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

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has delivered an updated Mineral Resource Estimate (MRE) for the Yin REE Ironstone Complex thin the company’s 100 per cent-owned Mangaroon project in Western Australia.

Dreadnought Resources reported the Yin REE Ironstone Complex Resource to now stand at 29.98 million tonnes at 1.04 per cent total rare earth oxides (TREO), 87 per cent of which is in the high confidence Measured & Indicated categories delivered in only 18 months from discovery.

The company declared the updated MRE confirms the Mangaroon project as a, “globally significant critical minerals complex”, with a combined, high confidence Resource at Yin and the Gifford Creek Carbonatite of 40.82 million tonnes at 1.03 per cent TREO.

“Since drilling commenced in June 2022, Dreadnought has delivered another substantial increase in the initial Resource over just 4.6 kilometres of the Yin Ironstone Complex,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“The upgraded independent Resource confirms Yin as a high-grade and high Resource intensity deposit.

“Both material factors in a project’s economics.

“Yin continues to demonstrate one of the highest NdPr (neodymium-praseodymium):TREO ratios in the world.

“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 the regions potential in 2024.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

THE DRILL SERGEANT: There appears to be nothing ‘rare’ about the rare earth elements (REE) potential of the Yin Ironstone Complex within Dreadnought Resources’ (ASX: DRE) Mangaroon project in Western Australia.

Dreadnought Resources reported assays results for 59 holes of extensional and infill drilling at the Yin Ironstone Complex that encountered high-grade neodymium and praseodymium (NdPr), which the company declared to further demonstrate the “global significance” of the rare earths at Mangaroon.

The company said the recent infill drilling at Yin includes some of the thickest and highest-grade NdPr intercepts to date including:

YINRC289
36m at 2.75 per cent total rare earth oxide (TREO) (31 per cent NdPr:TREO) from 3m, including 12m at 6 per cent TREO (31 per cent NdPr:TREO) from 15m;

YINRC295
28m at 2.6 per cent TREO (31 per cent NdPr:TREO) from 10m, including 12m at 4.73 per cent TREO (31 per cent NdPr:TREO) from 18m; and

YINRC297
19m at 3.37 per cent TREO (30 per cent NdPr:TREO) from 30m, including 6m at 6.05 per cent TREO (31 per cent NdPr:TREO) from 36m.

“The high-grade NdPr or ‘payable’ results underscore the global significance of Yin,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“We are also seeing the effectiveness of Dreadnought’s regional geology model; the likely conversion of the large-scale Exploration Target; and the Resource intensity of Yin.

“The addition of high NdPr:TREO mineralisation north of the current Yin Resource remains highly encouraging as we look to include that material in our next Resource update.

“With Resource drilling nearly complete, we have returned to the C1-C5 carbonatites in search of further zones of high-grade rare earths and niobium and we look forward to additional discoveries within this highly prospective and fertile intrusive complex.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) released an initial Mineral Resource Estimate for the Metzke’s Find gold deposit within the company’s Central Yilgarn project located in the Yilgarn Craton of Western Australia.

Metzke’s Find is located around 200 kilometres from Kalgoorlie where gold was discovered and worked in the early 1900s.

Dreadnought acquired the project in 2020, since when it has completed RC and diamond drilling to delineate the Resource.

The drilling targeted historic workings and anomalous results from sparse historic drilling.

The MRE has come in at 68,400 tonnes at 6.8 grams per tonne gold for 14,900 ounces of gold.

This contains an Indicated Resource of 45,500 tonnes at 7.3g/t gold for 10,700 ounces and an Inferred Resources of 22,900 tonnes at 5.8g/t gold for 4,200 ounces of gold.

“The initial shallow and high-grade Resource over Metzke’s Find is a solid foundation for future discoveries and growth within the widely unexplored Central Yilgarn project,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“This represents the first ever Resource declared over any part of the Central Yilgarn project which covers four greenstone belts.

“We continue to view Central Yilgarn as having significant potential for gold and nickel which will be progressed in the background while we continue to focus on rare earths at Mangaroon.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) announced RC drilling has commenced at the company’s 100 per cent-owned Mangaroon project in the Gascoyne Region of Western Australia.

Dreadnought Resources is following up results achieved during 2022, from which it identified 43 kilometres of mineralised ironstones at Yin as well as REE-phosphorous pentoxide-titanium dioxide-scandium C1-C7 carbonatites.

In December 2022, Dreadnought reported an initial, independent, Inferred JORC Resource of 14.36 million tonnes at 1.13 per cent total rare earth oxides (TREO) over only 3km of the 43km of mineralised ironstones.

The company has RC drilling currently underway at Yin to build upon the current Resource as well as testing an Exploration Target along strike.

A second RC rig and a diamond rig will commence in March 2023.

The RC rig will focus on first pass, wide spaced drilling of the C1-C7 carbonatites.

The diamond rig will provide ongoing support for Resource upgrades, metallurgical testwork and geotechnical studies.

“After an extremely successful 2022 drilling program, we are excited to be back on site for what will be a busy year for Dreadnought as we seek to make additional discoveries and to rapidly grow Resources,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“After a short break, the team is ready to deliver on both the ironstones and carbonatites as we build the wider Gifford Creek Ferrocarbonatite Complex into a world class rare earth and critical metals region.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE