High-Grade Rare Earth & Niobium Zones at C3 & C5 – Mangaroon (100%)
Dreadnought Resources Limited (“Dreadnought”) is pleased to announce assay results for 18 infill RC holes which 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.
Dreadnought’s Managing Director, Dean Tuck, commented: “Infill drilling of the C3 carbonatite has achieved a major objective by demonstrating the potential for thick, high-grade zones of rare earths and niobium. Ongoing drilling along the ~6.5kms x 1km of carbonatites could well deliver additional high-grade zones. Despite only completing a third of the 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 ongoing first pass drilling of the carbonatites. 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.”