Newly listed lithium, nickel and gold explorer Dynamic Metals Limited (ASX:DYM) has received promising 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.
Three holes returned significant nickel results from first pass 3.0m composite RC samples, including:
- 15m @1.86% Ni from 27m downhole, incl. 6.0m @2.4% Ni 15m @1.11% Ni from 30m downhole
- 12m @1.58% Ni from 48m downhole, incl. 3.0m @2.0% Ni
- 3.0m @1.38% Ni from 30m downhole
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 in the late 2000s.
After review of the historic data, a drill program 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.
Importantly, 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.
The grade and thickness of the 3.0m composite samples from WDR002 and WDR003 are significant and whilst the results are returned from within the weathered profile (rather than fresh rock), the >1% Ni limit plotted on both sections
“Returning thick and high-grade nickel intersections from our first five holes is an outstanding result from our maiden drill programme at DFW,” Managing Director, Karen Wellman, said.
“This is an excellent start to our first exploration campaign and we will prioritize our follow-up drill programme, with an aim to further extend these intercepts at the Widgiemooltha Project.”
This is the first of four fully permitted drill programs expected to be completed at the Widgiemooltha Project during the first half of 2023, in addition to a regional Air Core (AC) program currently underway at the Lake Percy Project.
The Dynamic team will submit 1.0m samples from the significant 3.0m composite intercepts to the laboratory for further assaying. Results from the 1m composites will be used to update the geological model at the Dordie Far West prospect to determine the next phase of drilling.
At the Lake Percy Project, an AC rig is currently undertaking a 6,000m drill programme intended to obtain fresh rock samples of the bedrock geology for geochemical analysis in areas of interest for nickel mineralization. It is anticipated the program will also provide additional information on the nature and extent of pegmatites in the region.
For further information please visit: https://dynamicmetals.com.au/