Dreadnought Resources: Receives final drill results ahead of Yin MRE

Dreadnought Resources Receives final drill results ahead of Yin MRE

  • Dreadnought Resources (DRE) confirms additional thick, high-grade rare earth mineralisation at its Yin discovery in Western Australia
  • The company has received the final results from its 120-hole drilling program that targeted the first three kilometres of Yin’s 16-kilometre-long mineralised strike
  • Highlighted results include 18 metres at 1.33 per cent total rare earth oxides (TREO) from 37 metres, including 10 metres at 2.15 per cent TREO from 40 metres
  • Managing Director Dean Tuck says the latest results are “exceptional” and all completed holes will be used to inform an upcoming maiden mineral resource estimate for Yin
  • DRE shares are up 1.6 per cent to trade at 9.6 cents at 11:18 am AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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