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DREADNOUGHT RESOURCES LTD — Regulatory Filings 2021
Aug 26, 2021
64785_rns_2021-08-26_187cf783-9fd7-4e61-a91e-0f05e8e4f733.pdf
Regulatory Filings
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27 August 2021
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BONANZA GRADE Cu-Ag-Sb-Bi MINERALISATION AT ROUGH TRIANGLE – TARRAJI-YAMPI
HIGHLIGHTS
-
Follow up rock chip sampling from Rough Triangle and initial rock chips from several historically mapped outcropping lodes have returned bonanza grades of Cu, Ag, Sb and Bi associated with Au and Co. Significant results include:
-
83.7% Cu, 142g/t Ag
-
13.2% Cu, 197g/t Ag, 14.5% Sb, 1.6% Bi
-
2.4% Cu, 1.4 g/t Au, 0.2% Co, 5.0% Bi
-
45.6% Cu, 75g/t Ag, 0.1 g/t Au
-
21.3% Cu, 291g/t Ag, 15.0% Sb, 3.1% Bi
-
17.9% Cu, 272g/t Ag, 8.8% Sb, 1.9% Bi
-
Six major lode systems sampled to date, being less than half of the known outcropping lodes.
-
Surface sampling, combined with recent drill results from Orion, Fuso and Grant’s Find indicate a related, large scale, Cu-Au-Ag-Bi-Sb-Co system at Tarraji-Yampi.
Dreadnought Resources Limited (“ Dreadnought ”) is pleased to announce results of recent rock chip sampling and mapping across several outcropping lodes, including Rough Triangle, part of the Tarraji-Yampi Project located on Dambimangari Land in the West Kimberley region of Western Australia.
Follow up sampling was undertaken along the 1.2 km long Rough Triangle lode and initial rock chip sampling was undertaken at several historical prospects including Ironclad and Wilson’s Reward. The historical prospects were identified either through mapping in the 1950’s by Western Mining Corporation (“ WMC ”) or from historical tenement maps going back to the early 1900’s. There are no records of any sampling results from these prospects, and more than half of the known outcropping lodes remain to be sampled.
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These prospects were sampled by Dreadnought as part of a project wide reconnaissance program assessing historically mapped mineralisation and more recently generated anomalies. The results of this sampling have confirmed high tenor polymetallic mineralisation, including critical minerals Antinomy (Sb) and Bismuth (Bi), in addition to Copper (Cu), Gold (Au) and Silver (Ag) across multiple prospects.
Systematic sampling and mapping of the outcropping lodes will continue in September 2021 with assays expected in December 2021.
Dreadnought’s Managing Director, Dean Tuck, commented: “With less than half of the known lodes sampled to date, we are continuing to identify high tenor Cu-Au-Ag-Bi-Sb-Co mineralisation across Tarraji-Yampi. As we continue to sample these systems, a geochemical pattern is developing which may allow us to vector in towards larger, undercover mineralisation like we have recently seen at Orion. We will continue to assess additional targets while undertaking our drilling programs at Orion, Fuso and Grant’s Find.”
Figure 1: Massive cuprite (Cu2O) with minor tenorite (CuO) and a rind of mixed blue green copper carbonates and silicates grading 83.7% Cu and 142 g/t Ag from Rough Triangle.
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au [email protected] +61 (0) 428 824 343
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Rough Triangle (E04/2315: 80%)
The Rough Triangle lode was identified and mapped by WMC in 1958. Described as a major line of lode hosted within intensely bleached and silicified sediments. The lode was mapped continuously over 1,280m and ranged in thickness from 1m to 5m with copper mineralisation evident throughout the lode. In addition to the main lode, parallel lodes were observed running >300m in length before going under cover. The Rough Triangle lode was never sampled by WMC.
Systematic sampling over the entire length of the lode has defined ~600m of high-grade Cu-Ag-Sb-Bi core with associated Au and Co. (Table 1). Significant results include:
-
83.7% Cu, 142g/t Ag
-
13.2% Cu, 197g/t Ag, 14.5% Sb, 1.6% Bi
-
45.6% Cu, 75g/t Ag, 0.1 g/t Au
-
21.3% Cu, 291g/t Ag, 15.0% Sb, 3.1% Bi
-
17.0% Cu, 118g/t Ag, 4.3% Sb, 0.9% Bi • 11.8% Cu, 154g/t Ag, 10.6% Sb, 0.9% Bi
Environmental surveys have been completed and heritage surveys are planned for later in 2021 with Rough Triangle to be drilled early in the 2022 field season.
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Figure 2: Map showing the results of rock chips over the mapped Rough Triangle lode (red line).
www.dreadnoughtresources.com.au [email protected]
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
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Regional Sampling of Lodes (E04/2315: 80%)
The outcropping lodes at Tarraji-Yampi were discovered and mined on a small scale during 1906-1909. The only other work was undertaken by WMC during 1956-1959 before the ground became a Defence Reserve in 1978. As a result, there is only limited historical assay data from Grant’s Find, Wilson’s Reward, Ironclad and Monarch, three of the dozens of known and mapped outcropping lodes.
Given the success of initial sampling at Rough Triangle, a regional sampling program has commenced over the remaining outcropping lodes. Recent sampling has systematically covered off on Rough Triangle and undertaken first pass sampling at a number of other lodes including Wilson’s Reward, Ironclad and Monarch. To date, still less than half of the outcropping lodes have been sampled with significant results already returned from Ironclad.
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Figure 3: Map showing the location of rock chips and known outcropping lodes highlighting new prospects.
www.dreadnoughtresources.com.au [email protected]
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
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Ironclad (E04/2315: 80%)
During 1907-1909, the Oobagooma Copper Syndicate explored Ironclad for copper. No further exploration has been undertaken at Ironclad in over 100 years.
Recent mapping and sampling at Ironclad identified a major N-S lode structure with high grade mineralisation and several splays displaying weaker mineralisation. The main N-S lode at Ironclad is ~1m wide, where outcropping, with significant sections going undercover. The lode likely continues undercover to the north and south beyond the current sampling. Significant results from Ironclad include:
-
2.4% Cu, 5.0% Bi, 1.4 g/t Au, 0.2% Co
-
14.1% Cu, 0.1% Sb, 1.1g/t Au, 0.1% Co
-
28.3% Cu, 15.3g/t Ag, 0.7 g/t Au
-
17.9% Cu, 4.3g/t Ag, 0.4 g/t Au
Further work will consist of mapping and sampling along the main N-S trend to have drill targets ready for the 2022 field season.
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Figure 4: Map showing the location of rock chips, mapped lode (red line) and possible lode extensions
(dashed red line) at Ironclad.
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au [email protected]
+61 (0) 428 824 343
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Ongoing and Upcoming Work Programs at Tarraji-Yampi:
Completed: Diamond drilling at Texas.
Completed: Target definition work across Tarraji and Yampi.
Completed: RC Drilling at Chianti-Rufina, Fuso, Paul’s Find, Grant’s Find and Orion.
Completed: Additional FLEM surveys at northern portion of Orion followed by down hole EM surveys.
Completed: Detailed airborne magnetic survey over Yampi and Wombarella.
Commenced: Interpretation of airborne magnetic surveys at Yampi and Wombarella.
Mid-Late September: Recommencement of RC Drilling at Orion, Fuso and Grant’s Find.
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Figure 5: Plan view of Tarraji-Yampi showing the location of prospects in relation to solid geology.
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au
+61 (0) 428 824 343
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Background on Tarraji-Yampi
Tarraji-Yampi is located entirely within the Yampi Sound Training Area (“ YSTA ”), a Commonwealth owned Defence Reserve in the West Kimberley, ~80kms from the port of Derby. The YSTA is the second largest defence reserve in Australia after Woomera in South Australia and was off limits to mineral exploration from 1978 to 2013.
In 1906, Mr J.H. Grant, a mining engineer from Ballarat working with local prospector Mr. G.J. Poulton, reported the discovery of copper lodes in the Mt Nellie district and took out several mining leases for the Oobagooma Copper Syndicate. Small scale shafts were developed at Grant’s Find, Wilson’s Reward, Ironclad and Monarch.
Since the Oobagooma Copper Syndicate, the only significant exploration undertaken was by WMC in 1958 and Australian Consolidated Minerals in 1972, with both parties exploring for copper. Since opening for exploration in 2013, Dreadnought has secured the largest ground holding within the YSTA and developed strong working relationships with both the Department of Defence and the Dambimangari People.
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Figure 6: Dreadnought’s Nick Chapman sampling and mapping an outcropping copper lode at Ironclad, the first work undertaken at Ironclad since 1909.
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au [email protected]
+61 (0) 428 824 343
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Acknowledgements:
Dreadnought would like to acknowledge the continued support of the Dambimangari People, Department of Defence, Frontier Helicopters, Southern Geoscience Consultants, Hagstrom Drilling, Ausdrill, Golden Connection, Onshore Environmental and Derby Stock Supplies.
For further information please refer to previous ASX announcements:
- 6 July 2021 High-grade Cu-Ag-Sb-Bi Mineralisation at Rough Triangle – Tarraji-Yampi
UPCOMING NEWSFLOW
August/September: Results of REE floatation test work at Yin – Mangaroon
September: Results of drilling at Tarraji-Yampi (Texas, Orion Ni-Cu-PGE, Grant’s Find, Fuso and Paul’s Find Cu-Au and Chianti-Rufina VMS targets).
September: Results of DHEM and FLEM surveys from Orion and Chianti
September: Commencement of ground EM survey along the Money Intrusion at Mangaroon
9 September: Presenting at the New World Metals Conference in Perth
September: Commencement of detailed airborne magnetic and radiometric survey over Mangaroon
September: Results from additional mapping and surface sampling of REE targets at Mangaroon
September: Recommencement of RC drilling at Orion, Grant’s Find and Fuso – Tarraji-Yampi
~Ends~
For further information please contact:
Dean Tuck Jessamyn Lyons Managing Director Company Secretary Dreadnought Resources Limited Dreadnought Resources Limited E:[email protected] E:[email protected]
This announcement is authorised for release to the ASX by the Board of Dreadnought.
Competent Person’s Statement
The information in this announcement that relates to geology and exploration results and planning was compiled by Mr. Dean Tuck, who is a Member of the AIG, Managing Director, and shareholder of the Company. Mr. Tuck has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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. Tuck consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. The Company confirms that it is not aware of any new information or data that materially affects the information in the original reports, and that the forma and context in which the Competent Person’s findings are presented have not been materially modified from the original reports.
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au
+61 (0) 428 824 343
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INVESTMENT HIGHLIGHTS
Kimberley Ni-Cu-Au Projects
Dreadnought controls the second largest land holding in the highly prospective West Kimberley region of WA. The main project area, TarrajiYampi, is located only 85kms from Derby and has been locked up as a Defence Reserve since 1978.
Tarraji-Yampi presents a rare first mover opportunity with known outcropping mineralisation and historic workings from the early 1900’s which have seen no modern exploration.
Results to date indicate that there may be a related, large scale, Proterozoic Cu-Au-Ag-Bi-Sb-Co system at TarrajiYampi, similar to Cloncurry / Mt Isa in Queensland and Tennant Creek in the Northern Territory.
Illaara Gold, Base Metals, Critical Minerals & Iron Ore Project
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Illaara is located 190km northwest of Kalgoorlie in the Yilgarn Craton and covers 75kms of strike along the Illaara Greenstone Belt. Illaara is prospective for typical Archean mesothermal lode gold deposits, VMS base metals and critical metals including Lithium-Caesium-Tantalum.
Dreadnought has consolidated the Illaara Greenstone Belt mainly through an acquisition from Newmont. Prior to Newmont, the Illaara Greenstone Belt was predominantly held by iron ore explorers and remains highly prospective for iron ore.
Mangaroon Ni-Cu-PGE, REE & Au Project
Mangaroon is a first mover opportunity covering ~4,500sq kms of tenure located 250kms south-east of Exmouth in the Gascoyne Region of WA. During the region’s early history, there was limited government support for exploration resulting in the region being vastly underexplored.
Since acquiring the project in late 2020, Dreadnought has located: outcropping high-grade gold bearing quartz veins along the Edmund and Minga Bar Faults; outcropping high tenor Ni-Cu-PGE blebby sulphides in the recently defined Money Intrusion; and outcropping high-grade REE ironstones, similar to those under development at the Yangibana REE Project.
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au [email protected]
+61 (0) 428 824 343
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Table 1: Significant Rock Chips (>1% Cu, Bi, Sb or > 1g/t Au or >0.1% Co) (location in GDA94 MGAz51)
| Sample ID Easting Northing Cu (%) Ag (g/t) Sb (%) Bi (%) Au (g/t) Co (%) |
Prospect |
|---|---|
| KMRK0001 8169631 625334 5.1 13.8 0.9 0.2 - - |
Rough Triangle |
| KMRK0002 8169630 625334 17.3 118.0 4.3 0.9 0.1 - |
|
| KMRK0003 8169621 625331 0.8 24.4 2.6 0.5 - - |
|
| KMRK0004 8169624 625333 11.5 72.5 4.3 0.9 - - |
|
| KMRK0005 8169617 625329 9.3 56.9 3.8 0.5 - - |
|
| KMRK0006 8169613 625331 12.1 120.0 7.3 0.8 0.1 - |
|
| KMRK0007 8169608 625330 13.2 197.0 14.5 1.6 0.1 - |
|
| KMRK0008 8169601 625327 2.5 5.9 0.2 1.2 - - |
|
| KMRK0009 8169606 625327 3.5 25.9 1.8 0.6 - - |
|
| KMRK0010 8169591 625323 21.3 291.0 14.9 3.1 0.2 - |
|
| KMRK0011 8169588 625325 17.9 272.0 8.8 1.9 0.1 - |
|
| KMRK0012 8169587 625317 10.4 27.4 1.9 0.3 - - |
|
| KMRK0013 8169583 625316 6.6 14.2 0.2 0.0 - - |
|
| KMRK0018 8169509 625300 11.4 32.0 3.4 0.4 - 0.1 |
|
| KMRK0019 8169506 625302 1.0 33.2 2.0 0.3 - - |
|
| KMRK0020 8169503 625301 8.4 86.9 7.5 0.4 - - |
|
| KMRK0021 8169501 625299 11.8 154.0 10.6 0.8 - - |
|
| KMRK0022 8169503 625293 9.8 51.2 3.4 0.2 - - |
|
| KMRK0024 8169499 625304 5.8 50.3 3.4 0.8 - - |
|
| KMRK0025 8169473 625294 16.5 95.4 5.7 0.7 0.1 - |
|
| KMRK0026 8169483 625294 8.2 48.9 4.4 0.2 - - |
|
| KMRK0027 8169461 625298 8.7 53.0 3.0 0.3 0.1 - |
|
| KMRK0029 8169417 625313 6.6 14.9 0.8 1.2 - - |
|
| KMRK0035 8169310 625343 1.9 1.6 - 0.1 - - |
|
| KMRK0036 8169309 625339 45.6 75.0 0.1 0.0 0.1 - |
|
| KMRK0037 8169300 625346 4.1 3.0 0.1 0.4 - - |
|
| KMRK0042 8169223 625362 0.3 0.1 0.1 0.0 - 0.2 |
|
| KMRK0043 8169202 625368 7.8 3.7 0.1 0.8 0.2 0.1 |
|
| KMRK0046 8169153 625376 13.5 3.4 - 0.5 - 0.1 |
|
| KMRK0048 8169273 625350 4.5 11.0 0.4 0.2 - - |
|
| KMRK0055 8169111 625390 1.8 0.8 - 0.1 0.1 - |
|
| KMRK0056 8169131 625386 0.8 2.8 0.1 1.0 0.1 - |
|
| KMRK0067 8168944 625420 0.9 0.1 0.1 0.1 0.4 0.1 |
|
| KMRK0075 8169011 625464 6.4 1.2 - 2.5 0.1 - |
|
| KMRK0077 8168732 625496 11.5 2.3 - 0.0 0.1 - |
|
| KMRK0078 8168734 625496 18.8 3.8 - 0.0 0.1 - |
|
| KMRK0080 8168646 625505 0.1 0.2 - 1.1 - - |
|
| KMRK0081 8168617 625486 3.8 0.4 - 0.0 0.1 - |
|
| KMRK0085 8168954 625415 2.0 0.4 - 0.0 0.3 0.1 |
|
| KMRK0094 8168930 625406 1.5 0.2 - 0.1 - - |
|
| KMRK0098 8168668 625488 - 0.5 - 1.4 - - |
|
| KMRK0100 8168602 625484 1.3 0.4 - 0.7 0.1 0.1 |
|
| KMRK0102 8168597 625484 1.8 1.2 0.1 3.6 0.2 0.1 |
|
| KMRK0105 8168623 625486 14.4 2.7 - 0.2 0.1 0.1 |
|
| RT01 8169295 625346 3.9 2.6 0.1 1.8 0.1 - |
|
| RT02 8169295 625346 16.3 12.5 0.1 0.0 0.1 0.1 |
|
| RT03 8169327 625339 3.1 1.2 - 0.5 - - |
|
| RT06 8169351 625329 3.8 4.2 0.1 0.7 0.1 - |
|
| RT07 8169471 625292 20.4 101.0 4.6 0.9 0.1 - |
|
| RT08 8169510 625299 8.1 44.5 2.2 0.3 - - |
www.dreadnoughtresources.com.au
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
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Table 1 cont.: Significant Rock Chips (>1% Cu, Bi, Sb or > 1g/t Au or >0.1% Co) (location in GDA94 MGAz51)
| Sample ID Easting Northing Cu (%) Ag (g/t) Sb (%) Bi (%) Au (g/t) Co (%) Prospect |
Sample ID Easting Northing Cu (%) Ag (g/t) Sb (%) Bi (%) Au (g/t) Co (%) Prospect |
|---|---|
| RT09 8169609 625324 18.9 196.0 14.1 1.6 0.1 - |
Rough Triangle |
| RT10 8169608 625332 3.3 58.2 3.5 0.6 - - |
|
| RT12 8169584 625310 18.5 291.0 10.8 1.9 0.1 - |
|
| RT13 8169151 625377 16.1 15.5 0.3 0.1 0.1 0.1 |
|
| RT16 8169105 625384 11.6 8.0 0.2 0.2 0.3 0.2 |
|
| RTC_01 8169309 625343 83.7 142.0 - - 0.1 0.0 |
|
| KMRK0121 8167161 626909 17.9 4.3 - - 0.4 0.1 |
Ironclad |
| KMRK0122 8167245 626905 2.2 0.9 - - 0.1 - |
|
| KMRK0124 8167324 626922 7.4 2.3 - - 1.3 0.0 |
|
| KMRK0125 8167331 626921 6.9 0.7 0.1 - 0.9 0.1 |
|
| KMRK0136 8167161 626907 8.5 8.5 - - 0.4 0.1 |
|
| KMRK0138 8167195 626900 0.9 10.9 0.2 2.1 0.4 0.1 |
|
| KMRK0139 8167214 626904 3.2 3.8 0.1 2.5 0.4 0.1 |
|
| KMRK0141 8167225 626907 1.2 1.6 - 0.4 0.1 - |
|
| KMRK0142 8167252 626909 1.0 1.5 - 0.4 0.1 - |
|
| KMRK0143 8167295 626921 14.1 6.9 - 0.1 1.1 0.0 |
|
| KMRK0144 8167306 626925 0.6 0.9 0.1 - 0.5 0.1 |
|
| KMRK0145 8167333 626924 6.8 1.6 - - 0.8 0.1 |
|
| KMRK0146 8167399 626957 28.3 15.3 - - 0.7 0.1 |
|
| KMRK0148 8167132 626901 1.6 0.7 - - 0.1 - |
|
| KMRK0149 8167363 626930 7.4 1.3 - - 0.3 0.1 |
|
| KMRK0150 8167410 626965 8.1 0.8 - - 1.1 - |
|
| KMRK0156 8167347 626802 2.4 4.3 0.1 5.3 1.4 0.2 |
|
| KMRK0164 8166409 627923 2.5 2.0 - - 0.1 - |
|
| KMRK0171 8166411 627927 11.9 9.1 - - 0.3 - |
|
| KMRK0194 8167422 626841 0.4 1.0 - - 1.5 - |
|
| KMRK0199 8166881 626660 7.8 1.6 - - 0.4 - |
|
| RTS01 8166874 626600 6.2 8.6 - - 0.7 - |
|
| RTS02 8166878 626661 4.2 1.8 - - 0.4 - |
|
| KMRK0109 8158273 629955 12.4 6.4 - - 0.6 - |
Monarch |
| KMRK0110 8158280 629963 6.1 1.5 - 0.1 0.4 - |
|
| KMRK0113 8158275 629960 10.5 6.2 - - 0.4 - |
|
| KMRK0129 8158288 629976 21.3 7.5 - - 1.1 - |
|
| MON01 8157421 629888 2.4 2.3 - - 0.1 - |
|
| MON03 8157649 629850 9.7 2.7 - - 0.2 - |
|
| MON04 8157649 629850 4.4 0.8 - - - - |
|
| MON08 8158281 629964 14.5 7.8 - - 0.9 - |
|
| MON09 8158281 629964 15.0 6.7 - 0.1 0.6 - |
|
| MON11 8158005 630283 4.8 4.4 - - 0.4 - |
|
| MON12 8158005 630283 9.3 10.0 - - 0.6 0.1 |
|
| MON13 8158005 630283 4.3 3.5 - - 0.4 - |
|
| MON14 8157950 630264 19.3 23.7 - - 0.6 - |
|
| MON15 8157950 630264 7.6 14.6 - - 0.3 - |
|
| KMRK0134 8164678 629689 3.0 0.5 - - - - |
Tarraji |
| TARR301 8164411 628821 14.4 3.5 - - 0.7 - |
|
| DM-22 8162598 629243 12.5 9.7 - - 0.5 - |
Tarraji South |
| TR03 8166409 627925 14.7 40.4 - - 0.3 0.2 |
Tarraji West |
| TR04 8166409 627925 5.6 2.9 - - 0.3 0.1 |
|
| TR05 8166409 627925 2.8 0.9 - - 0.1 0.1 |
Table 1 cont.: Significant Rock Chips (>1% Cu, Bi, Sb or > 1g/t Au or >0.1% Co) (location in GDA94 MGAz51)
www.dreadnoughtresources.com.au
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
==> picture [149 x 85] intentionally omitted <==
| Sample ID Easting Northing Cu (%) Ag (g/t) Sb (%) Bi (%) Au (g/t) Co (%) |
Prospect |
|---|---|
| TR07 8166409 627925 42.4 17.4 - - 0.3 0.2 |
Tarraji West |
| TR09 8166409 627925 2.6 3.1 - - 0.1 - |
|
| TR10 8166409 627925 4.1 3.0 - - 0.1 - |
|
| TR13 8166399 627913 2.8 1.0 - - 0.6 0.2 |
|
| TR19 8166409 627925 14.8 5.3 - - 0.7 0.2 |
|
| DM-26 8161736 629762 16.8 5.9 - - 0.5 0.1 |
Wilsons |
| DM-27 8161729 629771 2.6 0.9 - - 0.2 - |
|
| DM-28 8161726 629789 25.2 5.0 - - 0.5 - |
|
| WF01 8161414 629663 21.1 1.4 - - 1.3 - |
|
| WF02 8161414 629663 9.8 1.4 - - 0.7 - |
|
| WF03 8161410 629657 15.7 0.3 - - 0.9 - |
|
| WF04 8161410 629657 21.6 1.9 - - 0.5 - |
|
| WF05 8161387 629562 8.1 0.7 - - 0.7 - |
|
| WF10 8161823 629788 22.5 4.0 - - 0.7 - |
|
| WF13 8161705 629793 1.0 0.6 - - - - |
|
| WF25 8161685 629761 14.9 3.1 - - 2.1 - |
|
| WF27 8161693 629753 5.5 0.8 - - 0.7 - |
|
| WF30 8161695 629749 12.2 0.8 - - 0.2 - |
|
| WF31 8161697 629756 3.0 1.5 - - 0.2 - |
|
| WF34 8161656 629771 15.1 7.7 - - 1.0 - |
|
| WF36 8161528 629779 14.4 1.9 - - 0.9 - |
|
| WF37 8161528 629779 15.5 2.1 - - 0.5 - |
|
| WF38 8161528 629779 11.1 4.3 - - 0.4 - |
|
| WF42 8161526 629787 4.3 1.1 - - 0.2 - |
|
| WF43 8161523 629784 15.3 8.0 - - 1.4 - |
|
| WF47 8161522 629780 13.1 5.1 - - 1.1 - |
|
| WF51 8161525 629748 5.5 0.5 - - 0.6 - |
|
| WFB04 8161380 629574 2.5 0.5 - - 0.2 - |
|
| DM-02 8160685 625818 4.8 3.5 - - 0.1 0.1 |
Fuso |
JORC Code, 2012 Edition – Table 1 report template
Section 1 Sampling Techniques and Data
JORC TABLE 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Sampling techniques |
• Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement |
Rock Chips • Rock Chips were collected by Dreadnought staff and submitted for analysis. Rock chips are random, subject to bias and often unrepresentative for the typical widths required for economic consideration. They are by nature difficult to duplicate with any acceptable form of precision or accuracy. • Rock chips have been collected by Dreadnought to assist in characterising different lithologies, alterations and |
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au
+61 (0) 428 824 343
==> picture [149 x 85] intentionally omitted <==
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. |
expressions of mineralisation. In many instances, several rock chips were collected from a single location to assist with characterising and understanding the different lithologies, alterations and expressions of mineralisation present at the locality. • Rock chips were submitted to ALS Laboratories in Perth for determination of Au, Pt and Pd by PGM-ICP24 and multiple (48) elements by ME- MS61 |
|
| Drilling techniques |
• Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.). |
No drilling undertaken |
| Drill sample recovery |
• Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. |
No drilling undertaken |
| Logging | • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. • The total length and percentage of the relevant intersections logged. |
No drilling undertaken |
| Sub-sampling techniques and sample preparation |
• If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the |
Rock Chips Entire rock chips were submitted to the lab for sample prep and analysis. |
Dreadnought Resources Limited
www.dreadnoughtresources.com.au
Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
==> picture [149 x 85] intentionally omitted <==
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| grain size of the material being sampled. | ||
| Quality of assay data and laboratory tests |
• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. |
Rock Chips • All samples were submitted to ALS Laboratories in Perth where 1-3kg rock chips samples were crushed so that >70% of material passes through -6mm, the sample is then pulverised to >85% passing 75 micron. • A 50 gram aliquot was analysed for Au, Pt and Pd by Fire Assay and ICP-AES finish (ALS Code PGM-ICP24) • Fire Assay is considered a total digest for Au, Pt and Pd • A 0.25 grams aliquot was analysed for 48 elements by a four-acid digest and ICP-MS finish (ALS Code ME-MS61). • Four-acid digest is considered a “near-total” digest for most elements. • No standards, duplicates or blanks submitted with rock chips. |
| Verification of sampling and assaying |
• The verification of significant intersections by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • Discuss any adjustment to assay data. |
Rock Chips • Rock chip and geological information is written in field books and coordinates and track data saved from hand held GPSs used in the field. • Dreadnought geologists have inspected and logged all rock chips. • Field data is entered into excel spreadsheets to be loaded into a database. |
| Location of data points |
• Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. • Specification of the grid system used. • Quality and adequacy of topographic control. |
• All sample locations were recorded with a Garmin handheld GPS which has an accuracy of +/- 5m. • GDA94 MGAz51. |
| Data spacing and distribution |
• Data spacing for reporting of Exploration Results. • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. • Whether sample compositing has been applied. |
• Sample spacing and distribution is not sufficient to establish the degree of geological and grade continuity appropriate for a Mineral Resource. |
| Orientation of data in relation to geological structure |
• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. |
• Rock chip sampling by its nature is highly biased. • Samples are collected from the outcropping lodes which are striking ~N-S with a steep easterly dip with localised folding. • No drilling undertaken. |
| Sample security | • The measures taken to ensure sample security. |
• All geochemical samples were collected, bagged, and sealed by Dreadnought staff and delivered to ALS Laboratories in Kalgoorlie. • Samples were delivered directlyto ALS |
Dreadnought Resources Limited
www.dreadnoughtresources.com.au
Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Laboratories Perth by ALS. | ||
| Audits or reviews | • The results of any audits or reviews of sampling techniques and data. |
The program is continuously reviewed by senior company personnel. |
Section 2 Reporting of Exploration Results
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | JORC Code explanation | JORC Code explanation | JORC Code explanation | JORC Code explanation | Commentary | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mineral tenement | • | Type, | reference name/number, |
location and |
• | The Tarraji-Yampi Project consists of 5 | |||||
| and land tenure | ownership including agreements or | material issues | granted (E04/2315, E04/2508, |
||||||||
| status | with | third | parties such |
as |
joint | ventures, | E04/2572, E04/2557, E04/2608) |
||||
| partnerships, | overriding | royalties, | native title |
exploration Licenses. | |||||||
| interests, historical sites, wilderness or national park | • | The Tarraji tenement (E04/2315) is a | |||||||||
| and environmental settings. | 80/20 JV between IronRinger (Tarraji) | ||||||||||
| • | The security | of the tenure held | at the time of | Pty Ltd and Whitewater Resources Pty | |||||||
| reporting along with any known | impediments to | Ltd. | |||||||||
| obtaining a licence to operate in the | area. | • | The Yampi Tenements (E04/2508, | ||||||||
| E04/2572, E04/2557, E04/2608) are | |||||||||||
| 100% owned by Dreadnought |
|||||||||||
| Exploration Pty Ltd | |||||||||||
| • | Dreadnought Exploration Pty Ltd is a | ||||||||||
| wholly owned subsidiary of |
|||||||||||
| Dreadnought Resources Ltd. | |||||||||||
| • | E04/2315, E04/2508, E04/2572, |
||||||||||
| E04/2557 are located within the Yampi | |||||||||||
| Sound Training Area (YSTA) which is | |||||||||||
| freehold land owned by the |
|||||||||||
| Commonwealth Government and |
|||||||||||
| administered by the Department of | |||||||||||
| Defence. Being freehold |
|||||||||||
| Commonwealth Land, Native Title has | |||||||||||
| been extinguished but falls within | |||||||||||
| Dambimangari Land. | |||||||||||
| • | E04/2608 is partly located within the | ||||||||||
| YSTA and partly on Vacant Crown Land | |||||||||||
| which has Native Title claim by the | |||||||||||
| Warra Combined (NNTT Number 2901) | |||||||||||
| Exploration done | • | Acknowledgment and appraisal of | exploration by | • | Regional mapping, basic stream |
||||||
| by other parties | other | parties. | sediment, soil sampling and limited | ||||||||
| diamond drilling was completed by | |||||||||||
| WMC in the 1950s. | |||||||||||
| • | Shallow percussion and diamond |
||||||||||
| drilling was undertaken by ACM at | |||||||||||
| Chianti in the 1970s. | |||||||||||
| • | The YSTA was off limits to exploration | ||||||||||
| from 1978 until 2013. | |||||||||||
| Geology | • | Deposit type, | geological | setting | and | style of | • | The Tarraji-Yampi Project is located | |||
| mineralisation. | within the Hooper Complex which is a | ||||||||||
| Proterozoic Mobile Belt in the West | |||||||||||
| Kimberley. | |||||||||||
| • | The Hooper Complex has known | ||||||||||
| occurrences of Cu-Zn-Pb-Ag VMS | |||||||||||
| mineralisation within the Marboo |
Dreadnought Resources Limited
www.dreadnoughtresources.com.au
Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
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| Criteria | JORC Code explanation | Commentary | Commentary | Commentary | Commentary | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Formation, | magmatic | Ni-Cu-PGE | ||||||||
| mineralisation | in the Ruins | Dolerite and | ||||||||
| later | stage | Proterozoic |
Cu-Au | |||||||
| mineralisation | associated | with | ||||||||
| significant | structures and late-stage | |||||||||
| intrusions. | ||||||||||
| Drill hole | • | A summary of all information material to the | • | No drilling reported. | ||||||
| information | understanding of the exploration results including a | |||||||||
| tabulation of the following information for all Material | ||||||||||
| drill holes: | ||||||||||
oeasting and northing of the drill hole collar |
||||||||||
oelevation or RL (Reduced Level – elevation |
||||||||||
| above sea level in metres) of the drill hole collar | ||||||||||
odip and azimuth of the hole |
||||||||||
odown hole length and interception depth |
||||||||||
ohole length. |
||||||||||
| • | If the exclusion of this information is justified on the | |||||||||
| basis that the information is not Material and this | ||||||||||
| exclusion does not detract from the understanding of | ||||||||||
| the report, the Competent Person should clearly | ||||||||||
| explain why this is the case. | ||||||||||
| Data aggregation | • | In reporting Exploration Results, weighting |
• | No drilling reported. | ||||||
| methods | averaging techniques, maximum and/or minimum | |||||||||
| grade truncations (e.g. cutting of high grades) and | ||||||||||
| cut-off grades are usually Material and should be | ||||||||||
| stated. | ||||||||||
| • | Where aggregate intercepts incorporate short | |||||||||
| lengths of high grade results and longer lengths of | ||||||||||
| low grade results, the procedure used for such | ||||||||||
| aggregation should be stated and some typical | ||||||||||
| examples of such aggregations should be shown in | ||||||||||
| detail. | ||||||||||
| • | The assumptions used for any reporting of metal | |||||||||
| equivalent values should be clearly stated. | ||||||||||
| Relationship | • | These relationships are particularly important in the | • | No drilling was undertaken | ||||||
| between | reporting of Exploration Results. | |||||||||
| mineralisation | • | If the geometry of the mineralisation with respect to | ||||||||
| widths and | the drill hole angle is known, its nature should be | |||||||||
| intercept lengths | reported. | |||||||||
| • | If it is not known and only the down hole lengths are | |||||||||
| reported, there should be a clear statement to this | ||||||||||
| _effect(e.g. ‘down hole length, true width not known’). _ | ||||||||||
| Diagrams | • | Appropriate maps and sections (with scales) and | • | Refer to figures within this report. | ||||||
| tabulations of intercepts should be included for any | ||||||||||
| significant discovery being reported These should | ||||||||||
| include, but not be limited to a plan view of drill hole | ||||||||||
| collar locations and appropriate sectional views. | ||||||||||
| Balanced | • | Where comprehensive reporting of all Exploration | • | The accompanying document is a | ||||||
| reporting | Results is not practicable, representative reporting of | balanced | report | with | a | suitable | ||||
| both low and high grades and/or widths should be | cautionary | note. | ||||||||
| practiced to avoid misleading reporting of |
||||||||||
| Exploration Results. | ||||||||||
| Other substantive | • | Other exploration data, if meaningful and material, | • | WMC identified and mapped the Rough | ||||||
| exploration data | should be reported including (but not limited to): | Triangle Lode | in 1958. | |||||||
| geological observations; geophysical survey results; | ||||||||||
| geochemical survey results; bulk samples – size and | ||||||||||
| method of treatment; metallurgical test results; bulk | ||||||||||
| density, groundwater, geotechnical and rock |
||||||||||
| characteristics; potential deleterious or |
||||||||||
| contaminating substances. |
Dreadnought Resources Limited
www.dreadnoughtresources.com.au
Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
+61 (0) 428 824 343
==> picture [149 x 85] intentionally omitted <==
| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
| Further work | • | The nature and scale of planned further work (e.g. | • | Additional rock chip sampling, detailed |
| tests for lateral extensions or depth extensions or | mapping will be undertaken at |
|||
| large-scale step-out drilling). | additional outcropping lodes and |
|||
| • | Diagrams clearly highlighting the areas of possible | environmental and heritage surveys will | ||
| extensions, including the main geological |
be undertaken over the Rough Triangle | |||
| interpretations and future drilling areas, provided this | and others with an aim to drill in 2022. | |||
| information is not commercially sensitive. |
Dreadnought Resources Limited Suite 6, 16 Nicholson Road, Subiaco WA 6008 PO Box 1240, West Perth WA 6872
www.dreadnoughtresources.com.au
+61 (0) 428 824 343