Dreadnought Resources: Confirms Sabre and Y8 ironstone discoveries, WA

Dreadnought Resources Confirms Sabre and Y8 ironstone discoveries, WA

  • Dreadnought Resources (DRE) confirms Sabre and Y8 ironstone discoveries within its Mangaroon project in Western Australia
  • The company received drill results for 38 holes completed at the two areas which make up roughly half of the 30-kilometre strike along the Yin ironstone complex
  • Highlights from the results involve nine metres at 1.02 per cent total rare earth oxide (TREO) from seven metres, including one metre at 7.01 per cent TREO from 12 metres
  • The company plans to recommence drilling at the project by March
  • DRE shares are up 1.01 per cent to trade at 10 cents at 2:01 pm 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.

You May Also Like

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...