- Dreadnought Resources (DRE) has discovered several gold-in-soil anomalies at the Lawrence’s Corridor which is part of the Illaara Project in WA
- The miner recently completed an infill soil survey which aimed to define drilling targets within the 10-kilometre-long corridor
- Dreadnought is now planning a reverse circulation (RC) drilling program to test 14 geochemical anomalies at the Lawrence’s Corridor
- The 48-hole program will begin right after drilling wraps up at the Metzke’s Find
- Company shares are up 6.67 per cent and trading at 1.6 cents
Dreadnought Resources (DRE) has received results from an infill ultra-fine fraction soil survey at the Lawrence’s Corridor within the Illaara Project in WA.
The recently completed survey aimed to define drill targets within the 10-kilometre-long Lawrence’s Corridor which is located about 45 kilometres south of Metzke’s Find.
Pleasingly, the survey highlighted several significant gold-in-soil anomalies coincident with a major structural trend and elevated pathfinder elements such as bismuth, copper, mercury, titanium, tungsten, silver and tellurium.
“The infill soil results from the Lawrence’s Corridor are encouraging and have generated over a dozen attractive drill targets,” Managing Director Dean Tuck said.
Dreadnought is now planning a 48-hole reverse circulation (RC) drilling program which will test 14 geochemical anomalies, including the newly-identified anomalies, at the Lawrence’s Corridor.
“We have prioritised these targets based on potential grade and scale and look forward to adding them to the current RC drilling program,” Dean added.
Drilling is expected to begin this month, once RC drilling has wrapped up at Metzke’s Find.
Dreadnought is up 6.67 per cent and shares are trading at 1.6 cents at 10:06 am AEDT.