DREADNOUGHT RESOURCES LTD — Regulatory Filings 2007

Mar 22, 2007

Eromanga Uranium Limited

EROMANICA USANINA

Listed 31 October 2006

Shares

128.4 million Major shareholder Maximus Resources LAST MASSAGNISE (1972) (STS)

Total raised 51476 million

Current market capitalisation (19 March 2007) \$35.1 million

URANDIM COMPERENCE - MARCH 2007

20,000 km² in five projects

EROMANCA LEAN DA

• $+$ Large coherant land packages averaging 4,000 km² each.
• Allows flexibility to adjust exploration focus as understanding develops,
• · Being 'first-in' secures tenure in the most favourable locations.

Marree Project

CEORIAN CONCRETE

SIOMANGA JEANTIU

Adia de novo

• e Northein margins of the Brahlunding Kaludin Existence of the Contractor
• Similar saunid to the operating Boverley 13 Ummunalina
• · Over 100 km of Eromanda Basic mandales est

URANITW CONFERENCE - MARCH 2007

Marree Project

EXPERIMENTAL LIGHT

• Multiple target horizons in Trinity Well and Algebuckina Sandstone.
• · Target horizons outcrop at basin margin.
• · Shallow depth: rapid, lower-cost exploration - potential for application of ISL mining techniques.

Future regional EM surveys

FOMANGA USANDA URANHIM CONFERENCE - MARCH 2007 - 18

Billa Kalina Project

ROMANDA TEATUM

• Over 4000 km² of granted tenements at the heart of the Stuart Shelf traniting Coopsi Teologysvince
• · Eromanga earning 50% in non-diamond Influent Profits
• · Targetting sandstone-hosted uranium in Remitan palacodrainages of the Arkameerican.
• · Additional potential for Mesozoic deposits in the Algebuckina Sandstone.
• Also targetting gravity highs for Olympic Dam style fron-oxide tranitim-copper-Gold deposits UNAMUM ZON ERRINGE MARCH 2007.

Billa Kalina gravity anomaly

SROMANGA JEAN PA

T Summary

UMANIUM CONFERENCE MARCH 2007.

Results of the Early steps into the Mesozoie "have delighted the company,

Major new palaeodrainage identified at the Marree Projectassociated trainfactorialism

Exploration approach has been validated.

Opportunity to leveage off early successes with major airborne EM. survey at Billa Kalina, Abminga and Kingoonya in 2007.

please visit our web site at www.eromangauranium.com