DRE 13.3% 1.7¢ dreadnought resources ltd

Ann: Trading Halt, page-76

  1. 1,463 Posts.
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    Happy to stand corrected.

    I do like this;
    "To date, 530 RC holes and 41 diamond holes have been drilled along the Yin REE Ironstone Complex and C1-C7 Carbonatites. The first year of drilling has delivered 9 ironstones discoveries, including a large-scale independent Resource and significant REE-Nb-Ti-P-Sc mineralisation at the C1-C5 carbonatites. This Resource update of 20.06Mt @ 1.03% TREO covers ~4kms of the Yin REE Ironstone Complex (an addition of 1 km of strike) and is based on 160 RC drill holes (17,787m) and 28 diamond drill holes (2,791.4m) drilled between June 2022 and April 2023. Importantly the Resource is yet to include drilling at Y2, Yin North, Sabre and Y8 ironstones nor the C1-C7 carbonatites. The robust nature of this Resource is demonstrated by significant contained Nd+Pr at various cut-off grades with the lowest (0.20% TREO) approximating the cut-off used at the nearby Yangibana Project. Importantly, this update includes an initial Indicated Resource of 5.52Mt @ 1.23% TREO (NdPr:TREO of 28%) over just ~250m of strike."

    Only another 370 Results to come through with what they have Drilled so Far with more to be delivered.
    Resource based on 10%, of the so far identified Complex - ONLY 10% so can we say 200Mt smile.png
    Doesn't include Y2, Yin North, Sabre, Y8, OR C1-C7 - The Carbonatites are of great interest & if the source the Results to be ANN'd this month & next should be EPIC.


 
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