THE DRILL SERGEANT: Dreadnought Resources greeted the New World Metals Conference by claiming discovery of four new Rare Earth Element (REE) ironstones at the Yin REE camp within the company’s Mangaroon project in Western Australia.
Dreadnought Resources received assays from recent rock chips confirming four additional REE ironstones, expanding the strike of the emerging Yin REE camp to approx. 11 kilometres.
The company reported the four newly identified prospects (Y3, Y4, Y5 and Y6) are visually and chemically similar to those seen at both Yin and Yangibana.
Dreadnought will commence a detailed airborne magnetic and radiometric survey later in September that is expected to highlight additional anomalies and allow for mapping under shallow cover to trace the ironstones.
This work will assist in identifying new ironstone occurrences, and for the design of drill programs to commence in the March 2022 quarter.
“It is an exciting development confirming four new REE ironstones over approx. 11 kilometres of strike which make Yin camp scale,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.
“We are excited for the results of the planned magnetic-radiometric survey to assist in further target generation ahead of Resource and discovery drilling in the March 2022 quarter.
“In the interim, the upcoming Kimberley program remains on schedule with field crews mobilising to site in mid-September 2021.”
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