THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) left the 2022 RIU Sydney Resources Roundup making a beeline to commence RC drilling at the company’s Mangaroon project in the Gascoyne Region of Western Australia.
Dreadnought Resources informed the market that drilling has commenced at the Money Intrusion nickel-copper-PGE prospect (First Quantum Minerals JV) where nine holes are to be drilled targeting an approx. 1.2 kilometres long gossanous horizon with coincident EM anomaly and other sub-cropping gossanous outcrops and undercover magnetic features.
Once initial drilling is complete, a DHEM survey will be undertaken with results expected in June/July 2022.
“Dreadnought is excited to commence its first drill program at the Mangaroon project,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.
“Drilling will initially target the previously undrilled gossanous horizon along the Money Intrusion where work over the past year has defined robust nickel-copper-PGE targets.
“Once this program is completed, we will prepare for drilling the 100 per cent-owned REE ironstones and carbonatites.
“The team, our stakeholders and our partners at First Quantum Minerals have worked exceptionally hard over the past year to get this project granted, targets defined and approvals in place.
“We can’t wait to see what the drilling produces.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE