Friday, November 8, 2024
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Dreadnought Resources: Receives additional gold results from Rocky Dam

  • Dreadnought Resources has received results from a recently completed reverse circulation drilling program at the Rocky Dam Gold-VMS Project in WA
  • The recently completed 10-hole program was undertaken at CRA-North with aims to follow-up on previous shallow oxide intercepts
  • Rocky Dam is located 45 kilometres east of Kalgoorlie in the Eastern Goldfield Superterrane of Western Australia
  • Results from this recent program peaked at 3.3 grams per tonne gold
  • Dreadnought will now increase its understanding of CRA-North before drilling begins in the December quarter
  • Despite the news, company shares have dropped 25 per cent and are trading for 1.2 cents each

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