MANAGEMENT

Drilling dynamo

DRILLING contractor Dynamic Group Holdings expects to generate up to $11.6 million over a 12-month period from contract wins by its drilling arms Welldrill and Orlando.

 Liontown country

Liontown country

Exploration driller Orlando secured work in Western Australia's Pilbara with a lithium miner for reverse circulation drilling services starting in early November.

Orlando also secured an extension to an existing project providing RC and diamond drilling services with another customer in the Pilbara.

Welldrill was awarded a production and monitoring bore contract with a tier 1 gold miner and also picked up work with near-term lithium miner Liontown Resources for exploration monitoring and production wells.

Dynamic Group managing director Mark Davis said the company's exploration drilling capabilities and experience in the lithium sector was bringing in work with well-funded and experienced battery metals producers.

"Our wide experience in lithium and nickel related projects places us in a strong position for further expansion within these sectors," he said.

"We are also excited that we have been able to support Welldrill at a group level to secure new projects to complement its long-term iron ore multi-rig contract in the Pilbara."

Davis said the company had a strong pipeline of opportunities following a sustained and strong level of enquiry for its services.

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