Dreadnought Resources Limited · ASX:DRE

Dreadnought Resources — Gold Coast Investment Showcase June 2022

17 slides from Dreadnought Resources's conference presentation, Jun 23, 2022

  1. Slide 1: Highly Active West Australian Mineral Explorer – Gold Coast Investment Showcase

    For personal use only HIGHLY ACTIVE WEST AUSTRALIAN MINERAL EXPLORER FOCUSED ON DISCOVERY GOLD COAST INVESTMENT SHOWCASE - JUNE 2022

  2. Slide 2: Disclaimer

    Disclaimer This presentation includes forward-looking statements. When used in this document, the words such as “could”, “plan”, “estimate”, Illaara Gold-VMS-Iron Ore Project For personal use only “expect”, “intend”, “may”, “potential”, “should”, and similar expressions are forward-looking statement

  3. Slide 3: Company Snapshot and Capital Structure

    Company Snapshot Capital Structure For personal use only ASX Code DRE 1. Discovery is the ultimate value creator in the resources industry Share Price (23/06/2022) $0.040 • Track record of delivering discoveries (Orion Cu-Ag-Au-Co, Shares on Issue 2,838.7M Mangaroon REEs, Illaara Au) Market Cap (dil

  4. Slide 4: Illaara Au-Cu-LCT-Iron Ore Project

    For personal use only Illaara Au-Cu-LCT-Iron Ore Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 4

  5. Slide 5: Illaara Update – ALS Parking Lot

    Illaara Update – ALS Parking Lot For personal use only Nelson VMS Samples Metzke’s Au Samples Spitfire Au and Iron Ore Samples *For illustrative purposes only, may not actually be where our samples are, but close. ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 5

  6. Slide 6: Mangaroon REE & Au; Mangaroon Ni-Cu-PGE (FQM JV)

    For personal use only Mangaroon REE & Au (100%) Mangaroon Ni-Cu-PGE (FQM JV) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 6

  7. Slide 7: Mangaroon Project

    Mangaroon Project Background For personal use only • 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 • 2021: Discovered outcropping high grade REEs • 2022: First drill holes inter

  8. Slide 8: Mangaroon REE

    Mangaroon REE  Scale • Six REE ironstones identified to For personal use only 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 co

  9. Slide 9: Mangaroon REE – Yin REE Ironstone First Holes

    Mangaroon REE Yin REE Ironstone – First holes For personal use only Preliminary pXRF Results* include: • YINRC001: 33m @ 2.5% TREO • YINRC003: 17m @ 2.2% TREO • YINRC005: 34m @ 2.9% TREO Next Steps: • Proper assays – at the lab now • Continued drilling • Resource studies *All samples preliminary pXR

  10. Slide 10: REE Drill Program

    REE Drill Program For personal use only 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 • EIS Co-funded 3. Infill REE ironstone resource dril

  11. Slide 11: Mangaroon Ni-Cu-PGE – FQM JV

    Mangaroon Ni-Cu-PGE – FQM JV For personal use only The Money Intrusion • 50km long, outcropping mafic / ultramafic intrusion with high tenor blebby Cu-Ni-PGE bearing sulphides MNRK0366: 0.4% Cu, 0.4% Ni, • ~1km long outcropping gossanous Ni- 0.03% Co, 0.3 g/t Pt-Pd-Au Cu-PGE horizon • 12 RC holes fo

  12. Slide 12: Tarraji-Yampi Ni-Cu-PGE & Gold Project

    For personal use only Tarraji-Yampi Ni-Cu-PGE & Gold Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 12

  13. Slide 13: Tarraji-Yampi

    For personal use only 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 •

  14. Slide 14: Orion Cu-Ag-Au-Co Discovery

    Orion Cu-Ag-Au-Co Discovery For personal use only ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 14

  15. Slide 15: Auger Results – Orion Trend

    Auger Results – Orion Trend Orion Orientation For personal use only 300x60m – 3,150ppm CuPbZnAs Targets Generated Ironclad: 1,150x150m – 2,145ppm CuPbZnAs • Major Structure, potential significant scale OR1: 300x150m – 1,040ppm CuPbZnAs • Same structure as Orion OR3: 650x100m – 1,230ppm CuPbZnAs • Co

  16. Slide 16: Target Testing

    Target Testing Target Generation Target Definition Target Evaluation Resource “Discovery” Orion Tarraji-Yampi Kimberley For personal use only 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 I

  17. Slide 17: Take Away Message

    Take Away Message  Strong news flow: Discovery, evaluation and For personal use only resource drilling focus for the next 12 months  Illaara: Consolidated 75km long underexplored greenstone belt with early exploration success  Drill program completed – assays pending  Ni and LCT target generatio

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