Dreadnought Resources reports significant niobium mineralisation at Gifford Creek Carbonatite

Dreadnought Resources Limited (ASX:DRE) has announced the results from recent drilling at the 100% owned Gifford Creek Carbonatite, part of the 100% owned Mangaroon Nb-REE project, located in the Gascoyne Region of Western Australia. The drilling program has identified significant mineralisation at both the Stinger and Rocky Road zones, with thick niobium intercepts including 50m @ 0.9% NbO5 from 49m, including 20m @ 1.3% NbO5 from 56m at the Stinger zone. The Managing Director, Dean Tuck, expressed satisfaction with the results, highlighting the potential for Mangaroon to evolve as a multi-commodity critical metals hub within proximity to existing infrastructure.

Executive Commentary on Gifford Creek Carbonatite drilling results

The Gifford Creek Carbonatite has produced some of WA's best niobium intercepts outside the Arunta Province and this program has delivered our thickest and highest-grade intercept to date. These results support our staged approach to assessing the Gifford Creek Carbonatite and highlight the significant potential at the Stinger zone to host high-grade mineralisation. Next steps at Stinger include assessment of oxide mineralisation and identifying the fresh rock source of the niobium. We continue to see the potential for Mangaroon to evolve as a multi-commodity critical metals hub within proximity to existing infrastructure. We look forward to receiving the remaining assays from this program.

Summary of Gifford Creek Carbonatite drilling program

The recent drilling program at Gifford Creek Carbonatite has revealed significant niobium mineralisation at both the Stinger and Rocky Road zones, with thick niobium intercepts indicating the potential for high-grade mineralisation. The Managing Director, Dean Tuck, highlighted the potential for Mangaroon to evolve as a multi-commodity critical metals hub within proximity to existing infrastructure. The company anticipates further assays from the program and is optimistic about the outlook for the project.