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Dreadnought Resources Ltd (ASX:DRE)

ALERT: Price-sensitive ASX Announcement for DRE
Current share price for DRE : $0.013 -0.001 (-7.14%)+
Announcement
Release
27 Jul 2026 9:51AM
Price at Release
$0.014
Full Release
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Summary
Dreadnought Resources Ltd's Quarterly Activities Report for the quarter ending June 30, 2026, highlights key exploration and corporate developments. The company secured a granted Mining Lease and confirmed high-grade gold recoveries at its projects, including a major milestone at Metzke’s Find. Significant rare earth elements (REE) and niobium (Nb) grades were reported at the Mangaroon Critical Metals Project. Corporate activities included maintaining strong shareholder support and a solid financial position with $15,702,000 in available funds. No new equity was issued, and a divestment of the Mid-West Option was completed while maintaining exposure to potential success.
Key Points
  • Secured a granted Mining Lease, advancing towards commercialisation.
  • Confirmed high-grade gold recoveries at Metzke’s Find.
  • Reported significant REE and Nb grades at Mangaroon Project.
  • Maintained strong financial position with $15.7 million in available funds.
  • Completed divestment of the Mid-West Option while retaining success exposure.
  • No new equity was issued during the quarter.
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.