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Dreadnought Resources prioritises seven camp-scale gold prospects at Central Yilgarn

ASX News, Materials
ASX:DRE      MCAP $59.72M
08 February 2024 11:37 (AEST)

Source: Dreadnought Resources

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.

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