Dreadnought Resources (ASX: DRE) has identified significant mineralisation at both the Stinger and Rocky Road zones in recent drilling at the 100% owned Gifford Creek Carbonatite, part of the 100% owned Mangaroon Nb-REE project, located in the Gascoyne Region of Western Australia.
Managing Director, Dean Tuck, said the100% owned Mangaroon has been confirmed as a globally significant critical minerals complex with proven potential for rare earths (REE), niobium (Nb), scandium (Sc), titanium (Ti) and phosphorous (P).
“The Gifford Creek Carbonatite has produced some of WA’s best niobium intercepts outside the Arunta Province and this programme has delivered our thickest and highest-grade intercept to date,” Mr Tuck said.
“These results support our staged approach to assessing the Gifford Creek Carbonatite and highlight the significant potential at the Stinger zone to host high-grade mineralisation. Next steps at Stinger include assessment of oxide mineralisation and identifying the fresh rock source of the niobium. We continue to see the potential for Mangaroon to evolve as a multi- commodity critical metals hub within proximity to existing infrastructure. We look forward to receiving the remaining assays from this programme.”
Recent mineralogical work at the Gifford Creek Carbonatite has confirmed the presence of pyrochlore, which is a high niobium mineral (>50%) from which ~95% of global niobium is produced.
