Bresnahan (100%) Acquisition & Consolidation
Dreadnought Resources Limited (“Dreadnought”) is pleased to announce that it has entered into an agreement to acquire 100% of two tenements covering ~20kms2 strategically located within Dreadnought’s 100% owned HREE-Au-Ag-Sb Bresnahan project located in the Ashburton Region of Western Australia.
The acquisition, when completed, represents a significant regional consolidation over a highly prospective area. Dreadnought’s Managing Director, Dean Tuck, commented: “The acquisition, when completed, closes a significant gap in our tenement position at Bresnahan. We already have a dominant position in the region and we see these tenements as important to our short and long term strategy for Bresnahan.
We will be including existing and future targets on the tenements into our existing work programs in the region.”