| 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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