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Dreadnought Resources Ltd (ASX:DRE)

ALERT: Price-sensitive ASX Announcement for DRE
Current share price for DRE : $0.012 -0.003 (-17.24%)+
Announcement
Release
12 Aug 2026 8:18AM
Price at Release
$0.015
Full Release
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Summary
Dreadnought Resources Ltd has reported a significant exploration update from their Mangaroon Gold Project in Western Australia, highlighting the definition of a 15 km long gold-in-soil anomaly along the Minga Bar shear zone. This anomaly spans across notable locations such as Cullen's Find, Midday Moon, and Midnight Star, presenting opportunities to expand mineralisation beyond previous reconnaissance drilling results. The company plans further detailed mapping and sampling to refine and prioritize drill targets by late 2026 or early 2027. These efforts align with Dreadnought's strategy to expedite large-scale gold discoveries, complementing their parallel air core program at Illaara.
Key Points
  • 15 km long gold-in-soil anomaly defined along Minga Bar shear.
  • Anomalies extend between Cullen's Find, Midday Moon, and Midnight Star.
  • Plans for further mapping and sampling to prioritize drill targets.
  • Focus on making large-scale gold discoveries.
  • Parallel exploration efforts with air core program at Illaara.
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.