THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced results of a regional soil sampling program undertaken at the company’s Illaara project in Western Australia.
Dreadnought Resources has analysed over 11,000 soil samples, generating a range of new gold and base metal targets.
The company has follow up mapping and surface sampling underway with an aim to have targets defined for drill testing in the December quarter of 2021.
New targets include five more advanced anomalies:
CRA Homestead, Spitfire and Defiance gold anomalies;
Nelson base metal anomaly; and
Lawrence’s Corridor swarm of pegmatites with anomalous LCT values.
“Before this regional soil program, only portions of the Metzke’s, Lawrence’ s and Central Illaara areas had been covered with first pass soil sampling,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.
“This program has successfully identified a number of new gold corridors in different lithostructural settings to the Metzke’s and Lawrence’s Corridors.
“Encouragingly, a new base metal VMS target, Nelson, has been defined with the strongest base metal-in-soil anomaly to date.
“The program also highlighted a strong and coherent lithium-caesium-tantalum anomaly within the Lawrence’s Corridor.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE