Dreadnought Resources reports significant gold and silver mineralisation at Central Yilgarn project

Dreadnought Resources Limited (ASX: $DRE) has released the results from recent drilling at the 100% owned Central Yilgarn project in Western Australia. The assays from a 13-hole reconnaissance drill program have revealed anomalous gold mineralisation in all targets, with particularly encouraging results at the Chicken Little prospect, including shallow, high-grade gold and silver intercepts. The company's Managing Director, Dean Tuck, expressed satisfaction with the results, highlighting the potential for further work at the T6 camp scale prospect, which includes the Megatron and Snowflake targets.

Executive Commentary on Central Yilgarn Project Results

Results from Chicken Little have met and exceeded expectations, and has brought our attention back to the T6 camp scale prospect which also contains previous gold hits at Megatron and Snowflake which were not tested as part of this program. The other prospects will return to the drawing board to reassess controlling structures and any follow up targeting. Additionally, the possible komatiite-hosted nickel sulphide mineralisation at Leghorn will be technically reviewed to see if it warrants pursuit. The Yerilgee greenstone belt which contains Chicken Little, Megatron and Snowflake at the T6 camp scale prospect and the T8 and TLI camp scale prospects will be the focus of further work at Central Yilgarn in addition to any follow up work at Evanston and Illgara.

Summary of Central Yilgarn Project Announcement

The recent drilling at Central Yilgarn's Chicken Little prospect has delivered promising results, with shallow, high-grade gold and silver intercepts. The company plans to focus on the T6 camp scale prospect, including the Megatron and Snowflake targets, for further exploration. Additionally, the Leghorn prospect's potential komatiite-hosted nickel sulphide mineralisation will undergo technical review. The Yerilgee greenstone belt and the T8 and TLI camp scale prospects will also be the focus of future work at Central Yilgarn. The project's consolidation under one group's control presents a significant opportunity for further assessment and exploration of the highly prospective ground within the world-class Yilgarn Craton.