DRE 4.76% 2.0¢ dreadnought resources ltd

Ann: Thick Mineralisation Continues at C3, 2022 Drilling Complete, page-19

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    Large sections of these carbs come in with commercial grades, and you can forget about this silly price. The brokers might have to sharpen the pencils again. This would supercharge DRE towards 40m tons with these hits. Remember, HAS is 0.9% and very commercial with multiple 10m hits. The key is not so much the TREO, it’s the NdPr and titanium. A carb like this is a bulk mining project. Lower grades can work with that. The first lot of carb hits are unlikely to the best. C6 looks like the best target of the lot. The deeper holes are also coming in.
 
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