Dynamic Metals Launches Diamond Drilling at Cognac West Gold Prospect

Dynamic Metals has initiated a four-hole diamond drilling program at its Cognac West prospect, aiming to deepen understanding of gold-copper mineralisation beneath earlier drilling. Supported by government co-funding, this marks a pivotal step in advancing one of the company's most promising targets.

  • Four-hole diamond drilling program underway at Cognac West prospect
  • Up to $175,000 co-funding from WA Government Exploration Incentive Scheme
  • Drilling targets gold-copper mineralisation beneath previous RC drilling
  • Historic assays include high-grade gold up to 91.3g/t
  • First diamond drill assay results expected in May 2026
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Diamond Drilling Commences at Cognac West

Dynamic Metals Limited (ASX: DYM) has taken a significant step forward in its exploration campaign by commencing a four-hole diamond drilling program at the Cognac West gold-copper prospect, part of its Widgiemooltha Project in Western Australia. This program is designed to test mineralisation identified beneath previous reverse circulation (RC) drilling and to enhance geological understanding of the structurally complex area.

The drilling initiative benefits from up to $175,000 in co-funding through the Western Australian Government’s Exploration Incentive Scheme (EIS), reflecting public sector confidence in the prospect’s potential. The program aims to provide detailed geological data on lithology, alteration, structural orientation, and mineralisation characteristics that are critical for refining the company’s exploration model.

Building on a Strong Exploration Foundation

Cognac West has a rich exploration history dating back to the 1970s, with historic shallow drilling and soil sampling revealing promising gold anomalies. Notably, a historic drill hole reported an exceptional 1 metre intercept grading 91.3 grams per tonne (g/t) gold, underscoring the prospect’s high-grade potential. More recent exploration by Dynamic Metals throughout 2024 and 2025 included extensive soil sampling, geological mapping, and two phases of RC drilling, which collectively refined target zones and confirmed the presence of gold mineralisation.

Recent RC drilling results have been encouraging, with intercepts such as 8 metres at 2.78 g/t gold and multiple other zones of mineralisation that support the prospect’s potential. The diamond drilling now underway is expected to test these mineralised structures at depth, providing a clearer picture of the system’s architecture and continuity.

Strategic Importance and Next Steps

Dynamic Metals’ Managing Director, Karen Wellman, highlighted the significance of this phase, describing it as a milestone that advances the understanding of one of the company’s most exciting gold targets. The diamond drilling program will be completed in the coming weeks, with geological logging and sampling to follow. Investors and analysts can anticipate the first assay results by May 2026, which will be pivotal in guiding further exploration and potential resource development.

The Widgiemooltha Project itself is a highly prospective region with a long history of gold and nickel discoveries, situated near established multi-million-ounce gold camps. Dynamic Metals’ ongoing exploration efforts, supported by government incentives and a robust geological framework, position the company well to unlock value from this prolific area.

Bottom Line?

As Dynamic Metals drills deeper at Cognac West, the coming assay results will be crucial in defining the next phase of exploration and potential resource growth.

Questions in the middle?

  • Will the diamond drilling confirm the continuity and grade of gold-copper mineralisation at depth?
  • How might the new geological data influence Dynamic Metals’ resource estimates and development plans?
  • Could further government co-funding or partnerships accelerate exploration beyond the current program?