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How Dreadnought Resources has confirmed new copper and nickel visuals in the Mangaroon Project? — ASX:DRE| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$DRE
How Dreadnought Resources has confirmed new copper and nickel visuals in the Mangaroon Project?
Dreadnought Resources has announced that further significant visual Ni-Cu sulphides have been intersected by RC drilling at the Bookathanna North prospect in the Mangaroon Ni-Cu-PGE Project, situated in the Gascoyne Region of Western Australia. The Mangaroon project is part of the Money Intrusion, where a total of 10 holes (1,074m) were drilled, with down hole EM (“DHEM”) scheduled to commence in September 2023. The first hole of the program at Bookathanna North targeted a 37,000S conductor plate and intersected around 14m of Ni-Cu sulphide mineralisation from 37m. Visual, thick Ni-Cu mineralisation has now been confirmed over 400m strike, which remains open in all directions.
Assays from the program are expected throughout September/October 2023, while DHEM results are anticipated in October 2023. Given the tenor, style, and thickness of mineralisation, the entire Money Intrusion will be reassessed, with work to include Induced Polarization (“IP”) surveys aimed at searching deeper for massive sulphides
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and trap sites. This and any future programs will be entirely financed by First Quantum Minerals and handled by Dreadnought. Managing Director Dean Tuck explained that the search for additional trap sites is crucial because the Money Intrusion can form high tenor massive sulphides.
Subsequently, geophysical techniques used to date may have missed substantial targets, indicating that massive sulphides are not necessary for high-grade mineralisation. Dreadnought looks forward to re-assessing the entire Money Intrusion, with follow-up drilling and geophysics at Bookathanna North in 2023.
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L
Lykeshares
146d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
146d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
177d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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