Announcement Date: 2023-03-13
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Dreadnought Resources Ltd.
Project name: Mangaroon
Location: Australia
Commodities: Rare Earth
Highlight: Drilling results incl. 47m at 0.70% RE from 126m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Dreadnought Resources Limited (“Dreadnought”) is pleased to announce assays from depth extensional drilling at Yin, part of the 100% owned Mangaroon project, located in the Gascoyne Region of Western Australia. The initial independent Yin Inferred Resource of 14.36Mt @ 1.13% TREO (ASX 28 Dec 2022) covers only 3km strike. In addition, ~2.1km of that strike was drilled to a depth of ~150m with 9 RC holes of deeper drilling over ~0.9km of strike occurring in November 2022 and yet to be included in the Resource. All 9 holes returned significant results with high-grade cores and high NdPr:TREO ratios up to 37%. These latest results are expected to extend the Yin Resource.
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