Outstanding Gold Opportunities Along >10km Mangaroon Shear Zone (100%)
Dreadnought Resources Limited (“Dreadnought”) is pleased to announce results of a comprehensive gold review at Mangaroon (100%), located in the Gascoyne Region of
Western Australia.
Based on Dreadnought’s consolidated ownership, an extensive, first-ever review involving modern exploration techniques has been undertaken. The review successfully confirmed gold-in-soil and pathfinder anomalies at all historical workings and all along the targeted ~10km long Mangaroon Shear Zone. The review also successfully extended known mineralised structures under shallow cover and generated 7 new anomalies in areas with no known historical prospecting.
Dreadnought’s Managing Director, Dean Tuck, commented: “On the back of our first-ever consolidation of Mangaroon an extensive review has been successfully undertaken. Detailed magnetics and surface geochemical surveys have further enhanced our understandings of the controls on mineralisation and generated a number of highly prospective anomalies in structurally favourable positions. Importantly, this is just the tip of the iceberg with no modern exploration and drilling over only ~200m of the >10km of strike, the regional opportunity is substantial and will make for an exciting drill program in October 2023. Mangaroon truly is the project that keeps on giving and we look forward to advancing towards gold and base metals discoveries as our successful rare earth drilling concludes.”