Dreadnought Resources (ASX:DRE) is planning follow-up drilling after identifying three ‘distinct’ gold-bearing trends at its Illaara Gold Project in Western Australia.
The drilling program covers around 500 holes over 35,000m, with the company having already received assays from the first 92 aircore holes.
From the initial assays, three gold-bearing trends emerged at the CRA Homestead target, each extending over 2km in strike, with silver, arsenic, bismuth, antimony, tellurium, and tungsten.
The central anomaly returned 30m @ 0.20 grams per tonne gold from 90m in hole ILAC061, approximately 800m along strike, from a previous intercept of 18m @ 0.20g/t gold from 114m in hole IRC006.
Managing Director Dean Tuck says with these results, the company’s first-pass, wide-spaced aircore drilling is “off to a fantastic start.”
“The CRA-Homestead anomaly has been extended to over 2km and remains open to the south where the rig is currently drilling,” Tuck says.
“Additionally, two other large-scale anomalies have also been identified, further highlighting the scale of the system.
“These are the sorts of programs that lead to major discoveries, and we look forward to following up on these gold trends imminently.”
Located approximately 190km from Kalgoorlie, the Illaara project spans roughly 800km2 and holds some of the most underexplored greenstone belts in Western Australia.
Dreadnought expects to complete the current aircore program this month (June 2026), with follow-up drilling commencing immediately upon completion.
Results from first-pass drilling at the Black Oak target are also expected this month, followed by an updated Metzke’s Find resource estimate in July or August 2026.
Dreadnought Resources is an exploration company with a portfolio of gold, critical, and base metals resources in west Australia.
Write to Paula Fabe at Mining.com.au
Images: Dreadnought Resources
