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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