Dreadnought Resources Identifies Highly Conductive Orion Look-Alike Anomalies

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) reported results from a recently completed FLEM survey at the company’s Tarraji-Yampi project in the Kimberley Region of Western Australia.

Dreadnought Resources said the FLEM survey had complimented recent auger results that identified 14 high-quality targets with similar geochemical and geophysical signatures its high-grade copper-silver-gold-cobalt-zinc Orion discovery.

The company explained the combined auger/FLEM results have identified six coincident geochemical, magnetic and strong conductor anomalies, three of which have identified outcropping mineralisation.

Dreadnought has interpreted a further three moderate to weak conductors from the results with coincident geochemical anomalies, including Thunderer North where an outcropping mineralised vein was identified with what it considers similarities to Grant’s Find and Vanguard.

All targets sit within prospective litho-structural settings and are scheduled to be RC drilled in August/September 2023.

“Tarraji-Yampi had been unexplored for over 50 years prior to becoming Dreadnought’s original flagship project upon listing in 2019,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“Since the Orion discovery in 2021, Dreadnought has significantly enhanced the geological, geochemical and geophysical understanding of this unexplored region.

“This has resulted in fourteen geochemical and geophysical anomalies, hosted within prospective litho-structural settings similar to the known massive sulphide mineralisation at Orion and vein hosted mineralisation at Grant’s.

“With our new understandings and datasets now available, it is worth highlighting that several of these anomalies are stronger, larger and/or higher tenor than those over Orion.

“We are excited about the prospect of making additional discoveries and proving the scale of the copper-silver-gold-cobalt-zinc opportunity at Tarraji-Yampi.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE