DRE 2.33% 2.2¢ dreadnought resources ltd

These assays further prove the significant scale and grade of...

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    These assays further prove the significant scale and grade of the YIN deposit, with the resource open in all directions with thick high grade results today from their southern most drilling showing very strong potential for strong mineralisation to continue to the south. DRE are currently drilling their Carbonatite targets with an update expected on their progress imminently, and whilst the carbonatites provide the potential for an additional significant discovery comparable to Mt Weld or Mountain Pass ($10b mc), it is important to not overlook the success and further potentially global significance of their already defined YIN discovery. The stock has been under some selling pressure of late, which seems to be more market related than anything, with today’s results being reassuring that the company is in the middle of uncovering a significant REE resource at a time where critical metal discoveries and supplies are incredibly strategic and important.
 
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