100m Thick Rare Earth Intercepts from 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 68 holes have been received from extensional and infill drilling at the Yin REE 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 infill drilling along just 10% of the Yin Ironstone Complex continues to surprise with thicker, higher NdPr:TREO ratios, and higher grades than what was seen in first pass and initial Resource drilling. Significantly, the infill drilling has started identifying areas within the original Yin Resource that contain higher
NdPr:TREO ratios and thicker intercepts, both of which will be welcomed inclusions in our Resource update which remains on track for November. Drill intercepts from YINRC426 and YINRC402 are two of the thickest and most significant intercepts to date and YINRC371 delivering the highest NdPr: TREO mineralisation to date highlighting that infill drilling has delivered on the upside.”

View the full report here.