Dreadnought Resources announces significant niobium mineralisation at Gifford Creek Carbonatite

Dreadnought Resources Limited (ASX: $DRE) has announced the results from mineralogical work related to niobium at the Gifford Creek Carbonatite, part of the 100% owned Mangaroon Critical Minerals Project, located in the Gascoyne Region of Western Australia. Recent findings have confirmed the presence of high-grade niobium mineralisation, including pyrochlore, with significant intercepts from limited drilling, indicating the potential for significant, high-grade discoveries in niobium or rare earths.

Executive Commentary on Gifford Creek Carbonatite Niobium Potential

Dreadnought's Managing Director, Dean Tuck, expressed enthusiasm about the recent mineralogical work, stating, 'The Gifford Creek Carbonatite has produced some of Western Australia's best Niobium intercepts outside the Arunta Province. We see the potential for Mangaroon to continue to evolve as a multi-commodity critical metal hub within close proximity to existing infrastructure with mutual benefit to pastoralists, existing ports and neighboring projects. We remain confident of the potential for significant, high-grade discoveries in niobium or rare earths and potentially other critical metals.'

Summary of Niobium Potential at Gifford Creek Carbonatite

The recent mineralogical work at the Gifford Creek Carbonatite has confirmed the presence of high-grade niobium mineralisation, particularly pyrochlore, with significant intercepts from limited drilling. This discovery positions the Gifford Creek Carbonatite as a potential multi-critical mineral mix of co-products, including rare earths, niobium, scandium, and titanium. With the receipt of a GSWA Exploration Incentive Scheme grant to co-fund RC drilling of the Gifford Creek Carbonatite, Dreadnought Resources is poised to target areas of deeper weathering where niobium and rare earth elements appear to accumulate. The company's Managing Director expressed confidence in the potential for significant, high-grade discoveries in niobium or rare earths and potentially other critical metals, with high priority targets set to be RC drilled in 2024.