Mineralised REE Ironstones Increased by 13kms to 43kms

Dreadnought Resources is pleased to announce that assays from regional surface sampling have extended the current strike of the Yin Rare Earth Element (“REE”) Ironstone Complex by 30% to ~43kms of strike at the 100% owned Mangaroon project, located in the Gascoyne Region of Western Australia.

As part of the regional sampling, two new REE ironstone trends have been identified (Y42 and Y9). Y42 has produced some of the highest NdPr:TREO ratios to date while Y9 significantly expands the scale of the Yin Ironstone Complex being located ~12kms northwest of Yin.

Additionally, surface sampling over the largely undercover C7 carbonatite has confirmed REE mineralisation similar to early results at the C3 and C4 carbonatites. Drilling of the Yin Ironstone Complex and the C1-7 carbonatites will commence in February/March 2023.

Dreadnought’s Managing Director, Dean Tuck, commented:

“These results further emphasise the ever-increasing scale of the critical metals at Mangaroon. With only one surface sampling program we have: increased the mineralised ironstones by over 40%; confirmed increasing NdPr:TREO ratios at Yin; discovered two new ironstones at Y9 and Y42; and confirmed that the C7 carbonatite is mineralised. With over 43kms of mineralised ironstones, a multi-metal, regional source at C3 and six more potential source carbonatites, we are extremely excited about what the drill rigs will deliver for us in 2023.”

Read the full report here.