Dreadnought Resources Releases Initial, Independent REE-Nb-P-Ti-Sc Resource at C3

THE DRILL SERGEANT: Dreadnought Resources relieved market suspense by announcing an independent JORC Code 2012 Inferred Mineral Resource for the C3 carbonite within the Yin Ironstone Complex at the company’s Mangaroon project in Western Australia.

Dreadnought Resources discovered the C1-C5 carbonatites less than 12 months ago and has now released the Inferred Mineral Resource for C3 of 10.84 million tonnes at 1 per cent total rare earth oxides (TREO).

The resource contains a range of critical minerals including rare earths, niobium, phosphate, titanium and scandium (TREO, REE-Nb-P-Ti-Sc)

The initial C3 Resource covers an area of only approx. 600 metres by 550 metres.

Dreadnought declared that with the C1-C5 carbonatites now expanding under wide-spaced, first-pass drilling, it expects the Resource will grow substantially with future drilling.

“Since drilling commenced in June 2022, Dreadnought has delivered its third Resource for the Mangaroon project bringing the total resources to over 30 million tonnes with further Resource updates underway and significant exploration upside with first pass drilling still ongoing,”

“The delivery of the first Resource over the C1-5 Carbonatite Complex also marks the first polymetallic critical metal resource with significant niobium, phosphate, titanium, and scandium included within the Resource.

“Further work will seek to understand the economic potential of the project as we continue to highlight the critical metal endowment of the region.

“We are proud of how much has been achieved in such a short space of time and are looking forward to continuing to build on this later in 2023.”

 

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