Stockhead’s Sarah Hughan sits down with DeSoto Resources (ASX:DES) managing director Chris Swallow to get the short end of the long story on the company’s latest news.

DeSoto has found a high-grade rare earth deposit hiding in plain sight after conducting an airborne survey over its gold project in the Northern Territory.

With a strike length of 4.5km, as well as a large electromagnetic anomaly to the south of it – it’s a walk-up start for the explorer.

Tune in to hear DeSoto Resources’ Chris Swallow on the discovery, the REE market, and more.