Dynamic Metals (ASX:DYM) reports ‘significant’ nickel assay results from its first drill program at the Dordie Far West (DFW) nickel prospect, part of the Widgiemooltha Project in Western Australia.
The drilling program consisted of 5 reverse circulation (RC) holes drilled for a total of 736m to test the Kambalda nickel ore deposit model at the prospect in February 2023. The drilling was undertaken on 4 sections over a strike length of 300m.
Dynamic Metals reports 3 holes returned ‘significant’ nickel results from 3m composite RC samples. The results include hole WDR002 with 15m @ 1.86% Ni from 27m downhole, including 6m @ 2.4% Ni; WDR003 with 15m @ 1.11% Ni from 30m downhole, and 12m @ 1.58% Ni from 48m downhole, including 3m @ 2.0% Ni from 51m; and WDR005 with 3m @ 1.38% Ni from 30m downhole.
Dynamic reports the thick widths and ‘high-grade’ tenor intersected in the company’s drilling compare ‘favourably’ with the historic drilling, which confirms and enhances the potential for significant mineralisation along this trend.
Commenting on the results, Managing Director Karen Wellman says: “Returning thick and high-grade nickel intersections from our first 5 holes is an outstanding result from our maiden drill program at DFW.
This is an excellent start to our first exploration campaign, and we will prioritise our follow-up drill program, with an aim to further extend these intercepts at the Widgiemooltha Project.”
“This is an excellent start to our first exploration campaign, and we will prioritise our follow-up drill program, with an aim to further extend these intercepts at the Widgiemooltha Project”
The company reports this is the first of 4 fully permitted drill programs expected to be completed at the Widgiemooltha Project during the first half of 2023. Additionally, a regional air core (AC) program is currently underway at the Lake Percy Project.
Dynamic Metals’ next step is to submit 1m samples from the ‘significant’ 3m composite intercepts to the laboratory for further assaying.
Results from the 1m composites will be used to update the geological model at the DFW prospect to determine the next phase of drilling.
Dynamic Metals is a dedicated exploration company focused on advancing a ‘highly’ prospective portfolio of future-facing critical minerals projects in Australia. The company’s assets are strategically located in ‘highly’ prospective regions with substantial exploration targets generated across lithium, nickel, copper, platinum group elements, and gold.
Images: Dynamic Metals Ltd
