Dynamic Metals boosts Lake Percy nickel sulphide potential

Melbourne, Victoria --News Direct-- Dynamic Metals Limited

Dynamic Metals Ltd (ASX:DYM) MD Karen Wellman tells Proactive the company has provided further support for the presence of a fertile nickel sulphide system at its Lake Percy Project in the Goldfields Region of WA with additional geochemical analysis revealing platinum and palladium in fresh rock.

A key component in the mineralogy of massive sulphide nickel deposits is the presence of platinum group elements including platinum and palladium, in addition to high magnesium oxide content of the ultramafic. Meanwhile Wellman says a reverse circulation drill program is now underway at the D3 and D5 nickel prospects at the Widgiemooltha Project.

The company submitted the fresh rock bottom of hole sample from DYR065 for PGE assaying which returned 2 metres at 160ppb platinum and 43 ppb palladium in addition to 0.35% nickel, 236 ppm copper and 38% MgO.

In addition, historic geophysical surveys are being reprocessed over this area to guide the next phase of deeper drilling in the search for massive sulphide nickel in this underexplored greenstone belt.

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