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DREADNOUGHT RESOURCES LTD Regulatory Filings 2014

Dec 10, 2014

64785_rns_2014-12-10_b148091d-8bc4-4eb7-81a1-66b61e9e636f.pdf

Regulatory Filings

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Australian Securities Exchange Announcement

11 December 2014

ASX Market Announcements Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2000

Redback Prospect RC Drilling Completed

Tychean Resources Ltd (ASX: TYK) ( Tychean or Company ) is pleased to announce the completion of the current RC drilling programme at the Redback Prospect for a total of 23 holes for 3,526 metres (Table 1). The Redback Prospect is located within the Company’s wholly owned Spargoville Gold Project in the Eastern Goldfields of Western Australia (Figure 1).

The RC drilling was completed to infill and extend previously intersected high grade gold mineralisation at the Redback Prospect.

All results from this current drilling are expected to be received and reported by mid-January 2015.

Results from this current RC program will determine whether further drilling is required prior to the Company determining a maiden gold resource estimation for the Redback Prospect.

For further information please contact:

Mr. Joe Houldsworth Mr. Duncan Gordon
Managing Director Executive Director
Tychean Resources Ltd Adelaide Equity Partners Limited
M: 0487 924 326 M: 0404 006 444

Further information relating to Tychean Resources Ltd and its various exploration projects can be found at its website: www.tycheanresources.com

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Figure 1 – Spargoville Gold Project – Prospect Location Plan

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Figure 2 – Spargoville Gold Project – Redback Summary Drilling Plan

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Figure 3 – Spargoville Gold Project – Redback Longitudinal Project December 2014 showing drilling interpreted intersection points

Table 1: Drill Hole Collar Details – Redback RC Drilling December 2014

Hole ID Easting
(GDA)
Northing
(GDA)
RL (m) Azimuth Dip Total Depth
(m)
SPRC088 356470 6527290 340 90 -60 228
SPRC089 356460 6527310 340 90 -60 246
SPRC090 356450 6527330 340 90 -60 252
SPRC091 356470 6527330 340 90 -60 216
SPRC092 356580 6527170 340 90 -60 102
SPRC093 356540 6527170 340 90 -60 180
SPRC094 356530 6527200 340 90 -60 180
SPRC095 356550 6527330 340 90 -60 72
SPRC096 356550 6527350 340 90 -60 60
SPRC097 356530 6527350 340 90 -60 108
SPRC098 356510 6527350 340 90 -60 120
SPRC099 356490 6527310 340 90 -60 210
SPRC100 356520 6527290 340 90 -60 126
SPRC101 356500 6527290 340 90 -60 198
SPRC102 356560 6527270 340 90 -60 78
SPRC103 356540 6527270 340 90 -60 114
SPRC104 356520 6527270 340 90 -60 150
SPRC105 356500 6527270 340 90 -60 220
SPRC106 356560 6527250 340 90 -60 96
SPRC107 356540 6527250 340 90 -60 120
SPRC108 356535 6527215 340 90 -60 168
SPRC109 356565 6527185 340 90 -60 120
SPRC110 356545 6527185 340 90 -60 162

The information contained in this release that relates to exploration results, mineralisation and target generation is based on information compiled by Mr. Matthew Svensson, who is a Member of the Australasian Institute of Geologists (MAIG) and a full-time employee of the Company. Mr. Svensson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Svensson consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.

This announcement contains previously announced exploration results. The Company is not aware of any new information or data that materially affects the information included in the current market announcement.

28/07/2014 - Spargoville Air Core Resample Results 22/09/2014 - High Grade Single Metre Gold Results from Spargoville WA 05/12/2014 – Redback Prospect High Grade Gold Results