Dreadnought Resources Secures $120,000 Grant for Mangaroon Gold Exploration

An update from Dreadnought Resources Limited ( (AU:DRE) ) is now available.

Dreadnought Resources Limited has been awarded a $120,000 co-funded RC drilling grant under the Exploration Incentive Scheme for its Mangaroon Gold Project. This grant will support initial drilling at the Inevitable Cu-Au target within the Bordah gold camp, which shows strong potential for significant mineralization. The drilling, set to commence in June 2025, aims to explore multiple electromagnetic conductors and sub-cropping gossans, potentially enhancing the company’s exploration success and positioning in the industry.

More about Dreadnought Resources Limited

Dreadnought Resources Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. Their primary products include gold and base metals, with a market focus on the Gascoyne region of Western Australia. The company is engaged in projects like the Mangaroon Gold Project, aiming to discover and develop mineral deposits.

YTD Price Performance: 16.67%

Average Trading Volume: 8,724,878

Technical Sentiment Signal: Buy

Current Market Cap: A$67.39M

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