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Dreadnought Resources Ltd.
Summary
| Project: | Illaara | |
|---|---|---|
| Deposit: | Metzke's Find | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/19/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-3-2020: Dreadnought Resources Ltd. announces an Exploration/Drilling Update report for its Metzke's Find deposit at the Illaara project. Drilling results incl. 2m @ 6.8g/t Au from 79m. Dreadnought Resources Limited (“Dreadnought”) is pleased to announc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Oliver Judd (Internal) | |
| ABSTRACT: | Dreadnought Resources Limited (“Dreadnought”) is pleased to announce the results of its maiden RC drilling program at Metzke’s Find, part of the Illaara Gold-VMS Project. Drilling was designed to target mineralised lodes along ~400m of strike and at depth under historic workings and shallow drilling. A fresh bedrock gold bearing lode was intersected on the southern-most two lines. Mineralisation was associated with quartz-sulphide veining and sericite-biotite alteration of the fresh bedrock within a shear zone and remains open to the south along strike and at depth. The recent results focus attention to the 200m of strike between the southern two drill traverses where the deeper mine workings precluded historical shallow oxide drill intercepts. These deeper workings are also concentrated near a 10-15° bend in the mineralised structure which could be controlling bedrock lode mineralisation (Figure 2). | |
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