Dreadnought Resources (ASX:DRE) is focused on delivering significant shareholder returns through the discovery of economic gold, copper and nickel deposits in the tier one jurisdiction of Western Australia.
Dreadnought will achieve these goals by:
- Identifying projects with significant unrealized potential
- Focusing our technical effort and financial investment to effectively and efficiently generate and drill exciting mineralised targets
- Maintaining low overheads and keeping the market well informed through continuous activity and news flow
Dreadnought currently has three core projects which include the Tarraji-Yampi Ni-Cu-Au Project, the Illaara Gold & VMS Project and the Mangaroon Ni-Cu-PGE & Au Project.
The Tarraji-Yampi Ni-Cu-Au Project is located 85kms from Derby and has been locked up as a Defence reserve since 1978. It presents a rare first mover opportunity with known outcropping mineralisation and historic workings from the early 1900s which have seen no modern exploration. Three styles of mineralisation occur at Tarraji-Yampi including: volcanogenic massive sulphide (“VMS”); Proterozoic Cu-Au (“IOCG”); and magmatic sulphide Ni-Cu-PGE.
The Illaara Gold & VMS Project is located 160km northwest of Kalgoorlie in the Yilgarn Craton. The project covers 75kms of strike along the Illaara Greenstone Belt and is prospective for typical Archean mesothermal lode gold deposits and Cu-Zn VMS mineralisation.
The Mangaroon Ni-Cu-PGE & Au Project is located 250kms southeast of Exmouth in the Gascoyne Region of Western Australia. Mangaroon is prospective for magmatic Ni-Cu-PGE mineralisation and high grade gold with evidence of both outcropping within the project area and virtually unexplored for the past 40 years.