Another astonishing catalogue of activity from DRE. They just have so much much happening, and so many exciting prospects.
The Mangaroon Carbonatite drill program originally planned for April is now about to start (as per today's latest Ann). As the Quarterly Report says - "The identification and confirmation of mineralised carbonatite intrusions has the potential to be a game changer for the region." That could be a major understatement. First it looked as though DRE might have "the other half" of Hastings' Yangibana project, when they found the unexpected ironstones at Yin. Now there is a good chance that both Yangibana and Yin are just small outliers of the main mineralisation - all of which looks to be in DRE's Mangaroon footprint.
So the drill results for these apparent carbonatite intrusions will be extremely interesting. Also the drill results from the May drill program at Yin.
Plus we have significant prospects for Nickel at the Money Intrusion prospect at Mangaroon, plus gold as well at Mangaroon.
That would be more than enough for most junior explorers but for DRE it's just the start. Iron, gold, nickel, tantalum and lithium at Ilaara. So much to unpack there.
Tarraji/Yampi - huge potential in the sulphides they have detected. Nickel, gold, silver, cobalt....
The "Upcoming Newsflow" list is beyond impressive.
For my money DRE wins the "Junior Explorer Most Likely to Succeed" award - hands down.
Cheers
Dave
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