Dreadnought Resources Limited (ASX:DRE) has kicked off an RC drilling campaign at the Mangaroon project, located in the Gascoyne Region of Western Australia.
RC drilling is currently underway at Yin which will build upon the current Resource as well as testing the Exploration Target along strike.
A second RC rig and a diamond rig will commence in March 2023. The RC rig will focus on first pass, wide spaced drilling of the C1-C7 carbonatites. The diamond rig will provide ongoing support for Resource upgrades, metallurgical testwork and geotechnical studies. These systematic drill programmes have the potential to rapidly add significant Resources.
After an extremely successful 2022 drilling program, we are excited to be back on site for what will be a busy year for Dreadnought as we seek to make additional discoveries and to rapidly grow Resources,” Managing Director, Dean Tuck, said.
“After a short break, the team is ready to deliver on both the ironstones and carbonatites as we build the wider Gifford Creek Ferrocarbonatite Complex into a world class rare earth and critical metals region. We will have ongoing newsflow on our progress throughout 2023.”
The 2023 drilling campaign at Yin will be comprised of:
- First pass, wide spaced discovery drilling on the Exploration Target;
- Extensional drilling to grow the current Resource; and
- Infill drilling to deliver upgraded Resources from Inferred to Measured and/or Indicated.
A second RC rig and a diamond rig will commence in March 2023. The RC rig will focus on first pass, wide spaced drilling of the C1-C7 carbonatites to finish discovery drilling which was only partially completed in 2022. The diamond rig will provide ongoing support for Resource upgrades, metallurgical testwork and geotechnical studies.
