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- Dreadnought Resources (DRE) launches a diamond drilling program at the Yin rare earth discovery, within its Mangaroon project in the Gascoyne Region of Western Australia
- The program will begin with 19 holes drilled for roughly 1800 metres, with twinned quality assurance and additional metallurgical holes across both the oxide and fresh ironstones
- Following this, deep extensional holes will be drilled under the thickest ironstone intercepts to test the fresh ironstones at around 200 metres depth
- Dreadnought expects the program will take up to three months to complete, with results expected by November
- Dreadnought Resources last traded at 8 cents on August 9
Dreadnought Resources (DRE) has launched a diamond drilling program at the Yin rare earth discovery, within its Mangaroon project in the Gascoyne Region of Western Australia.
The program will begin with 19 holes drilled for roughly 1800 metres, with twinned quality assurance and additional metallurgical holes across both the oxide and fresh ironstones.
Following this, deep extensional holes will be drilled under the thickest ironstone intercepts to test the fresh ironstones at around 200 metres depth.
The company hopes this combination of drilling will improve its understanding of the deposit’s geology and give a further assessment of the metallurgical performance of the ironstones.
Dreadnought expects the program will take up to three months to complete, with results expected by November.
Managing Director Dean Tuck said producing diamond core is always an exciting development as exploration programs advance.
“We look forward to producing the core required to increase confidence in our JORC resource at Yin as well as providing additional samples for further metallurgical test work and extending the fresh ironstone at depth,” Dean Tuck said.
Meanwhile, infill reverse circulation drilling at Yin in nearing completion. The results from this drilling will support an initial JORC resource, which is scheduled to be released during the December 2022 quarter.
Dreadnought Resources last traded at 8 cents on August 9.
