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An update from Dreadnought Resources Limited ( (AU:DRE) ) is now available.
Dreadnought Resources Limited has submitted a mining lease application for the Metzke’s Find gold deposit, part of its Illaara Gold Project in Western Australia. This application is based on a high-grade resource and aims to extend mineralization and support infrastructure for an open-pit mine. The company plans to commence drilling in November 2025, aligning with its strategy to expedite gold production and enhance its market position.
More about Dreadnought Resources Limited
Dreadnought Resources Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and advancing high-grade gold resources, with a strategic emphasis on becoming a self-funded explorer and achieving near-term production.
Average Trading Volume: 15,875,958
Technical Sentiment Signal: Buy
Current Market Cap: A$184.6M
See more data about DRE stock on TipRanks’ Stock Analysis page.