Thick, High-Grade Rare Earths Continue at Yin – Mangaroon (100%)
Dreadnought Resources Limited (“Dreadnought”) is pleased to provide a drilling update from the 100% owned Mangaroon Project, located in the Gascoyne Region of Western Australia.
Assays for 59 holes have been received from extensional and infill drilling at the Yin Ironstone Complex (“Yin”). The high-grade neodymium and praseodymium (“Nd2O3+Pr6O11” or “NdPr”) results further demonstrate the global significance of the rare earths (“REE” or “TREO”) at Mangaroon.
Dreadnought’s Managing Director, Dean Tuck, commented: “The high-grade NdPr or “payable” results underscore the global significance of Yin. We are also seeing the effectiveness of Dreadnought’s regional geology model; the likely conversion of the large-scale Exploration Target; and the Resource intensity of Yin. The addition of high NdPr:TREO mineralisation north of the current Yin Resource remains highly encouraging as we look to include that material in our next Resource update. With Resource drilling nearly complete, we have returned to the C1-C5 carbonatites in search of further zones of high-grade rare earths and niobium and we look forward to additional discoveries within this highly prospective and fertile intrusive complex.”