Dreadnought Resources Continues Drilling Western Australia Project; Shares Fall 5%

MT Newswires Live

10/07

Dreadnought Resources (ASX:DRE) said reverse circulation drilling is progressing at its Mangaroon Gold project in Western Australia, according to a Tuesday Australian bourse filing.

The company said that all samples from Steve's Reward prospect have been delivered to the lab for rush assay while drilling is underway at Cullen's Find, Midday Moon, and Midnight Star, the filing said. The rig will then move to Lesgo and test for extensions to the Star of Mangaroon open pit and near-term ounces at Pritchard's Well.

The company added that drilling is expected to take six weeks, with assays expected throughout October and November.

The company's shares fell almost 5% in recent Tuesday trade.

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The rig will then move to Lesgo and test for extensions to the Star of Mangaroon open pit and near-term ounces at Pritchard's Well.The company added that drilling is expected to take six weeks, with assays expected throughout October and November.The company's shares fell almost 5% in recent Tuesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}