Australia's Dreadnought Resources hits over three-week high on REE mineralization

Dreadnought Resources

03/04/2023 02:28

** Shares of Dreadnought Resources Ltd  DRE.AX  rise as much
as 10.9% to A$0.071, hit their highest level since March 10
    ** The gold miner says holes drilled at the end of the 2022
season at its 100%-owned Mangaroon Project, located in the
Gascoyne Region of Western Australia, continue to highlight
large-scale Rare Earth Elements (REE) mineralization 
    ** Says while first Reverse Circulation (RC) rig will
continue drilling along the ironstone Exploration Target, a
diamond rig has commenced metallurgical drilling at the Yin
Resource
    ** Dreadnought stock down 39.1% this year, as of last close
 

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))