Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — Corporate Update (October 2020)
24 slides from Dreadnought Resources's corporate update, Oct 30, 2020
Slide 1: Quarterly Update October 2020
For personal use only HI G HLY A CT I V E W E S T A US T RA L I A N FO CUS E D G O L D A ND B A S E ME TA L E XP L O RE R Q UARTE RLY UP DATE O CTO BE R 2 0 2 0
Slide 2: Disclaimer
Disclaimer For personal use only This presentation includes forward-looking statements. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should”, and similar expressions are forward-looking statements. Although Dreadnought Resources
Slide 3: Company Snapshot
Company Snapshot Capital Structure For personal use only Illaara Gold-VMS-Iron Ore Project (100%) ASX Code DRE Consolidated 880km2 landholding covering 75 strike kms of the Illaara greenstone belt Share Price (30/10/2020) $0.025 Acquired from Newmont, limited gold and base metal exploration sinc
Slide 4: September 2020 Performance
September 2020 Performance For personal use only *1 $600k Convertible Note *2 *2 *2 ~$25k / month going forward *1 *1 *Values rounded ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 4
Slide 5: Strategy
Strategy For personal use only DELIVER SIGNIFICANT EFFECTIVE AND EFFICIENT STRONG COMMUNITY AND SHAREHOLDER RETURNS EXPLORATION STAKEHOLDER ENGAGEMENT • Discover economic gold and base • Low over-head, textbook exploration • Licence to operate underpins our metal deposits in Western Australia focuse
Slide 6: Yilgarn Gold-VMS Projects
For personal use only Yilgarn Gold-VMS Projects • Illaara • Rocky Dam ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 6
Slide 7: Yilgarn Projects
Yilgarn Projects For personal use only Illaara Gold – VMS – Iron Ore Project Initially acquired from Newmont and through subsequent deals have consolidated ~75km strike of underexplored greenstone belt First significant gold and base metal exploration since the 1980s and 1990s. Previously held b
Slide 8: Illaara Project Gold-VMS-Iron Ore Targets
Illaara Project Gold-VMS-Iron Ore Targets For personal use only Metzke’s Find Corridor (12km strike) • Significant historical workings, has not been drilled since the 1990s • High grade gold confirmed and currently being drilled at Metzke’s Find • Multiple drill targets recently defined within the c
Slide 9: Metzke's Find: Gold
Metzke’s Find: Gold For personal use only RC and Diamond Drilling to recommence in November 2020 *See ASX announcement 17 July 2020, 13 July 2020 and 19 March 2020 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 9
Slide 10: Metzke's South
For personal use only Metzke’s South Ultrafine soils have identified an ~1.2km long southern extension of the Metzke’s mineralised structure Additionally, an ~1.5km long gold-in-soil anomaly identified along a splay lode with associated pathfinder anomalism RC Drilling to commence in November
Slide 11: Metzke's Corridor: Gold
For personal use only Metzke’s Corridor: Gold 12km long gold corridor with classic orogenic gold pathfinder anomalism identified through wide spaced soil sampling No historical work along strike of Metzke’s Find Multiple discreet gold-in-soil anomalies • Longmore’s Find: High grade rock chips,
Slide 12: Longmore's Find
For personal use only Longmore’s Find The northern end of a ~2km long gold-in-soil anomaly which aligned up with the lost gold find by Captain Longmore’s expedition in 1923 Small surficial pits dug out by dry blowing, never drill tested First pass RC drilling confirmed high-grade mineralizatio
Slide 13: Black Oak
For personal use only Black Oak Strong ~1.5km long gold-in-soil anomaly which remains open along strike No historical drilling First pass RC drilling confirmed shallow oxide mineralization within a strongly sheared sediment and ultramafic package When combined with Longmore’s Find and Metzke
Slide 14: Regional Players
For personal use only Regional Players Active explorers and developers nearby: • ~40kms: Aurenne Group, Mt Ida • ~120kms: Ora Banda, Davyhurst • ~170kms: Middle Island, Sandstone Active Mills: • ~150kms: St Barbara, Gwalia • ~200kms: Zijin, Paddington • ~220kms: Goldfields, Agnew • ~220kms: Nort
Slide 15: Iron Ore
For personal use only Iron Ore Illaara Project contains significant iron ore potential which was briefly explored by Portman Iron and then Cleveland Cliffs from 2008-2013: • High iron and low phosphorus grades compared with regional players • Same geology as the high iron, low phosphorus Mt Richar
Slide 16: Kimberley Ni-Cu-Au Projects
For personal use only Kimberley Ni-Cu-Au Projects • Tarraji-Yampi • West Kimberley • South Kimberley ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 16
Slide 17: Rare Exploration Opportunity
Rare Exploration Opportunity For personal use only • Outcropping mineralisation • Off limits since 1978 • Multiple untested drill targets • Tier 1 jurisdiction – Western Australia 1956-1959: Last 1978-2013: YSTA significant mineral Defense Reserve exploration at Tarraji “off limits” to undertaken by
Slide 18: The West Kimberley
The West Kimberley For personal use only ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 18
Slide 19: Texas Ni-Cu-PGE Target
Texas Ni-Cu-PGE Target For personal use only Coincident shallow EM conductor and intense magnetic anomaly sitting within outcropping Ruins Dolerite Opportunity: High grade Ni-Cu-PGE massive sulphide – Diamond drilling planned for 2020 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 19
Slide 20: Fuso and Paul's Find Cu-Au Targets
Fuso and Paul’s Find Cu-Au Targets For personal use only Coincident strong magnetic and gravity anomalies sitting under cover adjacent to significant regional structures Paul’s Find Fuso Examples of coincident magnetic (top) and gravity (middle) and the resultant inversion modelled bodies (bottom) f
Slide 21: Chianti-Rufina: VMS Targets
Chianti-Rufina: 7 VMS Targets For personal use only Drill targets defined by FLEM anomalies with associated gossans and / or magnetic and surface geochemical anomalies CHDD001: 61.5-63.5m CHDD002: 117.8-119.8m Opportunity: Multiple high grade massive sulphide deposits – RC Drilling planned for 2020/
Slide 22: Mangaroon Ni-Cu-PGE and Au Project
For personal use only Mangaroon Ni-Cu-PGE and Au Project Coming Soon ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 22
Slide 23: Take Away Message
Take Away Message For personal use only Active explorer putting money in the ground and news flow into the market Kimberley: first mover with potential for major Cu, Au and Ni deposits Illaara: Consolidated 75km long underexplored greenstone belt with early exploration success Rocky Dam: Sha
Slide 24: The End
For personal use only THE END 5/16 NICHOLSON ROAD W W W. D R E A D N O U G H T R E S O U R C E S . C O M . A U SUBIACO WA 6018 INFO@DREADNOUGHTRESOURCES.COM.AU PO BOX 572 TELEPHONE: +61(0) 428 824 343 F L O R E AT W A 6 0 1 4 DRE.ASX
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