- Dreadnought Resources (DRE) completes drilling campaign at the Tarraji-Yampi project in the West Kimberley region of Western Australia
- A drilling program consisting of 32 reverse circulation drill holes began at the start of October across the Orion, Fuso and Grant’s Find prospects
- The company has confirmed of the 29 holes drilled at Orion, 19 intersected massive to semi-massive sulphides or supergene, oxide mineralisation
- While assays are pending, DRE says the results so far indicate that the prospects could be part of a large mineralised system
- Shares in Dreadnought Resources were up 5.4 per cent to 3.9 cents each at 10:14 am AEDT
The wet season has brought an end to Dreadnought Resources (DRE) drilling campaign at the Tarraji-Yampi project in the West Kimberley region of Western Australia.
A drilling program consisting of 32 reverse circulation drill holes began at the start of October across the Orion, Fuso and Grant’s Find prospects.
At the Orion prospect, drilling reportedly focused on a geophysical anomaly that extends 400 metres in strike and to a depth of 500 metres, with a total of 29 holes drilled.
On October 11, DRE reported intersecting massive sulphides at Orion and now with work completed, the company has confirmed 19 of the holes drilled intersected massive to semi-massive sulphides or supergene, oxide mineralisation.
Also at Orion, initial results indicate the mineralisation extends across a strike length of 240 metres and from a depth of between one and 150 metres down dip.
The company said this result includes multiple supergene and oxide intercepts in the top 20 metres from surface.
Additionally, six magnetic targets around the Orion and Fuso prospects were tested and shown to contain multiple zones of copper and cobalt mineralisation within chlorite and silica altered sediments and mafics.
While drilling is complete for 2021, Dreadnought believes the results indicate a large mineralised system and a review of data is underway with intentions for additional drilling in 2022.
Assay results for the most recent drilling program are expected over November and December.
Shares in Dreadnought Resources were up 5.4 per cent to 3.9 cents each at 10:14 am AEDT.