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FINWIRES

Dreadnought Resources Extends Anomalism at Western Australia Project; Shares Down 7%

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Dreadnought Resources (ASX:DRE) extended gold-in-soil anomalism at the Bordah prospect to over 10 kilometers in strike and up to two kilometers in width within the Mangaroon project in Western Australia, according to a Monday filing with the Australian bourse.

The company also found an intrusion-related gold-pathfinder-geophysical anomaly near a strong tungsten-in-soil anomaly, the filing said.

Detailed mapping and further surface sampling will be conducted at both targets ahead of discovery drilling between this year and early next year, the filing said.

Shares fell 7% in midday trade Monday.

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