Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — RIU Sydney Resources Round-Up May 2022
16 slides from Dreadnought Resources's conference presentation, May 3, 2022
Slide 1: Highly Active West Australian Mineral Explorer Focused on Discovery
HIGHLY ACTIVE WEST AUSTRALIAN MINERAL EXPLORER FOCUSED ON DISCOVERY RIU SYDNEY RESOURCES ROUND -UP - MAY 2022
Slide 2: Disclaimer
Disclaimer This presentation includes forward-looking statements. When used in this document, the words such as “could”, “plan”, “estimate”, Refer to Dreadnought announcements for JORC Table 1 and Table 2 for results and information contained in this presentation. “expect”, “intend”, “may”, “potenti
Slide 3: Company Snapshot
Company Snapshot Capital Structure ASX Code DRE 1. Discovery is the ultimate value creator in the resources industry Share Price (2/05/2022) $0.044 • Track record of delivering discoveries (Orion Cu-Ag-Au-Co, Shares on Issue 2,837.2M Mangaroon REEs, Illaara Au) Market Cap (diluted) $128.3M • Multipl
Slide 4: Mangaroon REE & Au (100%) / Mangaroon Ni-Cu-PGE (FQM JV)
Mangaroon REE & Au (100%) Mangaroon Ni-Cu-PGE (FQM JV) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 4
Slide 5: Mangaroon Project
Mangaroon Project Background • Dreadnought has acquired a substantial ~4,500sqkm first mover land package in the Proterozoic aged Gascoyne mobile belt Rare Earths: Yin Camp, Carbonatites – 100% Owned • Discovered outcropping high grade REEs, Niobium, Zirconium and Phosphate within Ironstones and Car
Slide 6: Mangaroon Ni-Cu-PGE – FQM JV
Mangaroon Ni-Cu-PGE – FQM JV The Money Intrusion • 50km long, outcropping mafic / ultramafic intrusion with high tenor blebby Cu-Ni- PGE bearing sulphides • 1km long outcropping gossanous Ni-Cu- PGE horizon • 2 conductors defined • Next Steps: Is there a massive sulphide accumulation? May 2022: 9 ho
Slide 7: Mangaroon REE
Mangaroon REE ✓ Scale • Six REE ironstones identified to date over an area of ~10kms x 5kms • Carbonatites could be a game changer, evidence of fresh and residual REE mineralisation ✓ Grade • High grade rock chips, up to 39.7% TREO, with high NdPr to TREO ratios – high value concentrate • Recently i
Slide 8: REE Drill Program
REE Drill Program Discovery and resource focused drill program at the Yin REE Ironstones and the REE Carbonatites 1. REE ironstone discovery drilling: • 90 holes 9,600m 2. REE carbonatite discovery drilling • 86 holes 4,900m 3. Infill REE ironstone resource drilling • TBD • Commencing May/June 2022
Slide 9: Tarraji-Yampi Ni-Cu-PGE & Gold Project
Tarraji-Yampi Ni-Cu-PGE & Gold Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 9
Slide 10: Tarraji-Yampi
Tarraji-Yampi WMC’s David Barr (L) & Roy Woodall (R) at Tarraji 1950s ➢ Located just 80kms from the port of Derby and entirely within the Yampi Sound Training Area – Off limits to exploration since 1978 ➢ 1900-1970s: Historical exploration / mining on outcropping copper lodes • Grant’s Find, Wilson’
Slide 11: Orion Cu-Ag-Au-Co Discovery
Orion Cu-Ag-Au-Co Discovery ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 11
Slide 12: Auger Program
Auger Program Well developed, zoned, geochemical dispersion halo exists at Orion under shallow cover – major break though ➢ 2,400 auger sampling program • 200x40m first pass • 100x40m infill ➢ Underway • Results throughout June/July 2022 ➢ Results will help rank over a dozen existing targets WWW.DRE
Slide 13: Illaara Au-Cu-LCT-Iron Ore Project
Illaara Au-Cu-LCT-Iron Ore Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 13
Slide 14: Illaara Project Overview
Illaara Project Overview Background • Initially acquired from Newmont and through subsequent deals have consolidated ~70km strike of underexplored greenstone belt Copper-Lead-Zinc-Silver VMS – Nelson and Trafalgar • 8 conductors defined with coincident geochemical anomalies at Nelson and magnetic an
Slide 15: Target Testing
Target Testing Target Generation Target Definition Target Evaluation Resource “Discovery” Orion Tarraji-Yampi Kimberley Auger Program Grant’s Find Nickel Booka Mangaroon Money Intrusion (JV FQM) High Copper Range C1-5 Iron Ore Mangaroon Yin (100%) Y2/3 Gold Nelson Metzke Find Peggy Illaara Sue Trafa
Slide 16: Take Away Message
Take Away Message ➢ Strong news flow: Discovery and evaluation / resource drilling focus for the next 12 months ➢ Illaara: Consolidated 75km long underexplored greenstone belt with early exploration success ➢ Drill program nearly completed ➢ Mangaroon Ni-Cu-PGE JV (FQM): Outcropping NI-Cu-PGE minera
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