DRE 4.76% 2.0¢ dreadnought resources ltd

Ann: $21.4M Raising to Accelerate World-Class Mangaroon Project, page-186

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    Quite subtle and I missed this on a quick skim of the area earlier today.

    Time lapse in false colour shows access and 10 sites prepared between 15-20 March.

    https://hotcopper.com.au/data/attachments/5140/5140616-2d462dd1bf98704d60b85dfa03651fd6.jpg


    For the northern magnetic trend - ~20 sites with most prepared by March 5.

    https://hotcopper.com.au/data/attachments/5140/5140662-b9d68560d6534cea9c39484313eadd2d.jpg

    The sudden increase in visibility of the track starts between the 10th and 15th. This probably represents drilling activity with perhaps most sites being drilled here by the 20th.

    ==================
    Regional view on Google Earth.

    https://hotcopper.com.au/data/attachments/5140/5140707-56b347da562a273d066b417d39e94554.jpg

    For access DRE are using existing station tracks where possible. Appear to be avoiding crossing the Edmunds and Lyons river in 'random' spots if at all.

    Announced drill plans are surprisingly accurate. Lime green triangles at Yin.

    Detail for Yin Mag north area

    https://hotcopper.com.au/data/attachments/5140/5140735-ba672ef77777eb9c5aa145a92d96719a.jpg

    Magenta (white) circles are sentinel interpreted sites. White triangles for 2022 chip samples with TREO assays.
    Red lines Magnetic trends, thin red = thorium radiometric anomaly #3 = Y2 area.
    Yellow access main ones used/created by DRE

    The access road follows the mag trend such that infill can be done if the initial ~400m spaced scoping holes are positive.

    GPS location must make follow up of airborne geophysics easier than pre that technology. Ground confirmation was necessary before sending in the drills back in my early career.

    Four sites were prepared, along with access, at Y2 in 2022.

    North end of Yin 2022 drilling returned nil to low results holes 118-120.

    The northern 12 holes/sites will be drilling through variable depths of recent cover. Darker brown colour in the north and west. HAS have their water bore field in this late unit.

    ===========

    South Yin Mag site preparation area

    https://hotcopper.com.au/data/attachments/5140/5140808-01d542b6da5893d753e14235ad31e175.jpg

    Still some flow in the Edmunds Lyon river systems from recent rains.

    Will be interesting to see how DRE access the southern extension.

    =================================





 
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