Dreadnought (ASX:DRE) on discovery journey at Tarraji-Yampi

Dreadnought Resources is to begin a pivotal high-impact 27-hole drilling program at its Tarraji-Yampi Project in the Kimberley Region of Western Australia. 

The team is in great spirits following its remarkable 500m deep x 350m wide Orion Cu-Ag-Au-Co massive sulphide discovery lying beneath just a meter of cover.

The discovery included 16 meters at 2.2% Cu, 38.7 g/t Ag, 6.6 g/t Au, and 0.40% Co from 77 meters.

Orion has discovered 13 look-alikes with similar signatures, 5 of which have known outcropping mineralisation, and 6 have highly conductive bodies.

Dreadnought Managing Director Dean Tuck said there are some “exciting mysteries” to uncover, with regular updates flowing for most of the final quarter.

“The long-anticipated drill program to follow up on the 2021 Orion Cu-Ag-Au-Co massive sulphide discovery is finally here,” Mr Tuck said.

“The intervening period has been used wisely to identify 13 Orion look-alike targets that are equal to or better than Orion at the same stage. These are all attractive drill targets that could lead to discoveries. 

“Any additional discoveries close to Orion would define a camp-scale copper opportunity at a time when copper demand is increasing on the back of electrification and decarbonisation. 

“This is a high-impact program at the project that Dreadnought was founded upon.”

DREDNOUGHT FPO [DRE]

Sector: Basic Materials

Industry: Other Industrial Metals & Mining

Employees:

Dreadnought Resources Limited explores for and develops mineral properties in Australia. The company explores for copper, nickel, gold, silver, cobalt, platinum group elements, rare earth elements, iron ore, and base metals. Its flagship project is the Tarraji-Yampi project covering an area of approximately 1,400 km2 located in West Kimberly. The company was formerly known as Tychean Resources Limited and changed its name to Dreadnought Resources Ltd in February 2019. Dreadnought Resources Limited was incorporated in 2006 and is based in Osborne Park, Australia.

DRE.AX

DREDNOUGHT FPO [DRE]

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