Slide 1: Highly Active West Australian Mineral Explorer Focused on Discovery
HIGHLY ACTIVE WEST AUSTRALIAN MINERAL EXPLORER FOCUSED ON DISCOVERY RIU EXPLORERS CONFERENCE - FEBRUARY 2022
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 1. Three company scale projects with proven mineralisation ASX Code DRE in highly prospective terrains Share Price (16/02/2022) $0.040 • Mangaroon: ~4,500sq kms Gascoyne Shares on Issue 2,838.6M • Tarraji-Yampi: ~1,400sq kms Kimberley Market Cap (diluted) $117.8M •
Slide 4: Illaara Au-Cu-LCT-Iron Ore Project
Illaara Au-Cu-LCT-Iron Ore Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 4
Slide 5: Illaara Project Overview
Illaara Project Overview Background • Initially acquired from Newmont and through subsequent deals have consolidated ~70km strike of underexplored greenstone belt Copper-Lead-Zinc-Silver VMS – Nelson and Trafalgar • 8 conductors defined with coincident geochemical anomalies at Nelson and magnetic an
Slide 6: Nelson and Trafalgar Cu-Pb-Zn-Ag
Nelson and Trafalgar Cu-Pb-Zn-Ag Nelson • ~1.5km long Cu-Zn-Pb-Ag in soil anomaly (peak values 640ppm Pb; 1,100ppm Zn; 300ppm Cu; 0.7 g/t Ag) • Strong VMS pathfinder (Au, Cd, In, Sn, Tl) association • 6 highly conductive FLEM Plates Trafalgar • ~500m long discrete double magnetic anomaly • 2 highly
Slide 7: Mangaroon REE & Au (100%) Mangaroon Ni-Cu-PGE (FQM JV)
Mangaroon REE & Au (100%) Mangaroon Ni-Cu-PGE (FQM JV) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 7
Slide 8: Mangaroon Project
Mangaroon Project Background • 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 • Discovered outcropping high grade REEs, Niobium, Zirconium, Phosphate within Ironstone and Carbona
Slide 9: Yin REE Ironstones
Yin REE Ironstones Scale • Six REE ironstones identified to date over an area of ~10kms x 5kms Grade • High grade rock chips, up to 39.7% TREO, with high NdPr to TREO ratios – high value concentrate • Recently identified Nb-Zr veins associated with REE Ironstones Mineralogy • Monazite – global
Slide 10: REE Carbonatites
REE Carbonatites Potential for large scale REE mineralisation • Residual – ex. Mt Weld, Araxa, Yangibana, • Fresh Rock – ex. Mountain Pass, Mt Weld Evidence for both fresh and residual mineralisation • >95% of interpreted intrusions under calcrete cover • Confirmed REE and Phosphate mineralisation
Slide 11: Mangaroon Ni-Cu-PGE – FQM JV
Mangaroon Ni-Cu-PGE – FQM JV 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 • 2 conductors defined Next Steps: Is there a massive sulphide accumulation? March 2022: ~1
Slide 12: Tarraji-Yampi Ni-Cu-PGE & Gold Project
Tarraji-Yampi Ni-Cu-PGE & Gold Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 12
Slide 13: Tarraji-Yampi
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 • Grant’s Find, Wilson’
Slide 14: Orion Cu-Ag-Au-Co Target
Orion Cu-Ag-Au-Co Target Depth of cover is only 1-5m – amendable to shallow auger drilling to assist with target screening and ranking Next Steps: How big is it? June/July 2022: Resource focused RC and diamond drilling ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 14
Slide 15: Tarraji-Yampi Regional Targeting
Tarraji-Yampi Regional Targeting Project wide auger sampling will identify near surface mineralisation, obscured by thin cover – Defining the Camp Next Steps: How many more are there? March/April 2022: 3,000-hole Auger sampling July-September 2022: Discovery focused RC drilling ASX:DRE WWW.DREADNOUG
Slide 16: 2022 Work Plan
2022 Work Plan Target Generation Target Definition Target Testing Target Evaluation Resource Nickel Paul’s Wilson’s Wombarella Find Ironclad Fuso Orion Tarraji-Yampi Find Auger Program Rough Grant’s Kimberley Mt Humbert Monarch Chianti Triangle Find Copper Money Booka- C6 REE C1-5 Iron Ore Intrusion
Slide 17: Take Away Message
Take Away Message Strong news flow: Discovery and evaluation / resource drilling focus for the next 12 months Illaara: Consolidated 75km long underexplored greenstone belt with early exploration success Drilling February 2022 Mangaroon: first mover major land positions with proven REE, Ni-Cu