Dreadnought Resources Hits Thick, High-Grade Gold at Mangaroon

THE DRILL SERGEANT: Dreadnought Resources reported assays from 10 shallow RC holes drilled around the company’s Star of Mangaroon gold mine in Western Australia.

Dreadnought Resources said the drilling had returned thick, high-grade intercepts including:

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9 metres at 13.4 grams per tonne gold from 9m, including 2m at 59.4g/t gold from 16m;

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7m at 23g/t gold from 53m including 3m at 48.9g/t gold from 54m; and

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8m at 15.5g/t gold from 89m including 3m at 30.4g/t gold from 90m.

The company explained the drill program of 18 RC holes and 2 diamond holes was designed to confirm and extend mineralisation along strike and at depth from shallow historical drilling in the 1980s and 1990s which also returned high-grades.

“These results have confirmed the high-grade gold potential around the Star of Mangaroon and along the greater than 10 kilometres Mangaroon Shear Zone,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“This comes from the now consolidated project being systematically explored using modern techniques for the first time.

“The Chrysos PhotonAssay technique is also providing more robust and reliable assessment of the nuggety high-grade gold mineralisation.

“Dreadnought’s consolidation of gold projects over the past two years is starting to bear fruit as we advance gold exploration across both Mangaroon and Central Yilgarn into 2024.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE