Announcement Date: 2023-05-02
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Dynamic Metals Ltd.
Project name: Widgiemooltha
Location: Australia
Commodities: Nickel,Cobalt
Highlight: Drilling results incl. 16m at 1.96% Ni, 0.06% Co from 27m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Dynamic Metals Limited (ASX:DYM) (“Dynamic” or “the Company”) is pleased to announce follow up assay results from its first drill program at the Dordie Far West (“DFW”) nickel prospect, part of the larger Widgiemooltha Project (“Widgiemooltha” or the “Project”) in the Goldfields Region of Western Australia. The Company has previously announced thick high grade nickel assays from first pass 3m composite samples taken from the five-hole Reverse Circulation (RC) program completed in February on the DFW Prospect2 . Selected geological intervals were resampled at 1m intervals and submitted for multielement analysis with results reported in Annexure A. All intersections are reported in the weathering profile. In general, thicknesses of the intersections remain the same while the reported nickel values have increased. Additionally, anomalous cobalt values are reported at potentially economic levels in association with nickel.
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