ersonal use only
HIGHLY ACTIVE WEST AUSTRALIAN MINERAL EXPLORER
FOCUSED ON DISCOVERY
CORPORATE PRESENTATION - JULY 2022
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 | |||
"expect", "intend", "may", "potential", "should", and similar expressions are forward-looking statements. Although Dreadnought | • 6 December 2019 | Consolidation of 75km Long Illaara Greenstone Belt | ||
Resources Limited ("Dreadnought") believes that the expectation reflected in these forward-looking statements are reasonable, such | • 19 March 2020 | RC Drilling Hits High Grades at Metzke's Find | ||
statement involved risks and uncertainties and no assurance can be given that actual results will be consistent with these forward- | • 25 September 2020 | Further High-Grade Gold from Metzke's Find | ||
only | ||||
looking statements. | • 8 October 2020 | Further High-Grade Gold from Metzke's Find | ||
This presentation has been prepared by Dreadnought for the purpose of providing an overview of its current prospects and growth | • 30 November 2020 | Exploration Update Illaara Gold-VMS-Iron Ore Project | ||
strategy to recipients. This presentation and its contents are provided to recipients on the basis that It may not be reproduced or | • 27 April 2021 | Illaara Update and Regional Target Generation | ||
disclosed in whole or in part to any other person, without the written consent of Dreadnought. | • 31 May 2021 | Drilling Results - Illaara Au-Cu-Iron Ore Project | ||
This | presentation is provided on the basis that neither Dreadnought nor its respective officers, shareholders, related bodies | |||
• 7 July 2021 | High-Grade Tantalum Results from Peggy Sue - Illaara Project | |||
c rp | rate, partners, affiliates, employees, representatives and advisers, make any representation or warrant (express of implied) as | • 15 February 2022 | Eight Conductors to be Drilled at Nelson and Trafalgar Cu-Pb-Zn-Ag Prospects - Illaara Project | |
to the accuracy, reliability, relevance or completeness of the material contained in this presentation and nothing contained in the | • 9 May 2022 | Drilling Complete at Illaara Project | ||
presentation is, or may be relied upon, as a promise, representation or warrant, whether as to the past or the future. Dreadnought | ||||
hereby excludes all warranties that can be excluded by law. | Kimberley Ni-Cu-Au Project | |||
use | • 23 December 2019 | Grants Cu-Au Assays and Coincident Magnetic/Gravity Targets | ||
All p | rsons should consider seeking appropriate professional advice in reviewing the presentation and all other information with | |||
r sp | ct to Dreadnought and evaluating the business, financial performance and operation of Dreadnought. Neither the provision of | • 25 August 2021 | RC Results from Orion, Grant's Find & Fuso Indicate Large Cu-u-Ag-Co System | |
the pre entation nor any information contained in the presentation or subsequently communicated to any person in connection with | • 27 August 2021 | Bonanza Grade Cu-Ag-Sb-Bi Mineralisation at rough Triangle | ||
the pre entation is, or should be taken as, constituting the giving of investment advice to any person. | • 15 November 2021 | High-GradeCu-Ag-Au-Co Discovery at Orion | ||
Competent Person's Statement | • 8 December 2021 | Further High-GradeCu-Ag-Au-Co-Zn Orion Discovery | ||
The information in this announcement that relates to geology and exploration results and planning was compiled by Mr. Dean Tuck, | • 29 April 2022 | EIS Drilling Grants for Mangaroon REE and Orion Cu-Ag-Au-Co | ||
who is a Member of the AIG, Managing Director, and shareholder of the Company. Mr. Tuck has sufficient experience which is | • 22 June 2022 | Orion Auger Program - Taraji-Yampi Project | ||
relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a | Mangaroon Ni-Cu-PGE, REE & Au Project | |||
ersonalR f r to Dreadnought announcements for JORC Table 1 and Table 2 for results and information contained in this presentation. | • 07 April 2021 | Option/JV Agreement Signed with Global Base Metal Miner | ||
Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources | ||||
nd Ore Reserves'. Mr. Tuck consents to the inclusion in the report of the matters based on the information in the form and context | • 19 July 2021 | High Grade REE Ironstones Outcropping at Mangaroon | ||
in which it appears. | • 1 September 2021 | Encouraging Results for Rare Earths at Yin | ||
The Company confirms that it is not aware of any new information or data that materially affects the information in the original | • 9 September 2021 | Four New REE Ironstones Discovered at Mangaroon | ||
reports, a d that the forma and context in which the Competent Person's findings are presented have not been materially modified | • 29 November 2021 | Five Carbonatite Intrusions Identified at Mangaroon Project | ||
from the original reports. (referencing historic and new company announcements). | • 14 February 2022 | Conductors Defined along the Money Intrusion - Mangaroon FQM JV | ||
Currency | • 29 April 2022 | EIS Drilling Grants for Mangaroon REE and Orion Cu-Ag-Au-Co | ||
All amounts shown are in Australian dollars unless otherwise stated. | • 10 June 2022 | Drilling Successfully Completed at Mangaroon Ni-Cu-PGE JV | ||
• 16 June 2022 | First Drilling at Yin Intersects High-Grade Rare Earths | |||
• 25 July 2022 | Rare Earth Ironstones Confirmed Over 3km of Strike at Yin | |||
ASX:DRE | WWW.DREADNOUGHTRESOURCES.COM.AU | 2 | ||
Company Snapshot
Capital Structure | Mangaroon REE & Au (100%) | |||||||
ASX Code | DRE | ~4,900km2 in the Gascoyne, WA | ||||||
25km from Yangibana REE Ironstones Project (Hastings - $450m) | ||||||||
only | $0.065 | |||||||
Share Price (28/07/2022) | High-grade, high NdPr, large scale ironstones similar to Yangibana | |||||||
Shares on Issue | 2,838.7M | |||||||
Six carbonatites to be tested for Mt Weld style (Lynas - $7,500m) | ||||||||
Market Cap (diluted) | $184.5M | Mangaroon Ni-Cu-PGE (FQM earning up to 70%) | ||||||
Cash (30/06/2021) | ~$2.5M | |||||||
~1,100km2 in the Gascoyne, WA | ||||||||
Unlisted Options (various strike prices) | 77.5M | |||||||
FQM to spend $15M for 51% and 70% upon decision to mine | ||||||||
use | ~32% | High tenor Ni-Cu-PGE confirmed | ||||||
Top 20 Shareholders | ||||||||
Board / Management Cash Investment | ~$1,300,000 | Tarraji-YampiCu-Ag-Au-Co-Ni-PGE (100%, E04/2315 80%) | ||||||
Board / Management Shareholding | ~17% | ~2,400km2 in the West Kimberley, WA | ||||||
Board & Management | Outcropping mineralisation, unexplored since 1978 | |||||||
Paul Chapman | Non-Executive Chairman | Orion Cu-Ag-Au-Co massive sulphide discovery | ||||||
ersonal | Managing Director | |||||||
Dean Tuck | Central Yilgarn Gold-BaseMetal-LCT-Iron Ore (100%) | |||||||
I n Gordon | Non-Executive Director | |||||||
~1,600km2 covering ~150km strike over four greenstone belts | ||||||||
Paul Payne | Non-Executive Director | |||||||
Technical & commercial review underway | ||||||||
Jessamyn Lyons | Company Secretary | |||||||
Matt Crowe | Exploration Manager | |||||||
Frank Murphy | Operations Manager | |||||||
Nick Chapman / Luke Blais / Sam Busetti | Senior Geologists | |||||||
ASX:DRE | WWW.DREADNOUGHTRESOURCES.COM.AU | 3 | ||||||
ersonal use only
Mangaroon REE & Au (100%)
Mangaroon Ni-Cu-PGE (FQM Earn-In)
ASX:DRE | WWW.DREADNOUGHTRESOURCES.COM.AU | 4 |
ersonal use only
Mangaroon
Background
• ~4,900km2 first mover land package in the Proterozoic aged Gascoyne mobile belt
REE: Ironstones & Carbonatites (100%)
• 25km to Hastings Yangibana REE Project, 27.4Mt @ 0.97%
TREO (0.46% NdPr)
• Ironstones: high-grade, high NdPr, large scale, similar to Hastings ($400m)
• Carbonatites: possible Mt Weld style (Lynas $7,500m)
• 2022: initial JORC Resource, ongoing ironstone drilling, six carbonatites tested
Ni-Cu-PGE:Ni-Cu Sulphides (FQM earning up to 70%)
• FQM earning 51% by spending $15M and a further 19% by sole funding to a Decision to Mine
• First 9 out of 12 drill holes intersected Ni-Cu sulphides, assays pending
ASX:DRE | WWW.DREADNOUGHTRESOURCES.COM.AU | 5 |
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Dreadnought Resources Ltd. published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 00:23:01 UTC.