Dynamic Metals advances key assets during September quarter, maintains strong cash position

Proactive - Interviews for investors

Dynamic Metals Ltd (ASX:DYM) managing director and CEO Karen Wellman joins Proactive’s Tylah Tully to talk about exciting developments at the Cognac West Prospect and the company’s broader exploration strategy in Western Australia. She revealed that recent rock chip sampling at Cognac West returned results as high as 2040 grams per tonne, or 65 ounces per tonne, underscoring the site’s exploration potential. According to Wellman, this data, combined with other soil and mapping insights, highlights the promise of the site, making it a priority for the company. Wellman also shared Dynamic’s systematic approach to prioritising gold targets, stating: "We've been lining up our potential targets to ensure that we're focusing on the highest-value areas for upcoming drilling.” In addition, Wellman discussed Dynamic Metals’ joint venture with MinRes at the Widgiemooltha Lihtium Project, noting the collaborative progress in lithium, caesium, and tantalum exploration at Pioneer Dome West, where government funding through an Exploration Incentive Scheme grant will support further drilling within the next 12 months. As 2024 comes to a close, Wellman indicated that upcoming news would include new sampling results from Cognac West, additional findings from the Lindsay’s Project, and finalised drill targets for 2025. These steps highlight Dynamic’s continued focus on high-value areas in Western Australia. #ProactiveInvestors #DynamicMetals #ASX #GoldExploration #LithiumExploration #WidgiemoolthaProject #LindsaysProject #Mining #ASXDYM #ExplorationUpdate #GoldAnomalies #SoilSampling #DrillingProgram #CashPosition #MineralResources #JointVenture #LithiumTargets #WesternAustralia #GoldPotential #ResourceDevelopment #MiningProjects #Fieldwork #GreenstoneBelt