ASX :

JV Projects

The Company has an active strategy as a project generator and incubator. Under this strategy, the Company identifies prospective tenure (based on location, geology, known geochemistry and other measures) and then progresses the project through smart exploration processes. At the appropriate time, the Company makes the decision as to whether to continue funding the project or advance it via external JV funding.

A key feature of Dynamic Metals’ joint ventures is that the Company is free carried through to a major value adding event, such as a Decision to Mine or Bankable Feasibility Study.

This provides Dynamic shareholders ongoing interest in the projects without having to contribute to funding. By having multiple parties funding the various projects, it accelerates the time to progress the projects with a combined spend that is significantly more than Dynamic could spend in its own right.

Key terms of some of the active Dynamic joint ventures

Project Commodity Company DYM Interest
Widgiemooltha Lithium Mineral Resources Limited 60% lithium, 100% other minerals
Deep Well Nickel-Copper-PGE M61 Holdings Pty Ltd 80%
Prospect Ridge Magnesite GWR Group (ASX:GWR) 30%
Joyners Iron Ore Gold Valley West Wiluna 20%
Leinster Nickel Ore Resources Limited (ASX:OR3) 20%
Torque Gold Torque Metals (ASX:TOR) 20%
Bundie Bore Gold Voltaic Strategic Resources Limited (ASX:VSR) 20%
Salt Creek Gold Metallium (ASX:MTM) 20%

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