Black Friday Sale! Save huge on InvestingProGet up to 60% off

Dynamic Metals puts drill to ground at Widgiemooltha’s DFW prospect, zeroing-in on high-grade nickel

Published 18/05/2023, 09:26 am
© Reuters.  Dynamic Metals puts drill to ground at Widgiemooltha’s DFW prospect, zeroing-in on high-grade nickel
XAU/USD
-
GC
-
HG
-

Dynamic Metals Ltd (ASX:DYM) is continuing the hunt for nickel at Widgiemooltha Project’s Dordie Far West (DFW) prospect in Western Australia, following up some broad intervals of high-grade nickel previously identified in the area.

On top of nickel, DYM is targeting lithium and gold at its flagship Widgiemooltha Project, rounding out a critical minerals-focused portfolio that also includes projects prospective for copper and platinum group elements (PGE).

This round of follow-up drilling will involve just two reverse circulation (RC) holes targeting extensions of nickel mineralisation in fresh rock.

Aircore programs to follow

Dynamic anticipates that it will drill about 400 metres in this extensional program, following up previous results of:

  • 16 metres at 1.96% nickel from 27 metres downhole, including 5 metres at 2.84%;
  • 6 metres at 1.60% from 29 metres downhole, including 1-metre at 2.07%;
  • 6 metres at 1.15% from 39 metres downhole;
  • 15 metres at 1.56% from 48 metres downhole, including 3 metres at 2.06% and 1-metre at 2.71%; and
  • 3 metres at 1.45% from 30 metres downhole.
Once this program is complete, DYM will pursue three aircore drilling projects, exploring the Mandilla, Higginsville and Sunday Soak targets at Widgiemooltha within this quarter.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.