and development company. Deep-South's growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Caution Regarding Forward-Looking Information We seek safe harbor SOURCE Deep-South Resources Inc. © 2022 Canjex Publishing Ltd. All rights reserved.
Deep-South to earn 80% of three Cu licences in Zambia 2022-04-07 13:24 ET - News Release Mr. John Akwenye reports DEEP-SOUTH TO ACQUIRE UP TO 80% OF THREE COPPER EXPLORATION LICENCES IN THE HEART OF THE ZAMBIA COPPER BELT Deep-South Resources Inc. has signed a definitive earn-in agreement with Word Class Minerals Venture Ltd. (WCMV) of Zambia to acquire up to 80 per cent of three copper exploration licences in the centre of the Zambian Copperbelt, one of the most prolific copper belts in the world. John Akwenye, chairman of Deep-South, stated, "While reinstating the licence over the Haib copper project in Namibia remains our No. 1 priority, we are very enthusiastic about the option to acquire these strategically well-situated licences in the heart of one of the most prolific copper belts in the world." The agreement Deep-South holds the option to acquire up to 80 per cent of the large-scale exploration licences LEL 23246, LEL 23247 and LEL 23248 held by WCMV in Zambia. The terms are as follows: Deep-South has paid to WCMV $15,000 (U.S.) on signature of the agreement and will pay an additional $15,000 (U.S.) on approval of the transaction by the TSX Venture Exchange. Deep-South will also issue 500,000 of its common shares to WCMV upon approval by the TSX-V. On the second anniversary of the agreement, Deep-South will pay $30,000 (U.S.) and issue 250,000 of its common shares to WCMV. Before the end of the second anniversary of the agreement, Deep-South will also complete the collection and analysis of 100 soil samples over the identified anomalies on LEL 23246 and 350 soil samples over the identified targets on each of LEL 23247 and LEL 23248. Deep-South will then decide whether to proceed with more intensive sampling or to evaluate any drilling targets. Upon completion of the aforementioned, Deep-South will have acquired an undivided interest in 51 per cent of the licences. In order to acquire the remaining 29 per cent of the licences, Deep-South, at the end of the third, fourth and fifth years of the agreement, will pay to WCMV $30,000 (U.S.) every year for a total of $90,000 (U.S.) and spend a minimum of $1-million (U.S.) in exploration programs every year for a total of $3-million (U.S.) in exploration expenditure. Data acquisition Upon approval of the transaction with WCMV by TSX-V, Deep-South will acquire all of the exploration data for the licences LEL 23246, LEL 23247 and LEL 23248 held by Nathan Sabao (the geological consultant). Upon approval of the TSX-V, Deep-South will issue 500,000 of its common shares to the geological consultant. Furthermore, on the first anniversary of the transaction, the geological consultant will transfer to Deep-South all of the exploration data for projects in the Luapula region in consideration for the issuance of a further 500,000 common shares of Deep-South. The transaction is conditional to the approval of the TSX-V. In terms of the Policy 5.3, the transaction is considered fundamental and the trading of the shares of Deep-South will remain halted until the TSX-V has reviewed the required documentation. The projects Luanshya West project (LEL 23247) The licence is situated in the centre of the Zambian Copperbelt, which forms part of the Central African Copperbelt, one of the most prolific copper belts in the world. The large exploration licence covers 5,423.26 hectares (54.24 square kilometres). A National Instrument 43-101 technical qualifying report is currently under review by the TSX-V. The project prospectivity is based on the location of the subject property over the unconformable contact zone between basement granites and Lower Roan group sediments where most copper belt mines in both Zambia and the Democratic Republic of the Congo (the DRC) are located. This prospectivity is reinforced by a positive series of coincident soil geochemical anomalies over the contact zone. The project area is close to established copper/cobalt mines with the Chibuluma mine approximately 35 kilometres to the northeast, the Chambishi mine 41 kilometres north-northeast, the N'changa mine 53 kilometres north-northwest and the Luanshya mine approximately 40 kilometres east-southeast from the centre of the project area. Approximately 850 soil samples and some geophysical data were collected over the subject property by Teal (a subsidiary of African Rainbow Minerals Ltd.) between 2007 and 2009. The airborne geophysical data were evaluated by geophysical consultant K.P. Knupp on behalf of Teal. Mr. Knupp identified a total of 11 targets for strata-bound vein-hosted copper, lead, zinc, cobalt, nickel, silver and gold mineralization and one target for stratiform copper-cobalt mineralization over the larger exploration property then held by Teal. Chililabombwe project (LEL 23247) The licence is situated in the north of the Zambia Copperbelt near the DRC border. The large exploration licence covers 2,200 hectares (22.5 square kilometres). The project prospectivity is based on the location of the subject property over the unconformable contact zone between basement granites and Lower Roan Group sediments where most copper belt mines in both Zambia and the Democratic Republic of Congo (the "DRC") are located. The project area is close to established copper / cobalt mines with Konkola mine 12 km west and the Lubambe mine 30 km to the north-west from the center of the project area. Mpongwe project (LEL 23248) The licence is situated in the center of the Zambian Copper belt. The Large Exploration Licence covers 67,500 hectares (675 Sq. Km). The project prospectivity is based on the location of the subject property over the unconformable contact zone between basement granites and Lower Roan Group sediments where most copper belt mines in both Zambia and the Democratic Republic of Congo (the "DRC") are located. More information about the projects and the planned programmes will be disclosed after closing of the transaction. Mineral Resources have not been estimated yet on the project nor has it demonstrated economic viability at this stage. The historical geophysical survy and sampling results demonstrate potential to classify the project as one of merit but are considered too speculative geologically to complete a NI 43-101 compliant resource estimation at this time and it is uncertain that those historic results will be converted into minerals resources. Qualified Person Peter Walker B.Sc. (Hons.) MBA Pr.Sci.Nat. of P & E Walker Consultancy is the main author of the 43-101 resource qualification report on LEL 23246, and is the Qualified Person under the terms of National Instrument 43-101. Mr. Walker is responsible for the technical part of this press release. About Deep-South Resources Inc Deep-South Resources is a mineral exploration and development company. Deep-South's growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution. We seek Safe Harbor. © 2022 Canjex Publishing Ltd. All rights reserved.
DSM will open soon Sym-X.................Bid Size........Bid -...........Ask......Ask Size......Last DSM - V...............150.0............0.07............0.07.......71.0.............0.065
The Powerplay a must watch video https://thepowerplay.jwpapp.com/m/Db8mnDqH/deep-south-resources-pierre-leveille-ceo-april-8-2022?list=CQw6yjwj
DEEP-SOUTH EXPECT TO RESUME TRADING ON TUESDAY APRIL 19, 2022 Further to a discussion with the TSX Venture Exchange concerning the documents related to the acquisition of Zambian exploration licences announced on April 7, 2022, Deep-South Resources Inc. expects to resume trading on Tuesday, April 19, 2022. Deep-South has signed a definitive earn-in agreement with World Class Mineral Ventures Ltd. (WCMV) of Zambia to acquire up to 80 per cent of three copper exploration licences in the centre of the Zambian Copperbelt, one of the most prolific copper belts in the world.
Key facts about Zambian acquisition: Deep-South to acquire up to 80% of three copper exploration licences in the heart of the Zambia copper belt Key facts summary The Luanshya West, Chililabombwe and Mpongwe projects prospectivity is based on the location of the subject property over the unconformable contact zone between basement granites and Lower Roan group sediments where most copper belt mines in both Zambia and the Democratic Republic of the Congo (the DRC) are located. Luanshya West project (LEL 23247) is situated in the centre of the Zambian Copperbelt and covers 5,423.26 hectares (54.24 square kilometres). This prospectivity is reinforced by a positive series of coincident soil geochemical anomalies over the contact zone. 11 targets for strata-bound vein-hosted copper, lead, zinc, cobalt, nickel, silver and gold mineralization and one target for stratiform copper-cobalt mineralization. The historical geophysical survey and sampling results demonstrate potential to classify the project as one of merit The project area is close to established copper/cobalt mines, with the Nkana mine 30 kilometres north-east and the Luanshya mine 40 kilometres to the east from the centre of the project area. Chililabombwe project (LEL 23247) is situated in the north of the Zambia and covers 2,200 hectares (22.5 square kilometres) The project area is close to established copper/cobalt mines, with the Konkola mine 12 kilometres west and the Lubambe mine 30 kilometres to the northwest from the centre of the project area. Mpongwe project (LEL 23248) is situated in the centre of the Zambian Copperbelt and covers 67,500 hectares (675 square kilometres). The project area sits at 30 kilometres from the Luanshya West project (described above). More information about the projects and the planned programs will be disclosed after closing of the transaction. Map: Source: To read to complete Press Release https://www.deepsouthresources.com/...ences-in-the-heart-of-the-zambia-copper-belt/
Deep-South Resources Inc. will resume at 6:30 a.m. PT / 9:30 a.m. EST on Tuesday, April 19, 2022 Expect a strong opening Excellent Zambia acquisition
https://www.tradingview.com/ Deep South Resources DSM.V Oscillators…...........BUY…..0Sell…….9Neutral…2Buy Summary…………..STRONG BUY.....0Sell..10Neutral..16Buy Moving Averages..STRONG BUY.......0Sell...1Neutral...14Buy
Barchart Technical Opinion.................DSM.V..............BUY https://www.barchart.com/stocks/quotes/DSM.VN/opinion Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
DSM - V ......1208.0.X.0.065........0.075.X.205.0 ...last.0.07.......Volume....70.5 More news to come early next week
https://www.barchart.com/stocks/quotes/DSM.VN/overview Barchart Technical Opinion ..........STRONG BUY The Barchart Technical Opinion rating is a 88% Buy with a Average short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend. https://www.barchart.com/stocks/quotes/DSM.VN/opinion Yesterday 80% BUY Last Week 40% BUY Last Month 64% SELL Snapshot Opinion is the Barchart Opinion from the prior trading session (yesterday), 1-week ago and 1-month ago. These statistics give you a sense of the Overall Opinion trend.
Renewal of the exploration license Haib Copper EPL 3140. THE MINISTRY OF MINES AND ENERGY OF NAMIBIA LATE TO FILE ITS DEFENSE AND SHALL FILE AT THE LATEST ON APRIL 29, 2022 Vancouver B.C., 2022-04-27 08:48 ET - News Release summary Deep South Resources (TSXV: DSM)(OTCQBSMTF) reports that the legal counsel of the Ministry of Mines and Energy of Namibia ("Ministry") is late to file its defense affidavit and has requested an extension of 10 days to file its affidavit. Deep-South's legal counsel indicated that they would be amenable to an extension until April 29, 2022. Therefore, it is expected that the Ministry will file its defense on April 29, 2022 or at the latest on May 3, 2022. In terms of the current applicable court order Deep-South will have until May 13, 2022 to file its reply to the defense of the Ministry. The judge has also drawn the attention of the parties to the Part 6 of the Rules of High Court. Part 6 deals with sanctions for failure to comply with the rules, directions or court orders. Sanctions could be applied for failure to respect court orders. The Court will hold another hearing on May 18, 2022, to define the further procedures with regard to the review of the decision of the Minister to deny the renewal of the exploration license Haib Copper EPL 3140. View original content to download multimedia:https://www.prnewswire.com/news-rel...at-the-latest-on-april-29-2022-301534234.html
Deep South Resources TSX.V: DSM OTCQB: DSMTF https://www.deepsouthresources.com/...nd-shall-file-at-the-latest-on-april-29-2022/ The Court will hold another hearing on May 18, 2022, to define the further procedures with regard to the review of the decision of the Minister to deny the renewal of the exploration license Haib Copper EPL 3140. So far the Ministry of Mines and Energy fail, again and again, to file 1 document supporting their decision to refuse the renewal od the EPL 3140. Would DSM sell EPL 4140 when recovered and move to Zambia which is a much larger copper exploration play. https://www.worldbank.org/en/country/zambia/overview#1 The nation is considered a stable country with successful democratic elections held every five years. https://www.deepsouthresources.com/...ences-in-the-heart-of-the-zambia-copper-belt/ These 3 properties are located right on the Zambian high grade main Copper Belt. These projects prospectivity is based on the location of the subject property over the unconformable contact zone between basement granites and Lower Roan Group sediments where most copper belt mines in both Zambia and the Democratic Republic of Congo (the “DRC”) are located. Luanshya West project (LEL 23247). The licence is situated in the center of the Zambian Copper belt which forms part of the Central African Copper belt, one of the most prolific copper belts in the world. The Large Exploration Licence covers 5,423.26 hectares (54.24 Sq. Km). Chililabombwe project (LEL 23247). The licence is situated in the north of the Zambia Copper belt near the DRC border. The Large Exploration Licence covers 2,200 hectares (22.5 Sq, Km). The project area is close to established copper / cobalt mines with Konkola mine 12 km west and the Lubambe mine 30 km to the north-west from the center of the project area. Mpongwe project (LEL 23248). The licence is situated in the center of the Zambian Copper belt. The Large Exploration Licence covers 67,500 hectares (675 Sq. Km). More information about the projects and the planned programmes will be disclosed after closing of the transaction. *****MORE ACQUISTIONS IN ZAMBIA ***** ????
https://www.barchart.com/stocks/quotes/DSM.VN/overview Barchart Technical Opinion ................STRONG BUY........... The Barchart Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend. https://www.barchart.com/stocks/quotes/DSM.VN/opinion Overall Average: 100%BUY Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
enough $$$$ for more acquisitions in Zambia and start a work program As of Feb 28, 2022 Current Cash $ 1,462,848 $ GST receivable and other 33,355 Prepaid expenses 94,774 Total Current Assets 1,590,977 LIABILITIES Current Accounts payable and accrued liabilities 48,414 $
Goldman's Currie Expects 50% Rise in Copper Prices...................POSITIVE FOR DSM Jeff Currie, global head of commodities research at Goldman Sachs, says there is "substantial" upside risk to copper prices amid a "massive deficit" in supply. He speaks during an interview with Bloomberg's Guy Johnson and Kailey Leinz on "Bloomberg Markets."
