Dreadnought Assets Restricted (“Dreadnought”) is happy to announce outcomes from a diamond drilling program and down gap EM (“DHEM”) surveys at Tarraji-Yampi, positioned within the Kimberley Area of Western Australia.
HIGHLIGHTS
- Assays from a diamond drilling program (6 holes, 1,524.8m) at Tarraji-Yampi have been acquired. These holes had been designed to check 6 Cu-Au volcanogenic large sulphide (“VMS”) targets across the Orion deposit and to establish potential off-hole conductors.
- Important outcomes had been returned from the Orion, Orion Repeat, Orion Offset and OR1 targets:
Orion and Orion Repeat: KMDD001: 3m @ 4.5% Cu, 2.2g/t Au, 46.0 g/t Ag, 0.15% Co from 58.3m
And: 16m @ 0.7% Zn, 0.7% Pb, 12.7g/t Ag, 0.1g/t Au from 162m
Together with:2m @ 2.6% Zn, 1.1% Pb, 26.8g/t Ag, 0.1g/t Au from 173m
Orion Offset: KMDD004: 5m @ 0.4% Cu, 0.5 g/t Ag from 11m
And: 1m @ 1.3% Zn, 0.7% Pb, 32.2g/t Ag, 0.1g/t Au from 23m
And a 50,000S conductor spanning ~150m x 150m, positioned ~100m down dip
And: 2m @ 0.9% Zn, 0.2% Pb, 3.8g/t Ag from 106m
And a 15,000S conductor spanning ~90m x 140m positioned ~80m down dip
OR1: KMDD006: 6m @ 1.2% Cu, 0.08% Co from 27m
Together with: 2m @ 2.0% Cu, 0.19% Co from 28m
And a 24,300S conductor spanning ~80m x 200m, positioned ~180m down dip
- Moreover, a robust 14,500S off gap conductor spanning ~335m x 350m was outlined at OR2.
- Outcomes from the regional IP survey are anticipated in October 2024.
Dreadnought’s Managing Director, Dean Tuck, commented: “This drilling program was designed to establish new zones of mineralisation inside and across the identical feeder constructions as Orion to raised perceive the Cu-Au VMS system. This program has delivered 6 new zones of mineralisation and 4 off-hole conductors that warrant comply with up drilling. This can be a profitable end result for this system and validation of the VMS mannequin of mineralisation. As a part of this program, an EIS co-funded IP survey was undertaken to check the effectiveness of IP at figuring out Grant’s Discover model Epithermal / Mesothermal Cu-Au mineralisation. The numerous intersection of this model of mineralisation at OR1 underscores the significance of this work and we anticipate the outcomes of that survey in October 2024.”
Determine 1: Picture of the Topdrill diamond rig at Orion Repeat.
Technical Dialogue of Diamond Drilling
Within the Section 1 drill program (6 holes, 1,640m), 5 of the 6 targets had been positioned alongside the identical interpreted feeder construction because the Orion deposit and had been outlined by extremely conductive, magnetic anomalies related to elevated pathfinder geochemistry. These targets embrace the depth extension of Orion. The 6-hole Section 1 drill program targets are mentioned and summarised beneath.
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