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Dreadnought Resources Ltd.
Summary
| Project: | Tarraji-Yampi | |
|---|---|---|
| Deposit: | Grants | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 12/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-12-2019: Dreadnought Resources Ltd. announces an Exploration/Drilling Update report for its Grants deposit at the Tarraji-Yampi project. Drilling results incl. 17.4m @ 0.7% Cu, 0.1g/t Au from 27.6m. Dreadnought Resources Limited (“Dreadnought”) is plea | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Oliver Judd (Internal) | |
| ABSTRACT: | Dreadnought Resources Limited (“Dreadnought”) is pleased to announce assay results from the WA Government Exploration Incentive Scheme (“EIS”) co-funded diamond drilling at the Grants Cu-Au Target in the West Kimberley. Narrow high-grade mineralisation was intersected in line with historic drilling in the 1950s. In addition, wider lower grade zones of mineralisation were confirmed between the high-grade lodes. Multi-element assays support the potential for Grants to be part of a wider IOCG system. Recently completed airborne magnetics and ground gravity surveys have identified Fuso and Paul’s Find as high priority coincident magnetic/gravity targets for drill testing in 2020. Dreadnought Managing Director, Dean Tuck, commented “Dreadnought’s drill and geophysical programs at and around Grants, have confirmed the presence of IOCG copper mineralisation and the potential for a wider IOCG system. This drilling, coupled with recent field work including geophysical surveys, has highlighted that Grants may be a vector towards blind magnetic/gravity IOCG targets such as Fuso and Paul’s Find. Based on this work our priority drill targets for 2020 will include Fuso and Paul’s Find.” | |
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