Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — Investor Presentation (February 2025)
22 slides from Dreadnought Resources's investor presentation, Feb 5, 2025
Slide 1: Transitioning to Self-Funded Explorer
For personal use only Transitioning to Self- Funded Explorer Corporate Presentation Februar y 2025 ASX:DRE ASX:DRE 1
Slide 2: Disclaimer
Disclaimer Refer to Dreadnought announcements for JORC Table 1 and Table 2 for results and information contained in 16 October 2023 100m Thick Rare Earth Intercepts from Yin require in order to make an informed assessment of the prospects of Dreadnought. this presentation. 30 November 2023 Large, Hi
Slide 3: Snapshot
Snapshot Transitioning to a self-funded mineral explorer focused on developing high For personal use only grade gold opportunities at Mangaroon in Western Australia. Board and Management Mineral Explorer Money in the Ground with Skin in the Game with Multicommodity >85% Money raised to $7.0M Cash in
Slide 4: Strong Track Record of Discovery
Strong Track Record of Discovery Orion Copper-Gold: Tarraji Yampi Project (80%/100%) • Discovered 2021: KMRC022 16m @ 2.2% Cu, 6.6g/t Au, 38.7g/t Ag, 0.4% Co from 77m (ASX.DRE 15 November 2021) For personal use only • Orion lode remains open at depth and multiple new lodes identified with strong off
Slide 5: Strategy and Focus
For personal use only Strategy and Focus Tr a n s i t i o n t o s e l f - f u n d e d e x p l o r e r ASX:DRE
Slide 6: Strategy and Focus – Use of Funds (80% in the ground)
Strategy and Focus – Use of Funds (80% in the ground) 1. Transform into a self-funded explorer focused on gold at Mangaroon: $0.5M • Initial Resource of 23,300oz @ 12.8g/t Au (84% Indicated) (ASX.DRE 27 November 2024) For personal use only • Robust study shows ~$40M in free cashflow (at $4,100/oz) w
Slide 7: Transform to Self Funded Explorer
For personal use only Transform to Self Funded Explorer Near term development and commercialisation at the Star of Mangaroon ASX:DRE
Slide 8: Self Funding Strategy
Self Funding Strategy Transform into self-funded explorer For personal use only • Star of Mangaroon is a high grade, open-pit opportunity and remains open at depth and along strike • Camp scale potential with 5 historical mines and multiple gold workings along structural corridors • Mining tenements
Slide 9: High-Grade Open Pit Potential
Star of Mangaroon - Background High-Grade Open Pit Potential For personal use only • Discovered and mined by pastoralists in the 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
Slide 10: Scoping Study – High-Grade open pit with robust financials
Star of Mangaroon – Scoping Study High-Grade open pit with robust financials For personal use only • Mining and trucking operation delivering gold ore to the Paulsens Gold Operation owned by Black Cat. • Study produced robust financials including: • ~$40M in free cashflow (@ $4,100oz) with a • max c
Slide 11: Popeye – Significant Upside
Star of Mangaroon – Significant Upside Popeye – On the SoM Mining Lease For personal use only • No deep drilling, and no drilling along the mineralised trend including at the historically mined Popeye. • Popeye shaft started as water supply for Star of Mangaroon, went straight down a mineralised vei
Slide 12: Historical Workings – Pipeline of Opportunities
Historical Workings – Pipeline of Opportunities Build on Star of Mangaroon Commercialisation For personal use only • 5 Granted Mining Leases • Represent additional near-term production opportunities • More shafts and workings discovered every month as we explore boots on ground • Most with no or lim
Slide 13: Discovery
For personal use only Discovery Fill the pipeline with targets in an unexplored region ASX:DRE
Slide 14: First Modern Exploration – Pathway to Discovery
First Modern Exploration – Pathway to Discovery Star of Mangaroon Camp Scale Prospect • Expanding 15km x 10km camp scale opportunity with proven For personal use only mineralisation and historical mining. • First modern exploration within this consolidated field has already yielded over a dozen new
Slide 15: Gifford Creek Carbonatite
For personal use only Gifford Creek Carbonatite S i g n i f i c a n t C r i t i c a l M e t a l ( N b - R E E - P - T i - S c ) Po t e n t i a l DRE: 100% Ownership ASX:DRE
Slide 16: Gifford Creek Nb-REE Carbonatite Complex
Gifford Creek Nb-REE Carbonatite Complex Significant Critical Metal Potential • The Gifford Creek Carbonatite Complex with its For personal use only associated ironstones is one of the largest carbonatite complexes in the world. • Wide spaced drilling over ~25% of the ~17km long Gifford Creek Carbon
Slide 17: Gifford Creek Nb-REE Carbonatite
Gifford Creek Nb-REE Carbonatite Niobium Mineralisation • Blanket of thick near surface secondary / residual For personal use only mineralisation • Tends to mushroom out from primary mineralisation • Target of wide spaced first pass drilling • Recent drilling intercepts include: • CBRC195: 130m @ 0.
Slide 18: Streamlining the Portfolio
For personal use only Streamlining the Portfolio C o m m e r c i a l i s a t i o n o f p o r t f o l i o & d i s c ov e r y funded by third par ties ASX:DRE
Slide 19: Other Projects
Other Projects Mangaroon Ni-Cu-PGE (100%) ➢ Confirmed high-tenor massive sulphides within the ~45km long Money Intrusion For personal use only ➢ Advanced discussions for JV Bresnahan (100%) ➢ Uranium targets identified by global uranium companies ➢ Outcropping unconformity HREE, and Au-Sb-Ag mineral
Slide 20: Work Plan Summary
Work Plan Summary March 2025 June 2025 September 2025 December 2025 For personal use only Quarter Quarter Quarter Quarter Star of Mangaroon Mining, Haulage and Scoping Study Approvals and Commencement of Production Open Pit Processing Agreement Additional Resource Granted Mining Leases including Sta
Slide 21: Take Away Message
Take Away Message Becoming a self-funded explorer through the high- Significant Critical Metal Exposure: grade gold development strategy: Star of Mangaroon Gifford Creek REE-Nb-Ti Carbonatite Complex For personal use only • Initial Resource of 23,300oz @ 12.8g/t Au (84% Indicated) • 29.98Mt @ 1.04%
Slide 22: Transitioning to Self-Funded Explorer
For personal use only Transitioning to Self-Funded Explorer ASX:DRE Dreadnought Resources Ltd +61 (08) 9473 8345 info@dreres.com.au Unit 1, 4 Burgay Court, Osborne Park WA 6017 Sign up to our Investor Hub dreadnoughtresources.com.au to receive the latest news, updates and announcements.
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