Dreadnought Resources Limited (AU:DRE) has released an update.
Dreadnought Resources Limited has announced the acquisition of a promising 300km2 area along the Mangaroon Shear Zone, with an initial high-grade gold Exploration Target within the existing Mining Lease. An open-pit conceptual model supports moving to commercialisation by outsourcing funding, development, and processing, with discussions already underway with Black Cat Syndicate for processing at their facility. The consolidation marks a significant step for the company, enabling them to deploy modern exploration techniques for the first time in an area with historical mines and high-grade gold occurrences.
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