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Widgiemooltha – Lithium

Emerging as new lithium belt The Widgiemooltha project is located well inside the lithium “goldilocks zone.” 

Project overview

• Mt Marion, Bald Hill and Buldania projects all lie within 25km of Dynamic tenure
• Directly adjacent to Develop Group’s (ASX: DVP) Dome North lithium project and Sinclair LCT mine
• Joint Venture and Mineral Rights Sharing Agreement executed with Mineral Resources (ASX:MIN) in 2024
• A$5 million received in 2024 to form 60% DYM/40% MIN JV
• A$14M cash earn-in over 4 years to increase stake to 65%
• MinRes to sole fund expenditure to Decision to Mine, where DYM may convert to a royalty
• Dynamic retains rights to all minerals other than lithium over the Project and maintains access to all areas of the Project

1. Widgie Nickel Ltd ASX Announcement 8 November 2023: “375% Growth in Faraday-Trainline Lithium Mineral Resource”
2. Develop (previously Essential Minerals) ASX:DVP ASX Announcement 20 December 2022: “Dome North Resource upgrade”
3. Mineral Resource ASX:MIN ASX Announcement 22 September 2023: “Mineral Resources & Ore Reserves Update”
4. Liontown ASX:LTR ASX Announcement 8 November 2019: “Maiden Lithium Mineral Resource Estimate at Buldania”
5. Tawana Resources ASX:TAW ASX announcement 6 June 2018: “Lithium Ore Reserve Increase of 105% at Bald Hill”