Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — RIU Explorers Conference 2024
25 slides from Dreadnought Resources's conference presentation, Feb 13, 2024
Slide 1: Finding the Metals for Our Future
For personal use only Finding the Metals for Our Future RIU EXPLORERS CONFERENCE 1 3 F E B R U A RY 2 0 2 4 ASX:DRE dreadnoughtresources.com.au
Slide 2: Disclaimer
Disclaimer Refer to Dreadnought announcements for JORC Table 1 and Table 2 for results and information contained This presentation has been prepared by Dreadnought Resources Limited relation to the fairness, accuracy or completeness of the information, opinions and in this presentation. (Dreadnought
Slide 3: Company Snapshot
Company Snapshot Capital Structure ASX Code DRE For personal use only Share Price (12/02/2024) $0.019 Shares on Issue 3,479M Market Cap ~$66.1M Cash (31/12/2023 + R&D Rebate) ~$5.0M Unlisted Securities (various strike prices) 83.7M Liquidity (90-day average) ~$0.1M / day Board and Management Cash In
Slide 4: Mangaroon REEs
For personal use only Mangaroon REEs DRE 100% Ownership ASX:DRE dreadnoughtresources.com.au
Slide 5: Mangaroon REEs
Mangaroon REEs Long life of mine potential • 40.82Mt @ 1.03% TREO with 87% of the Yin For personal use only Ironstone Resource (29.98Mt @ 1.04% TREO) in the Measured and Indicated category. World’s top mining jurisdiction • Western Australia Globally significant critical minerals province • Rare Ear
Slide 6: Yin Ironstones and Gifford Creek Carbonatites
Yin Ironstones and Gifford Creek Carbonatites Yin REE Ironstones For personal use only • High NdPr, outcropping at surface • Resource only covers ~10% of 43km long ironstone strike Gifford Creek Carbonatite • Multiple pulses of high-grade Rare Earths, Niobium, Phosphate, Titanium and Scandium • Only
Slide 7: Life Changing Opportunities
1. Central Yilgarn Gold • T1 – Viper • T2 – Honey, Leghorn • T6 – Chicken Little • T11, T18, T21 For personal use only 2. Mangaroon Gold • SoM Gold Camp 3. Tarraji-Yampi Cu-Au • Orion Cu-Au Camp • Grants Cu-Au Camp Life Changing 4. Mangaroon Ni-Cu-PGE • Money Intrusion (JV) Opportunities 5. Mangaroo
Slide 8: Central Yilgarn Gold
For personal use only Central Yilgarn Gold DRE: 100% Ownership ASX:DRE dreadnoughtresources.com.au
Slide 9: Central Yilgarn Gold
Central Yilgarn Gold What is Central Yilgarn? For personal use only • ~1,400km2 covering ~150km strike over four greenstone belts in the Yilgarn • Significant gold, copper, nickel and lithium pegmatite potential Nelson Cu-Pb-Zn 2022 Why are we here? • Bermuda triangle of the Yilgarn • No tracks, no
Slide 10: Central Yilgarn Gold: Priority Focus for 2024
Central Yilgarn Gold Priority Focus for 2024 • Walk up drill targets For personal use only • Define additional targets Upcoming Catalysts • Commencement of RC drilling March/April 2024 • T1: Viper Nelson Cu-Pb-Zn 2022 • T2: Honey, Leghorn • T6: Chicken Little, Megatron Next Steps • Boots on ground M
Slide 11: Leghorn and Honey
Leghorn and Honey Leghorn • ~3,500m x 300m Au-As-Bi-Mo-Te-W anomaly For personal use only • Previous RC intercept: • BARRC007: 48m @ 0.7g/t Au from 27m including 21m @ 1.3g/t Au from 54m • Coincident IP anomaly over interpreted structures Honey • Historical shallow working produced free gold in alte
Slide 12: Viper
Viper For personal use only Walk up drill target • ~1,500m x 800m Au-As-Sb anomaly • Previous intercept: BARAC0136: 15m @ 1.5g/t Au from 12m including 3m @ 6.7g/t Au from 12m • Coincident IP and DHEM anomaly over interpreted structurally complex and non-outcropping BIF horizon ASX:DRE 12
Slide 13: Mangaroon Au
For personal use only Mangaroon Au DRE: 100% Ownership ASX:DRE dreadnoughtresources.com.au
Slide 14: Mangaroon Gold
Mangaroon Gold What is Mangaroon? • ~5,000km2 covering the Mangaroon Zone within For personal use only the Gascoyne Proterozoic Mobile Belt • Significant intrusion related and orogenic gold, potential Why are we here? • Unloved history with early exploration hindered by lack of infrastructure and in
Slide 15: Mangaroon Gold – Star of Mangaroon
Mangaroon Gold – Star of Mangaroon Star of Mangaroon For personal use only • Mined by Pastoralists 1960s • Limited exploration in the 1980s/1990s • MA10: 4m @ 26.0g/t Au fr 9m • SMC07: 4m @ 18.7 g/t Au fr 8m • Recent drilling by Dreadnought includes: • SOMRC004: 2m @ 59.0 g/t Au fr 16m • SOMRC005: 7
Slide 16: Mangaroon Gold – Camp Scale Opportunities
Mangaroon Gold – Camp Scale Opportunities Star of Mangaroon Camp Scale Prospect For personal use only • Expanding 15km x 10km camp scale opportunity • First modern exploration within this consolidated field has already yielded over a dozen new targets including Tiger, which is stronger and larger th
Slide 17: Tarraji-Yampi
For personal use only Tarraji-Yampi Cu-Au (80%, 100%) Ni-Cu-PGEs (100%) ASX:DRE dreadnoughtresources.com.au
Slide 18: Tarraji-Yampi Cu-Au (Ni-Cu-PGE)
Tarraji-Yampi Cu-Au (Ni-Cu-PGE) What is Tarraji-Yampi? • ~485km2 covering the Yampi Fold and Thrust For personal use only Belt in the Kimberley Region of Western Australia. • Contains the Orion Cu-Au VMS discovery • Contains historical workings on Cu-Au epithermal veins at Grant’s Why are we here? •
Slide 19: Tarraji-Yampi Cu-Ag-Au-Co
Tarraji-Yampi Cu-Ag-Au-Co Orion Discovery - 2021 • KMRC022: 16m @ 2.2% Cu, 38.7gt Ag, 6.6g/t Au, 0.4% Co For personal use only • Confirmed over 250m strike, to a depth of ~150m • Geophysics shows it down to 500m • Part of an emerging Cu-Au VMS Camp Upcoming Catalysts Orion Discovery 2021 • Results f
Slide 20: Other Opportunities
For personal use only Other Opportunities Mangaroon Ni -Cu-PGE: FQM JV Bresnahan U, Au -Ag, HREEs ASX:DRE dreadnoughtresources.com.au
Slide 21: Mangaroon Ni-Cu-PGE (FQM JV) and Bresnahan
Mangaroon Ni-Cu-PGE (FQM JV) and Bresnahan U, HREE, Au-Ag For personal use only Orion Discovery 2021 Mangaroon Ni-Cu-PGE (FQM JV) Bresnahan U, HREE, Au-Ag • ~50km long prospective Money Intrusion • 4,700 km2, 100% owned, on the doorstep of the Pilbara. • High tenor massive sulphide potential confirm
Slide 22: What can we expect for 2024?
For personal use only What can we expect for 2024? ASX:DRE dreadnoughtresources.com.au
Slide 23: Plans for 2024
Plans for 2024 Major, High-Grade Gold Discoveries at Central Yilgarn and Mangaroon For personal use only ➢ Drilling at Central Yilgarn to commence March/April 2024 ➢ Drilling at Mangaroon to commence May/June 2024 ➢ Ongoing target generation and definition work from March Continue to advance the REE
Slide 24: Take Away Message
Take Away Message Strong news flow throughout 2024 • Average >1 ASX announcement / week For personal use only Track record of delivering discoveries • Yin REE ironstone complex • Gifford Creek REE-Nb carbonatites • Orion Cu-Au massive sulphide • Money Intrusion Ni-Cu-PGEs Poised to deliver additiona
Slide 25: Finding the Metals for Our Future
For personal use only Finding the Metals for Our Future ASX:DRE Dreadnought Resources Ltd +61 (08) 9473 8345 info@dreres.com.au Unit 1, 4 Burgay Court, Osborne Park WA 6017 dreadnoughtresources.com.au
Dreadnought Resources — RIU Explorers Conference 2024 on 6ix