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.

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