Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — Shareholder Meeting (November 2021)
23 slides from Dreadnought Resources's shareholder meeting presentation, Nov 24, 2021
Slide 1: Annual General Meeting Presentation – 24 November 2021
For personal use only HI GHLY ACTI V E WEST AUS T R A LI A N MI NERA L EXPLO R E R FOCU S E D ON DI SCOV E RY AN N U A L GENE R A L MEETI NG PRE S E N TAT I ON – 24 NOVEM B E R 2021
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
Slide 3: Company Snapshot
Company Snapshot Capital Structure Kimberley Cu-Ag-Au-Co Projects (100%, E04/2315 80%) For personal use only ASX Code DRE 2,660km2 land holding in the West Kimberley, 2nd largest land owner Share Price (23/11/2021) $0.047 behind IGO and ahead of Chalice Shares on Issue 2,831.9M Unexplored since
Slide 4: Strategy and Performance
Strategy and Performance STRONG COMMUNITY AND For personal use only DELIVER SIGNIFICANT EFFECTIVE AND EFFICIENT SHAREHOLDER RETURNS EXPLORATION STAKEHOLDER ENGAGEMENT • Increase value through advancing • >80% of funds go into the ground We strive to develop win-win relationships with exploration tar
Slide 5: Tarraji-Yampi Ni-Cu-PGE & Gold Project
For personal use only Tarraji-Yampi Ni-Cu-PGE & Gold Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 5
Slide 6: Rare Exploration Opportunity
Rare Exploration Opportunity For personal use only • Outcropping mineralisation • Off limits since 1978 • First movers within the YSTA 1956-1959: Last 1978-2013: YSTA significant mineral Defense Reserve exploration at Tarraji “off limits” to undertaken by WMC mineral exploration Half of all minera
Slide 7: Tarraji-Yampi
For personal use only Tarraji-Yampi Located just 80kms from the port of Derby and entirely within the Yampi Sound Training Area Abundant outcropping Cu-Au-Ag-Bi-Sb-Co mineralisation – vectors to mineralisation undercover • Grant’s Find – Discovered 1906 • Rough Triangle – Discovered 1958 (but wa
Slide 8: Orion Cu-Ag-Au-Co Target
Orion Cu-Ag-Au-Co Target Oxide and Supergene from 1m depth, massive sulphide confirmed to ~150m, getting stronger and thicker at depth For personal use only Max depth of drilling Next Steps: Assays results and resource drilling November 2021: Assays results June/July 2022: Resource drilling ASX:DRE
Slide 9: Grant's Find and Fuso Cu-Au-Co
Grant’s Find and Fuso Cu-Au-Co For personal use only Grant’s Find • Outcropping breccia vein over 800m strike. • Best intercept to date – most northern drill hole. • 10m @ 2.3% Cu, 0.03% Co Fuso • Multiple strong magnetic anomalies, completely under shallow cover. • New magnetic data indicating
Slide 10: Rough Triangle: Cu-Ag-Bi-Sb
For personal use only Rough Triangle: Cu-Ag-Bi-Sb 1.2km long outcropping vein of high-grade Cu-Ag-Bi-Sb mineralisation Significant rock chips include: • RT07: 20.4% Cu, 4.6% Sb, 0.9% Bi, 101g/t Ag • RTC01: 83.7% Cu, 142g/t Ag • RT09: 18.9% Cu, 14.1% Sb, 1.6% Bi, 196g/t Ag • RT12: 18.5% Cu, 10.8%
Slide 11: Mangaroon Ni-Cu-PGE, REE & Au Project
For personal use only Mangaroon Ni-Cu-PGE, REE & Au Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 11
Slide 12: Proterozoic Mobile Belts
For personal use only Proterozoic Mobile Belts Proterozoic mobile belts are attractive with the potential to host world class deposits across a range of commodities Mangaroon compliments the Kimberley • Both have potential Tier 1 discoveries • Both have been historically underexplored despite ou
Slide 13: Mangaroon Project
Mangaroon Project Rare Earths: Yin Camp – 100% Owned For personal use only • Outcropping high-grade rare earth ironstones – similar to Yangibana • High NdPr to TREO ratio – high value product for permanent magnets • Mineralogy and metallurgic work confirms high grade concentrate product Ni-Cu-PGE:
Slide 14: Yin REE Ironstones
For personal use only Yin REE Ironstones Next door to Yangibana – Hastings Technology Metals (HAS.ASX) Market Cap ~$500M Discovery and Resource drilling to commence March Quarter 2022 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 14
Slide 15: Yin REE Ironstones
Pr La Ce Yin REE Ironstones For personal use only Nd Scale • Six REE ironstones identified to date with over an area of ~10kms x 5kms Grade • High grade rock chips, up to 11.37% TREO, with high NdPr to TREO ratios – high value concentrate Pr Mineralogy • Monazite – globally significant REE min
Slide 16: Mangaroon Ni-Cu-PGE
Mangaroon Ni-Cu-PGE For personal use only 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 at Bookathanna Next Steps: Is there a massive sulphide accumulation? September –
Slide 17: Illaara Au-Cu-LCT-Iron Ore Project
For personal use only Illaara Au-Cu-LCT-Iron Ore Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 17
Slide 18: Illaara Project
Illaara Project For personal use only Illaara Au-Cu-LCT-Iron Ore Project Initially acquired from Newmont and through subsequent deals have consolidated ~75km strike of underexplored greenstone belt First significant gold and base metal exploration since the 1980s and 1990s. Previously held by ir
Slide 19: Illaara Project Overview
Illaara Project Overview Lithium Caesium Tantalum Pegmatites – Peggy Sue For personal use only • Outcropping fertile LCT pegmatite swarm over an area of 5km x 2kms with multiple clusters of high-grade tantalum (up to 529ppm Ta2O5) • Additional mapping and sampling over mineralised clusters to define
Slide 20: Peggy Sue: LCT Pegmatite
Peggy Sue: LCT Pegmatite For personal use only • ~200 Rock Chips of pegmatite swarm collected • Some large outcropping pegmatites 10-30m wide 300-500m long. • Early results showing very high Tantalum – fertile system. • Further mapping and sampling around clusters to determine zonation and fractiona
Slide 21: Metzke's Find: High-grade Gold
Metzke’s Find: High-grade Gold For personal use only Resource work underway – expected March 2022 ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 21
Slide 22: 2021 Work Plan
2021 Work Plan For personal use only Target Generation Target Definition Target Testing Target Evaluation Resource Nickel Tarraji- Paul’s Ironclad Wombarella Yampi Fuso Texas Orion Find Wilson’s Grant’s Kimberley Tarraji- Monarch Find Rough Chianti Orion Find Copper Yampi Triangle Eastern Defiance B
Slide 23: Take Away Message
Take Away Message For personal use only Strong news flow: Discovery and evaluation / resource drilling focus for the next 12 months Metzke’s Find Gold: March 2022 Yin REE: August 2022 Orion: Cu-Ag-Au-Co: December 2022 Grant’s Find: Cu-Au-Co Kimberley and Mangaroon: first mover with poten
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