NEW PR...................Deep-South completes soil sampling in Zambia 2023-01-09 13:30 ET - News Release DEEP-SOUTH HAS COMPLETED A SOIL SAMPLING PROGRAMME ON 2 OF THE ZAMBIAN PROJECTS Deep-South Resources Inc. has completed the soil sampling program on the Luanshya West project and on the Chililabombwe project. The program on the Mpongwe project has been postponed to 2023 due to difficult weather. The program completed: Luanshya West Project (licence 23246): 1980 soil samples have been delivered to the laboratory for assays. The samples were collected on a regional grid of 500 x 100 and an infill grid of 100 x 100 metres. The program covered 3 targets where 5 large anomalies have been identified from soil sampling and geophysical survey results compiled by Teal in 2009. Assay results are expected during the month of January 2023 and will be disclosed to our shareholders in due course. The licence is situated in the center of the Zambian Copper belt and covers 5,423.26 hectares (54.24 Sq. Km). The project area is close to established copper / cobalt mines with Chibuluma South mine some 10 kms north-east of the project area; Chambishi mine 41Km north-northeast, N'changa mine 53Km north-northwest and Luanshya mine some 40Km east-southeast from the centre of the project area. A National Instrument 43-101 Standards of Disclosure for Mineral Projects ("43-101") compliant technical qualifying report is available on SEDAR at www.sedar.com under Deep-South's profile or on the Company's web site: www.deepsouthresources.com Chililabombwe Project (licence 23247): 124 soil samples have been delivered to the laboratory for assays. The samples were collected on a regional grid of 500 x 100 metres. Assay results are expected during the month of January 2023 and will be disclosed to our shareholders in due course. In this particular area, due to their abundance, termite mounds will be sampled rather than digging sample holes. This is because termites bring material to the surface from considerable depth and therefore sample at a greater depth than a regular soil sample. 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 is situated within 10 km of the Konkola Copper mine, one of the largest integrated copper mines in Zambia. Mpongwe Project (licence 23248). The program on this licence has been postponed to 2023 due to difficult weather. The program will resume when weather allows and when the area is dry enough to enable sample collection. This licence is situated on the southern side of the Zambian Copper belt. The Large Exploration Licence covers 67,500 hectares (675 Sq. Km). No Mineral Resources have been estimated on these projects as they have not demonstrated economic viability at this stage . The historical geophysical survey and sampling results demonstrate potential to classify the Luanshya West 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 Vivian Suart-Willams MSc (Hons.) Pr.Sci.Nat., Vice-President Exploration of Deep-South Resources, has reviewed the technical content of this presentation, and is the designated Qualified Person under the terms of National Instrument 43-101. Mr. Stuart-Williams is responsible for the technical part of this press release.
DSM - V Bid Size-----Bid.......Ask----Ask Size.....Last 920.0--------0.04-----0.05------358.0------0.045
https://www.barchart.com/stocks/quotes/DSM.VN/opinion Overall Average:40%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. 16% BUY Yesterday 48% SELL Last week 56% SELL last motnh 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.
https://www.barchart.com/stocks/quotes/DSM.VN/opinion Overall Average: 64% 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 Current direction is the strongest (100%) Stock was 0.045¢ jan 3rd 2023 today we are 0.07¢ up 0.01¢
NOT POSITIVE FOR DSM DEEP-SOUTH CLARIFIES TECHNICAL DISCLOSURE 2023-02-17 08:15 ET - News Release VANCOUVER, BC, Feb. 17, 2023 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South" or the Company) (TSXV: DSM) announces that, as a result of a continuous disclosure review by the British Columbia Securities Commission (the "BCSC"), the Company is issuing the following news release to clarify its disclosure as it pertains to its Technical Report entitled "Haib Copper Project 2020 Preliminary Economic Assessment" on the Haib Copper project near Noordover in the south of Namibia ("Technical Report"). The Technical Report was filed on SEDAR on February 1, 2021. In order to satisfy several deficiencies with National Instrument 43- 101 - Standards of Disclosure for Mineral Projects ("NI 43-101") noted by the BCSC during its recent continuous disclosure audit of the Company, the Company understands it will need to amend the Technical Report accordingly. However, as the verdict of the High Court of Namibia concerning the review of the decision of the Minister of Mines of Namibia to not renew the Haib Copper licence is scheduled for February 23, 2023, the Company will await the verdict to make a decision to amend the Technical Report. Therefore, at the present time, Deep-South advises that the estimates and economic assessment in the current Technical Report should not be relied upon as they are not supported by a compliant NI 43-101 technical report. Further, in connection with the BCSC's recent continuous disclosure review of the Company, and separate from the Technical Report item addressed above, Deep-South will also update and clarify additional disclosure contained on its website and in its corporate presentation to address such comments.
Deep-South sees court push forward Haib licence renewal 2023-03-10 12:34 ET - News Release Mr. Pierre Leveille reports HAIB COPPER: THE RULE OF LAW PREVAILS IN NAMIBIA. THE HIGH COURT RENDERS VERDICT IN FAVOR OF DEEP-SOUTH The High Court of Namibia has rendered its judgment, and reviewed and set aside the decision of the minister not to renew Deep-South Resources Inc.'s Haib copper licence (EPL 3140). The effect of the order is that the minister must resume the licence renewal application procedure and arrive at a new decision. The court noted that the facts presented by Haib Minerals (Deep-South's subsidiary) should not have been ignored in the evaluation process. The judgment mentions that the minister and the mining commissioner did not consider the large investments carried out by Deep-South to develop a low-grade deposit. The court also states that the minister and the mining commissioner did not take into consideration the fact that the COVID-19 pandemic impacted the exploration program. The court also ordered the ministry to pay the legal costs of Haib Minerals. The minister and the mining commissioner have the right to appeal the judgement in the Supreme Court of Namibia. If they decide to lodge an appeal, the request shall be filed within 21 court days from the date of the judgement. Deep-South will now consult its legal advisers to prepare the way forward and pursue the licence renewal procedure. More information about the matter will be disclosed in due course. Pierre Leveille, president and chief executive officer of Deep-South, stated: "This is a very positive verdict, and we are confident to be able to create a new positive working relation with the minister and the new mining commissioner. It is also an important decision for Namibia, as it shows that the rule of law prevails in Namibia. Our board of directors would like to thank our shareholders for their strong support over all that difficult period." 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 projects, Deep-South embraces the green revolution. © 2023 Canjex Publishing Ltd. All rights reserved.
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.tradingview.com/symbols/TSXV-DSM/technicals/ Trading view:Buy- Strong Buy
CRUX INVESTOR INTERVIEW Deep South Resources (DSM) - Legal Victory. Haib Copper in Namibia Lives Again
RCTV | In Conversation with Deep South Resources Pierre Léveillé, President & CEO of Deep South Resources, joined RCTV host, Mark Bunting, to discuss the favourable verdict that Deep South received from the High Court in Namibia and more!
