- Dreadnought Resources (ASX:DRE) announces results from drilling at the Star of Mangaroon, located within its wholly-owned Mangaroon project in WA
- Assays from 10 shallow RC holes unveiled impressive results, including 7 metres at 23.0 g/t gold
- The total drill program included 18 RC holes for 1725 metres and two diamond holes for just under 150 metres
- Remaining assays from the program are anticipated in January next year
- DRE last traded at 3.1 cents
Dreadnought Resources (ASX:DRE) has announced the results from first-pass drilling at the Star of Mangaroon, located within its wholly-owned Mangaroon project in Western Australia.
The company reported assays from 10 shallow reverse circulation (RC) holes for a total of 903 metres, returning thick, high-grade gold, including seven metres at 23 grams per tonne (g/t) gold.
Other hits included nine metres at 13.4 g/t gold and eight metres at 15.5 g/t gold.
“These results have confirmed the high-grade gold potential around the Star of Mangaroon and along the >10km Mangaroon Shear Zone,” DRE Managing Director Dean Tuck said.
“This comes from the now consolidated project being systematically explored using modern techniques for the first time.”
The total drill program included 18 RC holes for 1725 metres and two diamond holes for just under 150 metres, aimed at confirming and extending mineralisation along strike and at depth from historical drilling in the 1980s and 90s.
The company identified seven new prospects in an area with camp scale potential that has never seen systematic exploration due to fractured, small-scale ownership.
The remaining assays from the program are anticipated in January next year. The company has also flagged a focus on gold along the Mangaroon Shear Zone in 2024.
DRE last traded at 3.1 cents.