Dreadnought Commences RC and Diamond Drilling at Metzke's Find
Key points
- RC and diamond drilling program started at Metzke's Find
- Aims to add near-term production ounces
- Twinning RC holes for metallurgical test work
- Resource update expected after program completion
Full summary
Dreadnought Resources Ltd has initiated an RC and diamond drilling program at Metzke's Find, part of the Illaara Gold Project. The program, consisting of 23 RC holes and 15 diamond holes, aims to add ounces along strike and at depth, twin RC holes for metallurgical test work, and upgrade the high-grade resource. The current resource stands at 24,900 oz @ 5.2 g/t Au (84% Indicated). Upon completion, the resource will be updated and used for open-cut and underground mining studies. The drilling program is expected to take 3-4 weeks, with assays anticipated in September and October 2026.
Guidance
Resource update expected after drilling program completion
Outlook
Dreadnought aims to add ounces and upgrade the high-grade resource at Metzke's Find, advancing the project towards studies, approvals, and production.
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