Dynamic Metals Limited (ASX:DYM) has obtained good nickel grades and significant anomalous cobalt in follow up assay results from its first drill programme at the Dordie Far West (DFW) nickel prospect, part of the larger Widgiemooltha Project in the Goldfields Region of Western Australia.
The company has previously announced thick high grade nickel assays from first pass 3.0m composite samples taken from the five-hole Reverse Circulation (RC) programme completed in February on the DFW Prospect.
Selected geological intervals were resampled at 1.0m intervals and submitted for multielement analysis. 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.
The geological model for DFW has been updated with the latest geochemistry results, and an additional two RC holes are planned to the south-west to test for the extension of mineralization into the fresh rock. Dynamic anticipates completing these holes within the current quarter, subject to permitting and land access conditions.
The company noted that importantly, the thickness and grade of the nickel and cobalt intersections in Dynamic’s first drill program confirm the potential for discoveries across the Company’s exploration portfolio.
DFW is located on the northwest margin of the Widgiemooltha dome on E15/1680, where anomalous nickel results were detected in RC drilling completed by Mincor Resources Limited (ASX:MCR) in the late 2000’s.
After review of the historic data, a drill programme was designed to test for Kambalda komatiite type massive sulphide mineralization interpreted to occur where the base of the komatiite stratigraphy is in contact with the underlying basalt, known as the ‘basal contact’.
Five Reverse Circulation (RC) holes were drilled for a total of 736m at the prospect in February 2023, with drilling undertaken on four sections over a strike length of approximately 300m.
The thick widths and high-grade tenor intersected in Dynamic’s drilling compare favourably with the historic drilling, confirming and enhancing the potential for significant mineralization along this trend.
Next Steps
Documentation has been submitted for follow up drilling (two RC holes) in the southern portion of the prospect with the proposed holes designed to intercept nickel mineralization in fresh rock. The drilling is expected to be completed during the quarter.
For further information please visit: https://dynamicmetals.com.au/
