DRE 5.88% 1.6¢ dreadnought resources ltd

Ann: Significant Mineralisation at Tarraji-Yampi Project, page-37

  1. 5,713 Posts.
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    They've rolled about 5 announcements worth of info into 1, released on a Friday  morning, when I had other plans. haha


    This is the start that we wanted and looks like Orion is the standout for now, and Grant's Find also making a comeback.


    Anyway, I haven't even read the whole announcement but I've read the first page so far and it's looking very nice (as Borat would say):

    - RC drilling program (18 RC holes for 3,511m) completed

    - 13m of massive to semi-massive sulphides intersected at Orion containing (~5-20% chalcopyrite)

    - 5m of chalcopyrite-rich quartz veining (~10-30% chalcopyrite) at Grant’s Find;

    - intense potassic-sulphide alteration and quartz veining at Fuso and Paul’s Find

    - 2m of massive sulphide at Chianti containing dominant chalcopyrite, sphalerite and galena.

    - Texas diamond drilling delayed due to rig breakdown
    -- drilling to recommence early August 2021
    -- initial results mid-August 2021

    - RC rig to return September 2021 for follow-up drilling
    -- copper-gold focus on Orion and Grant’s Find

    - assays due in late August 2021


    Dean:
    “Intersecting massive copper bearing sulphide in the first hole drilled at Orion is a watershed moment for the Tarraji-Yampi project".



    Also, ESR.ax hit a $192M MC on a 2.9m massive nickel-copper sulphide hit (from 430m depth) (DRE's drilling is <200m).


    Cheers,

    GB.




    Bit more on Chalcopyrite:


    Chalco.jpg








    Main bits from today's announcement (from page 1 only!):


    DRE - 30-07-21.jpg
 
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