Dreadnought Resources Limited · ASX:DRE

Dreadnought Resources — Gold Coast Investment Showcase 2023

18 slides from Dreadnought Resources's conference presentation, Jun 21, 2023

  1. Slide 1: Finding the Metals for Our Future – Gold Coast Investment Showcase

    For personal use only FINDING THE METALS FOR OUR FUTURE GOLD COAST INVESTMENT SHOWCASE 21 JUNE 2023

  2. 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

  3. Slide 3: Company Snapshot and Capital Structure

    Company Snapshot Capital Structure Mangaroon REE & Au (100%) ASX Code DRE  ~5,300km2 in the Gascoyne For personal use only Share Price (20/06/2023) $0.055  Initial JORC Resource delivered over <10% of known REE ironstones  Six carbonatites to be tested for Mt Weld style (Lynas - $7,800m) Shares o

  4. Slide 4: Mangaroon Project

    Mangaroon Project Rare Earths: (100%) • Ironstones: high-grade, high NdPr, de-risked For personal use only metallurgy • Initial inferred Resource: 14.4Mt @ 1.13% TREO (30% NdPr:TREO) • Exploration Target: 50-100Mt @ 0.9-1.3% TREO • Carbonatites: possible Mt Weld style (Lynas), Mountain Pass (MP Mine

  5. Slide 5: Yin Resource

    Yin Resource  Discovery to Resource 6 Months • Covers less than 10% of ironstone trends identified to date For personal use only  High NdPr:TREO Ratios • Region contains the highest NdPr:TREO ratios in the world • 30-31% NdPr:TREO ratio • Thickest, highest-grade material in Gifford Creek Region, o

  6. Slide 6: Yin REE Complex

    Yin REE Complex  Building the Resource • Targeting 20-30Mt of Ironstone Resource  Ironstones to be prioritised For personal use only • Grade, Thickness, NdPr, Depth  Scoping Study Ready • 70% Indicated resource to support study work  Next Steps • Complete first pass drilling – June • Resource up

  7. Slide 7: Mangaroon Ni-Cu-PGE – FQM Earn-in

    Mangaroon Ni-Cu-PGE – FQM Earn-in • 50km long, outcropping mafic/ultramafic intrusion with high For personal use only tenor blebby Cu-Ni-PGE bearing sulphides MNRK0366: 0.4% Cu, 0.4% Ni, • FQM to spend a further $12M to earn 0.03% Co, 0.3 g/t Pt-Pd-Au 51% and additional 19% upon a decision to mine •

  8. Slide 8: Mangaroon Gold

    Mangaroon Gold For personal use only ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 8

  9. Slide 9: 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 9

  10. Slide 10: Tarraji-Yampi

    WMC’s David Barr (L) & Roy Tarraji-Yampi Woodall (R) at Tarraji 1950s Background • ~80kms from the port of Derby and entirely within the Yampi Sound Defence Training Area – off For personal use only limits to exploration since 1978 Copper Oxides at2021 Orion Discovery Rough Triangle • Significant po

  11. Slide 11: Orion Cu-Ag-Au-Co Discovery

    Orion Cu-Ag-Au-Co Discovery Textbook Exploration For personal use only  VTEM & magnetic anomaly in prospective unit – Ruins Dolerite  FLEM survey – Design hole, test plate. Discovery in First Drill Program  High-grade polymetallic massive sulphide • KMRC022: 16m @ 2.2% Cu, 38.7g/t Ag, 6.6g/t Au,

  12. Slide 12: Auger Program

    Auger Program  Modern geochemistry + geophysics • Filling the target pipeline For personal use only  Fourteen 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

  13. Slide 13: Discovery Drilling 2023

    WMC’s David Barr (L) & Roy Discovery Drilling 2023 Woodall (R) at Tarraji 1950s Resource Conversion & Metallurgy For personal use only ◦ Looking to define a camp with potential Orion Discovery 2021 of >20Mt Cu resource. ◦ Collect samples for metallurgical testing ◦ Deliver resources and scoping stud

  14. Slide 14: Central Yilgarn Gold-Base Metal-LCT-Iron Ore; Bresnahan Project

    Central Yilgarn Gold-Base Metal- For personal use only LCT-Iron Ore Bresnahan Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 14

  15. Slide 15: Central Yilgarn Overview

    Central Yilgarn Overview Background • ~1,600sqkms of tenure covering 4 For personal use only greenstone belts with over 200 strike kms of banded iron formation • Vastly underexplored region within the Yilgarn Craton • Significant potential for gold, iron ore, komatiite hosted nickel sulphide, base m

  16. Slide 16: Bresnahan HREE Project

    Bresnahan HREE Project For personal use only Background Strategy Next Steps • ~3,700sqkms of 100% owned tenure • Establish a significant early stage HREE play to  2022: Confirm concept • Pegged in August 2022, consolidated through two deals announced complement our rapidly advancing portfolio of •

  17. Slide 17: 2023 Upcoming Catalysts

    2023 Upcoming Catalysts • Tarraji-Yampi • Tarraji-Yampi Orion For personal use only Regional Discovery Drilling Results • Yin REE Ironstone Drilling • REE Resource Resource Upgrade • C3 Maiden Resource Upgrade • Mangaroon Money • Results of Money • Discovery Drilling at Intrusion Ni-Cu-PGE Intrusion

  18. Slide 18: Take Away Message

    Take Away Message  Strong news flow throughout 2023  Average >1 ASX announcement / week  Track record of delivering discoveries For personal use only  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

Dreadnought Resources — Gold Coast Investment Showcase 2023 on 6ix