RED CLOUD SECURITIES REPORT Withthepathwaycleartogetbacktowork atHaib,wearemovingDeep-SouthoutfromUnderReviewtoaBUY (Speculative)ratingwithaC$1.05/shtargetprice.Wecontinuetobe oftheviewthatHaibisamassive,near-surface,sulfideCuporphyry depositwithexcellentexpansionpotential. Use the link below to read the RC report https://acrobat.adobe.com/link/review?uri=urn:aaid:scds:US:24c4b35d-3e09-3e4c-a82f-67af4d19b652
Barchart Technical Opinion '''''''''STRONG BUY''''''''''' The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend.
Deep-South outlines more June, 2021, Haib drill results 2023-07-26 07:35 ET - News Release Mr. Pierre Leveille reports DEEP-SOUTH INTERSECTED 64 METRES OF 0.61% CUEQ, INCLUDING 16 METRES OF 0.79% CUEQ FROM 26 METRES DEEP FROM THE 2021 DRILLING PROGRAM UNDISCLOSED RESULTS Complete details @: https://www.deepsouthresources.com/investors/news-releases/deep-south-intersected-64-metres-of-0-61-cueq-including-16-metres-of-0-79-cueq-from-26-metres-deep-from-the-2021-drilling-program-undisclosed-results/
https://www.deepsouthresources.com/investors/news-releases/ TODAY Significant copper and molybdenum intersections include: · HM11 : 0.62% CuEq over 10 metres, including 4 metres @ 0.97% CuEq · HM11 : 0.46% CuEq over 26.36 metres including 4m @ 0.76% CuEq · HM12:0.76% CuEq over 20 metres including 4m @ 2.57% CuEq · HM14 : 0.35% CuEq over 30 metres from surface and 0.48% CuEq over 26 metres · HM22 : 0.63% CuEq over 50 metres including 0.80% CuEq over 16.00 metres · HM26 : 0.37% CuEq over 16 metres from 26 metres below surface Vancouver, B.C., Canada – August 3, 2023 – Deep-South Resources Inc. ("Deep-South" or “the Company") (TSX-V: DSM) announces the fourth batch of assay results from its drilling program interrupted in June 2021 at its Haib Copper project in southern Namibia. The program was interrupted when the Ministry of Mines and Energy of Namibia had denied the renewal of the Haib Copper licence EPL 3140. Results from 13 drill holes have been received in full after the renewal denial of the licence, with partial results received for 1 drill hole. The first 6 drill holes were previously reported.Following the completion of QA/QC the results for the remaining 7 holes are disclosed here.
Understanding HAIB Cu property in 3 minutes 19 seconds https://stockhouse.com/video/thepowerplay/chYLbFpz
https://www.stockwatch.com/News/Item/Z-C!DSM-3442732/C/DSM Deep-South Appoints the MSA Group for an Updated NI 43-101 Mineral Resource Estimate on the Haib Copper Project in Namibia 2023-08-10 10:58 ET - News Release VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Deep-South Resources Inc. ("Deep-South" or “theCompany") (TSX-V: DSM) announces that it has appointed the MSA Group (“MSA”) of South Africa to produce an updated National Instrument (“NI”) 43-101 Mineral Resource Estimate for the Company’s 100%-owned advanced Haib copper project located in the south of Namibia. The mandate of MSA was interrupted when the Ministry of Mines refused to approve the renewal of the Haib Copper license. The Mineral Resource Estimate and subsequent technical report will follow the completion of the drilling program that was stopped in June 2021. There are still 5,200 meters of drilling to be completed. Pierre Leveille, President & CEO of Deep-South stated that: "We are pleased to have re-engaged MSA; their vast experience will help to enhance an already robust project and unlock further value while reducing risk for our shareholders. With the backdrop of a strong copper price, we are highly optimistic for the coming years that Haib will garner additional interest from investors and other interested parties.” MSA has already started to review the historical drilling data in order to specify the additional drilling needed to produce the Mineral Resource estimate. The mandate of MSA includes site visits to verify data collection, quality assurance and controls, develop a structural geological model in collaboration with Deep-South’s geological team, assess the presence of domains and model these domains in three dimensions, complete a geostatistical study for each domain and issue an updated NI 43-101 Mineral Resource estimate. About MSA The MSA Group is a leading provider of exploration, geology, mineral resource and reserve estimation, mining and environmental consulting services to the mining industry. Established in 1983, MSA has serviced its international client base in more than 40 countries. MSA is the leading provider of mineral exploration services on the African continent. You can visit their web site at: http://msagroupservices.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. The Company holds the Haib Copper Project in Namibia and holds an interest in three exploration licenses in the Copperbelt in Zambia. In using and assessing environmentally friendly technologies in the development of its copper projects, Deep-South embraces the green revolution. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in thepolicies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of this release. More information is available by contacting Pierre Léveillé, President & CEO at +1-819-340-0140 or at: [email protected]
TSXVSM - Deep-South Resources Inc. http://www.deepsouthresources.com/ HAIB KEY FACTS HAIB copper porphyry deposit advancing to feasibility stage. 37,000 hectares property..................................Resource of 3.1 Billion pounds Potential to expand the size and grade of the resource. With Cu price of US$3.50 a pound the net present value (NPV) is US$1.3 billion...............After-tax IRR is 42.1%. Capex of US$341 millions......................After-tax payback just over 4 years...............24-year mine life. Bio heap leach processing, Recoveries of up to 96%. Haib located near regional infrastructure. DSM planning 5,000m of diamond drilling to focus on the high-grade area of the deposit uncovered by the company in 2019. The objective is to fill in gaps and improve the average grade and expand the tonnage ahead of a potential measured resource estimate for this high-grade area. The company has also identified five new potential satellite targets at Haib, which could further boost the resource tonnage when drilled out. The deepest drill hole at the project extends to a depth of c. 850 m below the surface demonstrating that the ore-body remains open at depth. Additional deeper drilling would allow the resource estimate to be expanded. DSN planning to carry out further metallurgical test-work in a bid to reduce operational costs and complete mining engineering design, environmental impact assessment and base-line studies.
Deep-South closed first tranche of a non-brokered private placement. Institutional investors to subscribe 1,500,000$ out of the 2,000,000$ financing.
ORIGINAL: Deep-South Closed the Oversubscribed Private Placement Totaling $2,068,729 2023-09-26 07:30 ET - News Release VANCOUVER, British Columbia, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Deep-South Resources Inc. ("Deep-South" or the Company) (TSX-V: DSM) announces that the Company closed the second tranche of its oversubscribed non-brokered private placement (“Private Placement”) for an amount totaling $1,803,282. The first tranche closed September 6, 2023 for an amount of $265,447. The two tranches together total $2,068,729. In aggregate, the two tranches of the Private Placement comprise 31,826,596 units (the “Units”) of Deep-South, at a subscription price of $0.065 per Unit. Each Unit consists of one (1) common share and one half (1/2) of one common share purchase warrant (“Warrant”). Each full Warrant will entitle the holder thereof to purchase one (1) common share at an exercise price of $0.10 for twenty-four (24) months from the date of closing of the placement. Each security issued has a mandatory four (4) month hold period from the date of closing of the placement. The Company has paid finders fees totalling $123,207 and 1,895,310 broker warrants. The broker warrants have an exercise price of $0.065 for for twenty-four (24) months from the date of closing of the placement. Each broker warrant entitles the holder to purchase one common share. This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements. The proceeds of the private placement will be used for further exploration on the projects in Namibia and Zambia and for general working capital. About Deep-South Resources Inc. Deep-South Resources is a mineral exploration and development company. Deep-South’s growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. The Company holds the Haib Copper Project in Namibia and holds an interest in three exploration licenses in the Copperbelt in Zambia. In using and assessing environmentally friendly technologies in the development of its copper projects, Deep-South embraces the green revolution. More information is available by contacting Pierre Léveillé, President & CEO at +1-819-340-0140 or at: [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in thepolicies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of this release.
Copper Treasures in Namibia and Zambia................................Deep-South Resources ($DSM) https://youtu.be/qd-DWXwuBhM 24 oct. 2023 #stockstowatch#stockstotrade#stockstobuy In this informative Stocks To Watch interview, we speak with Pierre Léveillé, the President, CEO, and Director of Deep-South Resources Inc. (TSXV: DSM). Deep-South Resources is focused on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. Pierre provides a comprehensive overview of Deep-South Resources' primary project, the Haib Project in Namibia, which boasts an impressive indicated mineral resource estimate of 3.12 billion pounds of copper. Additionally, Pierre also highlights Deep-South Resources’ exploration licenses at the heart of Zambia's copper belt near assets of major mining companies such as Barrick Gold, Glencore, Rio Tinto, and First Quantum Minerals. Hear also from the CEO as he gives insights into the critical role of copper in our modern society due to the electrification of vehicles and the green transformation. Join Deep-South Resources’ story: https://www.deepsouthresources.com#stockstowatch#stockstotrade#stockstobuy
https://www.deepsouthresources.com/projects/haib-copper/ ............................Haib CAPEX 341M $ U.S. OPEX 91M $ U.S................................. .................How do you financw a production startup with a 0.05¢ stock......................... Large Cu deposit for a small cap company Small CU deposit for a Blue Chip company
Barchart Technical Opinion https://www.barchart.com/stocks/quotes/DSM.VN/overview STRONG SELL The Barchart Technical Opinion rating is a 100% Sell and ranks in the Top 1% of all short terms signal directions. Long term indicators fully support a continuation of the trend.
