DRE 5.88% 1.6¢ dreadnought resources ltd

Ann: Gold Coast Investment Showcase Presentation, page-15

  1. 5,719 Posts.
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    Thanks for posting the link - just watched it (and will of course watch many more times).

    He is super excited about the Rare Earths and can't believe what the first few holes delivered:

    - 33m @ 2.5% TREO
    - 34m @ 2.9% TREO

    In comparison he states that the best result that HAS got in 14 years was:

    - 24m @ 1.8% TREO

    And we know that the majority/average of HAS's intersections is a few meters in width.


    How spoilt is DRE to have projects such as Mangaroon and Kimberley competing for that number 1 spot in DRE's portfolio (and Illaara could be a flagship project for most companies too).


    Dean, on the Kimberley/Orion & Friends:

    “Once we’re finished drilling at Mangaroon (Rare Earths – discovery confirmation & resource drill-out), we’re taking our RC rig + 2 diamond rigs up to the Kimberley (plus the auger rig), to chase Orion at depth, start to put some scale on that, put a resource around it, and also at Grant’s which is next door.”


    And as mentioned earlier on here, he promised multiple resources this year (Metzke's not far away, plus the Rare Earths later in the year, and then Orion & Friends).


    Until then, it's drill drill, trading halt, results, rinse and repeat?


    Cheers,

    GB.
 
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