Dynamic Metals Limited

DYM

AU0000253379

Diversified Mining

Market Closed - Australian S.E. Other stock markets 08:45:35 2024-05-14 pm EDT			5-day change	1st Jan Change
0.185 ^AUD	+8.82%		+15.62%	+32.14%

Mar. 06	Dynamic Metals Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI
Jan. 23	Dynamic Metals Finds Lithium Trends at Widgiemooltha Project	MT

Dynamic Metals boosts Lake Percy nickel sulphide potential

August 30, 2023 at 03:21 pm EDT

(via NewsDirect)

Dynamic Metals Ltd (ASX:DYM) MD Karen Wellman tells Proactive the company has provided further support for the presence of a fertile nickel sulphide system at its Lake Percy Project in the Goldfields Region of WA with additional geochemical analysis revealing platinum and palladium in fresh rock.

A key component in the mineralogy of massive sulphide nickel deposits is the presence of platinum group elements including platinum and palladium, in addition to high magnesium oxide content of the ultramafic. Meanwhile Wellman says a reverse circulation drill program is now underway at the D3 and D5 nickel prospects at the Widgiemooltha Project.

The company submitted the fresh rock bottom of hole sample from DYR065 for PGE assaying which returned 2 metres at 160ppb platinum and 43 ppb palladium in addition to 0.35% nickel, 236 ppm copper and 38% MgO.

In addition, historic geophysical surveys are being reprocessed over this area to guide the next phase of deeper drilling in the search for massive sulphide nickel in this underexplored greenstone belt.

Contact Details

Proactive Investors

Proactive Investors

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Dynamic Metals Limited

Dynamic Metals Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 06	CI
Dynamic Metals Finds Lithium Trends at Widgiemooltha Project	Jan. 22	MT
Dynamic Metals Finds Lithium at Widgiemooltha Project	Dec. 10	MT
Dynamic Metals Validates Anomalies at Widgiemooltha Project	Nov. 27	MT
Dynamic Metals Identifies Anomaly at Widgiemooltha Project	23-10-06	MT
Western Mines Group Consolidates Mulga Tank Complex in Western Australia	23-10-03	MT
Western Mines Group Ltd signed a binding agreement to acquire Tenement of E39/2134 from Dynamic Metals Limited for AUD 0.05 million.	23-10-02	CI
Dynamic Metals Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-21	CI
Dynamic Metals Hits Gold at Widgiemooltha Project; Shares Fall 4%	23-08-22	MT
Dynamic Metals to Start Drilling at Widgiemooltha Project	23-08-07	MT
Dynamic Metals Begins Exploration at Pioneer Dome West Tenement; Shares Fall 6%	23-07-04	MT
Dynamic Metals Encounters Nickel at Widgiemooltha Project	23-07-04	MT
Dynamic Metals Completes Drilling at Widgiemooltha Project; Shares Rise 6%	23-06-15	MT
Dynamic Metals Uncovers Nickel at Lake Percy Project	23-06-08	MT
Dynamic Metals Expands Widgiemooltha Project after Tenement Grants	23-05-30	MT
Dynamic Metal Changes Shareholder Registry Services Provider; Shares Decline 4%	23-05-18	MT
Dynamic Metals Begins Follow-Up Drilling at Dordie Far West Prospect in Widgiemooltha Project; Shares Climb 7%	23-05-18	MT
Dynamic Metals Completes First Drill Campaign at Western Australia's Lake Percy Project; Shares Rise 3%	23-05-08	MT
Dynamic Metals Hits Nickel at Widgiemooltha Project	23-05-02	MT
Dynamic Metals Changes Registered Office Address	23-04-13	MT
Dynamic Metals Limited Announces Change of Registered Address and Principal Place of Business	23-04-11	CI
Dynamic Metals Hits Thick High-Grade Nickel at Widgiemooltha Project in Western Australia; Shares Jump 39%	23-03-15	MT
Dynamic Metals Limited Announces Assay Results from its First Drill Program at the Dordie Far West Nickel Prospect	23-03-15	CI
Dynamic Metals Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-03-15	CI
Dynamic Metals Starts Air-Core Drill Program at Western Australia's Lake Percy Project; Shares Jump 7%	23-03-09	MT

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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.

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Diversified Mining

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Sector Integrated Mining

	1st Jan change	Capi.
DYNAMIC METALS LIMITED	+32.14%	6.05M
BHP GROUP LIMITED	-10.95%	151B
RIO TINTO PLC	-0.99%	122B
GLENCORE PLC	+5.35%	75.92B
GRUPO MÉXICO, S.A.B. DE C.V.	+12.37%	49.33B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+2.78%	49.09B
ANGLO AMERICAN PLC	+35.96%	40.41B
HINDUSTAN ZINC LIMITED	+85.33%	29.52B
TECK RESOURCES LIMITED	+28.16%	26.93B
VEDANTA LIMITED	+71.20%	19.26B

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Dynamic Metals Limited

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DYM

AU0000253379

Diversified Mining

Dynamic Metals boosts Lake Percy nickel sulphide potential

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Latest news about Dynamic Metals Limited

Chart Dynamic Metals Limited

Company Profile

Income Statement Evolution

Sector Integrated Mining