Announcement PDF Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 1 ASX ANNOUNCEMENT 3 June 2026 Metzke’s North Discovery — Illaara Gold Project HIGHLIGHTS • Assays have been received for the remaining 34 holes of a 57-hole (~4,800m) RC program at Metzke’s Find, part of the 100% owned Illaara Gold Project (“Illarra”). The extensional program focused on extending the current Resource (14,900 oz @ 6.8 g/t Au, 72% Indicated) and on confirming an offset extension to the north of a Proterozoic dyke that was previously considered to terminate the Metzke’s Find deposit (“Metzke’s North”). • Initial drilling has discovered the Metzke’s North offset extension currently covering ~150m strike which remains open to the north and at depth. Intercepts include (* indicates holes previously reported): MZRC143: 4m @ 6.6 g/t Au from 87m including 1m @ 23.1 g/t Au from 88m MZRC151: 1m @ 17.4 g/t Au from 53m *MZRC103: 10m @ 1.5 g/t Au from 20m MZRC135: 13m @ 0.5 g/t Au from 20m, including 1m @ 4.9 g/t Au from 32m MZRC140: 7m @ 0.7 g/t Au from 13m including 1m @ 2.4 g/t Au from 13m • In addition, extensional drilling at Metzke’s Find continued to deliver intercepts outside the current Resource, including: MZRC162: 3m @ 3.1 g/t Au from 11m MZRC159: 2m @ 1.7 g/t Au from 24m *MZRC123: 7m @ 49.9 g/t Au from 67m *MZRC123: 3m @ 1.8 g/t Au from 78m *MZRC119: 5m @ 23.5 g/t Au from 67m *MZRC121: 2m @ 3.3 g/t Au from 40m • All results are outside the already high-grade Resource. This will further update and upgrade the Metzke’s Find Resource and study for open pit and underground. The Resource update and upgrade will be in July 2026 and an updated study thereafter. • An RC and diamond rig will mobilise in July 2026 to: extend Metzke’s North; extend Metzke’s Find at depth; and produce material for metallurgical and geotechnical studies. Dreadnought Resources Ltd (“Dreadnought”) is pleased to announce results from Resource extension drilling at Metzke’s Find and the Discovery of Metzke’s North, part of the 100% owned Illaara Gold Project, in the Yilgarn region of WA. Dreadnought’s Managing Director, Dean Tuck, commented: “Our Resource extension drilling program continues to deliver significant gold intercepts outside the current Resource. Importantly, this program has confirmed the Metzke’s North discovery, extending over 150m strike and remaining open to the north and at depth, both of which will be further tested in July 2026. While it is still early days, we now have a handle on Metzke’s North to guide our future activities and to define a Resource. We are now updating and upgrading the Resource, with plans to undertake an initial study and finalise approval related work. Advancing Metzke’s Find towards development is a key component of our expanded Finding More Gold, Faster strategy and feeds directly into becoming a self- funded explorer by adding near term production ounces. Our high-grade Metzke’s Find Resource is a great commercial opportunity that is already receiving inbound interest.” Figure 1: Long section of Metzke’s Find showing the current Resource outline in relation to recent and previous drilling results. Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 2 Overview of Metzke’s Find Drilling Program Metzke’s Find is comprised of historic workings containing ~20 shafts over ~700m of strike. In 2023, Dreadnought declared a shallow, high-grade Resource of 14,900 oz @ 6.8 g/t Au (72% Indicated). Historically, mineralisation was thought to terminate at a cross-cutting Proterozoic dyke located just north of the historic workings. Recent drilling has confirmed mineralisation over ~150m strike north of those workings with significant intercepts including MZRC103: 10m @ 1.5 g/t Au from 20m including 2m @ 5.8 g/t Au from 22m and MZRC143: 4m @ 6.6 g/t Au from 87m including 1m @ 23.1 g/t Au from 88m. Importantly Metzke’s North remains open along strike and at depth. A total of 57 holes (~4,800m) were drilled to extend the Resource along strike and at depth and to upgrade even more of the Resource to Indicated. Results have been received for all holes with results including: MZRC123: 7m @ 49.9 g/t Au from 67m MZRC123: 3m @ 1.8 g/t Au from 78m MZRC119: 5m @ 23.5 g/t Au from 67m MZRC121: 2m @ 3.3 g/t Au from 40m MZRC162: 3m @ 3.1 g/t Au from 11m MZRC159: 2m @ 1.7 g/t Au from 24m MZRC124: 5m @ 2.3 g/t Au from 103m MZRC121: 2m @ 1.5 g/t Au from 6m All results are outside the already high-grade Resource (14,900 oz @ 6.8 g/t Au, 72% Indicated) and will provide further positive input into the updated and upgraded Resource and study for Metzke’s Find (open pit and underground) in July 2026. The coarse-grained nature of gold mineralisation was recently confirmed through metallurgical test work which produced strong gravity recovery (averaging 78.5% with combined gravity and CIL recoveries averaging 98.9%). All recent drilling at Metzke’s Find has been assayed by Photon Assay. This is a more reliable methodology for this style of mineralisation which was unavailable to previous drilling. Encouragingly, the shallow drilling confirmed that the historic workings are less extensive than previously thought, with only three shallow holes intersecting workings. A LIDAR survey of the workings is scheduled for June 2026 which will further assist with mapping the workings. This work will also assist with Resource and study work. Figure 2: Plan view of Metzke’s Find showing the location of recently completed RC holes in relation to previous drilling and the Metzke’s Lode. Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 3 Background on Metzke’s Find Metzke’s Find was discovered by a prospecting party in 1911. The remote location, being 160km from the nearest railhead, and lack of readily available fresh water limited follow up work. Metzke’s Find was worked on a few occasions over the following decades for a recorded production of ~890 oz @ ~40 g/t Au. Metzke’s Find comprises ~20 small, historic shafts over ~700m of strike. The only significant exploration at Metzke’s Find was in the late 1980s and early 1990s by junior gold explorers who drilled shallow percussion holes (average ~24m) which recorded a number of attractive results including: MZ07: 5m @ 4.0 g/t Au from 11m MZ25: 1m @ 18.0 g/t Au from 22m MZ19: 2m @ 15.7 g/t Au from 19m MZ23: 3m @ 11.7 g/t Au from 18m Dreadnought acquired Metke’s Find in 2020 and has completed RC and diamond drilling which also delivered significant results including: MZRC022: 4m @ 10.5 g/t Au from 19m MZRC017: 7m @ 7.5 g/t Au from 51m MZRC019: 4m @ 19.9 g/t Au from 45m MZRC016: 3m @ 21.0 g/t Au from 85m Mineralisation at Metzke’s Find is hosted within a series of stacked, moderately dipping quartz lodes up to 4m thick that occasionally overlap hosted within a mafic sequence with sulphidic interflow sediments. The main deposit scale structural control is a north- south trending shear zone that consists of a series of steep (70–90˚) southwest dipping shear planes and parallel quartz veins with dominate sinistral reverse movement and moderate to steep (55–70˚) west dipping schistosity. The intersection between shear planes and shear schistosity controls an apparent north shoot plunge. In 2023, a Resource (72% Indicated) was declared with the majority of mineralisation being contained within 140m of surface. The current Resource is shown below. Metallurgical testwork from Metzke’s Find has confirmed that mineralisation is free-milling (non- refractory) coarse gold and amendable to conventional extraction methods including a strong gravity recovery (averaging 78.5%) with combined gravity and CIL recoveries averaging 98.9%. Figure 3: Schematic structural model (map view and section view) for mineralisation at Metzke’s find with high-grade gold bearing quartz veins in red with yellow squares. Metzke’s Find — Resources (ASX 27 April 2023) Table 1: Resource (0.5 g/t Au cutoff grade) — Numbers may not add up due to rounding Type Indicated Inferred Total Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Transition 800 1.1 30 1,100 17.4 600 1,900 10.3 600 Fresh 44,600 7.4 10,600 21,800 5.2 3,600 66,500 6.7 14,300 Total 45,00 7.3 10,700 22,900 5.8 4,200 68,400 6.8 14,900 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 4 Background on Illaara Illaara is a consolidated landholding covering ~800km2 and ~70km strike of a greenstone belt located ~190km from Kalgoorlie. Illaara is one of the most underexplored greenstone belts in the Yilgarn Craton and is situated nearby to mills at Davyhurst (OBM.ASX) and Bottle Creek (Aurenne). Historically gold was worked at Metzke’s Find and the nearby Lawrence’s Find in the early 1900s. However, the remoteness, lack of water and access hindered early prospecting. Recent exploration within Illaara was spurred on by a ~55km long Au-As-Sb anomaly generated from regional regolith sampling by the Geological Survey of Western Australia which led to Newmont acquiring Illaara in 2016. Prior to Newmont, iron ore companies held the project as part of the Koolyanobbing Iron Ore Operation. Given the long history of iron ore mining in the region, Illaara is well situated in relation to existing road and rail infrastructure. Dreadnought acquired Illaara from Newmont in 2019 and has consolidated the rest of the greenstone belt through a series of acquisitions. Early drilling by Dreadnought focused on the historical workings at Metzke’s Find resulting in a high-grade Resource (14,900 oz @ 6.8 g/t Au) that remains open along strike and at depth. Given the lack of systematic exploration, Illaara presents a strong opportunity to make a major gold discovery within the world-renowned Yilgarn Craton. Figure 4: Map showing the location of Illaara relative to other gold operations and major players in the region. Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 5 Dreadnought’s work plan summary June 2026 Quarter Sept 2026 Quarter Dec 2026 Quarter Star of Mangaroon Approvals and commencement of mining, production and processing through Paulsens Gold Operations (BC8 JV) Mangaroon Discovery Drilling RC drilling of targets defined through target definition work Mangaroon Exploration Target definition work (soils and gradient array IP) at Bordah, High Range North, High Range South, Minga Bar camp scale targets Metzke’s Find RC, Diamond Drilling, Technical and Environmental Studies, Resource update and Scoping Study Mining Proposal and Closure Plan submission Illaara Exploration and Discovery Phase 1 air core drilling Phase 2 air core drilling Phase 3 air core drilling / RC drilling Gifford Creek Mineralogical and Metallurgical test-work Upcoming News • June to August: Results from air core drilling — Illaara Gold • June: Upgrade JORC Exploration Target — Gifford Creek • June: Final mineralogy results — Gifford Creek • June / July Commencement of metallurgical test work — Gifford Creek • July: Results of target definition work — Mangaroon Gold • July: Results of target generation work — Mangaroon South • July / August: Updated Metzke’s Find Resource — Illaara Gold For further information please refer to previous ASX announcements: • 24 June 2019 75km Long Illaara Greenstone Belt Acquired from Newmont • 6 December 2019 Consolidation of 75km Long Illaara Greenstone Belt • 19 March 2020 RC Drilling Hits High Grades at Metzke’s Find • 13 July 2020 RC Drilling Hits High Grade Gold at Metzke’s Find • 25 September 2020 Further High-Grade Gold from Metzke’s Find • 27 April 2021 Illaara Update and Regional Target Generation • 1 November 2022 Successful Drill Results Across Multiple Metals • 27 April 2023 Initial High-Grade Gold Resource at Metzke’s Find • 3 February 2026 High-Grade Infill & Extensional Drilling — Illaara Gold • 4 May 2026 Exceptional Gold recoveries from Metzke’s Find ~Ends~ For further information please contact: Dean Tuck Jessamyn Lyons Managing Director Company Secretary Dreadnought Resources Limited Dreadnought Resources Limited E: dtuck@dreres.com.au E: jlyons@dreres.com.au This announcement is authorised for release to the ASX by the Board of Dreadnought. Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 6 Snapshot — Illaara Gold (100%) Illaara Gold is Large Scale and Underexplored • Illaara covers over 70 strike km and ~800km2 of the Illaara Greenstone Belt within the richly endowed Yilgarn Craton of Western Australia. • The Illaara Greenstone Belt is one of the most under explored and under drilled greenstone belts in the Yilgarn providing plenty of space for a major discovery. • Covering ~800km2 is a significant consolidated landholding within a tightly held and highly prospective gold province. Consolidation Provides for First Ever Modern Exploration • All historical workings and known gold occurrences relate to outcropping mineralisation. There has been minimal historical and modern exploration due to remoteness and iron ore exploration. • 2026 will see the first ever systematic air core drilling program undertaken across the belt, a drilling program that previous owners Newmont wanted to undertake prior to Dreadnought acquiring the project in 2019 and consolidating the remainder of the belt. Significant, Step-change, Growth Potential • Illaara contains multiple highly prospective structural corridors with known gold anomalism providing near term drilling targets and discovery potential. • Dreadnought is deploying modern geochemical and geophysical techniques to explore for mineralisation under shallow cover. Shallow, High-grade Gold at Metzke’s Find • The Resource at Metzke’s contains shallow, high-grade gold which provides a strong foundation for the project. • Mineralisation at Metzke’s Find remains open along strike and at depth. Metzke’s Find — Indicated and Inferred Resources (ASX 27 April 2023) Table 2: Resource (0.5g/t Au cutoff grade) - Numbers may not add up due to rounding Type Indicated Inferred Total Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Transition 800 1.1 30 1,100 17.4 600 1,900 10.3 600 Fresh 44,600 7.4 10,600 21,800 5.2 3,600 66,500 6.7 14,300 Total 45,00 7.3 10,700 22,900 5.8 4,200 68,400 6.8 14,900 Self-Funded Explorer Strategy — Pathway to Production • Dreadnought’s strategy is to transform into a self-funded explorer. This includes a high-grade open pit at the Metzke’s Find where funding, development, haulage & processing are outsourced to third parties. This is a common model in WA given the robust gold price. In this way, there is reduced reliance on market funding and internal cashflows are aimed at making life-changing discoveries. Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 7 Mangaroon Project Mangaroon covers ~5,000km2 and is located 250km south-east of Exmouth in the Gascoyne Region of WA. Since 2020, Dreadnought has identified three major focus areas within the Mangaroon Project: Mangaroon Gold (100%) Outcropping gold mineralisation was first identified and mined at Mangaroon by local pastoralists and prospectors in the 1960s and has seen no modern gold exploration. Dreadnought has consolidated this gold field and is undertaking the first modern exploration across the region which has identified five camp scale gold opportunities at Bordah, High Range, Alma, Minga Bar and Star of Mangaroon. In addition, the project contains granted mining leases that provide an opportunity for cashflow including the Star of Mangaroon Mine where Dreadnought has delivered a 23,400 oz Resource at 12.8 g/t Au (84% Indicated) Gifford Creek Critical Metals (100%) Dreadnought discovered the Yin Ironstones and the Gifford Creek Carbonatite in 2021. Since then, the Gifford Creek Carbonatite Complex has emerged as a globally significant, rapidly growing, potential source of critical minerals. Highlights include: • Discovery of the Yin REE Ironstone Complex and delivery of a 30.0 Mt @ 1.04% TREO Resource over only ~4.6km – including a Measured and Indicated Resource of 26.3 Mt @ 1.04% TREO (ASX 30 Nov 2023). • Discovery of the globally significant, Nb-REE-P-Ti-Sc enriched Gifford Creek Carbonatite (ASX 7 Aug 2023). • Delivery of a large, independent initial Resource of 10.8 Mt @ 1.00% TREO at the Gifford Creek Carbonatites, containing a range of critical minerals including rare earths, niobium, phosphate, titanium and scandium (ASX 28 Aug 2023). • Discovery of Stinger Nb-REE-P-Ti-Sc-Zr bearing carbonatite and delivery of the Stinger Niobium Exploration Target (ASX 3 Mar 2025, 29 Sept 2025). Money Intrusion Ni-Cu-PGEs (Teck Earn-In) The Money Intrusion is a ~45km long mafic intrusion prospective for Ni-Cu-PGE massive sulphides. In 2023, Dreadnought discovered high tenor nickel-copper massive sulphides confirming the potential of this new system. Dreadnought entered in to a $15M Farm-In and Joint Venture agreement with Teck Resources, a leading Canadian resource company, to earn up to 75% of the Money Intrusion tenements. Illaara Gold Project (100%) Illaara is located ~190km northwest of Kalgoorlie in the Yilgarn Craton. The project comprises ~800km2 covering ~70km of strike along the Illaara greenstone belts. Illaara was acquired off Newmont in 2019 as an early stage exploration project prospective for typical Archean mesothermal lode gold deposits. Dreadnought has delivered a 14,900 oz @ 6.8 g/t Au Resource at Metzke’s Find (72% Indicated). Prior to consolidation by Dreadnought, Illaara was predominantly held by iron ore explorers and remains highly prospective for iron ore amongst other commodities. Kimberley Cu-Au-Sb Project (Tarraji 80% / Yampi 100%) Tarraji-Yampi covers ~420km2 is located only 85km from Derby in the West Kimberley region of WA and was locked up as a Defence Reserve since 1978. The project has outcropping mineralisation and historical workings which have seen no modern exploration. In 2021, Dreadnought discovered high grade Cu-Au massive sulphides at Orion with results to date indicating a large scale, Proterozoic Cu-Au VMS system at Tarraji-Yampi, similar to DeGrussa and Monty in the Bryah Basin. In addition, the project contains outcropping high-grade Cu-Ag-Sb-Bi Veins at Rough Triangle and Grant’s Find. Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 8 Cautionary Statement This announcement and information, opinions or conclusions expressed in the course of this announcement contains forecasts and forward-looking information. Such forecasts, projections and information are not a guarantee of future performance, involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from those expressed or implied. There are a number of risks, both specific to Dreadnought, and of a general nature which may affect the future operating and financial performance of Dreadnought, and the value of an investment in Dreadnought including and not limited to title risk, renewal risk, economic conditions, stock market fluctuations, commodity demand and price movements, timing of access to infrastructure, timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve estimations, native title risks, cultural heritage risks, foreign currency fluctuations, and mining development, construction and commissioning risk. Competent Person’s Statement — Mineral Resources The information in this announcement that relates to the Star of Mangaroon Mineral Resource is based on information compiled by Mr. Shaun Searle, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr. Searle is an employee of Ashmore Advisory Pty Ltd. Mr. Searle has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves’. Mr. Searle consents to the inclusion in the announcement of the matters based on his information in the form and context that the information appears in relation to Mineral Resource estimates. Competent Person’s Statement — Exploration Results The information in this announcement that relates to geology, exploration results and planning, and exploration targets 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 announcement 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 further new information or data that materially affects the information included in the original market announcements by Dreadnought Resources Limited referenced in this report and in the case of Mineral Resources, Production Targets, forecast financial information and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. To the extent disclosed above, the Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. Resources Summary Star of Mangaroon — Indicated and Inferred Resources (ASX 27 November 2024) Table 3: Resource (2 g/t Au cut off grade) - Numbers may not add up due to rounding. *Surface reported at a 0.5 g/t Au cut-off. Type Measured Indicated Inferred Total Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Surface* 8,300 1.0 300 8,300 1.0 300 Transition 6,300 24.9 5,100 3,300 6.5 700 9,600 18.6 5,800 Fresh 33,200 13.5 14,400 23,500 8.5 6,400 1,000 5.1 200 57,700 11.3 21,000 Total 39,500 15.3 19,400 26,800 8.2 7,100 9,300 1.4 400 75,600 11.1 27,000 Metzke’s Find — Indicated and Inferred Resources (ASX 27 April 2023) Table 4: Resource (0.5 g/t Au cut off grade) — Numbers may not add up due to rounding Type Indicated Inferred Total Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Tonnes Au (g/t) Au (Oz) Transition 800 1.1 30 1,100 17.4 600 1,900 10.3 600 Fresh 44,600 7.4 10,600 21,800 5.2 3,600 66,500 6.7 14,300 Total 45,00 7.3 10,700 22,900 5.8 4,200 68,400 6.8 14,900 Yin Ironstone Complex — Yin, Yin South, Y2, Sabre Measured, Indicated and Inferred Resources (ASX 30 November 2023) Table 5: Summary of Yin Resources at 0.20% TREO Cut off. Type Measured Indicated Inferred Total Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (t) Tonnes (Mt) TREO (%) TREO (t) Tonnes (Mt) TREO (%) TREO (t) NdPr:TREO Ratio (%) Oxide 2.47 1.61 39.7 13.46 1.06 142.6 1.51 0.75 11.2 17.44 1.11 193.6 29 Fresh 2.70 1.09 29.5 7.67 0.95 72.8 2.17 0.75 16.3 12.54 0.95 118.7 29 Total 5.17 1.34 69.3 21.13 1.02 215.4 3.68 0.75 27.6 29.98 1.04 312.3 29 Table 6: Summary of Yin Resources at 1.00% TREO Cut off. Type Measured Indicated Inferred Total Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (t) Tonnes (Mt) TREO (%) TREO (t) Tonnes (Mt) TREO (%) TREO (t) NdPr:TREO Ratio (%) Oxide 1.60 2.22 35.6 5.34 1.99 106.4 0.26 1.67 4.3 7.20 2.03 146.3 30 Fresh 1.36 1.68 22.8 2.65 1.81 47.9 0.42 1.72 7.3 4.43 1.76 78.0 29 Total 2.96 1.97 58.4 7.99 1.93 154.3 0.68 1.70 11.6 11.63 1.93 224.3 29 Gifford Creek Carbonatite — Inferred Resource (ASX 28 August 2023) Table 7: Summary of the Gifford Creek Carbonatite Inferred Resource at various % TREO Cut offs. Cut-Off (%TREO) Resource (Mt) TREO (%) NdPr:TREO (%) Nb2O5 (%) P2O5 (%) TiO2 (%) Sc (ppm) Contained TREO (t) Contained Nb2O5 (t) 0.70 10.84 1.00 21 0.22 3.5 4.9 85 108,000 23,700 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 9 Table 8: Drill Collar Data (GDA94 MGAz50) and Significant Intercepts (>0.1 g/t Au) Hole ID Easting Northing RL Dip Azi EOH Type From To Interval (m) Grade (g/t Au) Prospect MZRC111 214618 6757824 467 -56 93 54 RC 16 18 2 0.4 Metzke’s Find MZRC112 214622 6757848 467 -56 93 54 RC 11 14 3 0.2 MZRC113 214618 6757866 467 -56 93 54 RC 12 13 1 0.5 MZRC114 214618 6757893 467 -57 93 42 RC - MZRC115 214572 6757698 469 -57 89 180 RC 111 114 3 0.7 MZRC116 214603 6757718 469 -57 90 120 RC 72 75 3 0.3 MZRC117 214582 6757718 469 -56 88 150 RC 95 96 1 0.6 MZRC118 214572 6757794 468 -56 84 150 RC 103 104 1 0.8 MZRC119 214592 6757794 468 -52 87 90 RC 67 72 5 23.5 MZRC120 214616 6757931 467 -56 89 42 RC 6 8 2 1.5 MZRC121 214594 6757978 468 -56 93 84 RC 40 42 2 3.3 MZRC122 214527 6757975 468 -57 90 162 RC 153 156 3 1.1 MZRC123 214571 6757996 468 -56 91 102 RC 67 74 7 49.9 and 78 81 3 1.8 MZRC124 214551 6757997 468 -56 92 138 RC 103 108 5 2.3 MZRC125 214604 6758008 468 -56 91 48 RC 28 29 1 1.2 MZRC126 214587 6758009 468 -56 93 72 RC 47 49 2 2.0 MZRC127 214577 6758038 468 -55 94 102 RC - MZRC128 214619 6758044 468 -56 92 42 RC Mining Void MZRC129 214602 6758053 468 -56 90 60 RC - MZRC130 214579 6758051 468 -56 94 90 RC 57 58 1 0.4 MZRC131 214615 6758078 468 -56 95 48 RC 5 7 2 2.2 MZRC132 214597 6758080 468 -56 95 84 RC - MZRC133 214574 6758080 468 -56 89 120 RC 60 62 2 1.8 MZRC134 214596 6758271 470 -56 91 84 RC 18 21 3 0.2 MZRC135 214577 6758272 470 -56 90 84 RC 20 33 13 0.5 incl 32 33 1 4.9 MZRC136 214556 6758272 470 -56 88 102 RC MZRC137 214535 6758271 470 -56 90 120 RC MZRC138 214596 6758250 470 -56 88 60 RC MZRC139 214536 6758252 470 -56 93 120 RC 108 109 1 0.1 MZRC140 214594 6758233 469 -56 90 60 RC 13 20 7 0.7 incl 13 14 1 2.4 MZRC141 214579 6758232 469 -56 90 60 RC 39 42 3 0.1 MZRC142 214556 6758232 470 -56 91 108 RC MZRC143 214537 6758232 470 -56 89 120 RC 87 91 4 6.6 incl 88 89 1 23.1 MZRC144 214598 6758184 469 -56 91 84 RC 24 27 3 0.1 MZRC145 214577 6758184 469 -56 91 84 RC 48 51 3 0.4 MZRC146 214557 6758186 469 -56 94 96 RC 75 81 6 0.8 MZRC147 214611 6758124 468 -56 92 84 RC MZRC148 214569 6758121 468 -56 96 84 RC MZRC149 214531 6758122 469 -56 93 84 RC MZRC150 214595 6758165 469 -56 95 84 RC 24 27 3 0.2 MZRC151 214576 6758165 469 -56 90 84 RC 53 54 1 17.4 MZRC152 214556 6758165 469 -57 94 96 RC 79 80 1 0.7 MZRC153 214578 6758152 469 -56 91 60 RC MZRC154 214782 6758258 470 -55 93 60 RC MZRC155 214752 6758256 470 -55 89 84 RC MZRC156 214781 6758216 468 -55 90 84 RC MZRC157 214782 6758297 471 -55 93 84 RC MZRC158 214628 6758022 468 -56 274 42 RC MZRC159 214631 6757990 467 -56 274 48 RC 24 26 2 1.7 MZRC160 214633 6757967 467 -56 273 48 RC 13 14 1 0.1 MZRC161 214641 6757802 467 -55 273 42 RC 18 24 6 0.1 MZRC162 214643 6757765 468 -56 273 42 RC 11 14 3 3.1 incl 12 13 1 5.2 MZRC163 214646 6757730 468 -55 272 42 RC Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 9473 8345 info@dreres.com.au www.dreadnoughtresources.com.au ASX:DRE Dreadnought Resources Ltd 10 Hole ID Easting Northing RL Dip Azi EOH Type From To Interval (m) Grade (g/t Au) Prospect MZRC164 214641 6757663 469 -56 89 84 RC Metzke’s Find MZRC165 214601 6757661 469 -56 92 120 RC 88 89 1 0.1 MZRC166 214601 6757537 471 -56 94 84 RC MZRC167 214645 6757539 471 -55 90 84 RC JORC Code, 2012 Edition — Table 1 Report Template Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling techniques • Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. Reverse Circulation (RC) drilling was undertaken to produce samples for assay. RC Drilling Two sampling techniques were utilised for the RC drilling, 1m metre splits directly from the rig sampling system for each metre and 3m composite sampling from spoil piles. Samples submitted to the laboratory were determined by the site geologist. 1m Splits From every metre drilled a 2–3kg sample (split) was sub- sampled into a calico bag via a Metzke cone splitter from each metre of drilling. 3m Composites All remaining spoil from the sampling system was collected in buckets from the sampling system and neatly deposited in rows adj