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Dreadnought Resources Ltd.
Summary
| Project: | Tarraji-Yampi | |
|---|---|---|
| Deposit: | Chianti | |
| Location: | Australia | |
| Commodities: | Zinc-Lead-Copper-Gold-Silver | |
| Date: | 12/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-12-2019: Dreadnought Resources Ltd. announces an Exploration/Drilling Update report for its Chianti deposit at the Tarraji-Yampi project. 1.0m @ 3.3% Zn, 0.3% Pb, 0.2% Cu, 7.8g/t Ag from 61.4m. Dreadnought Resources Limited (“Dreadnought” or “the Compan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dean Tuck (Internal) | |
| ABSTRACT: | Dreadnought Resources Limited (“Dreadnought” or “the Company”) is pleased to announce that assay results have confirmed significant VMS mineralisation at Chianti. In addition, DHEM results indicate Chianti is comprised of stacked lodes. The lower plate is showing a much stronger EM response and has the potential for further stacked loads below it. The DHEM survey also shows that the upper plate is located further to the south than expected. At Rufina, FLEM surveys generated an additional six plates, all larger than Chianti. The Rufina plates are associated with gossans and/or strong magnetic anomalies. This further highlights the potential of Chianti-Rufina to host a number of VMS deposits. Dreadnought Managing Director, Dean Tuck, commented “Our VMS work in 2019 has been a success. At Chianti, we have already identified significant VMS mineralisation in multiple stacked lodes. Assay results confirm the tenor of historical ACM intercepts at Chianti and are aligned with the previously reported massive sulphide intervals. Our targeting approach has also been validated leading to six additional large drill targets being identified. It is clear that the area could host host a number of VMS deposits and we look forward to follow up drilling at Chianti and the nearby targets in 2020.” | |
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