DRE 6.67% 1.6¢ dreadnought resources ltd

Impressive gold intercepts at MangaroonResearch Report, 12 Dec...

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    Impressive gold intercepts at Mangaroon

    Research Report, 12 Dec 2023

    Dreadnought Resources (DRE-ASX) has released strong gold drill results from initial work at the Star of Mangaroon (SoM) prospect, within the Mangaroon Project in the Gascoyne, WA. We know DRE for its rare earth work at Mangaroon and recently highlighted that it is testing nearby gold targets. The first batch of results (10 RC holes) have been returned from drilling close to the historic Star of Mangaroon mine. Further assays are pending in the New Year.

    Today's results include:
    • 7m @ 23g/t Au from 53m (incl. 3m @ 48.9g/t Au)
    • 8m @ 15.5g/t Au from 89m (incl. 3m @ 30.4g/t Au)
    • 9m @ 13.4g/t Au from 9m (incl. 2m @ 59.4g/t Au)

    The drilling follows up works from the 1980s and 1990s that returned results including 4m @ 26g/t Au and 7m @ 14.3g/t Au. The long section below points to a steeply plunging shoot that remains open for testing. We believe it is too early to start assessing scale and await further results.


    Read the full report below.
    https://investorhub.dreadnoughtresources.com.au/activity-updates/impressive-gold-intercepts-at-mangaroon
    b6591e7a-de0a-4e31-823a-b1d227abfa25.pdf
 
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