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Dreadnought Resources Limited ( (AU:DRE) ) has shared an update.
Dreadnought Resources Limited has completed a comprehensive drilling program at its Mangaroon Gold and Gifford Creek Critical Metal Projects, which included 77 holes for gold and critical metals exploration. The program yielded promising results, particularly at Steve’s Reward, with significant gold intersections. The company plans to commence the next phase of gold exploration in September 2025, which could enhance its position in the mining sector and provide valuable insights for stakeholders.
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 operates in the mining industry, focusing on the exploration and development of gold and critical metals. The company is engaged in projects located in the Gascoyne region of Western Australia, with a market focus on gold and base metals, as well as critical metals like niobium.
Average Trading Volume: 5,318,806
Technical Sentiment Signal: Sell
Current Market Cap: A$60.95M
For a thorough assessment of DRE stock, go to TipRanks’ Stock Analysis page.