Announcement Date: 2021-11-15
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Dreadnought Resources Ltd.
Project name: Tarraji-Yampi
Location: Australia
Commodities: Gold,Silver,Copper,Cobalt
Highlight: Drilling results incl. 16m @ 2.2% Cu, 38.7g/t Ag, 6.6g/t Au, 0.4% Co from 77m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Dreadnought Resources Limited (“Dreadnought”) is pleased to announce assay results from the first 6 mineralised follow-up holes drilled at Orion, part of the Tarraji-Yampi Project in the West Kimberley region of Western Australia. Drilling results have confirmed Orion as a high-grade copper (up to 7.4%), silver (up to 192.0g/t), gold (up to 34.2g/t) and cobalt (up to 1.66%) massive sulphide discovery with mineralisation commencing from just 1m under cover, extending to at least 240m along strike and 150m down dip. Orion remains open along strike and at depth. Geophysical modelling indicates the mineralised body could extend to at least 500m depth. Dreadnought’s Managing Director, Dean Tuck, commented: “With multiple thick, high-grade intercepts now confirmed we are delighted to declare Orion a high-grade Cu-Ag-Au-Co discovery occurring just 1m below surface. With 13 mineralised holes remaining to be assayed, including our deepest, and our oxide and supergene intercepts, we expect more high-grade intercepts to come.
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