Slide 1: Finding the Metals for Our Future
For personal use only FINDING THE METALS FOR OUR FUTURE RIU EXPLORERS CONFERENCE FEBRUARY 2023
Slide 2: Disclaimer
This presentation has been prepared by Dreadnought Resources Limited (Dreadnought or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presenta
Slide 3: Company Snapshot
Company Snapshot For personal use only Capital Structure ~$4.8M invested by board and management ASX Code DRE Yin, Sabre, Y8 $0.16 REE Discoveries Share Price (15/02/2023) $0.091 >85% money in the ground Shares on Issue ~3,308M $0.14 ~1 ASX announcement / week Market Cap (diluted) $310.2M Cash (31/1
Slide 4: Mangaroon Project
Mangaroon Project For personal use only Opportunity: REE: Ironstones & Carbonatites (100%) • 25km to Hastings Yangibana REE Project, 29.9Mt @ 0.93% TREO (0.33% NdPr) • Ironstones: high-grade, high NdPr, similar to Hastings (~$400m) • Initial resource delivered 28 December 2022: 14.4Mt @ 1.13% TREO (
Slide 5: Yin Resource
Yin Resource ✓ Discovery to Resource 6 Months For personal use only ✓ High NdPr:TREO Ratios • Region contains the highest NdPr:TREO ratios in the world • 30-31% NdPr:TREO ratio ✓ Mineralogy Confirmed • Monazite – processing capacity with three plants to be built in WA • Bastnaesite – globally signif
Slide 6: Yin REE Complex
Yin REE Complex ✓ Large Scale Potential • 43kms of REE Ironstones For personal use only • Yin Resource is only ~7% of known strike • High NdPr:TREO ratios • High metallurgical recoveries ✓ High tonnage intensity • Regionally significant thicknesses • ~4.8 Mt / strike km at Yin • ~1.25 Mt / strike km
Slide 7: Significant Upside Potential – C1-C5
Significant Upside Potential – C1-C5 For personal use only • Drilling C1-C5 less than 50% Complete • 6 areas of mineralisation identified • Drilling to recommence in March/April 2023 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU WWW.DREADNOUGHTRESOURCES.COM.AU 7 7
Slide 8: Significant Upside Potential – C6
Mangaroon REE Significant Upside Potential – C6 For personal use only C1-5 Mick Well (KFM) C6 Yin Yang Mt Weld C6 C6 Magnetics C6 Gravity Government magnetics (low resolution) (high resolution) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU WWW.DREADNOUGHTRESOURCES.COM.AU 8
Slide 9: 2023: Delivering Resources and Discoveries
2023: Delivering Resources and Discoveries For personal use only Yin Sabre Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ironstones Framework Drilling Yin Upgrade Ironstone Extensions Ironstones Resource Drilling Carbonatite Exploration Drilling Carbonatite Framework Drilling Carbonatite Resource
Slide 10: For personal use only
For personal use only ASX:DRE WWW.DREADNOUGHTRESOURCES.COM 10
Slide 11: Dreadnought Project Portfolio
Dreadnought Project Portfolio For personal use only Mangaroon Au (100%) ➢ ~5,300km2 in the Gascoyne ➢ 2023: Generate and define Au targets ➢ 2023/2024: Deliver high grade Au discoveries Mangaroon Ni-Cu-Co-PGE (FQM earning up to 70%) ➢ ~1,100km2 in the Gascoyne ➢ FQM to spend $15M for 51% and 70% upo
Slide 12: Take Away Message
Take Away Message ➢ Strong news flow throughout 2023 ➢ For personal use only Average >1 ASX announcement / week ➢ Track record of delivering discoveries ➢ Yin REE ironstone ➢ C1-C5 REE carbonatites ➢ Sabre/Y8 REE ironstones ➢ Orion Cu-Ag-Au-Co massive sulphide ➢ Metzke’s and Longmore’s gold ➢ Four s