- Dreadnought Resources (DRE) commences drilling at its Tarraji-Yampi Project in the West Kimberly region of Western Australia
- The reverse circulation (RC) drilling program includes 30 holes for a total of around 4000 metres a the Orion, Fuso and Grant’s Find prospects
- Results from this program will be released over the next two months
- Dreadnought is up 2.78 per cent at 3.7 cents per share at 11:37 am AEDT
Dreadnought Resources (DRE) has commenced drilling at its Tarraji-Yampi Project in the West Kimberly region of Western Australia.
The reverse circulation (RC) drilling program includes 30 holes for a total of around 4000 metres a the Orion, Fuso and Grant’s Find prospects.
Drilling is following up from the previous massive sulphide intersection from KMRCO17.
Dreadnought will start the program at Orion, which has a planned 23 holes, followed by Fuso and Grant’s Find. Follow up drilling will be based on the initial drilling results.
Results from this program will be released over the next two months.
Commenting on the drilling program is Managing Director Dean Tuck.
“We are embarking on a 30 plus hole RC drill program that will follow up on the significant intercepts at Orion, Fuso, and Grant’s Find,” he said.
“In addition, we will test a further six high quality magnetic/EM anomalies. Orion, Fuso and Grant’s Find are considered to be part of a large mineralised system and this program will provide the framework to determine the scale of the opportunity.”
Tarraji-Yampi is located entirely within the Yampi Sound Training Area, a Commonwealth Defence Reserve in the West Kimberley, around 80 kilometres from the port of Derby.
It is the second largest defence reserve in Australia after Woomera in South Australia and was off limits to mineral exploration from 1978 to 2013.
Dreadnought was up 2.78 per cent at 3.7 cents per share at 11:37 am AEDT.