Additional Ironstones and Carbonatites Expanded at Mangaroon

News May 9, 2023

Dreadnought Resources is pleased to provide an update on drilling at the Yin Ironstone Complex and the C1-C6 carbonatites, part of the 100% owned Mangaroon project, located in the Gascoyne Region of Western Australia.

Wide spaced, first pass, RC drilling is testing the Yin Exploration Target. Drilling to date (122 holes for 14,766m) has confirmed shallow dipping ironstone mineralisation at Y2 in addition to the ~3kms of mineralisation along strike of the Yin Resource. Mineralisation has been confirmed by portable XRF (“pXRF”) with assays expected in the June 2023 quarter. Resource upgrades will be made in June 2023 and in the December 2023 quarter.

With three rigs turning, two rigs are doing first pass drilling over the Yin Exploration Target and on the carbonatites and the diamond rig producing samples for metallurgical test work and QAQC analysis. This drilling will be completed in June 2023 and will be followed by Resource drilling.

Dreadnought’s Managing Director, Dean Tuck, commented:

“Drilling continues across multiple fronts targeting Resource growth south of Yin, discovery drilling at Y2 and confirming the >800m extension to the C5 carbonatite. In addition, encouraging observations from the C6 carbonatite support either a Palabora style opportunity, or perhaps Ni-Cu-PGEs with drilling ongoing. With first pass drilling expected to be completed in June 2023, we remain on track for multiple Resource updates this year.”

Read more here.