DRE.ASX: 12 Mineralised Corridors Identified and Growing

12 Mineralised Corridors Identified and Growing

Stock	Dreadnought Resources Ltd (DRE.ASX)
Release Time	20 Jul 2026, 8:24 a.m.
Price Sensitive	Yes

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Dreadnought Identifies 12 Mineralised Corridors at Illaara Gold Project

Key Points

Dreadnought completed first-pass air core drilling at Illaara
Identified 12 distinct mineralised corridors
Only 10% of the greenstone belt has been tested
Follow-up infill drilling planned for August 2026

Full Summary

Dreadnought Resources Ltd has completed the first-pass air core drilling program at the Illaara Gold Project in the Yilgarn region of Western Australia. The program, which tested around 10% of the greenstone belt, identified 12 distinct mineralised corridors ranging from 1.5 to 7 km in strike length. The corridors exhibit strong orogenic gold pathfinders, indicating significant potential. With only a fraction of the greenstone belt tested, Dreadnought plans to commence infill drilling in August 2026 to further define these mineralised structures. The company aims to narrow down the priority targets for potential gold discoveries.

Outlook

Dreadnought is optimistic about the potential for a major gold discovery at Illaara, given the scale of the underexplored greenstone belt and the promising initial results.