{"id":2984,"date":"2023-12-10T23:45:56","date_gmt":"2023-12-10T23:45:56","guid":{"rendered":"https:\/\/economicherald.net\/?p=2984"},"modified":"2023-12-10T23:45:56","modified_gmt":"2023-12-10T23:45:56","slug":"high-levels-of-lithium-and-pathfinder-elements-found-at-dynamic-metals-spargos-east-prospect","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=2984","title":{"rendered":"High levels of lithium and pathfinder elements found at Dynamic Metals\u2019 Spargos East prospect"},"content":{"rendered":"<p>Peak assays from soil sampling at Spargos and FFSE prospects show high levels of lithium, including up to 409ppm Li2O<br \/>\nSpargos East is just 14km from the 600ktpa Mt Marion lithium project<br \/>\nOnce sampling is complete, drill targets will be identified<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report<\/em><\/strong><strong>: The first round of assays from an 800 soil sampling program at two of Dynamic Metals\u2019 Widgiemooltha prospects are showing up to 409 parts per million (ppm) Li2O.<\/strong><\/p>\n<div><span class=\"mce_SELRES_start\">\ufeff<\/span><\/div>\n\n<p>After successfully completing an IPO in January this year raising $7 million, <a href=\"https:\/\/stockhead.com.au\/company\/dynamic-metals-dym\/\"><strong>Dynamic Metals (ASX:DYM)<\/strong><\/a> has been aggressively exploiting its flagship Widegiemooltha project for lithium prospectivity.<\/p>\n<p>The company says it\u2019s systematically working through the lithium potential of the sizeable 880km2 tenure.<\/p>\n<p>The tenement package contains four prospects \u2013 Pioneer Dome West, Franks Far South East (FFSE), Mandilla East and Spargos East \u2013 straddling an emerging and significant lithium belt in WA\u2019s Goldfields region.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/resources\/could-dynamic-metals-be-sitting-on-another-significant-goldfields-lithium-deposit\/\"><strong>Recent auger drilling<\/strong><\/a> at Pioneer Dome West \u2013 adjacent to <a href=\"https:\/\/stockhead.com.au\/company\/develop-global-dvp\/\"><strong>Develop Global\u2019s (ASX:DVP)<\/strong><\/a> 11.2Mt Dome North project \u2013 confirmed a 2.8km trend of elevated lithium and pathfinder elements.<\/p>\n<p>The explorer has now turned its attention to the Spargos East prospect, just 14km south of <a href=\"https:\/\/stockhead.com.au\/company\/mineral-resources-min\/\"><strong>Mineral Resources\u2019 (ASX:MIN)<\/strong><\/a> Mt Marion lithium mining and processing operations, where it recently completed a huge soil sampling program.<\/p>\n<p>\u201cThis is a fantastic way for Dynamic to wrap up its first year of exploration. We know that we\u00a0 hold an exceptional tenement package in terms of location and mineral prospectivity, and can\u2019t wait to see what 2024 brings.\u201d<\/p>\n<p>DYM is right in the thick of a burgeoning lithium precinct in WA\u2019s Goldfields\u2019 region. Pic supplied (DYM)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h2><strong>LCT mineralisation potential<\/strong><\/h2>\n<p>DYM collected 880 soil samples at the Spargos East and FFSE prospects in November, targeting lithium-caesium-tantalum (LCT) type pegmatites associated with the contact between volcaniclastic and mafic\/ultramafic units.<\/p>\n<p>The first 300 assays returned from Spargos East highlight a robust and consistent lithium anomaly in soils over 100ppm Li, with peak assays of 190 ppm (equivalent of 409ppm Li2O). The potential for LCT mineralisation is supported by rubidium (up to 492ppm), tantalum (up to 57ppm) and Caesium (up to 64ppm).<\/p>\n<p>Soil sample results from Spargos East. Pic supplied: (DYM)<\/p>\n<p>DYM says it will complete an infill phase of soil sampling to define potential drill targets for 2024, and review and complete any requirements for permitting in preparation of drilling.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Dynamic Metals, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n<p>\u00a0<\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/high-levels-of-lithium-and-pathfinder-elements-found-at-dynamic-metals-spargos-east-prospect\/\">High levels of lithium and pathfinder elements found at Dynamic Metals\u2019 Spargos East prospect<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Peak assays from soil sampling at Spargos and FFSE prospects show high levels of lithium, including up to 409ppm Li2O Spargos East is just 14km <a href=\"https:\/\/economicherald.net\/?p=2984\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":2985,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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