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Dynamic Metals Limited (ASX:DYM)

ALERT: Price-sensitive ASX Announcement for DYM
Current share price for DYM : $0.515 -0.01 (-1.90%)+
Announcement
Release
31 Mar 2026 8:20AM
Price at Release
$0.525
Full Release
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Summary
Dynamic Metals Limited has completed a diamond drilling program at the Cognac West gold prospect, part of its Widgiemooltha Project in Western Australia. The program, which included four diamond drill holes totaling approximately 1,400 meters, was supported by a co-funding of up to $175,000 from the Western Australian Government's Exploration Incentive Scheme. The drilling aimed to enhance geological understanding and test the potential of mineralised structures within a structurally complex corridor. It focused on priority zones identified through previous RC drilling and targeted both broad zones of gold mineralisation and high-grade domains. The data obtained will refine the company's geological model and guide future exploration efforts.
Key Points
  • Completion of four diamond drill holes at Cognac West.
  • Co-funding support from WA Government's Exploration Incentive Scheme.
  • Program focused on enhancing geological understanding.
  • Targeted priority zones within Anomaly A and B.
  • Building on previous RC drilling results.
  • Diamond core to provide detailed geological data.
  • Next steps include geological logging and assays expected by May 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.