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DSMTF (Deep-South Resources Inc.) is no longer actively trading.
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Deep-South Resources Inc. is an emerging enterprise dedicated to the acquisition, exploration, and progression of mineral properties, primarily concentrating its efforts on discovering copper deposits. The company maintains complete ownership of the Haib project, located in the southern region of Namibia. Established in 1987, this firm, headquartered in Vancouver, Canada, operated under the name Jet Gold Corp. until it formally changed to Deep-South Resources Inc. in November 2016.
Deep-South Resources Inc (TSX-V:DSM) announced that it will start the soil sampling program on its three licences in Zambia following approval of the Environmental Project Briefs (EPB) submitted to the Zambia Environmental Management Agency (ZEMA). The mineral exploration and development company said the program consists of geochemical soil sampling on each licence, with the aim of identifying anomalies and defining drilling targets.
Deep-South Resources Inc (TSX-V:DSM) has issued an update on its exploration programs in Zambia, revealing its soil sampling programs for three exploration licenses. Back in July, the company closed a deal to acquire up to an 80% undivided interest in three copper large-scale exploration licenses in the Zambian copper belt and a month later filed project environmental briefs with the Zambia Environmental Management Agency (ZEMA) Project Environmental Briefs for each license.
Deep-South Resources Inc (TSX-V:DSM) reported it had closed a previously reported option deal with World Class Minerals Venture Ltd (WCMV) to acquire up to 80% of three large exploration licences in the prolific Zambian copper belt - one of the globe's most prolific metals belts. WCMV has granted Deep South the exclusive right to acquire the stakes over five years following the execution of the option deal, which covers licences LEL 23246, LEL 23247 and LEL 23248.
Deep-South Resources Inc (TSX-V:DSM) said that the Namibian legal counsel for the company and its subsidiary, Haib Minerals Ltd has amended and supplemented the original application on behalf of Haib with the High Court of Namibia for an order that the Minister of Mines and Energy should grant the renewal of the Haib Copper EPL 3140 licence within 30 days of the issuing of the order. The Vancouver-based company said that the Ministry has not filed any documents supporting the process followed by the Minister, the Mining Commissioner and the Ministry's relevant officials assessing and deliberating on the Haib renewal application for the Haib Copper EPL 3140 licence.
Deep-South Resources Inc (TSX-V:DSM) reported that the legal counsel of the Ministry of Mines and Energy of Namibia proceeded with the company's last filing on November 17, 2021, regarding its Haib Copper project. As reported in June 2021, the firm's renewal of licence EPL 3140 covering the Haib asset was denied by the Ministry.