Dreadnought Resources Limited (ASX:DRE) has completed the first ever drill program at the Tiger Cu-Au-Zn-Ag VMS prospect, part of the Mangaroon Gold project in Western Australia. The program comprised 8 RC holes (1,456m) and has yielded significant mineralisation and identified 5 off-hole conductors with signatures consistent with massive sulphide mineralisation. The program is supported by co-funding from the WA Government's Exploration Incentive Scheme and a drill for equity agreement with Topdrill Pty Ltd.
Dreadnought's Managing Director, Dean Tuck, expressed satisfaction with the results, stating, 'Tiger is off to a roaring start with significant mineralisation and five off-hole conductors identified in the first ever drilling program. We look forward to returning to Tiger to test the off-hole conductors which have a geophysical signature consistent with massive sulphides. The lab is filling up with drill samples from our gold, niobium and base metal targets at Mangaroon and we look forward to announcing a steady stream of results over the coming months.'
The completion of the first ever drill program at the Tiger Cu-Au-Zn-Ag VMS prospect marks a significant milestone for Dreadnought Resources. The program has successfully identified significant mineralisation and 5 off-hole conductors with signatures consistent with massive sulphide mineralisation. The company is optimistic about the future outlook and anticipates a steady stream of results from their gold, niobium, and base metal targets at Mangaroon over the coming months. Supported by co-funding from the WA Government's Exploration Incentive Scheme and a drill for equity agreement with Topdrill Pty Ltd, Dreadnought Resources is well-positioned to continue its exploration and development activities at the Mangaroon Gold project.