Dynamic Metals talks positive lithium results at Pioneer Dome
November 28, 2023 at 02:31 pm EST
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Dynamic Metals Ltd (ASX:DYM) MD Karen Wellman tells Proactive the company has unearthed elevated readings of lithium and other pathfinder elements in auger sampling at the Pioneer Dome West target, part of the larger Widgiemooltha Project in the Goldfields Region of Western Australia. Assay results from the follow-up auger program at the PDWS01 target returned 182 parts per million (ppm) lithium, 328 ppm rubidium and 70 ppm caesium.
Wellman said plans for infill auger drilling to refine lithium drill targets for 2024 were advancing, in addition to a project wide review of the effectiveness of the previous soil sampling programs in this area.
The companys's exploration team has now mobilised to Lake Percy to complete planned follow-up reverse circulation drilling at the LP1 and LP2 nickel targets.
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Dynamic Metals Limited is an Australia-based minerals exploration company. The Company is focused on advancing the exploration activities of the Australian Assets, particularly in Western Australia. Its Australian Assets consists of three mineral projects located in Western Australia prospective for lithium, nickel, and gold, namely the Widgiemooltha Project, Lake Percy Project and Deep Well Project. The Widgiemooltha Project is located over an area of approximately 550 kilometers (kms) east of Perth and centered over 100 kms south of Kalgoorlie. The Lake Percy Project is located approximately 120km to the west of Norseman, along the Hyden-Norseman Road. The Companyâs tenements are centered around the northern extension of the Lake Johnston greenstone belt, which hosts the Emily Ann and Maggie Hays nickel mines and the more recent Medcalf spodumene discovery by Charger Metals. The Deep Well project is located approximately 30 kms east to southeast of Meekatharra.