Carbonatites deliver thick, near surface REE results

Dreadnought Resources is pleased to announce assay results from the remaining 66 holes drilled at the end of the 2022 season continue to highlight large-scale REE-P2O5-Nb2O5-TiO2-Sc mineralisation at the C1-C5 carbonatites, part of the 100% owned Mangaroon Project, located in the Gascoyne Region of Western Australia.

In late 2022, 89 holes (8,948m) out of a ~260-hole RC drill program were completed over the C1-C5 carbonatites which had minimal outcrop and hence no definitive drill targets. This “first pass” program involved wide-spaced, mostly vertical holes looking to identify mineralisation in carbonatite intrusions considered to be the source of the large-scale Yin REE Ironstone Complex.

The program has already been an outstanding success with assays defining a ~600m x ~550m zone of REE-P2O5- Nb2O5-TiO2-Sc mineralisation at the C3 discovery. C3 is now subject to Resource infill RC drilling (24 holes) and remains open. A total of 7 of the infill holes have been completed with shallow, broad zones of multi-metals intersected (many ending in mineralisation).

Dreadnought’s Managing Director, Dean Tuck, commented:

“The carbonatites at Mangaroon continue to deliver significant REE-P2O5-Nb2O5-TiO2-Sc mineralisation. Despite only completing roughly a third of the planned first pass drilling, the large scale of the critical metal opportunity at Mangaroon is already apparent. We are excited to have two RC rigs on site and to be re-commencing our unfinished first pass drilling of the C1- C6 carbonatites. Our infill Resource drilling at C3 is also showing significant promise. The high-grade niobium intercepts may also be a sign of things to come as we infill the wide spaced drilling.”

See results here.