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Dreadnought hits gold-in-soil anomalies over 20km at High Range
Dreadnought Resources defines multiple gold-in-soil anomalies over 20km strike at High Range within Mangaroon project. Next results due July 2026.
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Dreadnought Resources (ASX: DRE) reported multiple gold-in-soil anomalies over a 20-kilometre strike at the High Range area within its Mangaroon gold project in Western Australia's Gascoyne region.
Shares rose 7.14% to 1.5 cents, giving the company a market capitalisation of A$80.15 million.
The results came from infill soil sampling at High Range North and first-pass sampling at High Range Northwest. The anomalies line up with major structures interpreted from magnetic surveys, the company said.
“Making a large-scale gold discovery is a key pillar of our ‘Finding More Gold Faster Strategy’,” Managing Director Dean Tuck told shareholders. “These infill soil results from High Range North and first pass soil results from High Range Northwest have successfully defined multiple strong gold-in-soil anomalism over 20km strike. These anomalies are strongly correlated with major structures interpreted from the magnetics surveys.”