Three prospects including the Mandilla, Higginsville, and Sunday Soak prospects have been drilled with samples dispatched to the laboratory. Pic via Getty Images
Dynamic Metals waits on nickel and gold assays from 3 prospects at Widgiemooltha
Mining
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A rig and crew have completed a 48-hole drilling program for a total of 2,099m across the Widgiemooltha project area, which has emerged as a significant lithium belt in the past few years.
Three prospects including the Mandilla, Higginsville, and Sunday Soak prospects have been drilled with samples dispatched to the laboratory in Kalgoorlie for assaying.
Results are anticipated by late July.
This latest drilling program comes hot on the heels of a follow-up drill program carried out at Dordie Far East, where Dynamic Metals (ASX:DYM) drilled two holes for a total of 300m, results pending..
DYM expands footprint
DYM has inked the grant of exploration licence 15/1753, in addition to the three exploration licences granted at the end of May, which will target nickel and gold mineralisation.
The tenement covers a geologically complex area dominated by a major regional structural fault (Republican Thrust) running northeast to southwest, with around 7km of highly prospective basal contact to explore.
So far, DYM has generated three nickel targets on this tenement and Programme of Work (POW) applications for drilling have been submitted to the Department of Mines, Industry Regulation and Safety (DMIRS).
Widgiemooltha in the ‘Goldilocks Zone’
In addition to the more obvious nickel and gold potential, theWidgiemooltha project area has garnered attention as a significant lithium belt with three lithium-caesium-tantalum (LCT) pegmatite related mines developed in the past few years.
Dynamic’s tenure is located well within the lithium “Goldilocks Zone” with the Mt Marion, Bald Hill and Buldania projects all within 25km, and with Essential Metals’ (ASX:ESS) Dome North lithium project located adjacent to DYM’s Widgiemooltha project.
DYM intends to fast-track systemic exploration for lithium by first assessing the tenements potential by completing surface reconnaissance mapping and sampling.
This will be followed by regional soil and auger programs to obtain appropriate geochemical data for target generation before targets are assessed and priority ranked for drill testing later in the year.
This article was developed in collaboration with Dynamic Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
