Dreadnought Resources (DRE) RIU Explorers Conference 2026 summary

Strategic vision and funding

• Secured AUD 18 million, bringing total cash to over AUD 20 million, enabling the largest exploration program in company history.

• Focus on delivering major exploration programs at Mangaroon and Illaara, with a motto for the year: "the team that delivers."

• Expanded team with new technical expertise, including a top structural geologist.

• Strong financial backing from new shareholders, notably Petra.

Exploration and development plans

• Launching 80,000-100,000 meters of drilling and 10,000 soil samples across Mangaroon and Illaara.

• Star of Mangaroon to commence mining and processing this year, targeting 27,000 ounces at 11.1 g/t, with a 50/50 profit share up to AUD 80 million.

• Metzke's Find resource extension drilling underway, aiming to double or triple the current resource, with updates and studies by year-end.

• Illaara aircore drilling program (40,000-50,000 meters, 550+ holes) to cover 25-30 km strike, with phase two to follow immediately.

• Systematic exploration at Mangaroon targeting seven camp-scale prospects, with early drilling success at Cullins and Midnight Star.

Critical metals and diversification

• Advancing Gifford Creek Carbonatite and tech joint ventures at Money Intrusion and Bresnahan.

• Stinger discovery at Gifford Creek undergoing a major metallurgical program to assess production of multiple critical metals, including rare earths, niobium, titanium, and scandium.

• Phase one of the met program runs for the first half of the year, with phase two extending to year-end.

• Strategy remains to deliver high-grade deposits and generate cash flow while unlocking value from critical metals.