DRE 6.67% 1.6¢ dreadnought resources ltd

Ann: Noosa Mining Unearthed Conference Presentation, page-23

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    Today's presentation from Dean is per quoted link if anyone hasn't noticed (copy and paste the address into a new browser and should work).

    I'll watch again (multiple times) over the next few days, but from my notes taken while watching live today (mostly new info):



    KIMBERLEY:

    - Orion results due in the next couple of days (you'd think Monday morning?)

    - 19 holes hit massive to semi-massive sulphide (plenty of copper, silver, gold, cobalt)

    - resources from Orion and Grant's to come

    - hitting gossans from under 1m depth/cover, and 10-12 meters below that hitting supergene mineralisation

    - Orion drilled to 150m depth (250m strike)
    - geophysics showing it goes down to 500m
    - grade and thickness getting better with depth
    - next campaign will drill it down to 500m depth (resource drill out)

    - just finished airborne mag survey over Yampi



    MANGAROON:

    - Dean going up to Mangaroon on Monday (team going on Friday)

    - airborne mag survey should be finished this weekend over the Rare Earths area (hopefully lights it up)

    - Dean & Chappy hauled 60-80kg's of rocks from the project, to do the flotation testing/work (Rare Earths)
    -- Dean's wife was there again helping out (guess it'll be Xmas holidays sampling fun with the wife again? hehe -- but, as they say: behind every great man, there's a great woman, so good on her for being supportive of Dean and the Team and DRE/being a part of it!

    - drilling Rare Earths as soon as possible (next quarter)


    - First Quantum nickel-copper JV; has potential to have high-grades like Eagle in USA (5-6% nickel, 5-6% copper!), going off the sulphides sticking out of the ground (high-tenor)
    -- it's what got First Quantum interested

    - currently undertaking 12km of ground EM surveys on the Nickel-Copper targets and should light it up

    - environmental & heritage surveys underway

    - drilling next quarter



    ILLAARA:

    Before Xmas:
    - drilling Peggy Sue (Lithium, Tantalum) (close to RDT.ax's recent discovery at Mt Ida)

    - few more holes into Metzke's, down to 40m depth, to enable completion of resource estimate

    - also likely a few holes into the Iron Ore prospect(s) too



    OTHER:

    - "10 bags delivered, another 10 bags to be delivered" (since this team took over, about 2 years ago)

    - each of the 3 projects could be a stand-alone company in its own right

    - will be delivering multiple discoveries, and multiple resources, across a range of commodities, that the world needs

    - super excited, confident, and can't wait to show the results to the market



    Sounds good to me!


    I'll add anything else that I've missed after I watch the replay.


    Cheers,

    GB.
 
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