Dreadnought Resources Limited (AU:DRE) has released an update.
Dreadnought Resources Limited has initiated a roughly 15-hole, 1,800-meter reverse circulation drilling program at their fully owned Central Yilgarn project in Western Australia, targeting four promising gold prospects. The drilling is anticipated to uncover significant gold deposits, with results expected by June 2024, as previous explorations have identified notable gold mineralization. The company aims to leverage the current high gold prices and the project’s camp scale potential, amidst a global climate where gold is increasingly seen as a safe haven asset.
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