Dynamic Metals (ASX:DYM) has intercepted thick high-grade nickel from first drill holes at Dordie Far West, part of the Widgiemooltha project.
Dynamic Metals returned results including 15m @ 1.86% Ni from 27m downhole, including 6m @ 2.4% Ni; 15m @ 1.11% Ni from 30m downhole; and 12m @ 1.58% Ni from 48m downhole, including 3m @ 2.0% Ni.
The company says detailed geochemical analysis on 1m split samples will be undertaken to confirm the nickel mineralisation model and determine a follow up drill program.
Dynamic Metals says it's fully funded for exploration across its critical minerals portfolio following completion of a $7M IPO (initial public offering) at the start of this year.