Dreadnought Resources Reports 'Exceptional' Metallurgical Test Results From Western Australia Project; Shares Rise 6%

MT Newswires Live

May 04

Dreadnought Resources (ASX:DRE) reported "exceptional" metallurgical test results from Metzke's Find, part of the Illaara gold project in Western Australia, according to a Monday Australian bourse filing.

The results confirm the extraction method to be used for the mineralization at Metzke's Find and provide input for a study, the company said.

The company said combined gravity and carbon-in-leach recoveries averaged about 99% from five composite samples representing various grades.

Dreadnought Resources' shares rose nearly 6% in recent trading on Monday.

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