Further assays confirm Yin as significant REE discovery
Dreadnought Resources is pleased to announce that assays have continued to confirm thick, high-grade ironstones at Yin, within its 100% owned Mangaroon Project in the Gascoyne Region of Western Australia.
Assay results from 41 holes of 120 RC holes drilled along the first ~3kms of Yin have now been reported. The RC rig has moved on to the Sabre discovery where drilling is ongoing. The diamond rig continues to drill twin holes at Yin in preparation of an initial JORC Resource due in the December 2022 quarter.
Dreadnought’s Managing Director, Dean Tuck, commented: “Yin continues to deliver exceptional REE results that exceed expectations for the ironstones of the Gifford Creek Carbonatite Complex. We look forward to receiving the remaining assay results from the 120 RC holes drilled to date which will comprise our initial JORC resource at Yin. Importantly this initial JORC resource will only cover ~3km of the ~16km of strike of the Yin Trend. We are also excited to announce in a parallel announcement the discovery at Sabre (formally known as Y3) and look forward to drilling the C1-5 carbonatite targets.”