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Dreadnought Resources Ltd.

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Summary

Project:

Illaara

Deposit:Metzke's Find
Location:Australia
Commodities:Gold
Date:7/13/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:13-7-2020: Dreadnought Resources Ltd. announces an Exploration/Drilling Update report for its Metzke's Find deposit at the Illaara project. Drilling results incl. 8m @ 8.0g/t Au from 84m. Dreadnought Resources Limited (“Dreadnought”)(ASX:DRE) is pleased t
Resources:x
CP/QP:[Overall Report] Dean Tuck (Internal)
ABSTRACT:Dreadnought Resources Limited (“Dreadnought”)(ASX:DRE) is pleased to announce the results of its follow up RC drill program (6 holes at an average depth of 95m) at Metzke’s Find, part of the Illaara Gold-VMS Project. Drilling tested a bend in the mineralised structure where it was interpreted that deeper historical mining may have rendered historical shallow drilling ineffective. A fresh bedrock gold bearing lode was intersected in all holes with high grade intercepts returned from four holes - two holes remain outstanding (Figure 1). The mineralised lode remains open along strike and at depth. Dreadnought Managing Director, Dean Tuck, commented: “Our most recent drill program at Metzke’s Find has produced significant results from the fresh bedrock lode under the historical workings

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