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Dreadnought Resources Scores Big Gold Hit at Longmore’s Find

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) reported drilling results from the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources carried out maiden drilling programs at the mysterious Longmore’s Find and Black Oak deposits.

The drilling is the first ever undertaken at either prospect – Longmore’s Find (13 holes, 1,161m) and Black Oak (7 holes, 711m).

Both prospects confirmed gold mineralisation, including the highest-grade intercept to date within the Illaara Greenstone Belt of:

LMRC005
1 metre at 100 grams per tonne gold from 56m.

“Confirming high-grade mineralisation at Captain Longmore’s Find, nearly 100 years after his prospecting party walked through the area is a watershed moment for Dreadnought,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“This drilling has confirmed the potential for the approximate 10 kilometres-long Metzke’s Corridor to contain multiple high-grade deposits within over a dozen anomalies.

“Furthermore, the Illaara Greenstone Belt has potential to host other multi-deposit camps including Central Illaara and Lawrence’s Corridor.

“Dreadnought looks forward to following up these drill intercepts and commencing target generation and definition work across Illaara.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Encounters Further Metzke’s Find High Grades

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced the results from eight of 17 RC holes drilled at Metzke’s Find, part of the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources reported the eight RC holes had all intersected the mineralised lode at Metzke’s Find and included the best intercept the company has achieved to date with results including:

MZRC019
4 metres at 19.9 grams per tonne gold from 45m, including 2m at 39.2g/t gold from 45m;

MZRC021
4m at 10.5g/t gold from 108m, including 3m at 13.8g/t gold from 108m; and

MZRC022
4m at 10.5g/t gold from 19m, including 2m at 20.7g/t gold from 19m.

The second batch of nine holes has been delivered to the lab with the company expecting results mid-October 2020.

The drilling was undertaken to follow up previously encountered high-grade gold intercepts at Metzke’s Find.

“Metzke’s Find continues to deliver high-grade intercepts with MZRC019 returning an approximate 80 gram metre intercept (Au grade x thickness), the best to date,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“We have now confirmed high-grade intercepts from around 20 metres to approximately 120 metres in depth and along 280 metres of strike.

“There are a further nine holes at the lab which will add further intercepts at depth and to the south.

“This is an exciting step forward for Metzke’s Find and Illaara in general.

“We are looking forward to the results from these nine holes as well as our first holes at Longmore’s Find and Black Oak.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Drilling at Matzke’s and Longmore’s Finds

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has started a 36-hole RC drill program at the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources will commence by drilling 19 holes at Metzke’s Find, where it has previously encountered high-grade gold intercepts.

Once the Metzke’s Find drilling is complete, Dreadnought will move the rig approximately 10 kilometres north to Longmore’s Find and undertake the first drilling program targeting three forgotten historical lodes identified by Captain Longmore in the 1920s.

Longmore’s Find has a Lassiter’s Reef feel to it, having been unearthed by Dreadnought while researching the history of Metzke’s Find in a 1923 newspaper article discussing the results of the No. 3 State Prospecting Party’s discovery six miles north of Metzke’s Find.

Having achieved recent rock chips, up to 18 grams per tonne gold, Dreadnought is excited to accelerate exploration at Longmore’s Find.

“Dreadnought is excited to recommence drilling at Metzke’s Find to follow up on previous significant intercepts,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“As well, we will kick off the first ever drilling at the recently re-discovered Longmore’s Find.

“We have an exciting time ahead with drilling and results from Illaara prior to heading up to the Kimberley.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Confirms Copper-Gold Targets

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) declared the confirmation of new targets at the Fuso and Paul’s Find copper-gold targets within the company’s Tarraji-Yampi project in Western Australia.

Dreadnought Resources made the confirmation via the results of 3D inversion of detailed magnetic and gravity data surveys recently undertaken at the Fuso and Paul’s Find targets.

The 3D inversion at the Fuso target refined and confirmed an intense south-east dipping magnetic anomaly with a central gravity anomaly associated with demagnetisation that Dreadnought believes to be a geophysical signature typical of Proterozoic copper-gold deposits such as those seen in Tennant Creek and Mt Isa.

At Paul’s Find, the survey spotted an intense, isolated, reversely/remanently magnetised anomaly with a coincident density anomaly.

Inversion modelling suggests the isolated feature is located near surface, measuring approximately 300m by 200m.

“Dreadnought is excited about the results of these surveys which highlight the scale and attractiveness of our targets in an area which seen no exploration since 1978,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“Fuso and Paul’s Find are large and intense coincident magnetic-gravity targets completely undercover with an abundance of copper-gold-bismuth-antimony smoke.”

RC drilling at Fuso will test the contacts of the magnetic and gravity anomalies as well as the centre of the gravity anomaly.

At Paul’s Find, RC drilling will test the coincident magnetic and gravity anomaly.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Extends Rocky Dam Gold

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) recently completed a 10-hole RC drilling program at CRA-North, part of the company’s Rocky Dam gold-VMS project east of Kalgoorlie in Western Australia.

Dreadnought Resources reported the drilling program had extended thick, shallow zones of gold mineralisation at CRA-North, returning drill intercepts including:

RDRC012
20 metres at 1.1 grams per tonne gold from 40m, including 5m at 3.3g/t gold from 52m; and

RDRC009
15m at 0.4g/t gold from 13m, including 4m at 1.3g/t gold from 17m.

The drill program was designed to follow up on previous shallow oxide intercepts and proved to be encouraging with all holes encountering oxide mineralisation, generally associated with ferruginous quartz veining in both felsic schists and sedimentary rocks.

Dreadnought hinted that the orientation of the bed rock lode remains elusive and requires greater structural understanding.

Accordingly, the company will undertake a review of the work completed to date, including relogging and detailed structural mapping in the September 2020 quarter.

“The results from the second drill program at CRA-North are encouraging with all holes mineralised and shallow oxide intercepts extending the strike extent of Rocky Dam,” Dreadnought Resources managing director Dean Tuck said in the company’s announceemmnt to the Australian Securities Exchange.

“The thick shallow oxide mineralisation, combined with approximately 300 metres of strike and proximity to Kalgoorlie, continues to make CRA-North an attractive target.

“In the short term, we will increase our structural understanding of CRA-North ahead of future drilling planned for the December 2020 quarter.”

 

TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Completes Metzke’s Find Drilling

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has completed its latest round of RC drilling at the company’s Illaara gold-VMS project near Kalgoorlie in Western Australia.

Dreadnought Resources completed six holes at the Metzke’s Find target that has returned visually encouraging intersections.

The company reported the drilling had intersected the targeted lode horizon which consists of sugary recrystalised quartz sulphide veining with a zone of intensely sheared and chlorite, sericite and biotite altered mafic metavolcanics.

Assays are expected during July 2020.

“Dreadnought is pleased to have completed follow up drilling at the historic high-grade Metzke’s Find on time and on budget,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“The visual results are encouraging, and we look forward to announcing the assay results during July 2020.

“In the meantime, Dreadnought is gearing up for a return to Rocky Dam by mid-July to follow up on the recently drilled thick near surface gold intercepts.”

 

Email: info@dreadnoughtresources.com.au

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Drilling at Illaara

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has commenced a 12 hole RC drill program at the company’s Illaara gold-VMS project outside Kalgoorlie in Western Australia.

Dreadnought Resources’ drilling will commence with six holes spread across the Rodney, Warspite, Bismarck and Reindler’s VMS targets, all of which have been identified to contain outcropping gossans and conductive EM plates.

Drilling will then entail six holes undertaken at Metzke’s Find to infill 250m of strike beneath the deepest workings associated with a bend in the mineralised structure where previous drilling intersected encouraging gold hits.

“Six EM plates with coincident outcropping gossans will be drilled along with holes beneath the deepest workings and coincident structural bend at the Metzke’s Find,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“We have barely scratched the surface at Illaara with over 100 kilometres of prospective VMS horizon and numerous gold corridors at Central Illaara, Metzke’s and Lawrence’s.”

Once the above-mentioned drilling is complete, Dreadnought will undertake additional target definition work within the Illaara Central Corridor, Metzke’s Corridor, Eastern and Western VMS Horizons and at Rocky Dam followed by additional RC drilling in July/August 2020.

 

Email: info@dreadnoughtresources.com.au

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Raises Ilaara Drilling Funding

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) is set to commence drilling activities at the company’s Illaara and Rocky Dam gold and VMS projects near Kalgoorlie in Western Australia.

Dreadnought Resources is primed for the drilling to test nine high-quality gold and VMS targets at Illaara and Rocky Dam following a placement, raising $500,000 at 0.4 cents per share.

Drilling will commence at Illaara on the Rodney, Warspite, Bismarck and Reindler’s VMS targets, all of which Dreadnought has identified to contain outcropping gossans and conductive EM plates.

Drilling will then proceed to Metzke’s Find to infill 250m of strike beneath the deepest workings associated with a 15 degree bend in the mineralised structure where previous drilling intersected 2m at 6.8g/t gold and 4m at 1.9g/t gold.

Once this drilling has been completed, Dreadnought will undertake additional target definition work within the Illaara Central Corridor, Metzke’s Corridor and Rocky Dam followed immediately by additional RC drilling scheduled for July/August 2020.

“Dreadnought, in its first 12 months of operations, has been extremely active, with over 80 per cent of its funds going into the ground,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“Dreadnought has acquired and consolidated significant landholdings over prospective under-explored terrain and defined thirty drill ready targets while drilling nine previously defined targets.

“This funding will be used specifically to test nine of our highest ranked targets commencing in late May 2020.”

 

Email: info@dreadnoughtresources.com.au

Web: www.dreadnoughtresources.com.au

 

Dreadnought Resources Defines Gold Anomalies at Metzke’s Find

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has defined a number of gold-in-soil anomalies with strong pathfinder associations at the Metzke’s Find prospect within the company’s Illaara gold-VMS project, located near Kalgoorlie in Western Australia.

Dreadnought Resources identified the anomalies by way of a recently completed ultra-fine fraction soil survey at the approx. 12 kilometres long Metzke’s Find prospect.

The company explained the survey was designed as a first pass program to identify gold-in-soil anomalies and ultimately to generate targets for RC drill testing in 2020.

A 12 hole RC drilling program was carried out at Metzke’s in March 2020 around deeper historic workings that confirmed bedrock gold mineralisation, returning drill intercepts that included:

MZRC012
2 metres at 6.8 grams per tonne gold from 79m, including 1m at 12.5g/t gold from 80m;

MZRC010
4m at 1.9g/t gold from 64m, including 2m at 3.1g/t gold from 64m.

“Our recent RC drilling around the historic workings at Metzke’s Find intersected high-grade gold and highlighted a number of deeper bedrock drill targets,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.
“Drilling of these targets is planned to commence in May 2020.

“In addition, geophysics and geochemistry have identified that the historic workings are part of a 12 kilometres long anomalous corridor.

“Our recent ultra-fine fraction soil survey over this corridor has resulted in multiple gold-in-soil anomalies with strong pathfinder associations indicative of an orogenic gold system.

“These gold-in-soil anomalies are significant in scale and will be geologically mapped and possibly infilled to further constrain targets for drill testing in 2020.

“Dreadnought has a rapidly growing list of attractive drillready targets at Illaara including the deeper bedrock targets at Metzke’s and our VMS targets at Rodney and Warspite.

“Others will emerge out of our recent corridor work around Metzke’s and from Illaara Central.”

 

Email: info@dreadnoughtresources.com.au

Web: www.dreadnoughtresources.com.au