Dynamic Metals (ASX:DYM) gold exploration update

Dynamic Metals Limited (ASX:DYM) has provided an update on its gold exploration activities at the Widgiemooltha Project in Western Australia. The company continues to systematically evaluate and prioritize gold exploration targets across its portfolio, with a priority gold target identified at the Cognac West prospect. The 3D modeling of the Chalice South prospect with historic drill data and surface geochemical datasets is also underway.

Managing Director's commentary on gold exploration activities

I am excited to share our latest advancements in gold exploration at the Widgiemooltha Project. Our systematic approach has identified promising gold targets at Cognac West and Chalice South, where we are leveraging both historical data and new soil sampling results. The strategic location of our tenements adjacent to major gold producers highlights the potential for significant discoveries. With the continued integration of high-quality geological data, we are laying a solid foundation for future exploration and look forward to initiating drilling activities in early 2025.

Summary of gold exploration update and outlook

Dynamic Metals (ASX:DYM) is making significant progress in its gold exploration activities at the Widgiemooltha Project, with the identification of promising gold targets at the Cognac West and Chalice South prospects. The company's systematic approach, leveraging historical data and new soil sampling results, demonstrates its commitment to laying a solid foundation for future exploration. The strategic location of the tenements adjacent to major gold producers highlights the potential for significant discoveries. With plans to initiate drilling activities in early 2025, Dynamic Metals is well-positioned to capitalize on the exploration potential of its highly prospective goldfields tenement package in Western Australia.