DRE dreadnought resources ltd

Ann: High Grade Gold Lode Extended - Mangaroon, page-37

  1. 5,998 Posts.
    lightbulb Created with Sketch. 8843
    Gold $4,800+ now - so good (gives $53.4M free casfhlow from just the initial 20koz from the Star).

    Even a $3,800 price is still really good, and gives $34.4M free cashflow from the initial 20koz.

    Drilling starting in March (ie. within next 5 trading days), adding more ounces for gold production.

    Quick/shallow drilling, and it's super-high grade (ie. 10-50g/t Au), so might get a quick "visible gold update", if they want to play that card.

    Cheers,

    GB.





    PoG - 24-03-25.jpg
 
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