THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has completed its latest round of RC drilling at the company’s Illaara gold-VMS project near Kalgoorlie in Western Australia.
Dreadnought Resources completed six holes at the Metzke’s Find target that has returned visually encouraging intersections.
The company reported the drilling had intersected the targeted lode horizon which consists of sugary recrystalised quartz sulphide veining with a zone of intensely sheared and chlorite, sericite and biotite altered mafic metavolcanics.
Assays are expected during July 2020.
“Dreadnought is pleased to have completed follow up drilling at the historic high-grade Metzke’s Find on time and on budget,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.
“The visual results are encouraging, and we look forward to announcing the assay results during July 2020.
“In the meantime, Dreadnought is gearing up for a return to Rocky Dam by mid-July to follow up on the recently drilled thick near surface gold intercepts.”