Dynamic Metals (ASX:DYM) has reported notable high-grade rock chip assay results from its Cognac West gold prospect in the Widgiemooltha Project, Western Australia. The assays revealed impressive gold grades, including a standout 2,040g/t Au. These results stem from previous soil sampling that identified strong gold anomalies. With a robust cash balance of $5.3 million, Dynamic Metals is positioned to advance its exploration efforts.
Dynamic Metals has unveiled significant gold assay results from the Cognac West prospect, part of its Widgiemooltha Project. The assays indicate notable gold grades, suggesting strong mineralization potential. The company has commenced infill soil sampling to refine drill targets for its 2025 exploration program. With a cash reserve of $5.3 million, Dynamic Metals is financially equipped to continue its exploration initiatives. The company is also progressing with permitting for future drilling activities. Dynamic Metals is focused on leveraging its substantial land holdings in the Widgiemooltha mineral field, aiming to capitalize on the region's potential for gold, lithium, and nickel discoveries.
The high-grade results at Cognac West underscore the significant gold mineralization potential within the Goldrush tenement. We are excited about the exploration prospects and are committed to advancing our understanding of this promising area.