Mangaroon Drilling Yields 4m at 4.1g/t Gold and 122m at 0.6% Nb2O5
Dreadnought Resources has completed a comprehensive drilling campaign at its Mangaroon project, revealing encouraging gold intercepts at Steve’s Reward and significant niobium mineralisation at Stinger. Further assay results are anticipated in the coming months, underpinning the company’s push towards open pit mining.
- 77-hole, 6,715m RC and diamond drilling program completed
- Encouraging gold results from Steve’s Reward prospect
- Niobium and rare earth element assays pending from Stinger deposit
- Star of Mangaroon grade control drilling underway for 2025 mining start
- Next drilling phase scheduled for early September 2025
Comprehensive Drilling Wraps Up at Mangaroon
Dreadnought Resources Ltd has announced the completion of an extensive 77-hole drilling program across its 100% owned Mangaroon Gold and Gifford Creek Critical Metal Projects in Western Australia’s Gascoyne region. The campaign, comprising 68 reverse circulation (RC) holes and 9 diamond drill holes totaling 6,715 meters, targeted multiple gold prospects including Steve’s Reward, Star of Mangaroon, Popeye, and Lesgo, alongside critical metals at the Stinger niobium deposit.
Early Gold Results Spark Optimism
Initial assay results from Steve’s Reward, released in July 2025, have delivered promising gold intercepts such as 4 meters at 4.1 grams per tonne (g/t) gold starting from 6 meters depth, including a higher-grade 2 meters at 6.8 g/t. Multiple other intercepts confirm the presence of near-surface mineralisation, reinforcing the prospect’s potential. Results from other gold targets including Popeye, Lesgo, and Star of Mangaroon are expected imminently, with grade control drilling at Star of Mangaroon scheduled to report in September.
Critical Metals Exploration Gains Momentum
At the Stinger niobium deposit within the Gifford Creek Carbonatite complex, diamond drilling co-funded by a Western Australian government Exploration Incentive Scheme grant has yielded significant intercepts. Highlights include 122 meters at 0.6% Nb2O5 with zones exceeding 1% niobium pentoxide, alongside substantial rare earth elements (REE), phosphorus, titanium, and zirconium mineralisation. These results are currently under expert review, with detailed assays and mineralogical studies expected by October 2025.
Strategic Path to Production and Further Exploration
Dreadnought’s Managing Director, Dean Tuck, emphasized the company’s strategy to transition into a self-funded explorer by outsourcing mining and processing operations. The focus remains on commencing open pit mining at Star of Mangaroon within 2025, supported by detailed grade control drilling to refine resource estimates. The next phase of RC drilling is planned to start in early September, targeting extensions at Steve’s Reward and other prospects such as Midnight Star and Cullens, aiming to expand the project’s footprint and resource base.
A Large-Scale Project with Significant Upside
The Mangaroon project covers approximately 5,000 square kilometers along a major shear zone with a history of gold production and numerous mineral occurrences. Dreadnought is applying modern exploration techniques to unlock potential beneath shallow cover, with early results indicating shallow, high-grade gold mineralisation and critical metals that could position Mangaroon as a significant multi-commodity asset in Western Australia.
Bottom Line?
With key assay results pending and mining plans advancing, Dreadnought’s Mangaroon project is poised for a pivotal phase that could reshape its exploration and development trajectory.
Questions in the middle?
- How will forthcoming assay results from Popeye, Lesgo, and Star of Mangaroon influence resource estimates?
- What are the implications of the niobium and rare earth element grades at Stinger for project economics?
- How soon can Dreadnought secure approvals and finalize processing agreements to commence mining?
