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Dreadnought Secures $1M Backing from Black Cat to Advance Star of Mangaroon
8:26am on Monday 3rd of February, 2025 AEDT
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Mining
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Dreadnought Secures $1M Backing from Black Cat to Advance Star of Mangaroon
8:26am on Monday 3rd of February, 2025 AEDT
Key Points
Entered $1M share subscription agreement with Black Cat at $0.01 per share
Secured first right to negotiate development of Star of Mangaroon gold project
Recent resource and scoping study targets ~20,000 ounces at 10 g/t Au with robust cashflow
Drilling planned from March/April 2025 to expand mineralisation and resource base
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