Tuesday, March 5, 2024

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Dynamic Metals: Shares explode on Widgiemooltha nickel hits, WA

Dynamic Metals Shares explode on Widgiemooltha nickel hits, WA

  • Shares in Dynamic Metals (DYM) skyrocket after the company reports “thick, high-grade” nickel hits from its Widgiemooltha project in Western Australia
  • The results come from the first five holes drilled at the Dordie Far West (DFW) prospect in the area, returning up to 1.86 per cent nickel from 27 metres downhole
  • Dynamic says the nickel widths and grades compare “favourably” with historical drilling, confirming and enhancing the potential for mineralisation in the area
  • Managing Director Karen Wellman says the company will now prioritise a follow-up drilling campaign given the “excellent” start to exploration at DFW
  • DYM shares are up 57.14 per cent to 22 cents at 11:04 am AEDT

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