Dreadnought Resources (ASX: DRE) has added a seventh and final camp-scale prospect to its Mangaroon gold project in Western Australia following the completion of project-wide stream sediment sampling.
The High Range Northwest prospect was delineated by strong gold-in-stream-sediment anomalism with gold pathfinders situated within prospective lithostructural settings.
Dreadnought’s initial focus at Mangaroon is on the gold system situated over the shear zone between the crustal scale Minga Bar and Edmund Faults with multiple phases of intrusions.
The Star of Mangaroon is the only camp-scale prospect within the Mangaroon project with a history of gold production and targeted gold exploration.
Historical Gold System
The Mangaroon project covers approximately 5,000 square kilometres of land in the Gascoyne region.
It comprises the historical Mangaroon gold target, the Gifford Creek critical metals target, and the Money Intrusion nickel-copper-platinum group elements (PGE) joint venture earn-in with Teck Resources.
Target definition work over the coming months will see the collection of more than 5,000 samples from High Range Northwest, High Range North, High Range South, Bordah, Minga Bar, and Alma Intrusion and the confirmation of targets for drilling in the second half of this year.
Similar work completed in late 2025 extended the Steve’s Reward gold-in-soil anomaly within Bordah to approximately 4,000m x 1,000m and open along strike.
Minga Bar Drilling
Earlier this month, the company reported ++high-grade gold hits++ at three separate targets along the Minga Bar shear zone after first-pass drilling of 28 holes for a total 2,313m.
The work confirmed mineralisation across 7km of strike at Cullen’s Find, Midnight Star, and Midday Moon.
Best assays were 25m at 1 gram per tonne gold from 22m including 12m at 1.4g/t from 25m, and 2m at 4.4g/t gold from 81m including 1m at 8.7g/t from 81m.
Dreadnought is planning a maiden drilling program across all three targets in April, employing modern geochemical and geophysical techniques to explore for mineralisation under shallow cover in an effort to generate new prospects with stronger and larger signatures than the region’s historical mines.
The company’s strategy is to transform into a self-funded explorer with a high-grade open pit at the Star of Mangaroon, outsourcing funding, development, haulage, and processing to third parties.
