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The latest announcement is out from Dreadnought Resources Limited ( (AU:DRE) ).
Dreadnought Resources Limited has resumed reverse circulation (RC) drilling at its Mangaroon Gold Project, targeting the discovery of new gold resources and adding near-term production ounces. The drilling program, covering approximately 6,400 meters across various sites, aims to enhance the company’s resource base and potentially lead to significant gold discoveries. This initiative aligns with Dreadnought’s strategy to become a self-funded explorer, with expectations for consistent news flow and progress in advancing the Star of Mangaroon into production. The drilling results, anticipated in October and November 2025, could impact the company’s operations and industry positioning by expanding its resource base and production capabilities.
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 primarily on gold exploration and production. The company is engaged in discovering and developing gold resources, with a specific emphasis on its Mangaroon Gold Project located in the Gascoyne region of Western Australia.
Average Trading Volume: 8,532,740
Technical Sentiment Signal: Buy
Current Market Cap: A$127M
Find detailed analytics on DRE stock on TipRanks’ Stock Analysis page.