Dreadnought Resources Encounters Thick High-Grade Gifford Creek Carbonatite Niobium Intercepts

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has added niobium to its suite of critical minerals following recent drilling at the company’s 100 per cent-owned Gifford Creek Carbonatite, part of its Mangaroon project in the Gascoyne Region of Western Australia.

Dreadnought Resources took receipt of assays for the first four holes of a 19 RC hole program undertaken at the Stinger niobium prospect that returned results including:

CBRC176
50 metres at 0.9 per cent niobium from 49m, including 20m at 1.3 per cent niobium from 56m;

CBRC174
38m at 0.5 per cent niobium from 58m, including 6m at 1.2 per cent niobium from 60m; and

CBRC175
66m at 0.4 per cent niobium from 52m, with 15m at 15 per cent phosphorus pentoxide (P2O5) from 103m.

“The Gifford Creek Carbonatite has produced some of WA’s best niobium intercepts outside the Arunta Province and this program has delivered our thickest and highest-grade intercept to date,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“These results support our staged approach to assessing the Gifford Creek Carbonatite and highlight the significant potential at Stinger to host high-grade mineralisation.

Next steps at Stinger include assessment of oxide mineralisation and identifying the fresh rock source of the niobium.

“We continue to see the potential for Mangaroon to evolve as a multi commodity critical metals hub within proximity to existing infrastructure with mutual benefit to pastoralists, existing ports and neighbouring projects.

“We look forward to receiving the remaining assays from this program and designing follow up programs after our gold and base metal drilling, which is currently underway.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE