Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — Investor Presentation (September 2023)
15 slides from Dreadnought Resources's investor presentation, Sep 12, 2023
Slide 1: Finding the Metals for Our Future
For personal use only Finding the Metals for Our Future C O R P O R AT E P R E S E N TAT I O N SEPTEMBER 2023 ASX:DRE dreadnoughtresources.com.au
Slide 2: Disclaimer
Disclaimer Refer to Dreadnought announcements for JORC Table 1 and Table 2 for results and This presentation has been prepared by Dreadnought Resources Limited should obtain independent professional advice before making any decision based information contained in this presentation. (Dreadnought or t
Slide 3: Company Snapshot
Company Snapshot Capital Structure ASX Code DRE For personal use only Share Price (12/09/2023) $0.055 Shares on Issue 3,359M 60 59 Market Cap Cash (30/06/2023) $184.7M ~$11.7M Nd Pr Unlisted Securities (various strike prices) 60.2M Neodymium Praseodymium Liquidity (90-day average) ~$0.5M / day Board
Slide 4: Project Overview
Project Overview Mangaroon REE & Au (100%) ➢ ~5,300km2 in the Gascoyne For personal use only ➢ Initial JORC Resource delivered over <10% of known REE ironstones ➢ Six carbonatites to be tested for Mt Weld style (Lynas - $7,800m) ➢ Three rigs on site delivering discovery and resource drill outs Manga
Slide 5: Project
Mangaroon Project For personal use only Rare Earths - Niobium: (100%) • Ironstones: high-grade, high NdPr, de-risked metallurgy • Carbonatites: Multiple pulses of high-grade Rare Earths, Niobium, Phosphate, Titanium and Scandium Ni-Cu-PGE: (FQM earning up to 70%) • FQM earning 51% by spending $12M a
Slide 6: Rare Earths – Yin Ironstones
Mangaroon Rare Earths – Yin Ironstones High NdPr:TREO Ratios • Region contains the highest NdPr:TREO ratios in the world: 28-31% For personal use only NdPr:TREO ratio • Currently bringing higher >40% NdPr:TREO ironstones into Resource Metallurgy Confirmed • Region contains some of the highest rare e
Slide 7: Rare Earths – Gifford Creek Complex
Mangaroon Rare Earths – Gifford Creek Complex Large Scale Potential For personal use only • 43kms of REE Ironstones • Ever expanding carbonatite complex Ironstones • Similar to the Yangibana Ironstones next door • Resource Drilling Complete over only 10% of known strike • Exploration Target: 50-100m
Slide 8: C3 Carbonatite Resource
TREO NdPr:TREO Nb2O5 P2O5 TiO2 Sc (ppm) Mt (%) (%) (%) (%) (%) 5.73 1.18 21 0.25 3.8 5.4 92 CI-C5 Carbonatites 10.84 20.55 1.00 0.80 21 21 0.22 0.15 3.5 3.0 4.9 3.9 85 68 45.87 0.58 21 0.10 2.7 3.0 52 C3 Inferred Resource as adjusted for different cut-off grades. 28 August 2023 Initial, Independent
Slide 9: Ni-Cu-PGE (FQM Earn-In)
Mangaroon Ni-Cu-PGE (FQM Earn-In) For personal use only Money Intrusion • ~50km long, outcropping mafic-ultramafic intrusion • High tenor magmatic Ni-Cu-Co-PGE Sulphide System FQM Earn-In • FQM to spend $12M to earn an initial 51% and additional 19% upon a decision to Mine Next Steps • Additional ge
Slide 10: Ni-Cu-PGE (FQM Earn-In) – Drill Program
Mangaroon Ni-Cu-PGE (FQM Earn-In) Drill Program • Originally 5 RC holes testing 5 EM plates with For personal use only DHEM • Massive sulphides confirmed – thick halo of mineralisation blind to geophysical surveys completed to date • Mineralisation confirmed over 400m of blind step out holes – open
Slide 11: Ni-Cu-PGE (FQM Earn-In)
Mangaroon Ni-Cu-PGE (FQM Earn-In) Money Intrusion • Technically, mineralisation open all the way to For personal use only Bookathanna, 2.5kms to the South and still open. • High tenors mean even non massive sulphide can produce high grades (Jinchuan) • With a fertile system confirmed, deeper trap si
Slide 12: Tarraji-Yampi Cu-Ag-Au-Co
Tarraji-Yampi Cu-Ag-Au-Co Why are we here? • Off-limits to exploration since 1978 For personal use only • Mineralisation sticking out of the ground The Opportunity • Cloncurry / Tennant Creek in WA • High Grade Cu-Ag-Au-Co • Unexplored, no modern exploration Next Steps • Discovery Drilling – Septemb
Slide 13: Tarraji-Yampi Cu-Ag-Au-Co
Tarraji-Yampi Cu-Ag-Au-Co For personal use only 2021 Orion Discovery • KMRC022: 16m @ 2.2% Cu, 38.7gt Ag, 6.6g/t Au, 0.4% Co • Confirmed over 250m strike, to a depth of ~150m • Geophysics shows it down to 500m Orion Discovery 2021 Shallow Cover • Black plain soils only 1-9m thick • Auger geochemistr
Slide 14: Take Away Message
Take Away Message Strong news flow throughout 2023 • Average >1 ASX announcement / week For personal use only Track record of delivering discoveries • Yin REE ironstone • C3 and C5 REE-Nb carbonatites • Sabre/Y8 REE ironstones • Orion Cu-Ag-Au-Co massive sulphide • Metzke’s and Longmore’s gold Poise
Slide 15: Dreadnought Resources Ltd
For personal use only 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
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