An announcement from Dynamic Metals Limited ( (AU:DYM) ) is now available.
Dynamic Metals Limited has commenced Reverse Circulation (RC) drilling at the Cognac West prospect, part of the Widgiemooltha Project in Western Australia. This initiative follows extensive soil sampling and rock chip assays that revealed significant gold anomalies. The drilling program, consisting of up to 75 holes, aims to enhance the understanding of the area’s geology and refine targets for potential gold mineralization. This strategic move is expected to bolster Dynamic’s exploration efforts and potentially increase its gold resources, thereby strengthening its position in the mining sector.
More about Dynamic Metals Limited
Dynamic Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and extracting gold and other valuable minerals, with a market focus on expanding its resource base through systematic exploration activities.
YTD Price Performance: 10.71%
Average Trading Volume: 370,191
Technical Sentiment Consensus Rating: Sell
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