REE mineralised carbonatite intrusions have been confirmed at C3 and C4

  • RC drilling of the C1-C5 rare earth element carbonatites at the 100% owned Mangaroon project is progressing well, consisting of both fence line drilling (80m spaced holes, average depth 165m) and wide spaced pattern drilling (160m x 160m, variable depth). To date, a 14-hole fence line program at C3 and C4 has been completed over a distance of ~2.3km. Pattern drilling of 69 vertical holes has commenced.
  • The initial fence line drilling at C3 and C4 has intersected mineralisation in 13 of the 14 holes drilled including mineralised intercepts up to 54m thick in two of those holes. In addition to REE, other commodities identified include phosphate, titanium, graphite and niobium. These positive results, so early in the program, confirm the potential of C1-C5 to host significant REE mineralisation.
  • The drill program over C1-C5 is expected to be completed in November 2022. The objective of this program was to gain an understanding of the geology of C1 to C5. Indications to date are that there is an association between magnetic intensity and the mineralisation. Following this program, infill RC and diamond drilling will be undertaken over mineralised areas including those already identified.
  • Samples from C3 and C4 have been dispatched for rush analysis and assays are expected in November 2022

Dreadnought Resources is pleased to announce that REE mineralised carbonatite intrusions have been confirmed at the C3 and C4 carbonatites. RC drilling is now underway at C3 and C4 as part of a wide-spaced, first-pass program comprising 83 holes for ~6,600m (14 angled fence line holes and 69 vertical holes).

Read the full announcement here