Dreadnought Resources’ (ASX: DRE) sampling during detailed mapping of Tiger has confirmed high-grade Cu-Zn-Ag-Au in multiple stacked sub-cropping gossanous horizons over ~150m of around the Mangaroon gold camp (100%), located in the Gascoyne Region of Western Australia.
“Identifying a potential high-grade VMS system at Tiger comes on the back of a competitive EIS grant and further underscores the potential of this area. Mapping, geochemical sampling and EM surveys are ongoing ahead of our planned 2024 drill programmes,” Managing Director, Dean Tuck, said.
Dreadnought’s nitial focus area is on a ~15km x 10km gold and VMS system which is situated over the Mangaroon Shear.
Numerous historical workings along the Mangaroon Shear Zone have only seen limited, shallow drilling along ~200m of strike near the Star of Mangaroon mine.
All historical workings and gold occurrences were discovered by pastoralists and prospectors over outcropping mineralisation. There has been minimal historical and modern exploration due to fractured, small-scale ownership. Large scale modern exploration is now being undertaken for the first time under Dreadnought’s consolidated ownership.
Five historical mines developed on outcropping mineralisation and dozens of gold occurrences along highly prospective structural corridors.
Dreadnought is deploying modern geochemical and geophysical techniques to explore for mineralisation under shallow cover.
Initial geochemical and geophysical surveys have generated new prospects with stronger and larger signatures than the historical mines, including the region’s largest high-grade producer at the Star of Mangaroon mine.