Slide 1: Highly Active West Australian Mineral Explorer Focused on Discovery
HIGHLY ACTIVE WEST AUSTRALIAN MINERAL EXPLORER FOCUSED ON DISCOVERY SEPTEMBER QUARTERLY PRESENTATION - OCTOBER 2021
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 Kimberley Ni-Cu-Au Projects (100%, E04/2315 80%) ASX Code DRE ➢ 2,660km2 land holding in the West Kimberley, 2nd largest land owner Share Price (27/10/2021) $0.039 behind IGO and ahead of Chalice Shares on Issue 2,831.9M ➢ Unexplored since 1978 with known outcroppi
Slide 4: June Quarter 2021 Performance
June Quarter 2021 Performance *1 $600k Convertible Note *2 *2 *2 ~$25k / month going forward *1 *1 *Values rounded Capital Purchases: 2 x light vehicles ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 4
Slide 5: Strategy and Performance
Strategy and Performance DELIVER SIGNIFICANT EFFECTIVE AND EFFICIENT STRONG COMMUNITY AND SHAREHOLDER RETURNS EXPLORATION STAKEHOLDER ENGAGEMENT • Increase value through advancing • >80% of funds go into the ground We strive to develop win-win relationships with exploration targets through discovery
Slide 6: 2021 Work Plan
2021 Work Plan Target Generation Target Definition Target Testing Target Evaluation Resource Nickel Tarraji- Paul’s Ironclad Wombarella Yampi Fuso Texas Orion Find Wilson’s Grant’s Kimberley Tarraji- Monarch Find Rough Chianti Orion Find Copper Yampi Triangle Eastern Defiance Black VMS Nelson Peggy
Slide 7: Tarraji-Yampi Ni-Cu-PGE & Gold Project
Tarraji-Yampi Ni-Cu-PGE & Gold Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 7
Slide 8: Rare Exploration Opportunity
Rare Exploration Opportunity • Outcropping mineralisation • Off limits since 1978 • First movers within the YSTA 1956-1959: Last 1978-2013: YSTA significant mineral Defense Reserve exploration at Tarraji “off limits” to undertaken by WMC mineral exploration ➢ Half of all mineral deposits in Australi
Slide 9: Tarraji-Yampi
Tarraji-Yampi ➢ Located just 80kms from the port of Derby and entirely within the Yampi Sound Training Area ➢ Abundant outcropping Cu-Au-Ag-Bi-Sb-Co mineralisation – vectors to mineralisation undercover • Grant’s Find – Discovered 1906 • Rough Triangle – Discovered 1958 (but was never assayed) ➢ Hun
Slide 10: Orion Cu-Ag-Au Target
Orion Cu-Ag-Au Target 12m of massive sulphide from the first hole drilled at Orion – multiple additional intercepts since ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 10
Slide 11: Grant's Find and Fuso Cu-Au-Co
Grant’s Find and Fuso Cu-Au-Co ➢ Grant’s Find • Outcropping breccia vein over 800m strike. • Best intercept to date – most northern drill hole. • 10m @ 2.3% Cu, 0.03% Co ➢ Fuso • Multiple strong magnetic anomalies, completely under shallow cover. • New magnetic data indicating we missed the target d
Slide 12: Rough Triangle: Cu-Ag-Bi-Sb
Rough Triangle: Cu-Ag-Bi-Sb ➢ 1.2km long outcropping vein of high-grade Cu-Ag-Bi-Sb mineralisation ➢ Significant rock chips include: • RT07: 20.4% Cu, 4.6% Sb, 0.9% Bi, 101g/t Ag • RT08: 8.1% Cu, 2.2% Sb, 0.3% Bi, 44.5g/t Ag • RT09: 18.9% Cu, 14.1% Sb, 1.6% Bi, 196g/t Ag • RT12: 18.5% Cu, 10.8% Sb,
Slide 13: Mangaroon Ni-Cu-PGE, REE & Au Project
Mangaroon Ni-Cu-PGE, REE & Au Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 13
Slide 14: 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 15: Mangaroon Project
Mangaroon Project ➢Rare Earths: Yin Camp – 100% Owned • Outcropping high-grade rare earth ironstones – similar to Yangibana • High NdPr to TREO ratio – high value product for permanent magnets • Mineralogy and metallurgic work confirms high grade concentrate product ➢Ni-Cu-PGE: The Money Intrusion –
Slide 16: Yin REE Ironstones
Yin REE Ironstones Next door to Yangibana – Hastings Technology Metals (HAS.ASX) Market Cap ~$500M Discovery and Resource drilling to commence March Quarter 2022 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 16
Slide 17: Yin REE Ironstones
Pr La Ce Yin REE Ironstones Nd ✓ Scale • Six REE ironstones identified to date with over an area of ~10kms x 5kms ✓ Grade • High grade rock chips with high NdPr to TREO ratios – high value concentrate Pr ✓ Mineralogy • Monazite – globally significant REE mineral with abundant processing Nd capacity
Slide 18: Mangaroon Ni-Cu-PGE
Mangaroon Ni-Cu-PGE ➢ 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 at Bookathanna Next Steps: Is there a massive sulphide accumulation? September – November 2021: Ground
Slide 19: Illaara Au-Cu-LCT-Iron Ore Project
Illaara Au-Cu-LCT-Iron Ore Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 19
Slide 20: Illaara Project
Illaara Project Illaara Au-Cu-LCT-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. ➢ Ac
Slide 21: Illaara Project Overview
Illaara Project Overview Lithium Caesium Tantalum Pegmatites – Peggy Sue • Outcropping fertile LCT pegmatite swarm over an area of 5km x 2kms with multiple clusters of high-grade tantalum (up to 529ppm Ta2O5) • Additional mapping and sampling over mineralised clusters to define drill targets for ear
Slide 22: Peggy Sue: LCT Pegmatite
Peggy Sue: LCT Pegmatite • ~200 Rock Chips of pegmatite swarm collected • Some large outcropping pegmatites 10-30m wide 300-500m long. • Early results showing very high Tantalum – fertile system. • Further mapping and sampling around clusters to determine zonation and fractionation trends to locate
Slide 23: Metzke's Find: High-grade Gold
Metzke’s Find: High-grade Gold Resource work underway – expected March 2022 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 23
Slide 24: Iron Ore
Iron Ore ➢ Illaara 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 Richardson development • Contains a
Slide 25: Take Away Message
Take Away Message ➢ Strong news flow: Discovery and evaluation / resource drilling focus for the next 12 months ➢ Metzke’s Find Gold: March 2022 ➢ Kings Iron Ore: June 2022 ➢ Yin REE: August 2022 ➢ Orion Cu-Ag-Au: December 2022 ➢ Kimberley and Mangaroon: first mover with potential for major Cu, Au,