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Mining

Dynamic Metals samples soil for lithium at Widgiemooltha prospects

Dynamic Metals Ltd (ASX:DYM) has begun assessing the lithium, caesium and tantalum (LCT) potential of the Spargos East and Franks Find Southeast prospects at its Widgiemooltha Project in Western Australia.

Reconnaissance soil sampling is underway on areas previously identified by the company as having residual or outcrop geology.

Sampling will take 10 days to complete, according to the company’s exploration update on its portfolio in WA’s Goldfields region.

Follow-up program

At the Pioneer Dome West target, Dynamic has carried out three lines of auger sampling to follow up on the 28-kilometre lithium anomaly defined during a first-pass soil sampling in October, with assays pending.

The Pioneer Dome West tenement sits on the recently granted E15/1721 licence and covers 20 kilometres of strike along the highly prospective western side of the Pioneer Dome.

It is adjacent to Essential Metals’ Dome North Lithium Project, which hosts a mineral resource of 11.2 million tonnes grading 1.2% lithium oxide and is subject to proposed acquisition by Develop Global.

Location of all soil samples taken at Pioneer Dome West.

Data compilation

Setting its sights on new exploration grounds, Dynamic has identified 100 square kilometres of highly prospective exploration ground in a project in the Davyhurst region known as Lady Jane.

First-in-time applications have been submitted for five exploration licences in tenements that are in close proximity to Ora Banda Mining Ltd (ASX:OBM)’s Davyhurst project, where OBM recently signed a $26 million lithium joint venture with Wesfarmers Chemicals, Energy & Fertilisers.

Dynamic will conduct desktop studies and follow up geological reconnaissance to generate exploration work programs in anticipation of the Lady Jane tenement applications being granted in 2024.

The Lady Jane tenure (in blue).

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