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Dreadnought Resources Ltd (ASX:DRE)

ALERT: Price-sensitive ASX Announcement for DRE
Current share price for DRE : $0.014 0 (0%)+
Announcement
Release
22 Jun 2026 8:15AM
Price at Release
$0.014
Full Release
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Summary
Dreadnought Resources Ltd has identified a significant >7 km gold anomaly at the Illaara Gold Project in the Yilgarn region of Western Australia. This anomaly was discovered through wide-spaced air core drilling, which is part of a larger ~500-hole drilling program designed to explore the Illaara structural zone's potential for large-scale gold deposits. The project has shown promising results, with multiple intercepts, including 21m @ 0.3 g/t Au from surface, within a corridor of strong orogenic gold pathfinder anomalism. This finding indicates the potential for a major gold discovery, prompting immediate plans for infill drilling at reduced spacing to further delineate the mineralized corridors. Illaara is one of the most underexplored greenstone belts in the Yilgarn Craton, providing a significant opportunity for discovery.
Key Points
  • Dreadnought Resources identified >7 km gold anomaly at Illaara.
  • Wide-spaced air core drilling part of ~500-hole program.
  • Significant intercepts include 21m @ 0.3 g/t Au from surface.
  • Strong orogenic gold pathfinder anomalism present.
  • Immediate plans for infill drilling to define mineralized corridors.
  • Illaara is one of the most underexplored greenstone belts in Yilgarn.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.