Dreadnought Resources Encounters Further Metzke’s Find High Grades

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced the results from eight of 17 RC holes drilled at Metzke’s Find, part of the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources reported the eight RC holes had all intersected the mineralised lode at Metzke’s Find and included the best intercept the company has achieved to date with results including:

4 metres at 19.9 grams per tonne gold from 45m, including 2m at 39.2g/t gold from 45m;

4m at 10.5g/t gold from 108m, including 3m at 13.8g/t gold from 108m; and

4m at 10.5g/t gold from 19m, including 2m at 20.7g/t gold from 19m.

The second batch of nine holes has been delivered to the lab with the company expecting results mid-October 2020.

The drilling was undertaken to follow up previously encountered high-grade gold intercepts at Metzke’s Find.

“Metzke’s Find continues to deliver high-grade intercepts with MZRC019 returning an approximate 80 gram metre intercept (Au grade x thickness), the best to date,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“We have now confirmed high-grade intercepts from around 20 metres to approximately 120 metres in depth and along 280 metres of strike.

“There are a further nine holes at the lab which will add further intercepts at depth and to the south.

“This is an exciting step forward for Metzke’s Find and Illaara in general.

“We are looking forward to the results from these nine holes as well as our first holes at Longmore’s Find and Black Oak.”




Email: info@dreadnoughtresources.com.au


Web: www.dreadnoughtresources.com.au