Dreadnought Resources (ASX:DRE) said it started a reverse circulation drilling program of around 60 holes and around 4,900 meters at Metzke's Find, part of the Illaara gold project in Western Australia, according to a Tuesday Australian bourse filing.
The company plans to add ounces to the resource along strike and at shallow depth as well as to upgrade even more of the resource to the indicated category.
Dreadnought Resources' shares jumped nearly 5% in recent trading on Tuesday.
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