Dreadnought Resources Commences Mangaroon Project Exploration

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has commenced target definition and generation work at the company’s Mangaroon nickel-copper-PGE and gold project near Exmouth in Western Australia.

Dreadnought Resources is undertaking soil sampling at Mangaroon targeting anomalous nickel-copper-PGE mineralisation within the Money Intrusion.

Soil sampling targeting gold mineralisation will then commence over the Edmund and Minga Bar Faults over known gold occurrences at Cullen’s Find, White Well and Michell’s Find.

The company anticipates results of these sampling programs to filter through during April and May 2021.

In addition to the soil sampling activities, Dreadnought intends running a detailed airborne magnetic survey covering the Money Intrusion, scheduled to commence in March 2021.

“We are excited to commence target definition and generation work at Mangaroon,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“For gold, we will assess historical gold mining areas that have never been drilled.

“In addition, we will follow up on historical drilling with high grade-gold intersections.

“For nickel-copper-PGE, there is an extensive outcropping mineralised mafic intrusion with the potential to host high tenor massive sulphides that has never been the subject of a targeted exploration program.

“Mangaroon contains a tantalising mix of precious and base metals potential to progress in 2021.”




Email: info@dreadnoughtresources.com.au


Web: www.dreadnoughtresources.com.au