Source: Dreadnought Resources
The Market Online - At The Bell

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

  • Dreadnought Resources (ASX:DRE) prioritises seven camp-scale gold prospects at its Central Yilgarn project in Western Australia
  • Three of these prospects have multiple walk-up drill targets, with some of the results including, 15m at 1.5 g/t gold from 12m, including 6.7 g/t gold over 3m
  • Activities at Central Yilgarn are set to commence in March 2024
  • DRE shares last traded at 1.9 cents

Dreadnought Resources (ASX:DRE) has prioritised seven camp-scale gold prospects at its Central Yilgarn project in Western Australia.

Three of these prospects have multiple walk-up drill targets, with some of the results including, 15 metres at 1.5 grams per tonne (g/t) gold from 12 metres. This intersection included 6.7 g/t of gold over three metres.

In another hole, Dreadnought uncovered up to 7.1 g/t of gold across three metres from 26 metres.

Specifically, Dreadnought’s Honeymoon target showcases shallow historical workings with free gold in altered ultramafic rocks. Because of its high-grade potential, Dreadnought has listed this target as its top priority for drilling at Central Yilgarn.

“Our intensive review following the first-ever consolidation of four large and underexplored greenstone belts in the highly prolific Yilgarn Craton has yielded strong results,” DRE Managing Director Dean Tuck said.

“Other drill-ready targets include large anomalies at Viper, Leghorn and Chicken
Little, we are looking forward to advancing these targets in this high gold price environment.”

Activities at Central Yilgarn are set to commence in March 2024.

DRE shares last traded at 1.9 cents.

dre by the numbers
More From The Market Online

Brookside broadens non-operated oil and gas development program

Brookside Energy has secured non-operated interests in five additional proposed horizontal wells across three areas the…

Pro Medicus signs $43M, seven-year contract with Virtua Health in US

Pro Medicus' wholly-owned US subsidiary, Visage Imaging, has signed a seven-year, $43 million contract with Virtua…

Lachlan Star spinning the bit to expand high-grade gold discovery at New Waverley

Lachlan Star has commenced drilling targeting extensions to the high-grade gold discovery beneath Waverley Pit and…
HotCopper Daily Market Trends Graphic

Wednesday’s HotCopper trends: NEXTDC, Energy Technologies, BSA and other daily topics

Wednesday’s HotCopper trends: NEXTDC, Energy Technologies, BSA and other daily topics as we wrap up today's…