Dreadnought Resources Confirms High-Grade Gold Potential at Mangaroon
Carol Forrest
Dreadnought Resources (ASX: DRE) has unveiled promising gold assay results from its Mangaroon Gold Project in Western Australia. The recent drilling highlighted robust potential for significant gold mineralisation, confirming both near-surface and deeper high-grade zones.
Key drill intercepts at Mangaroon include:
- 2 metres at 59.0 g/t gold from 16 metres depth
- 4 metres at 27.4 g/t gold from 80 metres
- 7 metres at 23.0 g/t gold from 53 metres
- 8 metres at 15.5 g/t gold from 89 metres
Managing Director Dean Tuck noted that these results significantly bolster Mangaroon's profile as an emerging gold camp. The ongoing drilling aims to expand the high-grade resource, with particular focus on the Star of Mangaroon and Popeye prospects. The company also plans to initiate gravity test work for potential onsite processing, further enhancing project economics.
Dreadnought anticipates further assays will confirm the continuity of these high-grade zones, supporting their strategy to commence open-pit mining in the near term.