Dynamic Metals Limited has identified a significant gold-in-soil anomaly at its Courvoisier prospect within the Widgiemooltha Project, signalling promising potential for bedrock-hosted gold mineralisation. Meanwhile, assay results from recent drilling at Chalice South are eagerly awaited.
- 510 soil samples reveal gold anomaly exceeding 50ppb Au over several hundred metres
- Anomaly aligns with the regionally significant Republican Thrust fault
- Potential for bedrock-hosted gold mineralisation supported by geochemical data
- Assay results pending from 13 Reverse Circulation drill holes at Chalice South
- Further soil sampling planned across other project areas including Lindsays and Leinster
Exploration Update at Widgiemooltha
Dynamic Metals Limited (ASX – DYM) has announced encouraging exploration results from its flagship Widgiemooltha Project in Western Australia. A recent soil sampling campaign at the Courvoisier gold prospect, located approximately 4.4 kilometres northeast of Cognac West, has defined a coherent gold-in-soil anomaly extending over several hundred metres. The anomaly consistently exceeds 50 parts per billion (ppb) gold, a threshold that often signals the presence of underlying mineralisation worthy of further investigation.
The Courvoisier prospect has a history of exploration dating back to the 1990s, but previous data were often incomplete and limited to gold assays alone. Dynamic Metals’ systematic approach involved collecting 510 soil samples on a grid designed to capture detailed geochemical information. The anomaly’s alignment with the Republican Thrust fault; a major regional structural feature interpreted as a pathway for mineralising fluids; adds geological weight to the prospectivity of the area.
Significance of the Republican Thrust Fault
The Republican Thrust fault is a structurally complex zone that has long been considered a key conduit for hydrothermal fluids responsible for gold mineralisation in the region. The sharp cut-off of the gold anomaly across this fault suggests that the gold is locally sourced rather than widely dispersed, increasing confidence that the anomaly reflects bedrock-hosted mineralisation at depth rather than superficial geochemical noise.
Dynamic Metals’ Managing Director Karen Wellman highlighted the importance of these findings, noting that the results provide "strong encouragement for bedrock-hosted mineralisation". With multiple high-priority targets advancing simultaneously, the company is well-positioned to build momentum across its exploration portfolio.
Pending Assays and Next Steps
In parallel with the soil sampling at Courvoisier, Dynamic Metals has completed a Reverse Circulation (RC) drilling program at the nearby Chalice South prospect, comprising 13 holes targeting five historic drill-defined anomalies. Assay results from this program are expected in October 2025 and will be critical in assessing the potential for economically viable mineralisation.
Looking ahead, the company is evaluating the most effective next steps at Courvoisier, including the possibility of drill testing the newly defined gold anomalies. Additional soil sampling campaigns are also planned at other project areas such as Lindsays, Leinster, and Lady Jane, underscoring Dynamic Metals’ active and broad exploration strategy.
Strategic Positioning and Market Context
Dynamic Metals’ Widgiemooltha Project spans approximately 800 square kilometres in a region historically known for gold and nickel discoveries. The project’s proximity to established multi-million-ounce gold camps and infrastructure enhances its strategic value. With a market capitalisation of around $14.7 million and a cash position of $3.15 million as of June 2025, the company maintains a lean structure with significant leverage to exploration success.
While the soil sampling results at Courvoisier are early-stage and require drill confirmation, the combination of geological setting, structural controls, and coherent geochemical anomalies presents a compelling case for further investment in exploration. The pending Chalice South assay results will provide additional clarity on the project’s potential and could serve as a catalyst for the stock.
Bottom Line?
Dynamic Metals’ latest findings at Courvoisier reinforce its exploration momentum, but the market will keenly await upcoming drill assays to validate the gold potential.
Questions in the middle?
- Will drill testing at Courvoisier confirm bedrock-hosted gold mineralisation?
- How significant will the Chalice South assay results be in shaping the project’s outlook?
- What exploration strategies will Dynamic Metals deploy across its broader portfolio following these results?