Dreadnought Resources Limited (AU:DRE) has released an update.
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Dreadnought Resources Limited has entered into a promising Farm-In and Joint Venture agreement with Teck Resources to advance exploration at its Bresnahan Project in Western Australia. Under the agreement, Teck can earn up to an 80% interest by investing $3.25 million in exploration over two phases. This partnership aligns with Dreadnought’s strategy to become a self-funded explorer focused on gold exploration.
For further insights into AU:DRE stock, check out TipRanks’ Stock Analysis page.