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An announcement from Dreadnought Resources Limited ( (AU:DRE) ) is now available.
Dreadnought Resources Limited has identified a significant gold-in-soil anomaly at its Steve’s Reward site within the Mangaroon Gold Project, measuring over 2,600 meters by 600 meters. This discovery, which remains open along strike, marks one of the largest anomalies at Mangaroon to date and could potentially lead to a major gold discovery, enhancing the company’s exploration strategy and positioning in the gold mining sector.
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 gold exploration and development. The company is engaged in discovering and developing gold deposits, with a particular emphasis on its Mangaroon Gold Project in the Gascoyne region of Western Australia.
Average Trading Volume: 5,745,701
Technical Sentiment Signal: Sell
Current Market Cap: A$55.87M
For a thorough assessment of DRE stock, go to TipRanks’ Stock Analysis page.