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The latest update is out from Dreadnought Resources Limited ( (AU:DRE) ).
Dreadnought Resources has identified a seventh camp-scale prospect, High Range Northwest, at its Mangaroon Gold Project after completing project-wide stream sediment sampling, adding to a portfolio of large gold prospects with strong pathfinder geochemistry. Several of these prospects show gold and pathfinder anomalies that are stronger or larger than those at the historically productive Star of Mangaroon area.
Target definition work has extended the Steve’s Reward gold-in-soil anomaly to about 4 km by 1 km and outlined more than 8 km of gold-in-soil anomalism at High Range North, marking the first gold-focused exploration in this belt. The company plans extensive soil sampling and mapping across High Range North, High Range Northwest, Steve’s Reward, Minga Bar and High Range South in March–April 2026, aiming to generate drill targets for the second half of 2026 and potentially advance a major large-scale gold discovery.
The most recent analyst rating on (AU:DRE) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
More about Dreadnought Resources Limited
Dreadnought Resources Limited is an Australian mineral exploration company focused on gold exploration at its 100%-owned Mangaroon Gold Project in Western Australia’s Gascoyne region. The company targets large-scale orogenic gold systems across multiple camp-scale prospects defined by geochemical anomalies and prospective lithostructural settings.
Average Trading Volume: 6,097,052
Technical Sentiment Signal: Sell
Current Market Cap: A$129.8M
Learn more about DRE stock on TipRanks’ Stock Analysis page.

