Dreadnought (ASX:DRE) embarks on Gascoyne-Yilgarn lithium camps mission

Dreadnought Resources has identified 16 camp size-scale lithium targets in Western Australia at its wholly owned Mangaroon project in the Gascoyne region and Central Yilgarn project.

The company’s camp-scale targets are up to 15 kilometres by 2km.

Dreadnought Managing Director Dean Tuck said the company was returning to its roots by undertaking generative exploration across its project portfolio.

“The first cab off the rank from the recently completed project-wide stream sediment surveys at Mangaroon and the ongoing review of Central Yilgarn has resulted in the identification of several camp scale potential LCT pegmatite swarms,” Tuck said.

“With the intense interest in both regions for lithium, Dreadnought views lithium-target definition work as a significant low-cost, high-value exploration priority.”

Tuck-tipped work at Mangaroon, then Central Yilgarn would add exciting catalysts to its discoveries.

Central Yilgarn LCT quest

Ten camp-sized lithium-cesium-tantalum targets were identified on greenstone belts at the company’s 1400 square kilometre Central Yilgarn project in WA’s Yilgarn region.

Of the ten, only the partially explored Peggy Sue target has been sampled for LCTs.

Peggy Sue had widespread tantalum of up to 528 parts per million Ta2O5, with fertile highly fractionated LCT pegmatites with minor outcropping lithium mineralisation – having a peak value of 0.4% LiO2.

The Central Yilgarn project is in a fertile district, 55km from high-profile projects such as Delta Lithium’s (ASX:DLI) Mt Ida lithium project, Wesfarmers (ASX:WES) and Ora Banda Mining’s Davyhurst gold resource, and Hancock Prospecting, Hawthorn Resources (ASX:HAW) and Legacy Iron Ore’s (ASX:LCY) Mt Bevan Li-Ta joint venture.

Explorer Dreadnought will hit the ground running at Central Yilgarn next month, with results expected in February 2024 and will determine future mapping and drill targets.

Mangaroon mission

The company has already started surface sampling and mapping of the targets at its 5,200 sqm-plus Mangaroon project.

Six camp scale Li-caesium-Ta-niobium-rubidium stream sediment anomalies have been identified, with none yet tested for LCTS.

The Gascoyne area project Mangaroon is about 45km from Delta’s Yinnetharra LCT project.

Results from Mangaroon are also expected in February 2024.

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