Dynamic Metals Ltd (ASX:DYM) has built an expansive pipeline of gold and lithium targets at the Lindsays Project in the Eastern Goldfields of Western Australia, with 36 new gold targets and 22 new lithium targets generated in a desktop review.
The company took a methodical and systemic approach to assess a detailed data compilation of surface and downhole geochemistry, structural interpretation and geological interpretation to generate the new targets.
Follow-up drilling to begin before year-end
Of the more than 50 new targets generated at Lindsays, DYM has selected 18 gold targets and 5 lithium targets for priority reconnaissance field work and field assessment.
Previous exploration produced results of 4 metres at 0.41 g/t gold from 16 metres of depth at the Blue Cart prospect, while the lithium targeting was supported by elevated caesium, tantalum and niobium levels on the northern most targets, indicating higher prospectivity for lithium mineralisation.
From here, Dynamic will move to constrain, refine and prioritise permitting activities in preparation for next phase of exploration over these targets.
The company also intends to expand its exploration target inventory through the same methodical and systematic approach, with an update to follow on the Widgiemooltha gold potential shortly.