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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
13 Jul 2026 8:26AM
Price at Release
$0.014
Full Release
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Summary
Dreadnought Resources Ltd has commenced an RC and diamond drilling program at Metzke’s Find, part of the Illaara Gold Project in Western Australia. The program, consisting of 23 RC holes and 15 diamond holes, aims to enhance the current Resource of 24,900 ounces of gold at a grade of 5.2 g/t, which is 84% indicated. The drilling focuses on adding near-term production ounces by extending the Resource along strike and at depth, providing material for further metallurgical testing, and upgrading the Resource classification. The drilling is expected to be completed within 3-4 weeks, with assay results anticipated in September-October 2026. This initiative is part of Dreadnought's 'Finding More Gold Faster' strategy to increase production and advance towards mining studies and approvals.
Key Points
  • RC and diamond drilling commenced at Metzke’s Find.
  • Focus on adding near-term production ounces.
  • Current Resource: 24,900 oz @ 5.2 g/t Au, 84% Indicated.
  • Program includes 23 RC holes (2,080m) and 15 diamond holes (1,730m).
  • Aims to extend Resource along strike and at depth.
  • Drilling to take 3-4 weeks, results expected September-October 2026.
  • Part of 'Finding More Gold Faster' strategy.
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.