Dreadnought Resources Limited (AU:DRE) has released an update.
Dreadnought Resources Limited is set to begin Phase 1 drilling at the Tarraji-Yampi site in Western Australia, targeting six priority copper-gold (Cu-Au) volcanogenic massive sulphide system locations following a detailed technical review. The exploration, benefiting from favorable weather conditions, is backed by a significant ‘drill for equity’ funding agreement covering half of the drilling costs up to $1 million. With drilling scheduled for early June 2024, the company capitalizes on the global push for decarbonization that is driving copper demand.
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