The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Dreadnought Resources (DRE) has begun drilling at multiple targets within Metzke’s Corridor at the Illaara Project in WA
  • The targets stretch across the 10-kilometre-long corridor and aim to extend mineralisation at Metzke’s Find, Longmore’s Find and Black Oak
  • These targets will be followed by a further 3000-metre drilling program along the Lawrence’s Corridor
  • Assay results are expected to be released throughout April and May this year
  • Dreadnought Resources is up 6.25 per cent, trading at 1.7 cents

Dreadnought Resources (DRE) has begun drilling at multiple targets within Metzke’s Corridor at the Illaara Project.

Illaara is located 190 kilometres from Kalgoorlie and is made up of seven tenements, covering around 75 kilometres of strike along the entire Illaara Greenstone Belt.

The targets stretch across the 10-kilometre-long corridor and aim to extend mineralisation at Metzke’s Find, Longmore’s Find and Black Oak.

On top of this, Bald Hill, at the northern end of Metzke’s Corridor, will also be drilled for the first time.

“We are excited to recommence drilling at Illaara to follow up the high-grade at Metzke’s Find and Longmore’s Find. We will also be testing for supergene and bedrock mineralisation at Black Oak and to put first drill holes into Bald Hill,” said Dreadnought Managing Director Dean Tuck.

“The first drilling campaign along the Lawrence’s Corridor will then commence. Target generation work is progressing at our Mangaroon nickel-copper-platinum group and gold project and planning is coming together to get back into the Kimberley to drill numerous high- quality base metal targets.”

These targets will be followed by a further 3000-metre drilling program along the Lawrence’s Corridor.

Assay results are expected to be released throughout April and May this year.

Dreadnought Resources are up 6.25 per cent, trading at 1.7 cents at 10:38 am AEDT.

DRE by the numbers
More From The Market Online
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Patagonia shares rise above 20% on lithium grades at maiden well in Argentina

Patagonia Lithium shares rise above 12 percent on lithium grading nearly 600 parts per million at…

Termites show Haranga the way to 8th uranium anomaly at Senegal’s Saraya

Haranga Resources finds 8th uranium anomaly at Senegal's Saraya through termite mound sampling, and is hoping…

Chariot Corp reports high grade lithium pegmatite intercepts

Chariot has announced its latest drilling results at Black Mountain, posting intervals over 14m long grading…