Dreadnought Resources Limited · ASX:DRE

Dreadnought Resources — New World Metals Conference 2022 - Perth

17 slides from Dreadnought Resources's conference presentation, Sep 8, 2022

  1. Slide 1: Finding the Metals for Our Future

    For personal use only FINDING THE METALS FOR OUR FUTURE NEW WORLD METALS CONFERENCE - PERTH 8 SEPTEMBER 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

    Company Snapshot Capital Structure Mangaroon REE & Au (100%) For personal use only ASX Code DRE  ~4,900km2 in the Gascoyne, WA  25km from Yangibana REE Ironstones Project (Hastings - $450m) Share Price (07/09/2022) $0.115  High-grade, high NdPr, large scale ironstones similar to Yangibana Shares

  4. Slide 4: Mangaroon REE & Au (100%) / Mangaroon Ni-Cu-PGE (FQM Earn-In)

    For personal use only Mangaroon REE & Au (100%) Mangaroon Ni-Cu-PGE (FQM Earn-In) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 4

  5. Slide 5: Mangaroon

    Mangaroon For personal use only Background • ~4,900km2 first mover land package in the Proterozoic aged Gascoyne mobile belt REE: Ironstones & Carbonatites (100%) • 25km to Hastings Yangibana REE Project, 27.4Mt @ 0.97% TREO (0.33% NdPr) • Ironstones: high-grade, high NdPr, similar to Hastings (~$55

  6. Slide 6: Mangaroon REE

    ASX.HAS Mangaroon REE Yangibana West *Over a decade of exploration  Large Scale • Outcropping ironstones confirmed: Yin, For personal use only Yangibana Sabre, Y8 – drilling underway Bald Hill • Carbonatites could be regional source of ironstones (including Yangibana) Yangibana South Simon’s Find C

  7. Slide 7: Mangaroon REE - Yin Ironstone - First Line

    Mangaroon REE Yin Ironstone – First Line For personal use only ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 7

  8. Slide 8: Mangaroon REE - Yin Ironstone - 3kms and Growing

    Mangaroon REE Yin Ironstone – 3kms and Growing For personal use only Multiple lodes: Thick intercepts over 3km of strike: • Will be targeted further in • Yin remains open in all directions and future drilling at depth, significant growth potential ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 8

  9. Slide 9: Mangaroon REE - Sabre Discovery (formerly Y3)

    Mangaroon REE Sabre Discovery (formerly Y3) For personal use only New discovery : • Y3 had very limited outcrop, requiring wide spaced fence line drilling to determine location and orientation of ironstone lodes • Parallel lodes intersected in wide spaced first pass drilling Underscores scale potent

  10. Slide 10: 2022 Drilling

    2022 Drilling For personal use only Discovery and JORC Resource drilling for 2022/2023 1. Ironstone discovery drilling: • Yin - Complete • Sabre – Underway • Y8 – September 2022 • Yin Extensions – 2022 2. Carbonatite discovery drilling • C1-C5 – September 2022 • EIS co-funded • C6, C7 – 2022/2023 3.

  11. Slide 11: Further Upside

    *Extent of previous map Yin Further Upside For personal use only 43,000-line km survey has identified over 140 anomalies identified to date Sabre • 40 anomalies inspected: New • 22 mineralised targets Targets • 3 undercover targets • 15 un-prospective • 100 targets to be inspected: • This work will

  12. Slide 12: Mangaroon Ni-Cu-PGE - FQM Earn-in

    Mangaroon Ni-Cu-PGE – FQM Earn-in For personal use only • 50km long, outcropping mafic/ultramafic intrusion with high tenor blebby Cu-Ni- PGE bearing sulphides • FQM to spend $12M to earn 51% and additional 19% upon a decision to mine • 2021: ~1km long outcropping MNRK0366: 0.4% Cu, 0.4% Ni, 0.03% C

  13. Slide 13: Tarraji-Yampi Cu-Ag-Au-Co, Ni-Cu-PGE

    For personal use only Tarraji-Yampi Cu-Ag-Au-Co, Ni-Cu-PGE ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 13

  14. Slide 14: Tarraji-Yampi

    Tarraji-Yampi WMC’s David Barr (L) & Roy For personal use only Woodall (R) at Tarraji 1950s  ~80kms from the port of Derby and entirely within the Yampi Sound Defence Training Area – off limits Orion Discovery 2022 to exploration since 1978  2019-2020: First boots on ground since 1978  Gold and c

  15. Slide 15: Auger Program

    Auger Program  Modern geochemistry + geophysics For personal use only  Filling the target pipeline  Six Orion look-a-likes  Some with gossans and EM conductors  New Gossans discovered at Thunderer  KMRK0289: 37% Cu, 163g/t Ag, 1.0g/t Au, 0.03% Co  KMRK0290: 39.4% Cu, 165g/t Ag, 1.6g/t Au, 0.0

  16. Slide 16: 2022 Catalysts - Driven by Discovery

    2022 Catalysts – Driven by Discovery Nelson Orion Sabre For personal use only Steady news flow from Mangaroon REE drilling – Ongoing • >4,000 samples pending assay • 25,000m of RC and diamond drilling at the ironstones & carbonatites • Additional metallurgical testing Additional REE discoveries – In

  17. Slide 17: Take Away Message

    Take Away Message  Strong news flow throughout 2022/2023 For personal use only  Mangaroon REE: high-grade, high NdPr, large scale: • Yangibana (Hastings ~$550m) type ironstones confirmed: Yin, Sabre – drilling underway • Mt Weld (Lynas ~$7,500m) and Mountain Pass (MP ~$8,500m) style carbonatites t

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