Dreadnought Resources Kicks Off 2023 Mangaroon Drilling Campaign

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced RC drilling has commenced at the company’s 100 per cent-owned Mangaroon project in the Gascoyne Region of Western Australia.

Dreadnought Resources is following up results achieved during 2022, from which it identified 43 kilometres of mineralised ironstones at Yin as well as REE-phosphorous pentoxide-titanium dioxide-scandium C1-C7 carbonatites.

In December 2022, Dreadnought reported an initial, independent, Inferred JORC Resource of 14.36 million tonnes at 1.13 per cent total rare earth oxides (TREO) over only 3km of the 43km of mineralised ironstones.

The company has RC drilling currently underway at Yin to build upon the current Resource as well as testing an Exploration Target along strike.

A second RC rig and a diamond rig will commence in March 2023.

The RC rig will focus on first pass, wide spaced drilling of the C1-C7 carbonatites.

The diamond rig will provide ongoing support for Resource upgrades, metallurgical testwork and geotechnical studies.

“After an extremely successful 2022 drilling program, we are excited to be back on site for what will be a busy year for Dreadnought as we seek to make additional discoveries and to rapidly grow Resources,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“After a short break, the team is ready to deliver on both the ironstones and carbonatites as we build the wider Gifford Creek Ferrocarbonatite Complex into a world class rare earth and critical metals region.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE