Dreadnought Resources (ASX:DRE) said an around 500 air core drill hole program for 35,000 meters helped identify 12 distinct gold-mineralized corridors at the Illaara project in Western Australia, according to a Monday Australian bourse filing.
A follow-up infill program is being planned to begin in August, which will seek to further define the mineralized structures.
Its shares fell 7% in recent trading on Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments