Dreadnought Hits 2km Gold Trends in Maiden Drilling at Illaara

Dreadnought Resources has identified three gold-bearing trends, each extending more than two kilometres, in the first 92 holes of a 35,000-metre air core campaign at its Illaara project in Western Australia.

The trends sit along the CRA Homestead anomaly, first picked up by CRA Exploration in the late 1980s. They carry strong orogenic gold pathfinders – silver, arsenic, bismuth, antimony, tellurium and tungsten – pointing to a large-scale system, the company said.

Best intercepts on the central anomaly include 30 metres at 0.2 grams per tonne gold from 90 metres. That hole sits 800 metres along strike from an earlier intercept of 18 metres at 0.2 g/t from 114 metres.

Illaara sits in one of the most underexplored greenstone belts in the Yilgarn Craton. It was previously under iron-ore producer control and has never seen systematic air core drilling, a cheap and fast method for covering large areas.

Dreadnought's current campaign calls for 500 holes spaced 200 metres apart on lines 400 metres apart. The goal is to test broad anomalism that could host a major gold discovery.

Managing director Dean Tuck said the early results exceeded expectations.