DRE 3.23% 1.5¢ dreadnought resources ltd

Ann: Cu-Au Drilling to Commence at Tarraji-Yampi, page-30

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  1. 5,764 Posts.
    lightbulb Created with Sketch. 8317
    Looks like the Niobium comparison to WA1/ENR has given us a kick up (and so it should), but I wonder if the buying is for the Niobium or the Kimberley Cu-Au drilling that's currently under way.


    DRE - TY - 11-06-24.jpg


    And I wonder if anyone that has just bought in for the Niobium knows about all the other irons in the fire that DRE has, including the current drilling at Tarraji-Yampi, which most of us have been waiting to get properly drilled for years.


    Anyway, hopefully we get some (more) of that black smoke shortly/anytime now from massive sulphide hits at Orion, and the other 5 targets that are being tested over the next 3-4 weeks at Tarraji-Yampi.

    And then we're back down to Mangaroon and drilling the REE-Niobium and seeing if we'll get even better hits than we currently have compared to ENR (which is valued at multiples of DRE), and something in-between ENR's & WA1's results (wouldn't that be nice).

    Upcoming schedule per your post, per Dean:

    "- We will deliver this Tarraji-Yampi program in June till early July.
    - We will then mobilise back down to Mangaroon and deliver the EIS co-funded REE-Nb drilling at the Gifford Creek Carbonatite, Cu-Zn-Ag-Au VMS, and gold drilling, which should take us into August
    - make some noise at Diggers.
    - At this point, we will have delivered a first round of Central Yilgarn, Tarraji-Yampi, and Mangaroon drill programs for 2024
    - based on the results from those programs, we will determine the next steps:
    -- Return to Tarraji-Yampi to follow up on a Cu-Au discovery?
    -- Continue chasing the Niobium or an emerging gold or Cu-Zn-Ag-Au discovery at Mangaroon or
    -- return to Central Yilgarn to follow up on Chicken Little and the other targets around T6.

    We certainly have some high-impact drilling programs in the coming months and should have plenty of news flow."


    And hopefully one (or more) deals get finalised shortly too, with the 13 parties that they're talking to.


    Cheers,

    GB.
 
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