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Transaction Announcement Reports
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Project: | Illaara | |
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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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