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Dreadnought Resources Limited ( (AU:DRE) ) has shared an update.
Dreadnought Resources Limited has completed a 28-hole reverse circulation (RC) drilling program at Steve’s Reward within the Mangaroon Gold project, revealing promising mineralized structures and quartz-sulphide veining. The company has dispatched samples for rush assay, with results anticipated by October 2025. The drilling program aims to explore new mineralized trends and extend known gold-in-soil anomalies, potentially enhancing Dreadnought’s resource base and market positioning. The ongoing exploration at other prospects, including Cullen’s Find, Midday Moon, and Midnight Star, further underscores Dreadnought’s commitment to expanding its gold resource portfolio.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 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 a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold exploration, with a significant focus on its Mangaroon Gold project located in the Gascoyne region of Western Australia.
Average Trading Volume: 11,877,509
Technical Sentiment Signal: Buy
Current Market Cap: A$228.6M
Find detailed analytics on DRE stock on TipRanks’ Stock Analysis page.