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DREADNOUGHT RESOURCES LTD Investor Presentation 2024

Aug 27, 2024

64785_rns_2024-08-27_1f4f0df7-6119-45e9-ba1d-6664c4277de2.pdf

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Finding the Metals for Our Future AUSTRALIAN GOLD CONFERENCE 28 AUGUST 2024

ASX: DRE

ASX: DRE

1

Disclaimer

Refer to Dreadnought announcements for JORC Table 1 and Table 2 for results and information contained in this presentation.

16 October 2023 100m Thick Rare Earth Intercepts from Yin 30 November 2023 Large, High Confidence Yin Ironstone Resource 6 December 2023 Gifford Creek REE-Nb-P-Ti-Sc Carbonatite Drilling Update 11 December 2023 Thick, High-Grade Gold Including 7m @ 23.0g/t Au 22 January 2024 Star of Mangaroon Extended 6 June 2024 Gifford Creek REE-Nb Carbonatite Update 18 June 2024 Tiger Cu-Au-Zn-Ag Gossan Confirmed over 500m 19 June 2024 Drilling Extended for Nb-REE and Cu-Au Targets

Central Yilgarn Project

27 April 2021 Illaara Update and Regional Target Generation 22 January 2024 Star of Mangaroon Extended 31 May 2021 Drilling Results – Illaara Au-Cu-Iron Ore Project 6 June 2024 Gifford Creek REE-Nb Carbonatite Update 7 July 2021 High-Grade Tantalum Results from Peggy Sue – Illaara Project 18 June 2024 Tiger Cu-Au-Zn-Ag Gossan Confirmed over 500m 1 August 2022 Completion of Acquisition – Central Yilgarn Project 19 June 2024 Drilling Extended for Nb-REE and Cu-Au Targets 1 November 2022 Successful Drill Results Across Multiple Metals 27 April 2022 Initial High-Grade Resource at Metzke’s Find Bresnahan REE-Au Project 8 February 2024 Seven Camp Scale Gold Prospects at Central Yilgarn 8 February 2023 Bresnahan Emerging As a Light & Heavy Rare Earth Province Kimberley Project 26 October 2023 Significant HREE, Gold & Uranium Potential

Kimberley Project

25 August 2021 RC Results from Orion, Grant’s Find & Fuso Indicate Large Cu-u-Ag-Co System 27 August 2021 Bonanza Grade Cu-Ag-Sb-Bi Mineralisation at rough Triangle 15 November 2021 High-Grade Cu-Ag-Au-Co Discovery at Orion This presentation has been prepared by Dreadnought Resources Limited 8 December 2021 Further High-Grade Cu-Ag-Au-Co-Zn Orion Discovery (Dreadnought or the Company). It contains general information about the Company’s 22 June 2022 Orion Auger Program – Taraji-Yampi Project activities current as at the date of the presentation. The information is provided in 20 June 2023 Highly Conductive Anomalies Enhance Orion Look-Alikes– Taraji-Yampi Project summary form and does not purport to be complete. This presentation is not to be distributed (nor taken to have been distributed) to any persons in any jurisdictions to Mangaroon Project whom an offer or solicitation to buy shares in the Company would be unlawful. Any 7 April 2021 Option/JV Agreement Signed with Global Base Metal Miner recipient of the presentation should observe any such restrictions on the distribution 16 July 2021 ~1km Long Gossanous Ni-Cu-PGE Outcrop at Mangaroon of this presentation and warrants to the Company that the receipt of the presentation 19 July 2021 High-Grade REE Ironstones Confirmed Over 2.5kms at Mangaroon is not unlawful. It should not be considered as an offer or invitation to subscribe for 1 September 2021 Encouraging Results for Rare Earths at Yin or purchase any securities in the Company or as an inducement to make an offer or 9 September 2021 Four New REE Ironstones Discovered at Mangaroon invitation with respect to those securities. No agreement to subscribe for securities 2 February 2022 Rare Earths, Phosphate, Niobium & Zirconium Results from Mangaroon in the Company will be entered into on the basis of this presentation or any 14 February 2022 Conductors Defined along the Money Intrusion – Mangaroon FQM JV information, opinions or conclusions expressed in the course of this presentation. 16 June 2022 First Drilling at Yin Intersects High-Grade Rare Earths This presentation is not a prospectus, product disclosure document or other offering 28 July 2022 Assays Confirm Yin as a High-Grade Rare Earth Discovery document under Australian law or under any other law. It has been prepared for 5 September 2022 Further Assays Confirm Yin as A Significant REE Discovery information purposes only. This presentation contains general summary information 12 October 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon and does not take into account the investment objectives, financial situation and 17 October 2022 Mineralised Carbonatites Discovered at C3 and C4 – Mangaroon particular needs of any individual investor. It is not financial product advice and 24 October 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon investors should obtain their own independent advice from qualified financial advisors 10 November 2022 Exploration Update Mangaroon Ni-Cu-PGE having regard to their objectives, financial situation and needs. Dreadnought nor any 21 November 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon of their related bodies corporate is licensed to provide financial product advice. This 28 December 2022 Initial High-Grade, Independent Resource Over 3kms at Yin presentation and information, opinions or conclusions expressed in the course of this 24 January 2023 Carbonatite Discovery Shaping up as Regional Rare Earth Source presentation contains forecasts and forward-looking information. Such forecasts, 27 January 2023 Mineralised REE Ironstones increased by 13kms to 43kms projections and information are not a guarantee of future performance, involve 13 February 2023 Rare Earth Ironstone Exploration Target Defined unknown risks and uncertainties. Actual results and developments will almost 13 March 2023 Successful Yin Extensional Drilling Results – Mangaroon certainly differ materially from those expressed or implied. There are a number of 3 April 2023 Carbonatites deliver thick near surface REE Results risks, both specific to Dreadnought, and of a general nature which may affect the 29 May 2023 Metallurgical Test work Supports High Grade Concentrate future operating and financial performance of Dreadnought, and the value of an 6 June 2023 Mangaroon Gold Review and Further Consolidation investment in Dreadnought including and not limited to title risk, renewal risk, 13 June 2023 Yin Extended by 1km & 2.5km of High Grade NdPr Discoveries economic conditions, stock market fluctuations, commodity demand and price 5 July 2023 40% Increase in Resource Tonnage at Yin movements, timing of access to infrastructure, timing of environmental approvals, 10 July 2023 High Grade Rare Earth & Niobium Zones at C3 & C5 regulatory risks, operational risks, reliance on key personnel, reserve estimations, 13 September 2023 Highest Grades to date from Yin Infill Drilling native title risks, cultural heritage risks, foreign currency fluctuations, and mining 2 October 2023 Mangaroon Carbonatite now >17km – Higher Grade Zones Fingerprinted development, construction and commissioning risk. You should not act or refrain

Mangaroon Project 7 April 2021 Option/JV Agreement Signed with Global Base Metal Miner 16 July 2021 ~1km Long Gossanous Ni-Cu-PGE Outcrop at Mangaroon 19 July 2021 High-Grade REE Ironstones Confirmed Over 2.5kms at Mangaroon 1 September 2021 Encouraging Results for Rare Earths at Yin 9 September 2021 Four New REE Ironstones Discovered at Mangaroon 2 February 2022 Rare Earths, Phosphate, Niobium & Zirconium Results from Mangaroon 14 February 2022 Conductors Defined along the Money Intrusion – Mangaroon FQM JV 16 June 2022 First Drilling at Yin Intersects High-Grade Rare Earths 28 July 2022 Assays Confirm Yin as a High-Grade Rare Earth Discovery 5 September 2022 Further Assays Confirm Yin as A Significant REE Discovery 12 October 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon 17 October 2022 Mineralised Carbonatites Discovered at C3 and C4 – Mangaroon 24 October 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon 10 November 2022 Exploration Update Mangaroon Ni-Cu-PGE 21 November 2022 Broad, High-Grade Assays at Yin REE Discovery – Mangaroon 28 December 2022 Initial High-Grade, Independent Resource Over 3kms at Yin 24 January 2023 Carbonatite Discovery Shaping up as Regional Rare Earth Source 27 January 2023 Mineralised REE Ironstones increased by 13kms to 43kms 13 February 2023 Rare Earth Ironstone Exploration Target Defined 13 March 2023 Successful Yin Extensional Drilling Results – Mangaroon 3 April 2023 Carbonatites deliver thick near surface REE Results 29 May 2023 Metallurgical Test work Supports High Grade Concentrate 6 June 2023 Mangaroon Gold Review and Further Consolidation 13 June 2023 Yin Extended by 1km & 2.5km of High Grade NdPr Discoveries 5 July 2023 40% Increase in Resource Tonnage at Yin 10 July 2023 High Grade Rare Earth & Niobium Zones at C3 & C5 13 September 2023 Highest Grades to date from Yin Infill Drilling 2 October 2023 Mangaroon Carbonatite now >17km – Higher Grade Zones Fingerprinted

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from acting in reliance on this presentation, or any information, opinions or conclusions expressed in the course of this presentation. This presentation does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the prospects of Dreadnought. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision. Recipients of this presentation must undertake their own due diligence and make their own assumptions in respect of the information contained in this presentation and should obtain independent professional advice before making any decision based on the information. No representation or warranty, express or implied, is made in relation to the fairness, accuracy or completeness of the information, opinions and conclusions expressed in the course of this presentation. To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and, to the maximum extent permitted by law, no responsibility or liability is accepted by the Company or any of its officers, employees, agents or consultants or any other person as to the adequacy, accuracy, completeness or reasonableness of the information in this presentation. To the maximum extent permitted by law, no responsibility for any errors or omissions from this presentation whether arising out of negligence or otherwise is accepted. An investment in the shares of the Company is to be considered highly speculative. The exploration targets or conceptual exploration targets in this presentation or expressed during the course of this presentation are subject to completion of the necessary feasibility studies, permitting and execution of all necessary infrastructure agreements. This presentation and information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with Dreadnought's other periodic and continuous disclosure announcements lodged with the ASX, which are available on the Dreadnought website. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include, but are not limited to, statements concerning the Company’s exploration programme, outlook and target sizes. They include statements preceded by words such as “potential”, “target”, “scheduled”, “planned”, “estimate”, “possible”, “future”, “prospective” and similar expressions.

Competent Person’s Statement

The information in this announcement that relates to geology and exploration results and planning was compiled by Mr. Dean Tuck, who is a Member of the AIG, Managing Director, and shareholder of the Company. Mr. Tuck has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Tuck consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

The Company confirms that it is not aware of any new information or data that materially affects the information in the original reports, and that the forma and context in which the Competent Person’s findings are presented have not been materially modified from the original reports. (referencing historic and new company announcements).

ASX: DRE

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Dreadnought Resources Snapshot

Capital Structure

ASX Code DRE Share Price (27/08/2024) $0.017 Shares on Issue 3,733M Market Cap ~$63.6M Cash (30/6/2024 + Cap Raise) ~$5.1M Unlisted Securities 37M Liquidity (90-day average) ~$0.1M / day

Highly active West Australian mineral explorer focused on discovering the metals needed for our future

Board and Money in the Ground Management with >85% Money raised to Skin in the Game date spent on $6.8M Cash invested exploration ~15% Shareholding Consistent News Mineral Explorer Flow with Multicommodity Average ~1 Optionality and a Track Announcement per Record of Discovery week

Join our Investor Hub Be the first to get notified about news, updates and announcements

Analyst Coverage

Paul Howard

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ASX: DRE

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Gold*

Niobium

Strategy and Focus For the remainder of 2024

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Mangaroon Gold Near term development and commercialisation

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Gold Commercialisation Strategy

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Transform into self-funded explorer

  • Star of Mangaroon is a high grade, at surface, opportunity

  • Camp scale potential with 5 historical mines and multiple gold workings along structural corridors.

  • Paulsens mill within trucking distance

  • 300kms buy road, same as Vivien (5.7g/t) to Mt Magnet Mill

  • Mining tenements already granted, heritage agreements in place, short approval time frame

  • Targeting late 2025 commencement

  • Conceptual open pit model looks encouraging

  • Outsource funding, development, haulage and processing

  • Common model in WA

Allows DRE to focus on discovering the next major high-grade discovery while being able to commercialise along the way.

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ASX.DRE 26 July 2024 Consolidation, Growth & Commercialisation

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Star of Mangaroon – High-Grade Open Pit Potential

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Star of Mangaroon

  • Discovered and mined by Pastoralists in the 1960s

  • Limited exploration in the 1980s/1990s

  • MA10: 4m @ 26.0g/t Au fr 9m

  • SMC07: 4m @ 18.7 g/t Au fr 8m

  • Recent drilling by Dreadnought includes:

  • SOMRC004: 2m @ 59.0 g/t Au fr 16m

  • SOMRC005: 7m @ 23.0 g/t Au fr 53m

  • SOMRC006: 8m @ 15.5 g/t Au fr 89m

  • Open at depth and along strike

Upcoming Catalysts

  • Metallurgical test work: September

  • Resource drilling: August

  • Assay Results: September/October

  • Resource: October/November

ASX.DRE 11 December 2023 Thick, High-Grade Gold Including 7m @ 23.0g/t Au ASX.DRE 22 January 2024 Star of Mangaroon Extended

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Star of Mangaroon – Exploration Upside

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Star of Mangaroon and Popeye

  • No deep drilling, and no drilling along the mineralised trend including at the historically mined Popeye.

  • Popeye shaft started as water supply for Star of Mangaroon, went straight down a mineralised vein with rock chips returning:

  • RNLYD048: 30g/t Au, 552g/t Ag

  • MMNAU001: 20g/t Au, 413g/t Ag

Upcoming Catalysts

  • RC Drilling Popeye

    • Assay Results – September / October
  • RC Drilling Star of Mangaroon extensions

  • September

    • As part of Resource drilling

ASX.DRE 11 December 2023 Thick, High-Grade Gold Including 7m @ 23.0g/t Au ASX.DRE 22 January 2024 Star of Mangaroon Extended

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Historical Workings – Pipeline of Opportunities

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Build on Star of Mangaroon Commercialisation

  • 5 Granted Mining Leases

  • Represent additional near term production opportunities

  • More shafts and workings discovered every month as we explore boots on ground

  • Most with no or limited historical drilling

  • Pipeline of walk-up drill targets

  • Working closely with prospectors and pastoralists to consolidate the knowledge of the region to help leverage our exploration

Upcoming Catalysts

  • RC drilling Two Peaks, Diamonds, Popeye – August

  • Assay Results – September/October

  • RC drilling Pritchard Well, Hudson – October/November

  • Mapping, Rock Chipping – Ongoing

  • Reviewing and ranking historical workings

ASX.DRE 12 February 2024 Star of Mangaroon Camp Scale Gold Prospect Continues to Expand ASX.DRE 13 March 2024 Star of Mangaroon Camp Scale Gold Prospect Expands to ~15km x 10km

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Gold Discovery Fill the pipeline with targets in an unexplored region *may be more than just gold

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First Modern Exploration – Pathway to Discovery

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Star of Mangaroon Camp Scale Prospect

  • Expanding 15km x 10km camp scale opportunity

  • First modern exploration within this consolidated field has already yielded over a dozen new targets including Tiger, which is stronger and larger anomaly than the Star of Mangaroon

Bordah Camp Scale Prospect

  • No previous exploration

  • Similar lithostructural setting to Star of Mangaroon

  • Stream sediment sampling producing significant anomalies in gold and gold pathfinders

High Range Camp Scale Prospect

  • Limited previous gold exploration

  • Similar lithostructural setting to the original Cobra/Bangemall Gold Field

  • Recently consolidated with strong early indications of gold potential

Upcoming Catalysts

  • Target generation Stream sediment sampling – October/November

  • Target definition Soil sampling and mapping – October/November

ASX.DRE 13 March 2024 Star of Mangaroon Camp Scale Gold Prospect Expands to ~15km x 10km ASX.DRE 26 July 2024 Strategic & Prospective Consolidation

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Tiger Cu-Au-Zn-Ag

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Tiger Cu-Au-Zn-Ag VMS

  • Identified during first ever surface sampling programs

  • 500m strike and high tenor outcropping gossans

  • TIG026: 8.7% Cu, 9.0% Zn, 40.7g/t Ag and 1.0g/t Au

  • TIG027: 10.5% Cu, 4.6% Zn, 16.3g/t Ag and 1.0g/t Au

  • TIG028: 1.8% Cu, 4.6% Zn, 6.7g/t Ag and 0.4g/t Au

  • TIG025: 2.4% Zn, 6.3% Pb, 409.0g/t Ag and 0.1g/t Au

  • TIG013: 1.9% Cu, 17.5% Zn, 289.0g/t Ag and 0.3g/t Au

  • TIG013B:1.4% Cu, 27.1% Zn, 60.1g/t Ag and 0.3g/t Au

  • Drilling recently struck significant visual sulphide mineralisation

  • Assays being rushed through the labs

Upcoming Catalysts

  • RC drilling – August

  • DHEM/MMR: August / September

  • Assays: September

  • Follow up drilling of any off-hole conductors

  • Airborne EM Survey across region – underway

ASX.DRE 18 June 2024 Tiger Cu-Au-Zn-Ag Gossan Confirmed over 500m

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Mangaroon Nb-REEs Gifford Creek Carbonatites Yin Ironstones DRE: 100% Ownership

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Gifford Creek Nb-REE Carbonatite

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Significant Nb Potential at Gifford Creek

  • Best Nb drill intercepts outside the Arunta, closer to existing and shared infrastructure.

  • Multiple zones of mineralisation already identified.

  • Coarse grained pyrochlore confirmed in first pass drilling – critical for metallurgical recoveries and commercialisation.

Nb-REE Drilling Program

  • Targeting areas of residual saprolite enrichment and fresh mineralisation.

  • Follow up drill holes in areas of known pyrochlore to extend mineralisation and collect material for metallurgical work.

ASX.DRE 19 August 2024 Thick High-Grade Niobium Intercepts from Gifford Creek Carbonatite

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Gifford Creek Nb-REE Carbonatite

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Saprolite Mineralisation

  • Blanket of thick near surface secondary / residual

  • mineralisation

  • Tends to mushroom out from primary mineralisation

    • Target of wide spaced first pass drilling
  • Follow up areas of first pass drilling

  • Assess mineralogy and metallurgical properties

Fresh Nb Dyke Mineralisation

  • Thick carbonatite dykes hosting primary niobium mineralisation

Upcoming Catalysts

  • Assays from phase 1 drilling - September

  • Follow up RC Drilling: underway

  • Assays: October/November

  • Mineralogical and metallurgical studies

ASX.DRE 19 August 2024 Thick High-Grade Niobium Intercepts from Gifford Creek Carbonatite

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Other Projects Streamlining the Por tfolio

ASX: DRE

Other Projects

Mangaroon REEs (100%)

  • ➢ Minimise cost and maximise readiness for REE turnaround

  • ➢ Resource of 29.98Mt @ 1.04% TREO cover ~10% of ironstones

  • ➢ Higher NdPr to total rare earth oxides ratio than most REE deposits and >50% higher than the global average

Mangaroon Ni-Cu-PGE (100%)

  • ➢ Confirmed high-tenor massive sulphide mineralisation within the Money Intrusion

  • ➢ Advanced discussions for JV

Bresnahan (100%)

  • ➢ Uranium targets identified by global uranium companies

  • ➢ Outcropping unconformity HREE, and Au-Sb-Ag mineralisation

  • ➢ Advanced discussions for partial JV

Tarraji-Yampi (80%/100%)

  • ➢ Orion Cu-Au Massive Sulphide discovery in 2021

  • ➢ Outcropping Cu-Au mineralisation

  • ➢ Strategic review underway

Central Yilgarn (100%)

  • ➢ Multiple confirms high-grade gold, iron ore and base metal targets

  • ➢ Advanced discussions for partial JV

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Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug
Sept
Oct
Nov
Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy
Work Plan Summary
Aug Sept Oct Nov Dec
Star of Mangaroon Resource Drilling
Au Assays
Star of Mangaroon Resource
Au Extensional and Exploration Drilling
Au Assays
Au Target Generation and Definition
Au Mineralogy and Metallurgy
Nb Extensional and Exploration Drilling
Nb Assays
Nb Mineralogy and Metallurgy

Major Catalysts and News flow

  • Gold and niobium assay results

  • Positive mineralogy and metallurgy results

  • Au and Nb Discoveries

  • Resource drilling and Resource

  • Commercialisation outcomes

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Take Away Message

Strong news flow focused on gold and niobium throughout 2024

Kerry’s Top Three

1. Our gold Commercialisation Strategy to transform us to a self-funded explorer

Track record of delivering discoveries

  • Yin REE ironstone complex

  • Gifford Creek REE-Nb carbonatites

  • Orion Cu-Au massive sulphide

2. Leverage to critical metals with our advancing Nb discoveries and a REE Resource

  • Money Intrusion Ni-Cu-PGEs

Near term high-grade gold commercialisation strategy

  • Transform to self-funded explorer

3. We are shareholders ourselves, with >$6.8M cash invested to date

Poised to deliver additional discoveries in 2024

  • Mangaroon Au (100%)

  • Gifford Creek Carbonatite Nb (100%)

Experienced management team with a track record of success and strongly aligned with shareholders

  • $6.8M invested to date

  • ~15% Board and management ownership

ASX:DRE Dreadnought Resources Ltd

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dreadnoughtresources.com.au

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Board and Management with Skin in the Game

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Paul Chapman

Phillip Crutchfield

Robert Gee

Dean Tuck

Non-Exec Chairman

Managing Director

Non-Exec Director

Non-Exec Director

  • Chartered accountant • Experienced geologist • Prominent and well• Experienced with 30+ years and exploration manager respected barrister hydrometallurgist and experience in the having worked across a specialising in technical manager with resources sector wide range of commercial law 30+ years experience in

  • • Founding shareholder commodities in • Director of Encounter the resources and and/or director of Black Australia, Brazil and SE Resources and Hamelin battery chemicals Cat Syndicate, Reliance Asia from project Gold sectors Mining, Encounter generation through to • Chair of the Bell • Previously held senior Resources, Rex resource evaluation Shakespeare Theatre positions in both the Minerals, Silver Lake • Previously held senior Company and the private and public Resources, GCX Metals level positions ranging Victorian Bar sectors working in and Avanco Resources from private companies Foundation operations, technical

  • • Non-Executive to BHP Billiton and ASX • development and Former Chair of highly

  • Chairman of Meeka listed junior explorers successful financial consulting Minerals, a Non• Instrumental in several services company Zip • Worked for several Executive Director of discoveries covering CuCo and former Director small and large gold developer Black Ag-Au-Co massive of Applyflow and Black organisations including Cat Syndicate and sulphide, REE Cat Syndicate BHP Billiton and gold/base metals ironstones, REE-Nb• ANSTO Former partner of

  • explorer Sunshine Phosphate carbonatites, Mallesons Stephen

  • Metals orogenic gold, LCT Jaques (now King &

  • pegmatites and iron ore Wood Mallesons)

  • Prominent and well• Experienced respected barrister hydrometallurgist and specialising in technical manager with commercial law 30+ years experience in

  • • Director of Encounter the resources and Resources and Hamelin battery chemicals sectors

• Worked for several small and large organisations including BHP Billiton and ANSTO

Jessamyn Lyons

Company Secretary

  • Chartered secretary and Fellow of the Governance Institute of Australia

  • Director of Nexia Perth, Company Secretary of Ragnar Metals and Echo IQ

• 15+ years experience working in the stockbroking and banking industries and has held various positions with Macquarie Bank, UBS Investment Bank (London), and Patersons Securities

Debbie Fullarton

Matt Crowe

CFO

COO

• 13+ years at BHP, and several junior exploration companies, exploring for gold, lithium, nickel, copper and PGEs in the Wheatbelt, West Musgraves and Gascoyne • Instrumental in several discoveries covering CuAg-Au-Co massive sulphide, Ni-Cu-PGE massive sulphides, REE ironstones, REE-NbPhosphate carbonatites, LCT pegmatites and iron ore

  • Held numerous senior finance roles across multiple continents, including Africa and Australia

  • Proven track record of driving business growth, managing risk, and optimising financial • performance

• Former CFO of a major mining company where she led the finance team through a period of significant growth and transformation

ASX: DRE

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The DREam Team

Experienced Team Track Record of Discovery BHP Gifford Creek Carbonatite WAIO (Iron Ore) REE, Nb, Ti, P, Sc Ni West (Ni) Yin Ironstones Complex Rio Tinto REE, Nb Winu (Cu-Au) Orion VMS Gold Fields Cu-Au-Co Agnew (Au) Money Intrusion Capricorn Metals Ni-Cu-PGE Karliwinda (Au) Tiger VMS Cassini Resources Cu-Zn-Ag-Au Nebo Babel (Ni-Cu-PGE) Malinda Pegmatites Talisman Mining Li-Ta Wonmunna (Iron Ore) Mallina Pegmatites Springfield (Cu-Au) Li-Ta Hammer Metals Mesa Gap Mt Isa (Cu-Au) Iron Ore Arrow Minerals Malinda South Jimblebar (LCT Pegmatites) Iron Ore Mallina (LCT Pegmatites) Wheelarra I South Westgold Resources Iron Ore De Beers

Wheelarra I South Iron Ore Wonmunna Iron Ore

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Three recipients of AMEC’s 2023 Prospector of the Year Award

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ASX: DRE

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