Dreadnought Resources (ASX:DRE) thick near surface gold intercepts reinforce Mangaroon potential

Dreadnought Resources has released a set of encouraging first pass drilling results from Cullen’s Find within its Mangaroon Gold Project in the Gascoyne region of Western Australia, marking the thickest gold intercepts recorded at the target and signalling renewed momentum across a gold field that has seen limited modern exploration.

Highlights

• Program of 8 RC holes totalling 705 metres across three fence lines at Cullen’s Find.

• Seven of eight holes returned gold mineralisation with thick near surface intercepts.

• Best results include 17m at 1.1g/t Au from 23m including 10m at 1.4g/t Au from 25m, 6m at 0.7g/t Au from 3m, and 24m at 0.4g/t Au from surface including 3m at 2.2g/t Au from 9m.

• These are the thickest intercepts at the prospect to date.

• A diamond hole will twin CFRC001 to assist with structural orientation.

• Approximately 2,700 soil samples and 1m split assays due in December 2025.

Cullen’s Find sits along the western margin of the Minga Bar shear zone, where an eight hole RC program tested a 400 metre by 300 metre gold in soil anomaly.

Seven of the holes delivered mineralisation from a sheared sedimentary package within the Edmund Group.

The program represents the first drilling undertaken at the prospect since 1986, when a small shallow campaign recorded 3m at 6.5 g/t Au from 26m including 1m at 16.2 g/t Au from 28m.

In contrast with the narrow high grade vein style historically associated with the area, the most recent program has produced broad gold zones with continuous thickness.

Drilling intersected an upper sheared felsic and sedimentary unit before entering a 30 to 60 metre zone of intense shearing, quartz sulphide veining, alteration and elevated pathfinders within fine grained sediments including black shales.

These broad intercepts are the thickest recorded at Cullen’s Find and point to the potential for bulk gold mineralisation within the structural corridor.

Dreadnought Resources Managing Director, Dean Tuck, said that the results represent a meaningful advance for the prospect, noting

“Cullen’s Find has delivered some of the thickest gold intercepts to date. We believe that the mineralised structure continues to the north and south undercover with extensional RC drilling to be the focus for follow-up drilling.”

He added that the company will twin hole CFRC001 with a diamond hole to assist in understanding structural orientation and to inform follow up drill planning.

The current RC program forms part of a broader Mangaroon drilling effort that includes Star of Mangaroon, Pritchard’s Well, Steve’s Reward, Midday Moon and Midnight Star.

Assays remain pending for several areas and additional target generation work continues across prospects including Lesgo and Pritchard’s Well, while 1m split results are expected to provide refined grade definition within the broader mineralised intervals reported from composite sampling.

The December quarter is set to deliver a substantial volume of new data, including soil geochemical results, 1m split assays, and drill results from additional Mangaroon targets.

As Dreadnought progresses the first modern exploration across this historically fragmented field, the latest results at Cullen’s Find provide greater definition to a mineralised structure that appears to continue along strike under shallow cover.

These developments place the next round of drilling in a strong position to further test continuity and scale across the broader Minga Bar shear zone corridor.