en.Wedoany.com Reported - Dreadnought Resources Ltd has discovered three gold-bearing trends, each extending over two kilometers, through its initial air-core drilling program at the wholly-owned Illaara Gold Project in the Yilgarn region of Western Australia.
These results come from the first 92 holes of a planned 500-hole, 35,000-meter air-core drilling program targeting approximately 24 kilometers of strike along the Illaara structural corridor. Drilling has confirmed extensive gold anomalism at CRA Homestead, supported by strong orogenic gold pathfinder elements including silver, arsenic, bismuth, antimony, tellurium, and tungsten.
In the central anomaly zone, drill hole ILAC061 intersected 30 meters at 0.2 g/t gold from 90 meters depth. This result is located approximately 800 meters along strike from previous drill hole IRC006, which intersected 18 meters at 0.2 g/t gold from 114 meters depth. The CRA Homestead anomaly has now extended to over two kilometers and remains open to the south, with drilling ongoing. The target appears to become shallower and thicker to the south.
Managing Director Dean Tuck stated that the Illaara greenstone belt has long been controlled by iron ore producers and has never been systematically explored using air-core drilling, despite being adjacent to gold belts that have been mined for decades with multi-million-ounce resources. The initial wide-spaced air-core drilling has made an excellent start, with the CRA-Homestead anomaly extending to over two kilometers and remaining open to the south, where the drill rig is currently advancing. Additionally, two other large-scale anomalies have been identified, further highlighting the scale of the system. Tuck believes that projects of this nature often lead to significant discoveries, and the company looks forward to immediately following up on these gold trends. Major gold discoveries are a core pillar of its "Find Gold Faster" strategy, and the company anticipates a steady flow of news throughout the year.
Dreadnought plans to conduct follow-up drilling to tighten spacing to 25-50 meters, expected to commence immediately after the current program is completed in June 2026. Initial drilling results from the Black Oak target are also expected to be released in June. The Illaara project covers approximately 800 square kilometers with a strike length of 70 kilometers, located about 190 kilometers northwest of Kalgoorlie.
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