Dreadnought Resources Limited · ASX:DRE
Dreadnought Resources — Shareholder Meeting (November 2022)
25 slides from Dreadnought Resources's shareholder meeting presentation, Nov 30, 2022
Slide 1: Finding the Metals for Our Future - AGM Presentation
For personal use only FINDING THE METALS FOR OUR FUTURE AGM PRESENTATION 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 Snapshot
Company Snapshot For personal use only Capital Structure ~$3.3M invested by board and management ASX Code DRE $0.16 Yin, Sabre, Y8 Share Price (22/11/2022) $0.100 >85% money in the ground REE Discoveries Shares on Issue 3,074M $0.14 ~1 ASX announcement / week Market Cap (diluted) $315.4M Cash (30/09
Slide 4: Performance to Date
Performance to Date For personal use only ~$3.3M invested by board and management $0.16 Yin, Sabre, Y8 >85% money in the ground REE Discoveries 63 $0.14 69 ~1 ASX announcement / week 51 * 86 82 87 93 51 * $0.12 Multiple discoveries in critical metals $0.10 $0.08 Orion Cu-Ag-Au-Co Discovery $0.06 Met
Slide 5: Year in Review
Year in Review For personal use only 2022 Plan Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Kimberley Mangaroon Illaara Early Rain Delays 2022 Actual Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Kimberley Mangaroon Illaara Target generation Target definition Target testing ASX:DRE WWW.DREADNOU
Slide 6: Mangaroon REE & Au; Ni-Cu-PGE
For personal use only Mangaroon REE & Au (100%) Mangaroon Ni-Cu-PGE (FQM Earn-In) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 6
Slide 7: Mangaroon Project Opportunity
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 8: REE Highlights
Mangaroon REE ✓ Large Scale • 30kms of REE Ironstones For personal use only • 7 Carbonatite Intrusions ✓ Mineralogy Confirmed • Monazite – processing capacity with three plants to be built in WA ✓ High NdPr:TREO Ratios • Gifford Creek Ferrocarbonatite Complex produces some of the highest NdPr:TREO r
Slide 9: REE Carbonatite Systems
Mangaroon REE Carbonatite Systems For personal use only ~1km Ngualla- Tanzania Mountain Pass - USA Mt Weld - Australia ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU WWW.DREADNOUGHTRESOURCES.COM.AU 99
Slide 10: Carbonatite Footprints Simplified
Mangaroon REE Carbonatite Footprints Simplified For personal use only C6 Sulphide Queen MP Materials C1 30.4Mt @ 6.36% TREO ? *16 February 2022 SEC Technical Report Summary – Mountain Pass Mine ? Ngualla C2-5 + Extension Peak Rare Earths 214.4Mt @ 2.15% TREO *24 October 2022 Completion of Ngualla BF
Slide 11: Carbonatite First Pass Drilling Program
Mangaroon REE Carbonatite First Pass Drilling Program For personal use only C6 Sulphide Queen Undrilled MP Materials C1 30.4Mt @ 6.36% TREO ? *16 February 2022 SEC Technical Report Summary – Mountain Pass Mine Ngualla C2-5 + Extension Peak Rare Earths 214.4Mt @ 2.15% TREO *24 October 2022 Completion
Slide 12: First Pass Results
Mangaroon REE First Pass Results For personal use only C6 Sulphide Queen Undrilled MP Materials C1 30.4Mt @ 6.36% TREO Partially drilled ? *16 February 2022 SEC Technical Report Summary – Mountain Pass Mine Ngualla C2-5 + Extension Peak Rare Earths Partially drilled 214.4Mt @ 2.15% TREO *24 October
Slide 13: C3 REE-Nb-P Mineralised Area
Mangaroon REE C3 REE-Nb-P Mineralised Area For personal use only ~600m x 550m Hole ID From (m) To (m) Interval (m) CBRC023 11 42 31 CBRC025 1 45 (EOH) 44 CBRC027 7 40 33 CBRC028 17 41 24 CBRC029 3 75 (EOH) 72 CBRC030 2 99 (EOH) 97 CBRC031 14 27 13 CBRC032 7 81 (EOH) 74 CBRC033 7 84 77 Multi-Metal Po
Slide 14: Significant Upside Potential – C6
Mangaroon REE Significant Upside Potential – C6 For personal use only C1-5 Mick Well (KFM) C6 Yin Yang Mt Weld C6 C6 Magnetics C6 Gravity Government magnetics (low resolution) (high resolution) ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU WWW.DREADNOUGHTRESOURCES.COM.AU 14
Slide 15: Mangaroon Timeline
Mangaroon Timeline For personal use only Target Testing Target Generation Target Definition Target Evaluation Resource “Discovery” C5 Y2 C3 Th Anomalies Yin C1 C4 Critical Extensions Metals Sabre Nickel C6 Cullen’s Star of C7 Mangaroon Yin Two Gold Peaks C2-5 ext Stream Y8 Mitchell’s Money Sediments
Slide 16: 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 16
Slide 17: Tarraji-Yampi Background, Strategy, Next Steps
WMC’s David Barr (L) & Roy Tarraji-Yampi Woodall (R) at Tarraji 1950s Background 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 • Last exploration undertaken in the 1950s and
Slide 18: 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 19: Kimberley Timeline
Kimberley Timeline For personal use only Target Testing Target Generation Target Definition Target Evaluation Resource “Discovery” Recently completed Thunderer Copper Orion Tarraji-Yampi Vanguard Critical Auger Metals Program OR2 Grant’s OR1 Find OR3 Nickel OR5 OR4 Mt Humbert OR6 1. Fill the pipelin
Slide 20: 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 20
Slide 21: 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 • Vastly underexplored region within the Yilgarn Craton • Significant potential for gold, iron ore, komatiite hosted nickel sulphide, base m
Slide 22: Bresnahan Project
For personal use only Bresnahan Project ASX:DRE WWW.DREADNOUGHTRESOURCES.COM.AU 22
Slide 23: Bresnahan Introduction
Bresnahan Introduction For personal use only Background Strategy Next Steps • ~3,700sqkms of 100% owned tenure • Establish a significant early stage critical metals play to • 2022: Confirm critical metal compliment our rapidly advancing portfolio of critical concept • Pegged in August 2022, consolid
Slide 24: Catalysts – Driven by Discovery, Delivering Resources
6 Month Catalysts – Driven by discovery, delivering resources For personal use only Steady news flow from Mangaroon REE drilling • December-March 2023 : Assay results from Yin, Sabre, Y8, C1-C5 Nelson Orion Sabre • February/March 2023: Recommence RC and DD drilling JORC Resources • December 2023: Fi
Slide 25: Take Away Message
Take Away Message ➢ Strong news flow throughout 2022/2023 ➢ For personal use only Average >1 ASX announcement / week ➢ Track record of delivering discoveries ➢ Yin REE ironstone ➢ C1-C5 REE carbonatites ➢ Sabre/Y8 REE ironstones ➢ Orion Cu-Ag-Au-Co massive sulphide ➢ Metzke’s and Longmore’s gold ➢ F
Dreadnought Resources — Shareholder Meeting (November 2022) on 6ix