Dreadnought Resources Extends Mangaroon Drilling Targets

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) informed the market it has extended the current drilling arrangements at the company’s 100 per cent-owned Mangaroon project in the Gascoyne Region of Western Australia.

Dreadnought Resources has engaged a RC drill rig to commence drilling the Gifford Creek niobium-rare earth elemets (REE) carbonatite targets in July, immediately following drilling of the Tarraji-Yampi targets.

“We are pleased to…secured a RC rig for programs at Mangaroon,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“The programs at Mangaroon will include extensions to thick, high-grade niobium, testing areas of deeper weathering for niobium accumulations as well as our first test of the exciting copper-gold, zinc-silver VMS target at Tiger.”

The company has picked a Geological Survey of Western Australia (GSWA) Exploration Incentive Scheme (EIS) grant to co-fund the Gifford Creek and Tiger programs.

In addition, a moving loop electromagnetic survey (MLEM) will be completed ahead of the Tiger program to assist with target definition.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE