DeSoto Resources Limited

Desoto Resources Limited is an Australia-based gold and battery-metal exploration company. The Company is engaged in mineral exploration and evaluation in the Northern Territory. The Company’s projects include Fenix Lithium Gold Project, Fenton Gold Project, and Spectrum rare earth elements (REE) Project. Fenix Lithium Gold Project has a large 345 square kilometers of land position in a prolific mineral region. The Fenix Lithium Gold Project has three 100%-owned and granted tenements located within the Pine Creek Pegmatite Field. The Fenton Gold Project has three 100%-owned and granted tenements and three 100%-owned applications. The Spectrum rare earth elements (REE) Project is strategically located inside the existing Fenton Project. Spectrum rare earth elements (REE) Project includes Quantum REE-Au-Ag Prospect and Vesper Base-Metals Prospect. Vesper Base-Metals Prospect is located 1.5 kilometers (km) from Quantum REE Prospect.