Slide 1: Finding the Metals for Our Future – Noosa Mining Conference
For personal use only FINDING THE METALS FOR OUR FUTURE NOOSA MINING CONFERENCE NOVEMBER 2022
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 Performance
Company Performance For personal use only ~$3.3M Invested by board and management >85% Money in the ground ~1 ASX Announcement / week $0.16 Yin, Sabre, Y8 REE Discoveries $0.14 $0.12 $0.10 Orion Cu-Ag-Au-Co $0.08 Discovery $0.06 Metzke’s Find & Longmore’s REEs at C4 $0.04 Au “Discoveries” REEs at Yi
Slide 4: Mangaroon REE & Au; 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
Slide 5: Mangaroon Project
Mangaroon Project For personal use only Opportunity: 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 (~$450m) • Carbonatites: possible Mt Weld style (Lynas ~$8,000m), Mountain Pa
Slide 6: Mangaroon REE
Mangaroon REE ✓ Large Scale • Outcropping ironstones confirmed: Yin, For personal use only Sabre, Y8 – drilling underway • Carbonatites could be regional source of ironstones (including Yangibana) ✓ High-Grade, High NdPr • Rock chips, up to 39.7% TREO • NdPr to TREO ratios, up to 46% ✓ Mineralogy Co
Slide 7: Mangaroon REE Ironstones and Carbonatites
Mangaroon REE Ironstones and Carbonatites For personal use only ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 7
Slide 8: Mangaroon Timeline
Mangaroon Timeline For personal use only Target Testing Target Generation Target Definition Target Evaluation Resource “Discovery” C3 Y2 C1-5 Th Anomalies Critical C4 Metals Yin Extensions C6 Sabre Nickel Cullen’s Star of Mangaroon C7 Yin Two Gold Peaks Y8 Stream Money Mitchell’s Intrusion Sediments
Slide 9: Mangaroon Rare Earth Timeline
Mangaroon Rare Earth Timeline For personal use only December Quarter 2022 March Quarter 2023 June Quarter 2023 September Quarter 2023 Remaining Yin assays Yin resource – 3 of 16 strike kms Sabre / Y8 assays First carbonatite assays New targets Carbonatite assays Yin assays Recommencement of RC and d
Slide 10: 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 • ~12 strike kms of FLEM surveys MNRK0366: 0.4% Cu, 0.4% Ni, 0.03
Slide 11: 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 11
Slide 12: Tarraji-Yampi
WMC’s David Barr (L) & Roy Tarraji-Yampi Woodall (R) at Tarraji 1950s For personal use only ➢ ~80kms from the port of Derby and entirely within the Yampi Sound Defence Training Area – off limits to exploration since 1978 Orion Discovery 2021 ➢ 2019-2020: First boots on ground since 1978 ➢ Gold and c
Slide 13: Auger Program
Auger Program ➢ Modern geochemistry + geophysics For personal use only ➢ Filling the target pipeline ➢ Nine 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.
Slide 14: Kimberley Timeline
Kimberley Timeline For personal use only Target Testing Target Generation Target Definition Target Evaluation Resource “Discovery” Copper Thunderer Orion Tarraji-Yampi Vanguard Critical Auger Metals Program OR2 Grant’s OR1 Find Nickel OR3 OR5 Mt Humbert OR4 OR6 Fill the pipeline Wombarella Rough Tri
Slide 15: 2022 Catalysts – Driven by discovery, delivering resources
2022 Catalysts – Driven by discovery, delivering resources For personal use only Nelson Orion Sabre Steady news flow from Mangaroon REE drilling – Ongoing • Assay results from Yin, Sabre, Y8, Carbonatites Additional REE discoveries – In progress • Ironstones: Yin extensions, Sabre, Y7, Y8 • Carbonat
Slide 16: Take Away Message
Take Away Message ➢ Strong news flow throughout 2022/2023 For personal use only ➢ Mangaroon REE: • Yin Initial resource: Nov/Dec 2022 • C1-C5 discovery drilling: Ongoing • Yin metallurgical work: March/April 2023 • Additional discovery and resource drilling ➢ Mangaroon Ni-Cu-PGE (FQM Earn in): • Ong
Slide 17: Company Snapshot
Company Snapshot Mangaroon REE & Au (100%) For personal use only Capital Structure ASX Code DRE ➢ ~5,300km2 in the Gascoyne, WA ➢ 25km from Yangibana REE Ironstones Project (Hastings - ~$500m) Share Price (10/11/2022) $0.100 ➢ High-grade, high NdPr, large scale ironstones similar to Yangibana Shares
Slide 18: Central Yilgarn Gold-Base Metal-LCT-Iron Ore
For personal use only Central Yilgarn Gold-Base Metal- LCT-Iron Ore ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 18
Slide 19: Central Yilgarn Overview
Central Yilgarn Overview For personal use only Background • ~1,600sqkms of tenure covering 4 greenstone belts with over 200 strike kms of banded iron formation • Hancock Prospecting and Mineral Resources seeking iron ore Strategy • Assess opportunities for commercialisation • Generate targets for te