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DSM.V - DSMTF 100% Cu & fully funded

Posted by rickydi at May 13, 2021 9:15 AM | Report Abuse

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rickydi DSM Advancing a World Class Copper Project to Feasibility Studies. Tier 1 project with strong economics for development. Haib Project Scratching the surface of a massive copper porphyry deposit in Namibia: Africa’s Premier Mining Jurisdiction

https://youtu.be/au6k_63WmJ8
17/05/2021 11:47 AM
rickydi https://youtu.be/h9khU90INC0

Deep-South Resources (CVE: DSM-OTC: DSMTF) CEO Pierre Leveille joined Steve Darling from Proactive to bring news the company has released their first drill results from their current program at the Haib Copper project in southern Namibia.
Leveille telling Proactive they saw significant copper and molybdenum intersections with numbers like 0.47% CuEq over 152 metres, including 30 metres at 0.81% CuE and 0.65% CuEq over 36 metres, Leveille also told Proactive a change in the way drilling has been done in the past is being proven successful with these first results
17/05/2021 11:49 AM
rickydi Copper Prices 2021 Outlook I Why Are Copper Prices Rising?

Could copper become one of the best trades of 2021? In this video we’ll look at why copper prices are rising and go over the latest copper news influencing copper prices with where we are at the end of April 2021.
Up massively year to date, the copper prices chart has shown a steady increase and the copper market is on the verge of hitting price levels not seen in nearly 10 years. Is it only up from here, or will this bull market experience the wrath of the bears in the near future? Stay until the end of this copper price outlook 2021, as we’ll be going over the latest copper price predictions with a look into the copper prices 2021 chart to give you everything you need to know about trading copper in 2021.
https://youtu.be/Pt13MxBbLY8
17/05/2021 11:50 AM
rickydi https://smallcaps.us/deep-south-resources-inc-dsm/
COMPANY SNAPSHOT: DEEP-SOUTH RESOURCES INC (DSM)

Symbol (CA): DSM
Symbol (US): DSMTF
Symbol (GER): DSD
Website: www.deepsouthresources.com

Deep-South currently holds 100% of the Haib Copper project in Namibia, one of the largest copper porphyry deposits in Africa. A recent PEA shows that at a copper price of $3.50 per lb, Haib generates an after-tax NPV of US $ 1.3 billion and an after tax IRR of 42.1%.
• INITIAL ASSAY RESULTS FROM HAIB COPPER PROJECT CONFIRM HIGH EXPECTATIONS
• DEEP-SOUTH RESOURCES ADVANCES ON ALL FRONTS WHILE DRILLING AT THE HAIB COPPER PROJECT IS IN FULL SWING
• AMBITIOUS DRILL PROGRAM KICKS OFF IN NAMIBIA AS DEEP-SOUTH RESOURCES ADVANCES HAIB COPPER DEPOSIT
• INITIAL REPORT EXPLAINS WHY DEEP-SOUTH RESOURCES IS EXTREMELY UNDERVALUED COPPER PLAY
• INTERVIEW WITH DEEP-SOUTH RESOURCES CEO REVEALS MASSIVE POTENTIAL IN COPPER SPACE
20/05/2021 8:33 AM
rickydi Deep-South to Host Live Webinar on Monday, May 24th at 2pm ET

Vancouver, B.C., Canada – TheNewswire - May 18, 2021 – Deep-South Resources Inc. ("Deep-South" or “the Company") (TSXV:DSM) (OTC:DSMTF) today announced that Pierre Leveille, President & CEO, will be hosting a live investor webinar on Monday, May 24 th to go through the Company’s May investor presentation including an overview of current operations and upcoming milestones.
You can register for the webinar below:

Register : Webinar Registration

(http://7514767.hs-sites.com/www.rbmilestone.com/deepsouth_webinar_event-may24th-0?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-_ttGTsAXD1vjfTXn51_5WjIqjkmjg1E9VoYUg2niKom_VHB-PKcNAVKweAo4zMJXoo8ltd)

HAVE QUESTIONS? Management will be available to answer your questions following the presentation on the webinar platform. You may also submit your question(s) beforehand via email to deepsouth@rbmilestone.com

About Deep-South Resources Inc
Deep-South Resources is a mineral exploration and development company. Deep-South holds 100% of the Haib Copper deposit in the south of Namibia. Haib is one of the largest undeveloped copper deposits in Africa.
The recent preliminary economic assessment showed that at a price of copper of $3.00 / lb, it generates an after-tax NPV of $950 million and an after-tax IRR of 30%.

At $4.00 / lb, it generates an after-tax NPV of $1,650 million and an after-tax IRR of 42%. (See the press release here: https://www.deepsouthresources.com/investors/news-releases/deep-south-pea-update-returns-singnificantly-improved-economics/ )
20/05/2021 8:35 AM
rickydi Deep-South Resources appoints Bellange as adviser

2021-05-20 11:42 ET - News Release

Mr. Pierre Leveille reports

DEEP-SOUTH APPOINTS DR MARTINEZ BELLANGE AS SPECIAL ADVISOR ON BIO LEACHING

Deep-South Resources Inc. has appointed Dr. Patricio Martinez Bellange as a special adviser on bio-assisted leaching and mining. Dr. Bellange was a director of hydrometallurgical and biotechnological processes at CodelcoTech, a technological subsidiary of Codelco, the largest copper mining company in the world.

Dr. Bellange stated, "I am pleased to join Deep-South and have the opportunity to work with Deep-South's team on the development of this great project".

Pierre Leveille, president and chief executive officer of Deep-South, stated: "We are delighted to welcome Dr. Martinez to advance the development of the Haib copper project. His vast expertise and experience in bio leaching and bio mining is a great addition to our team and without any doubt will be a great benefit to the company as we advance the development of the project."

Dr. Bellange is a biologist with a doctorate in biological sciences. He has been involved in the research and development of the next generation bio leaching technology used by Codelco. He has also been executive director of the sustainable tailings program of Corfo, which is partially financed by Codelco. The program was focused on bio technological recovery of value elements from secondary resources. He is a former industrial researcher and project manager at BioSigma S.A., a joint venture where he participated in the research and development of the bio leaching first technology used by Codelco. Dr. Bellange has been involved in other research programs on bio leaching of low-grade sulphides. During his career he authored or co-authored 12 scientific publications. He has been co-author of one book on the study of Acidophiles and one book on Biomining, which is soon to be published. Dr. Bellange has also been the author of five patents related to biotechnology and bio leaching process technologies. He has served five research stays in universities in the United States, France and Japan. Dr. Bellange holds a bachelor in biology from the Catholic University of Valparaiso in Chile, a PhD in biological sciences from the Pontifical Catholic University of Chile and a diploma in management of innovation and technology from the University of Notre Dame in Indiana, U.S., as well as the University Alberto Hurtado in Santiago, Chile. Dr. Bellange is currently a visiting professor in the international master of science in sustainable and innovative natural resource management at Freiberg University in Germany.

About Deep-South Resources Inc.

Deep-South Resources is a mineral exploration and development company. Deep-South holds 100 per cent of the Haib copper deposit in the south of Namibia. Haib is one of the largest undeveloped copper deposits in Africa.

The recent preliminary economic assessment showed that at a price of copper of $3.00 per pound generates an after-tax NPV of $950-million and an after-tax IRR of 30 per cent.

At $4.00/lb, it generates an after-tax NPV of $1.65-billion and an after-tax IRR of 42 per cent.

Deep-South growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and close to infrastructures in stable countries. In using and assessing environmental friendly technologies in the development of its copper project, Deep-South embraces the green revolution.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.
20/05/2021 4:16 PM
rickydi Deep-South Resources (DSM) - Targeting Large Copper Resource by Q4/21

Interview with Pierre Léveillé, President & CEO of Deep-South Resources (TSX-V: DSM)
The Haib project is a large, low grade project which produced a robust PEA in December and Deep-South is now drilling the high grade section of the deposit.
They have found high grade zones which will go towards a PFS in 2022 and a new resource estimate in October ‘21.
Deep-South is also resuming heap leach testing which has been very successful so far.
The company produced some good drill results in May and have completed 66,000m of drilling with another 10,000m of further in-fill drilling needed for the PFS.
Between now and the PFS coming out in early 2022, the company is fully funded, after which they will need to raise C$5-7m to fund a further 20-25,000m drill program.
The first goal for Deep-South is to improve the grade and the second goal is to improve the tonnage of the deposit with extra drilling to add value and transform the deposit into a serious Copper project for the future.
With the current electrification and Copper thematic, it is good timing for Copper companies and Deep-South is busy drilling now until mid-July and will have results coming out until mid-August.
The company is also undertaking a scoping study at the project which is looking at alternative power, water usage, future impact study and assess the leach pad.
Deep-South has a busy result driven 9 month period ahead and will be releasing news and results from their activities between now and the end of the year.

https://www.youtube.com/watch?v=74NM0iqnvww
27/05/2021 5:05 PM
rickydi #DEEPSOUTH #DSM #DSMTF #100%-COPPER #FULLY-FUNDED
The #copper #bullrun could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge. Copper has been trading near all-time highs in recent weeks and, after slipping on a warning from China over speculation earlier this week, prices picked up again on Tuesday. In a note to investors Friday, CFRA argued it remains #bullish on the red metal, echoing the likes of #BankofAmerica and #GoldmanSachs, which recently characterized copper as "the new oil" and projected a multi-year #bullmarket fueled by a surge in green capital expenditure and a dearth of mining projects. CFRA suggested the copper bull run might be in the "early to middle innings," with significantly #moreupside potential. Taking this into account, Equity Research Analyst Matthew Miller picked four stocks poised to outperform their peers and the broader market as a result of the rally.
https://youtu.be/oy-LhInHZvw
28/05/2021 9:44 AM
rickydi Copper $20,000 and Santo Tomas

https://youtu.be/jgmcZoeStFE
01/06/2021 12:32 PM
rickydi Pierre Leveille, President and CEO of Deep-South Resources presented on the Emerging Growth Conference on May 26, 2021.

Deep-South Resources (OTCQB: DSMTF), (TSX: DSM) is a mineral exploration and development company. Deep-South is actively involved in the acquisition, exploration and development of major mineral properties in Africa.

https://youtu.be/ksBHruIssKg
07/06/2021 8:44 AM
ALMA_DONALD1 It is my humble pleasure in bringing to your notice the very best of loan financing. We wish to express our willingness in funding your dream projects by providing personal or business loans within your PAYBACK capability. This funding program allows a client to enjoy low interest payback for as low as (2%) per annum for a period of 1-10 years. We would be happy to receive your Executive Summary/Project Plan as well as accepting an NDA. It is our firm resolve to diligently participate in any viable project of your choice with a view of financing and providing soft loans for such. Feel free to contact the below Email as we have more to share with you.                    Email: jacobhensell@altafinance.org
07/06/2021 8:54 AM
rickydi 2021-06-10 08:04 ET - News Release
Mr. Pierre Leveille reports
DEEP-SOUTH (DSMTF) INTERSECTS 156 METRES OF 0.46% CUEQ, INCLUDING 24 METRES OF 0.65% CUEQ FROM 26 METRES DEEP
Deep-South Resources Inc. has provided the second batch of assay results from its current drilling program at its Haib copper project in southern Namibia.
Significant copper and molybdenum intersections include:
• HM03: 0.46 per cent copper equivalent over 156 metres, including 24 metres at 0.65 per cent copper equivalent;
• HM02: 0.39 per cent CuEq over 74 metres, including six metres at 0.73 per cent CuEq;
• HM04: 0.43 per cent CuEq over 26 metres, including four metres at 0.87 per cent CuEq.
Pierre Leveille, president and chief executive officer of Deep-South, stated: "We continue to have success with our active drill program identifying thick, higher-grade zones. We are consistently intercepting significantly higher grades than the average grade of our NI [National Instrument] 43-101 indicated resource that stands at 0.31 per cent Cu. The higher-grade zone in pit 2 extends significantly further west and at depth than previously demonstrated. It's increasingly apparent that the use of vertical drilling in the past missed many of the near-vertical structures contained within the broader mineralization of the project. Those near-vertical structures so far are proving to be associated with a higher grade of copper than contained within the current resource. Additionally, the presence of molybdenum has been confirmed with high Mo grades obtained in association with structures and alterations."
These three holes for which assay results have been received cover about 684.11 metres and were drilled on the central mineralized portion of the deposit to better delineate the extension of this zone to other mineralized areas located to the northwest and southwest. The holes have successfully encountered intercepts of mineralization from bedrock or near bedrock surface.

Coplete PR: https://www.stockwatch.com/News/Item/Z-C!DSM-3096677/C/DSM
10/06/2021 11:49 AM
rickydi Live Spot Prices

SPOT PRICE IS OPEN
Price: US$/lb

Copper June 11,07:19
Bid/Ask 4.5087-4.5103
Change +0.0732 +1.65%
Low/High 4.4266-4.5298
11/06/2021 7:31 AM
rickydi Deep-South Resources (CVE: DSM-OTC: DSMTF) President and CEO Pierre Léveillé, joined Stephen Gunnion from Proactive with detail of the second batch of assay results from the company's current drilling programme at its Haib copper project in southern Namibia.

Léveillé, telling Proactive that Deep-South continues to have success with its active drill program identifying thick, higher-trade zones.

https://youtu.be/O8pi186bCRc
14/06/2021 11:51 AM
rickydi UPDATE ON DEEP-SOUTH HAIB COPPER LICENCE RENEWAL

2021-06-16 16:02 ET - News Release
Mr. Pierre Leveille reports

Deep-South Resources Inc. has received notice from the Ministry of Mines and Energy of Namibia informing the company that its application for the renewal of exclusive prospecting licence No. 3140 has been denied, citing the company's inability to advance the licence to prefeasibility and complete the proposed drilling program as planned.

''''''''''The company has requested an urgent meeting with the Minister of Mines and Energy to review and reverse the decision. The company is convinced it is a misunderstanding. ''''''''''''

''''''''''The minister has accepted a meeting to discuss the matter. The meeting should take place early next week.''''''''''''''

The company maintains that the ministry was kept well apprised, with no objection on its part, of a proposed change from the prefeasibility study to an upgraded preliminary economic assessment and the commencement of a full feasibility study. Moreover, the ministry issued all permits required for the drilling program and is well aware that Deep-South has completed the drilling program.

Pierre Leveille, president and chief executive officer of Deep-South, stated: "In the context that the company is well funded and moving ahead with a large development program, the decision of the minister is surprising and certainly not in the best interest of the development of the mineral resources of Namibia. We believe that a meeting with the minister will remove any possible misunderstanding and the situation will be rectified in the shortest time frame possible. We are hopeful that our efforts to meet with the minister will reach a positive outcome."

In its application for renewal and subsequent representations made to the ministry, the company has clearly demonstrated that it adequately meets the criteria under the Minerals (Prospecting and Mining) Act (Namibia) to justify the renewal of its licence. '''''''Accordingly, the company is of the opinion that the refusal is unreasonable.'''''''''

The company has demonstrated to the minister that during the past two tenures (from April, 2017, to April, 2021), it has invested $2-million with the completion of, among other things: a National Instrument 43-101 resource estimate; a preliminary economic assessment; a large two-ton sampling and heap-leach test; geological mapping; modelling; and an upgraded preliminary economic assessment. Furthermore, in its renewal application, the company has proposed a feasibility study program with a budget of $7.1-million. The program was under way with three drills and 42 employees on site. METS and CSIRO (Commonwealth Scientific and Industrial Research Organisation) of Australia have also begun metallurgical tests, bioleaching, high-pressure grinding roller tests and a flowsheet optimization program in two laboratories in Australia. Knight Piesold also has four scoping studies under way, covering: water usage; alternative power solutions; leach pad assessment; and environmental path to the ESIA. The company has also informed the ministry that at the completion of the feasibility study, it is planning to build a pilot plant on site for an estimated cost of $25.5-million.

As a result of the minister's refusal to renew the licence, the company has immediately suspended all work on site and hopes that the retrenchment of its employees will be avoided.

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.
Source: https://www.stockwatch.com/News/Item/Z-C!DSM-3099342/C/DSM
17/06/2021 7:39 AM
rickydi https://www.stockwatch.com/News/Item/Z-C!DSM-3099676/C/DSM
Deep-South Resources to resume at open
2021-06-17 08:40 ET - Resume Trading
Deep-South Resources Inc. will resume at the open on June 17, 2021.
17/06/2021 9:31 AM
rickydi DSM BOXING DAY

V:DSM - DEEP SOUTH RESOURCES INC - http://www.deepsouthresources.com
10:16:33 EDT
Sym-X Bid - Ask Vol
DSM 12.5--0.13 7,607.0
17/06/2021 10:23 AM
rickydi DSM believe that a meeting with the minister will remove any possible misunderstanding and the situation will be rectified

When rectified the stock will gap to 0.19-0.22¢ range
18/06/2021 7:42 AM
rickydi Sadike Nepela, Deep South Res. Director
Sadike Nepela serves as General Manager of Kalahari Minerals PLC.

.................For a number of years, Mr. Nepela served as an Assistant to the Minister in the Namibian Ministry of Mines and Energy...............

and most recently he has been the General Manager for Westport Resources, a subsidiary of Forsys Metals Corp.(listed on the TSX). He is also a Fellow of the International Centre for Research and Training in Major Projects Management, Montreal, Canada. Mr. Nepela is a graduate of the University of Witwatersrand, Johannesburg and has also studied at the University of Connecticut, West Hartford, USA.
19/06/2021 9:40 AM
rickydi Answers from our CEO
FYI: Quoted answers by CEO after permission of going public
CEO: See my answers after each of you questions below:

• EMP for EPL 3140
The EMP for EPL 3140 was filled in august 2020 of your subsidary:
the-eis.com/elibrary/sites/def…0Mineral%20EPL%203140.pdf
SLR Consulting (Africa) (Pty) Ltd (SLR) has been appointed by Haib Minerals as the independent environmental assessment practitioners to undertake the EMP amendment process and submit the updated EMP to MET for their review and approval.

Was it submitted to MET? Is it approved?
Is that MET linked with the EPL conditions?
Answer: The EMP was filed and approved. When approved it is an Environmental Clearance Certificate that is issued for 3 years. We have the ECC since February as it is a condition to start drilling. The Ministry of Mines has issued the drilling permit only on the condition that we have the ECC

• Please comment the progress:
[*] Drilling 20 holes for both metallurgical tests and geo-tech holes on three target area (Target Area 1, 2,and 3) with identified 10 sites (refer to Figure 1-3).
[*] Excavation of 4 representative trenches, ±20 meters long and ±1 meter deep in the above mentioned target areas. (think buld samples permitted til Nov202
• [*] Extraction of water from the Orange River for drilling purposes (as per previous EMP).
Answer: The information you have is different in the resulting ECCas we have changed the trenches for more drilling and it has been approved. If we drill it is because we have received all authorizations for the District Concilor, which is the relevant authority to approve water extraction for exploration. For mining it is a different authority.

• As far as we know - some time ago - there was also a MDRL fr Haib applied.
That would provide sharesholders much more safety than a conditioned EPL.
Have you applied for a MDRL?
What is the current status or the feedback of MET
Answer: The MDRL application was filed by Teck Resources in January 2017 with the Ministry of Mines, not the MET, which has nothing to do with the granting of exploration or mining licences. At the time Teck was still holding 70% of the company holding the licence and they have done it without our consent. MDRL application was very bad news. A Mining Deposit Retention Licence is filed for up to 5 years when a company intends to carry no exploration or development work for a period of up to 5 years.
We bought Teck 70% interest in May 2017 and immediately requested to apply for an extension of the EPL, which was approved by the Ministry. The MDRL filed by Teck was refused.

• Some of us are confused because we didn't find a NR or sedar Filling of the very important old application extension til 21.04.2021.
Is there a filling?
And if not, why?
Answer: We have never issued NR for an application of a licence renewal. However, you can understand that if the Ministry has refused the licence renewal it is because we have filed an application for renewal. I confirm, we have duly applied

• Pilot Plant
"The Company has also informed the Ministry that at the completion of the Feasibility Study, it is planning to build a pilot plant on site for an estimated cost of CAD$ 25.5 million"

Our concern is that it will be difficult to communicate positively to investors. Which strategic Partner will invest before getting the detailed recovery results? That could lead to much dilution.
Was this pilot plant part of the updated PEA?
Do you think it will be obligatory ;-) to convince MET to get the EPL renewal
Answer: The pilot plant is not part of the updated PEA but will be part of the Feasibility Study (FS). It is normal to inform the Ministry of Mines of the long term planning. Building a pilot plant after the FS is a normal step for any project in development and not
planning it would be weak project management.. I am always fascinated to see how some investors are bothering with potential dilution that could only happen in a long time (2.5 years) and only if certain conditions are met. In this case, the FS needs to be positive and recommend the pilot plant. We are confident that if the FS is positive and recommend the pilot plant, our market cap will be higher and we will limit dilution. Also, the FS can be convincing for a strategic partner. So, there will be many conditions that will evolve and change over time that makes a discussion about dilution today quite speculative and useless

We don’t have to convince MET (Ministry of Environment and Tourism) for the renewal of any exploration licences. We have to convince MME (Ministry of Mines and Energy)
22/06/2021 2:22 PM
rickydi Pierre Léveillé, President & CEO of Deep-South Resources, makes an announcement following this week’s news release. Pierre will keep you informed of any upcoming developments. See more here.
TSX-V: DSM OTCQB :DSMTF

LINK TO VIDEO
https://twitter.com/i/status/1406002691806056448
23/06/2021 1:11 PM
rickydi Deep-South Resources halted at 12:04 p.m. PT

2021-06-23 15:08 ET - Halt Trading

Deep-South Resources Inc. has been halted at 12:04 p.m. PT on June 23, 2021, at the request of the company, pending news.

© 2021 Canjex Publishing Ltd. All rights reserved.
23/06/2021 3:22 PM
rickydi http://www.prnewswire.com/news-releases/update-on-deep-south-haib-copper-licence-renewal-application-301320006.html

SUMMARY

VANCOUVER, BC, June 25, 2021 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) announces that further to the meeting yesterday with the Minister of Mines and Energy of Namibia and other Officials of the Ministry of Mines and Energy (the "Ministry"), the Company has received a notice from the Minister confirming that the Company's application for the renewal of its Exclusive Prospecting Licence 3140 (the "Licence") has been refused.
The Company intends to vigorously contest this decision by all means necessary and available under the Minerals (Prospecting and Mining) Act (the "Act") and other applicable laws of Namibia. In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.
As disclosed in our press release dated June 16, 2021, the Company had received notice from the Ministry informing the Company that its application for the renewal of its EPL had been denied citing the Company's inability to advance the EPL to Pre-Feasibility and complete the proposed drilling program as planned. The Company maintains that the Ministry was kept well apprised, with no objection on their part, of a proposed change from the Pre-Feasibility study to upgraded Preliminary Economic Assessment (PEA) and commencement of a full feasibility study. Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.
As a result of the Minister's refusal to renew the Licence, the Company has terminated all work on site and has proceeded with the retrenchment of its employees on site.
25/06/2021 9:06 AM
rickydi Last 6 trading days DSM volume is 101,411,472

DSMTF last 6 trading days volume is 4,998,601

Deep-South Shares Issued 146,334,700
26/06/2021 7:58 AM
rickydi https://www.barchart.com/stocks/quotes/DSM.VN/overview

Barchart Technical Opinion WEAK SELL

The market is in highly oversold territory. Beware of a trend reversal
28/06/2021 11:48 AM
rickydi Looking forward for DSM to recover EPL 3140

My evaluation of the situation is the the Minister of Mines and Energy based his decision only with the briefing of a tire kicker needing a claim of fame.

When the Chairman met with the Minister, the Minister took a lot of notes.

In these countries a Minister take his time before reversing a decision, simply to avoid looking stupid.

On the other hand Namibia sent a strong signal to foreign companies ''spend a lot of money and when we are ready will give you a kick in the butt''. Countries doing that don’t attrack international capital.
29/06/2021 9:12 AM
rickydi ORIGINAL: Director Sadike Nepela Dies at the Age of 59

2021-07-02 09:36 ET - News Release Summary

Vancouver, B.C., Canada – TheNewswire - July 2, 2021 – Deep-South Resources Inc. ("Deep-South" or “the Company") (TSXV:DSM) (OTC:DSMTF) announces that Luke Sadike Nepela has passed on after a short illness.

The Board of Directors offers it’s condolences to his wife and family.

The Board acknowledge his dedication as a Director of the Company.

John Akwenye, Chairman of Deep-South stated, "We will miss a very good colleague and for some of us we will miss a very good person and friend “.

Mr. Nepela will not be immediately replaced on the Board of Directors


Complete news available at:
https://www.stockwatch.com/News/Item/Z-C!DSM-3106577/C/DSM
02/07/2021 11:33 AM
rickydi 95% of all shares issued traded since june 17, 2021

DEEP SOUTH RESOURCES INC - http://deepsouthresources.com
09/07/2021 12:13 PM
rickydi Since june 17, 2021 nearly 100% of the shares issued traded
@ 0.045-0.05¢ the stock tade at cash value per share
At that level we have a strong support

Now we have 3 potential scenarios

1- Namibia renew the license.......NOPE ......The ministry doesn't want to loose face

2- DSM take legal remedies, Win or Loose the International communities will know that Namibia is no longer a friendly location

3- Use working cap to acquire a better deal in a better location

#3 is in the woodwork
16/07/2021 11:59 AM
rickydi 3 Key players for a major power play

John H. Akwenye, Chairman, Director

Mr. Akwenye is a Namibian retired lawyer with over 30 years of experience in business development in Namibia. From 1994 to 2008, he was Chairman of Guinas Investents (PTY) Ltd a Swapo owned investment company. He has been chairman of the Namibian Airports Company from 2001 to 2004. He is Director of Corporations such as Areva Resources Namibia and PE Minerals and he his currently Chairman of Deep-South Mining Company (PTY) Ltd and Director of Haib Minerals (PTY) Ltd.

Pierre Léveillé, President & CEO, Director

Mr. Léveillé has over 28 years of experience in the International financial sector and 20 years of experience in the mining exploration industry. Mr. Léveillé has started is career as an Investment Advisor and an Investment Banker with a large Canadian Securities brokerage firm. From the mid 1990’s to today, he has been Executive and Director of several exploration companies active in Africa. He has financed and managed exploration projects in Namibia since 1996 including the acquisition and operation of a diamond mine. He has realized over US$ 75 million in transactions and financing for Namibian and African mining exploration projects.

Chad Williams, Director for DSM

Mr. Williams has an extensive background in capital markets and business management. He is the founder and Chairman of Red Cloud Mining Capital Inc., serves on the board of Blue Thunder Mining Inc., Golden Tag Resources Ltd., Karora Resources Inc., and Honey Badger Silver Inc. He was one of the founders of Agilith Capital Inc. as well as Westwind Capital Inc. He previously held the positions of CEO of Victoria Gold Corp., Head of Mining Investment Banking at Blackmont Capital Inc. and was a top-ranked mining analyst at TD Bank and other Canadian brokerage firms. Mr. Williams holds both a P.Eng in Mining and an MBA from McGill University, Montreal.
21/07/2021 10:49 AM
rickydi Since June 17, 2021
100% of all shares issued were traded on OTCQB AND TSX.V
DSM & DSMTF
21/07/2021 11:10 AM
rickydi DSM - V..size bid..bid...ask...size ask...last..............volume
........1725.0....0.04...0.045...15.0.....0.045..............69.2

Cash Balance, February 28, 2021 $5,431,534

Cash surpport the share price @0.04¢

DSM looking at other opprtunities in safer jurisdiction

Since june 16, 2021 expenses in Namibia = 0.00$
28/07/2021 2:12 PM
rickydi Deep-South Receives DTC Eligibility in the US

2021-08-13 08:45 ET - News Release

VANCOUVER, BC, Aug. 13, 2021 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) announces that it has received Depository Trust & Clearing Corporation ("DTC") eligibility, making the Company's securities more accessible to US investors.

The DTC is the largest securities depository in the world and facilitates electronic settlement of stock certificate transfers in the United States. The shares of the Company, trading under the symbol "DSMTF" and Cusip # 24378W103 in the United States, are now eligible to be electronically cleared and settled through the DTC and is therefore considered "DTC eligible".

This electronic method of clearing securities accelerates the settlement process for investors and brokers.

"We are very pleased that the Company is now DTC eligible, providing US investors further opportunities to participate in Deep-South's growth," said Pierre Leveille, CEO of Deep-South. "Deep-South's stock is now traded in Canada, Germany, and the United States. We are well positioned in both domestic and international markets to grow our global investor base."
13/08/2021 10:11 AM
rickydi https://www.stockwatch.com/News/Item/Z-C!DSM-3135225/C/DSM

Deep-South's Haib licence blocked by Namibian court

2021-09-01 09:08 ET - News Release

An anonymous director reports
HIGH COURT OF NAMIBIA INTERDICTS THE MINISTRY OF MINES TO GRANT ANY MINERAL LICENCES OVER HAIB COPPER LICENCE IN NAMIBIA

Deep-South Resources Inc. says that the High Court of Namibia has rendered a decision that interdicts and restrains the Ministry of Mines and Energy of Namibia to grant a mineral licence, including an exclusive and prospecting licence (EPL), in terms of the Minerals Act 1992, to any person or company over the area covered by the Haib copper project -- EPL 3140. The interdict and restrain order are in force until the final determination of the application to the High Court to review the decision of the Minister to not renew EPL 3140.

The Court will hold another hearing on September 16, 2021, to define the steps forward with regards to the review of the decision of the Minister.

The Company will provide regular updates in this regard and any other matter concerning this situation.

As disclosed in our press release dated June 16, 2021, the Company had received notice from the Ministry informing the Company that its application for the renewal of its EPL had been denied citing the Company's inability to advance the EPL to Pre-Feasibility and complete the proposed drilling program as planned. The Company maintains that the Ministry was kept well apprised, with no objection on their part, of a proposed change from the Pre-Feasibility study to an upgraded Preliminary Economic Assessment (PEA) and commencement of a full feasibility study. The latter was already started. Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.
As a result of the Minister's refusal to renew the Licence, the Company has terminated all work on site and has proceeded with the retrenchment of its employees on site.

The Company is vigorously contesting this decision by all means necessary and available under the Minerals (Prospecting and Mining) Act (the "Act") and other applicable laws of Namibia. In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.

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.
01/09/2021 10:07 AM

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