Dreadnought Resources Defines Gold Anomalies at Metzke’s Find

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has defined a number of gold-in-soil anomalies with strong pathfinder associations at the Metzke’s Find prospect within the company’s Illaara gold-VMS project, located near Kalgoorlie in Western Australia.

Dreadnought Resources identified the anomalies by way of a recently completed ultra-fine fraction soil survey at the approx. 12 kilometres long Metzke’s Find prospect.

The company explained the survey was designed as a first pass program to identify gold-in-soil anomalies and ultimately to generate targets for RC drill testing in 2020.

A 12 hole RC drilling program was carried out at Metzke’s in March 2020 around deeper historic workings that confirmed bedrock gold mineralisation, returning drill intercepts that included:

2 metres at 6.8 grams per tonne gold from 79m, including 1m at 12.5g/t gold from 80m;

4m at 1.9g/t gold from 64m, including 2m at 3.1g/t gold from 64m.

“Our recent RC drilling around the historic workings at Metzke’s Find intersected high-grade gold and highlighted a number of deeper bedrock drill targets,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.
“Drilling of these targets is planned to commence in May 2020.

“In addition, geophysics and geochemistry have identified that the historic workings are part of a 12 kilometres long anomalous corridor.

“Our recent ultra-fine fraction soil survey over this corridor has resulted in multiple gold-in-soil anomalies with strong pathfinder associations indicative of an orogenic gold system.

“These gold-in-soil anomalies are significant in scale and will be geologically mapped and possibly infilled to further constrain targets for drill testing in 2020.

“Dreadnought has a rapidly growing list of attractive drillready targets at Illaara including the deeper bedrock targets at Metzke’s and our VMS targets at Rodney and Warspite.

“Others will emerge out of our recent corridor work around Metzke’s and from Illaara Central.”


Email: info@dreadnoughtresources.com.au

Web: www.dreadnoughtresources.com.au