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ASX:DRE

9 stories mentioning ASX:DREUpdated 13d ago

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Asia

Dreadnought Resources Identifies Gold Mineralization at Western Australia Project; Shares Up 3%

Dreadnought Resources (ASX:DRE) said it identified gold mineralization during a recent drilling at Metzke's Find and discovered the new Metzke's North prospect, both part of its Illaara Gold Project in Western Australia, according to a Wednesday Australian bourse filing.The results were up to 4 meters at 6.6 grams per tonne gold from 87 meters, including 1 meter at 23.1 grams per tonne gold from 88 meters, with all results outside the existing high-grade resource.The company said the results will further update and upgrade the Metzke's Find resource, with a resource update planned for July and an updated study to follow, while a reverse circulation and diamond rig will mobilize in July to extend Metzke's North, extend Metzke's Find at depth and produce material for metallurgical and geotechnical studies.The company's shares were up 3% in recent Wednesday trade.

ASX:DRE
Asia

Dreadnought Resources Secures Western Australia Mining Lease

Dreadnought Resources (ASX:DRE) secured a mining lease for Metzke's Find, within the Illaara project in Western Australia, according to a Monday filing with the Australian bourse.Metzke's Find hosts a resource of 14,900 ounces graded at 6.8 grams per tonne of gold, currently being expanded through a drilling program, the filing said.Further assay results from resource extension drilling are anticipated in June, per the filing.

ASX:DRE
Asia

Dreadnought Signs Deal to Divest Western Australia Tenement Option to Catalina Resources

Dreadnought Resources (ASX:DRE) entered into a binding heads of agreement with Catalina Resources (ASX:CTN) to divest its option over tenements in Western Australia's Mid-West region, according to a Thursday filing with the Australian bourse.The consideration includes AU$100,000 in cash, AU$200,000 in Catalina shares issued at AU$0.055 apiece, and a deferred payment of 50% of net proceeds capped at AU$500,000 if the tenements are disposed of within 12 months of completion, payable in cash or shares at Catalina's discretion, the filing said.Completion depends on Catalina raising at least AU$3 million through a two-tranche placement and securing all required shareholder approvals, the filing added.Catalina's shares jumped about 16% in recent Thursday trade.

ASX:CTNASX:DRE
Asia

Dreadnought Resources Starts Soil Sampling Program at Western Australia Project; Shares Up 6%

Dreadnought Resources (ASX:DRE) started a soil sampling program at the Mangaroon project in Western Australia to define gold and pathfinder elements at the High Range North, High Range Northwest, High Range South, Minga Bar, and Bordah camp scale targets, according to a Wednesday filing with the Australian bourse.Work is expected to be completed in June, with results expected in July, the filing said.Shares rose 6% in midday trade on Wednesday.

ASX:DRE
Asia

Dreadnought Resources Reports 'Exceptional' Metallurgical Test Results From Western Australia Project; Shares Rise 6%

Dreadnought Resources (ASX:DRE) reported "exceptional" metallurgical test results from Metzke's Find, part of the Illaara gold project in Western Australia, according to a Monday Australian bourse filing.The results confirm the extraction method to be used for the mineralization at Metzke's Find and provide input for a study, the company said.The company said combined gravity and carbon-in-leach recoveries averaged about 99% from five composite samples representing various grades.Dreadnought Resources' shares rose nearly 6% in recent trading on Monday.

ASX:DRE
Asia

Dreadnought Resources Completes Reverse Circulation Drilling at Western Australia Project

Dreadnought Resources (ASX:DRE) completed a reverse circulation drilling program covering about 4,800 meters at Metzke's Find, within the Illaara project in Western Australia, according to a Tuesday filing with the Australian bourse.The program was designed to add ounces to the resource along strike and at shallow depths, as well as upgrade more of the resource to the indicated category, the filing said.First results are expected to be received in May, per the filing.

ASX:DRE
Asia

Dreadnought Resources Continues to Advance Gold Strategy in March Quarter; Shares Up 10%

Dreadnought Resources (ASX:DRE) continued to advance its Finding More Gold, Faster strategy in Western Australia during the quarter ended March 31, according to a Monday filing with the Australian bourse.The company secured a key regulatory approval for the mine development and closure proposal for open pit mining at the Star of Mangaroon project during the quarter, the filing said.Additionally, the company yielded high-grade results at the Illaara project to expand the current resource along strike and produce material for metallurgical test work.Shares rose 10% in afternoon trade on Monday.

ASX:DRE
Asia

Dreadnought Resources Secures Key Mining Approval for Open Pit at Western Australia Gold Project, Shares Soar 16%

Dreadnought Resources' (ASX:DRE) mine development and closure proposal for an open pit at the Star of Mangaroon, part of the Mangaroon gold project in Western Australia, received regulatory approval, according to a Thursday Australian bourse filing.It expects to receive the native vegetation clearing permit shortly.Its shares rose 16% in recent trading on Thursday.

ASX:DRE
Asia

Dreadnought Resources Finds High-Grade Critical Minerals Mineralization at Western Australia Project

Dreadnought Resources (ASX:DRE) said it found high-grade critical minerals mineralization during a recent drilling at its Stinger critical metals deposit, part of the Gifford Creek carbonatite complex in Western Australia, according to a Monday Australian bourse filing.The results were of up to 22.3 meters at 1.3% niobium pentoxide from 71.6 meters, including 10.4 meters at 2.1% niobium pentoxide from 71.6 meters, the filing added.The company said all holes have extended mineralization at Stinger, which remains open to the north and northwest, with an updated niobium JORC exploration target to be prepared and expanded to include potential critical metal by-products.Metallurgical test work at Stinger and the wider Gifford Creek to date shows promise of being commercial, the filing added.

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