Dynamic Metals hits intersect at 300m at Cognac West gold project

• Gold mineralisation intersected at 300m depth in first two diamond drill holes
• Results confirm continuity of gold system below shallow zones
• Drilling designed to improve geological understanding in structurally complex corridor
• Testing potential of mineralised structures

Dynamic Metals (ASX: DYM) has received promising first assay results from a co-funded diamond drilling program at the Cognac West gold prospect at the Widgiemooltha project in Western Australia.

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The initial results from the first two diamond drill holes confirm the presence of gold mineralisation at a depth of around 300m beneath previously defined near-surface anomalism at Anomaly B.

MD, Karen Wellman, said while grades are moderate, the results are significant as they demonstrate that the gold system extends well below the limits of prior drilling.

“These initial diamond drilling results confirm gold mineralisation at depth beneath previously defined shallow anomalism, representing an encouraging step forward for Cognac West,” Mrs Wellman said.

“The identification of mineralisation at these depths supports the potential for a broader, vertically extensive system and provides a strong foundation for the next phase of drilling.”

The diamond drilling program comprised four holes for approximately 1,400m and was the next stage of systematic exploration following two phases of reverse circulation (RC) drilling completed in 2025.

Those programs defined broad zones of low-grade gold mineralisation across multiple targets and identified Anomaly B as a priority zone for follow-up.

Drilling at Cognac West is now testing depths comparable to those targeted by gold-focused drilling at nearby operations in the Widgiemooltha district, including the Higginsville and Junction gold mines.

Mrs Wellmamn said the confirmation of gold at these depths supports the potential for a more substantial mineralised system than previously recognised.

“The diamond drilling program was designed to provide detailed geological, structural and alteration data to better understand controls on mineralisation and assess continuity at depth.”

The four hole diamond drilling program targeted priority zones within Anomaly A and Anomaly B, which were defined through a combination of soil geochemistry, high-grade rock chip sampling and two phases of RC drilling completed in 2025.

At Anomaly B, drilling targeted both broad zones of anomalous gold mineralisation and higher-grade domains identified in earlier RC drilling, including mineralisation of up to 8.0m at 2.87 grams per tonne (g/t) including 4.0m at 5.37 g/t.

DYM is steady at 57.5¢. Mkt cap $30.17M.

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