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Dreadnought Resources Ltd (ASX:DRE)

ALERT: Price-sensitive ASX Announcement for DRE
Current share price for DRE : $0.014 -0.004 (-22.22%)+
Announcement
Release
6 May 2026 8:14AM
Price at Release
$0.018
Full Release
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Summary
Dreadnought Resources Ltd is progressing with target definition work at the Mangaroon Gold Project, located in the Gascoyne region of Western Australia. The exploration program includes soil sampling and geophysical surveys across several camp scale targets such as High Range North, High Range Northwest, High Range South, Minga Bar, and Bordah. Initial results from soil surveys have identified significant gold-in-soil anomalies, particularly at High Range North and Steve’s Reward. The company plans to complete target definition work by June 2026, with results expected in July 2026. This effort is part of Dreadnought’s strategy to make a large-scale gold discovery and enhance the viability of the Mangaroon Project as a self-funded exploratory initiative.
Key Points
  • Target definition work underway at Mangaroon Gold Project
  • Soil sampling and geophysical surveys at camp scale targets
  • Significant gold-in-soil anomalies identified at High Range North
  • Steve’s Reward shows extended gold-in-soil anomalism
  • Completion of target work expected by June 2026
  • Results anticipated in July 2026
  • Project aims to support self-funded exploration strategy
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.