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HomeFinTechDreadnought Resources: Reports fresh “thick, near-surface” REEs at Mangaroon, WA

Dreadnought Resources: Reports fresh “thick, near-surface” REEs at Mangaroon, WA

Dreadnought Resources Reports fresh “thick, near-surface” REEs at Mangaroon, WA

  • Dreadnought Resources (DRE) announces new “thick, near-surface” rare earth element assay results from recent drilling work at its Mangaroon project in WA
  • The results come from the remaining 66 holes of an 89-hole program completed at the C1-C5 carbonatites in late-2022
  • The top results include 0.57 per cent total rare earth oxides (TREO) over a 195-metre interval from just six metres deep
  • DRE will now complete a 24-hole resource infill reverse circulation (RC) drilling program at the C3 area as it works to finish its planned 260-hole program
  • DRE shares are up 6.25 per cent and trading at 6.8 cents at 12:29 pm AEST
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