Dreadnought Resources Drilling Points to Potential Large System at Tarraji-Yampi
THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) managed to get a few assays rushed through the lab of one-metre samples from a recently completed RC drilling program at the company’s Tarraji-Yampi project in the West Kimberley region of Western Australia.
Of the total of 1,542 samples collected during the drilling program, 283 were rushed with the remaining assays expected in September 2021.
The assay results received include drilling at the Orion, Grant’s Find and Fuso targets, returning:
Orion
KMRC0107
12 metres at 1.6 per cent copper, 31.7 grams per tonne silver and 0.5g/t gold from 45m;
Grant’s Find
KMRC016
10m at 2.3 per cent copper, 0.1g/t gold and 0.03 per cent cobalt from 101m, including 4m at 4.9 per cent copper, 0.2g/t gold and 0.07 per cent cobalt from 106m; and
Fuso
KMRC012
1m at 2.1 per cent copper, 3.9g/t silver, 0.1g/t gold and 0.2 per cent cobalt from 90m.
Dreadnought said the results from Orion, Grant’s Find and Fuso demonstrate a strong copper-gold-silver style of mineralisation with associated cobalt, bismuth and antimony (up to 0.1% – 0.2%) metal association.
The company interpreted the results to suggest this association indicates that all three targets are potentially part of a larger mineralisation system.
“Confirming a potentially large-scale copper-gold-silver-cobalt-bismuth-antimony system is extremely exciting,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.
“Furthermore, there is clearly unfinished business at all three targets – Orion, Grant’s Find and Fuso.
“At Orion, it would appear that we only nicked the edge of the target.
“At Grant’s Find we returned our best results to date and this area continues to build.
“Fuso surprised in the sense that we did not explain the magnetic anomaly while still intersecting mineralisation – a near miss.
“Remaining assays are expected in September 2021 and we are incorporating these results into planning our next drill program in September 2021.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: info@dreadnoughtresources.com.au
Web: www.dreadnoughtresources.com.au