Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — RIU Resources Round-up Sydney 2021
19 slides from Dreadnought Resources's conference presentation, May 6, 2021
Slide 1: Highly Active West Australian Focused Gold and Base Metal Explorer
H IG H LY AC T IVE W EST AU ST R AL IAN F O C U SED G O L D AN D BASE M ETAL EXPL O R ER R I U R E S O U R C E S R O U N D U P S Y D N E Y M AY 2 0 2 1
Slide 2: Disclaimer
Disclaimer This presentation includes forward-looking statements. When used in this document, the words such as “could”, Refer to Dreadnought announcements for JORC Table 1 and Table 2 for results and information contained in this “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should”,
Slide 3: Company Snapshot
Company Snapshot Capital Structure Kimberley Projects (100%, E04/2315 80%) ASX Code DRE • 2,660km2 land holding in the West Kimberley, 2nd largest land owner behind IGO and ahead of Chalice Share Price (29/04/2021) $0.021 • Unexplored since 1978 with known outcropping Shares on Issue 2,441M minerali
Slide 4: Strategy and Performance
Strategy and Performance DELIVER SIGNIFICANT EFFECTIVE AND EFFICIENT STRONG COMMUNITY AND SHAREHOLDER RETURNS EXPLORATION STAKEHOLDER ENGAGEMENT • Increase value through • >80% of funds go into the We strive to develop win-win advancing exploration targets ground relationships with key stakeholders
Slide 5: 2021 Work Plan
2021 Work Plan Target Target Target Target Resource Generation Definition Testing Evaluation Western Bald Hill Black Oak VMS Longmore’s Spitfire Find Regional Illaara Eastern VMS Nelson Metzke’s Find Illaara Ni-Cu-PGE CRA Central Homestead Defiance Illaara Lawrence’s Corridor Cu-Zn-Pb Fuso Texas Tar
Slide 6: Tarraji-Yampi Ni-Cu-PGE & Au Project
Tarraji-Yampi Ni-Cu-PGE & Au Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 6
Slide 7: Rare Exploration Opportunity
Rare Exploration Opportunity • Outcropping mineralisation • Off limits since 1978 • First movers within the Yampi Sound Training Area • Multiple targets ready for drilling – May/June 2021 1956-1959: Last 1978-2013: YSTA significant mineral Defense Reserve exploration at Tarraji “off limits” to under
Slide 8: Tarraji-Yampi
Tarraji-Yampi • Located just 80kms from the port of Derby and entirely within the Yampi Sound Training Area – unexplored since 1978 • Multiple drill ready targets - drilling to commence May/June 2021 • Ni-Cu-PGE Targets: Texas and Orion • Multiple coincident magnetic and EM anomalies • Similar style
Slide 9: Texas and Orion Ni-Cu-PGE
Texas and Orion Ni-Cu-PGE Coincident EM conductors and intense magnetic anomalies sitting within outcropping Ruins Dolerite Opportunity: High grade Ni-Cu-PGE massive sulphide – RC and diamond drilling planned for May / June 2021 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 9
Slide 10: Fuso and Paul's Find Cu-Au
Fuso and Paul’s Find Cu-Au 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) from Brumby and Ernest Henry Pr
Slide 11: Chianti-Rufina: VMS Targets
Chianti-Rufina: 7 VMS Targets FLEM anomalies with associated gossans and / or magnetic and surface geochemical anomalies CHWR02 CHDD002: 117.8-119.8m Opportunity: Multiple high grade massive sulphide deposits, RC drilling planned for June 2021 (EIS co-funded) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU
Slide 12: Mangaroon Ni-Cu-PGE & Au Project
Mangaroon Ni-Cu-PGE & Au Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 12
Slide 13: Proterozoic Mobile Belts
Proterozoic Mobile Belts • Proterozoic mobile belts are attractive with the potential to host world class deposits across a range of commodities • Mangaroon compliments the Kimberley • Both have potential Tier 1 discoveries • Both have been historically underexplored despite outcropping mineralisati
Slide 14: Mangaroon Ni-Cu-PGE and Au Project
Mangaroon Ni-Cu-PGE and Au Project Ni-Cu-PGE: The Money Intrusion • 50km long, outcropping mafic/ultramafic intrusion with high tenor blebby Cu-Ni-PGE bearing sulphides • Detailed airborne magnetics and first pass soil survey underway Gold: Minga Bar and Edmund Faults • Known outcropping gold minera
Slide 15: Illaara Au-Cu-Fe Project
Illaara Au-Cu-Fe Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 15
Slide 16: Yilgarn Projects
Yilgarn Projects Illaara Au-Cu-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 by iron ore explorers. • Activ
Slide 17: Illaara Project
Illaara Project Metzke’s Corridor (12km strike) • Near surface high grade gold at Metzke’s and Lawrence’s Find – potential to host multiple high grade gold deposits. • MZRC016: 3m @ 21.0g/t Au from 85m • MZRC019: 2m @ 39.2g/t Au from 45m • MZRC017:. 7m @ 7.5g/t Au from 51m • MZRC022: 2m @ 20.7g/t Au
Slide 18: Iron Ore
Iron Ore • Significant iron ore potential: • High iron and low phosphorus grades compared with regional players • Same geology as the high iron, low phosphorus Mt Richardson development • Contains a ~75km long internal haul road • More advanced prospects include: • P-North: 29m @ 58.6% Fe, 8.3% SiO2
Slide 19: Take Away Message
Take Away Message • Strong news flow: >20 drill ready targets to be tested in 2021 • Kimberley and Mangaroon: first mover with potential for major Cu, Au and Ni deposits • Illaara: Consolidated 75km long underexplored greenstone belt with early exploration success • Experienced management team with
Dreadnought Resources — RIU Resources Round-up Sydney 2021 on 6ix