DRE 0.00% 2.2¢ dreadnought resources ltd

Where could DRE end up ?, page-101

  1. 5,707 Posts.
    lightbulb Created with Sketch. 8045
    Amazing progress/results at Metzke's, considering that they only acquired it in January this year and have only drilled 3,199m (including tomorrow's holes/results).

    Out of that drilling, we have these best hits:



    From July 2020 results:

    DRE - Previous Results.jpg




    From a couple of weeks ago (batch 1 of current results):

    DRE - Last Results.jpg



    Hopefully tomorrow's batch 2 results from Metzke's continue where batch 1 left off.





    The drill plan per below - any mineralisation from tomorrow's results (blue circles) will extend the known mineralisation width and length and keep growing the potential resource size:


    DRE - Metzke's Drill Plan & Intercepts.jpg





    Once tomorrow's results are in (and if more of the same as the first batch) you'd expect them to shift all focus to Metzke's and go hard at it/drill the crap out of it.




    With all that in mind, we gotta remember that this area is only about 700m in length, out of a 12km defined gold corridor (previously owned by Newmont who must've seen massive potential here (although they didn't own the Metzke's part of the project which was acquired from someone else separately earlier this year)).




    A picture paints a thousand words re; where they are now/drilling, and the whole Metzke's corridor to be explored:


    DRE - Metzke's Corridor.jpg








    And of course, after tomorrow's Metzke's results (9 holes), we also have the first-pass drilling results from the up-the-road Longmore's & Black Oak prospects (20 holes) due in the next few trading days - so could be another trading halt in a few days!






    Some images of intersections from the first batch of this Metzke's drilling campaign:


    DRE - RC1.jpg







    DRE - RC2.jpg








    DRE - RC3.jpg







    But wait, there's more.



    4 minutes of Captain Tuck going through Metzke's and Longmore's/Black Oak 3 weeks ago at the DRE booth at the RIU conference (well worth (another) watch):








    Looking forward to seeing this story continue to play out with Metzke's, and the 12km strike Metzke's Corridor, and the whole 900 sq km DRE/Illaara Greenstone belt with 75km of strike across it.


    Cheers,

    GB.
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $77.28M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $113.1K 5.141M

Buyers (Bids)

No. Vol. Price($)
3 1389997 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 529996 2
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.