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 6 October 2026 Shallow High-Grade Gold from Metzke’s North — Illaara HIGHLIGHTS • Metzke’s North is a new discovery north of a Proterozoic dyke (a younger, unmineralised rock intrusion) that was previously thought to cut off the high-grade mineralisation at Metzke’s Find. • Assays have been received for a 22-hole (1,958m) Reverse Circulation (RC) drilling program, mainly at Metzke’s North, with the balance at Metzke’s Find (together “Metzke’s”), part of the Illaara Gold Project (“Illaara”). A 12- hole (1,328.9m) diamond drilling program has also been completed at Metzke’s Find, with assays pending. • The programs (Figure 2) were designed mainly to: • Extend the Resource at Metzke’s North in order to increase the overall Resource at Metzke’s (currently 24,900 oz @ 5.2 g/t Au - 84% Indicated); and • Provide additional metallurgical test work; assist in mine planning and to extend and upgrade the Resource (already at 84% Indicated) (4 twin and 8 extension holes). • The RC program has successfully intersected shallow, high-grade gold at Metzke’s North with significant results including: MZRC174: 7m @ 8.6 g/t Au from 8m, including 1m @ 57.1 g/t Au from 8m MZRC180: 2m @ 4.2 g/t Au from 112m MZRC186: 2m @ 1.2 g/t Au from 21m MZRC169: 3m @ 1.9 g/t Au from 30m • Of the diamond program at Metzke’s Find, 4 were twin holes (drilled alongside earlier holes to verify previous results) for quality control and metallurgical test work and 8 were extensional holes testing Metzke’s Find extensions below the current Resource. A total of 4 of the extensional holes intersected visible gold over intervals ranging from 0.55m – 2.94m in thickness (Table 1). Visual observations are not a substitute for laboratory assays which are expected in November 2026. • The RC and diamond program results will be used to extend and upgrade the current Resource and to support mining studies. Dreadnought Resources Ltd (“Dreadnought”) is pleased to announce results from RC and observations from diamond drilling at Metzke’s North/Find, part of the 100% owned Illaara Gold Project, in the Yilgarn region of WA. Dreadnought’s Managing Director, Dean Tuck, commented: “Drilling at Metzke’s North has produced one of the highest- grade intercepts to date and from just 8m depth. Additionally, half of our extensional diamond holes have intersected visible gold. Together, we believe these results have the potential to grow the Resource and, importantly, we have gathered important structural information to target down plunge extensions in future programs. The diamond program also provides core for important study-related work. With geotechnical work now completed we can send the core for assay and metallurgical test work. We expect further results in November 2026 as we advance Metzke’s Find towards studies, approvals and production.” Figure 1: Image of the PXD diamond and Newgen RC rigs drilling at Metzke’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 2 Figure 2: Plan view map of Metzke’s Find and Metzke’s North showing: the break in mineralisation due to a Proterozoic dyke: the location of the RC program mainly at Metzke’s North (boxed area); the diamond program at Metzke’s Find all in relation to previous drilling and the Metzke’s Resource (24,900 oz @ 5.2 g/t Au - 84% Indicated). 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 Overview of Drilling Programs RC (22 holes, 1,958m) and diamond (12 holes, 1,328.9m) drilling programs have been completed at Metzke’s North and Metzke’s Find, with a focus on adding near-term production ounces as part of Dreadnought’s Finding More Gold Faster strategy. RC drilling was undertaken mainly to extend the current Resource at Metzke’s Find into Metzke’s North. Significant results include: MZRC174: 7m @ 8.6 g/t Au from 8m, including 1m @ 57.1 g/t Au from 8m MZRC180: 2m @ 4.2 g/t Au from 112m MZRC186: 2m @ 1.2 g/t Au from 21m MZRC169: 3m @ 1.9 g/t Au from 30m Diamond drilling was undertaken to provide core for additional metallurgical test work and mine planning, and to extend and upgrade the Resource (already 84% Indicated) (4 twin and 8 extension holes). Importantly, 4 of the 8 extension holes intersected visible gold over intervals ranging from 0.55m – 2.94m in thickness. Figure 3: Inset plan view map of Metzke’s North showing the break in mineralisation due to a Proterozoic dyke in relation to current and previous drilling. Table 1: Logged visible gold occurrences. Hole ID Type Purpose From To Lithology Mineralisation Visual Abundance Prospect MZDD003 DD Twin 69.45 70.62 Sugary laminated quartz sulphide biotite vein Visible gold <1% Metzke’s Find MZDD006 DD Extension 136.32 137.50 Sugary laminated quartz sulphide biotite vein Visible gold <1% MZDD007 DD Twin 51.91 52.72 Sugary laminated quartz sulphide chlorite vein Visible gold <1% MZDD009 DD Twin 12.20 13.60 Mine Void MZDD010 DD Extension 88.29 89.99 Sugary laminated quartz sulphide biotite vein Visible gold <1% MZDD012 DD Extension 25.45 26.00 Sugary laminated quartz vein with iron oxide staining Visible gold <1% MZDD013 DD Twin 64.97 67.45 Sugary laminated quartz vein with iron and manganese oxide staining Visible gold <1% MZDD014 DD Extension 61.60 64.54 Sugary laminated quartz sulphide biotite vein Visible gold <1% Cautionary Statement Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Diamond core is being cut and dispatched to ALS, Perth, for Photon Assay, with results to be reported upon receipt in accordance with the Company’s continuous disclosure obligations. The Company anticipates that it will receive assays within 6-8 weeks. The visible gold grains are typically <1mm in diameter but vary from pinhead to match-head size. 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 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: MZ19: 2m @ 15.7 g/t Au from 19m MZ23: 3m @ 11.7 g/t Au from 18m Dreadnought acquired Metzke’s Find in 2020 and has completed RC and diamond drilling which also delivered significant results including: MZRC019: 4m @ 19.9 g/t Au from 45m MZRC016: 3m @ 21.0 g/t Au from 85m The mineralisation at Metzke’s Find comprises quartz lodes hosted within a foliated mafic sequence and typically dips steeply to the west. Discrete zones of mineralisation are high-grade, 1–4m in thickness and strike north-south with an interpreted moderate north plunge of around 30°. A total of 5 separate mineralised zones are interpreted, likely representing shoots developed within a single planar shear. In 2026, the Metzke’s Find and Metzke’s North Resource (84% Indicated) was updated with the majority of mineralisation being contained within 140m of surface. The current Resource is shown below. Metzke’s Find and Metzke’s North — Indicated and Inferred Resources (ASX 23 June 2026) Table 2: 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) Oxide 500 3.0 50 2,500 1.5 120 3,000 1.7 170 Transition 4,200 4.7 600 8,700 1.7 500 13,000 2.7 1,100 Fresh 102,100 6.1 20,100 32,000 3.5 3,600 134,000 5.5 23,600 Total 106,800 6.0 20,800 43,300 3.0 4,200 150,100 5.2 24,900 Figure 4: Long section of Metzke’s Find/North showing the location of drill intercepts in relation to the current Resource outline. 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 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 near 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 an initial high- grade Resource — since grown to 24,900 oz @ 5.2 g/t Au (84% Indicated) — 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 5: 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 6 Dreadnought’s work plan summary Upcoming News • October: Further Results of target definition work - Mangaroon Gold • October: Results of target generation work - Mangaroon South • October: Upgrade JORC Exploration Target - Gifford Creek • October/November: Results from infill air core drilling at Black Oak - Illaara Gold • October-December: Results from first pass and infill air core drilling - Illaara Gold • November: Results of diamond drilling at Metzke’s Find - Illaara Gold • November: Results from gold and tungsten target definition work - Mangaroon and Mangaroon South 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 • 3 June 2026 Metzke’s North Discovery • 23 June 2026 94% Increase in High-Grade Indicated Resource, 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 7 Snapshot — Illaara Gold (100%) Illaara Gold is Large Scale and Underexplored • Illaara covers over 70 strike km and ~800 km2 of the Illaara Greenstone Belt within the richly endowed Yilgarn Craton of Western Australia. • The Illaara Greenstone Belt is one of the most underexplored and under-drilled greenstone belts in the Yilgarn providing plenty of space for a major discovery. • Covering ~800 km2, it 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 is seeing 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 23 June 2026) Table 3: 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) Oxide 500 3.0 50 2,500 1.5 120 3,000 1.7 170 Transition 4,200 4.7 600 8,700 1.7 500 13,000 2.7 1,100 Fresh 102,100 6.1 20,100 32,000 3.5 3,600 134,000 5.5 23,600 Total 106,800 6.0 20,800 43,300 3.0 4,200 150,100 5.2 24,900 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 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 cashflow can be directed towards exploration for new 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 8 Mangaroon Project Mangaroon covers ~5,000kms2 and is located 250kms 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 27,000 oz Resource at 11.1 g/t Au (98% Measured and 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 30.0Mt @ 1.04% TREO Resource over only ~4.6kms – including a Measured and Indicated Resource of 26.3Mt @ 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 10.8Mt @ 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 into 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 24,900 oz @ 5.2 g/t Au Resource at Metzke’s Find (84% 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 and is located only 85kms 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 9 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, Orion and Metzke’s Find 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 4: 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 23 June 2026) Table 5: 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) Oxide 500 3.0 50 2,500 1.5 120 3,000 1.7 170 Transition 4,200 4.7 600 8,700 1.7 500 13,000 2.7 1,100 Fresh 102,100 6.1 20,100 32,000 3.5 3,600 134,000 5.5 23,600 Total 106,800 6.0 20,800 43,300 3.0 4,200 150,100 5.2 24,900 Yin Ironstone Complex — Yin, Yin South, Y2, Sabre Measured, Indicated and Inferred Resources (ASX 30 November 2023) Table 6: 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 7: 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 8: 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 10 Table 9: 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 MZRC168 214615 6758067 468 -54 95.0 60 RC 9 10 1 0.1 Metzke’s Find MZRC169 214598 6758066 468 -54 89.7 60 RC 30 33 3 1.9 MZRC170 214577 6758067 468 -53 90.4 84 RC - MZRC171 214559 6758067 469 -54 93.6 108 RC 79 81 2 0.5 MZRC172 214558 6758083 468 -55 89.2 110 RC - MZRC173 214582 6758138 469 -55 90.8 84 RC - MZRC174 214612 6758151 469 -54 90.3 24 RC 8 15 7 8.6 including 8 9 1 57.1 MZRC175 214558 6758152 469 -54 87.2 96 RC - MZRC176 214606 6758167 469 -54 90.0 30 RC - MZRC177 214538 6758167 469 -54 87.6 79 RC - MZRC178 214541 6758167 469 -54 89.1 86 RC - MZRC179 214611 6758187 469 -54 91.8 24 RC - MZRC180 214536 6758187 470 -55 92.2 126 RC 112 114 2 4.2 and 98 99 1 0.4 MZRC181 214542 6758166 469 -54 89.2 120 RC 98 99 1 0.1 MZRC182 214556 6758211 470 -55 89.8 90 RC 73 74 1 0.1 MZRC183 214516 6758232 470 -55 88.1 144 RC 120 123 3 0.2 and 135 138 3 0.2 MZRC184 214495 6758228 470 -56 94.7 174 RC - MZRC185 214516 6758251 470 -54 86.9 150 RC 141 144 3 0.1 MZRC186 214577 6758287 471 -55 90.6 60 RC 21 23 2 1.2 MZRC187 214601 6758330 471 -54 91.0 81 RC - MZRC188 214560 6758331 472 -55 89.3 84 RC 42 43 1 0.2 MZRC189 214519 6758331 472 -54 93.9 84 RC - MZDD003 214571 6757997 468 -54 91.5 88.2 DDH Assays Pending MZDD004 214531 6757956 468 -60 90.9 178 DDH MZDD005 214566 6758034 468 -55 34.1 145.5 DDH MZDD006 214531 6758038 469 -60 90.1 143.1 DDH MZDD007 214601 6757896 467 -60 91.0 56.9 DDH MZDD008 214510 6757884 468 -59 90.1 217.3 DDH MZDD009 214616 6758000 468 -55 90.0 20 DDH MZDD010 214561 6758035 468 -59 89.5 115 DDH MZDD011 214521 6758082 469 -60 91.0 156.47 DDH MZDD012 214605 6758031 468 -55 90.8 40.3 DDH MZDD013 214599 6757800 468 -56 92.5 77.8 DDH MZDD014 214647 6757996 467 -59 270.5 90.3 DDH 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 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 adjacent to the rig. An aluminium scoop was used to then sub-sample each spoil pile to create a 2–3kg 3m composite sample in a calico bag. 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 11 Criteria JORC Code explanation Commentary problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. A pXRF is used on site to help determine mineralised samples. Mineralised intervals have the 1m split collected, while unmineralised samples have 3m composites collected. All samples are submitted to ALS Laboratories in Perth for determination of gold by Photon assay from crushed sample (ALS Method Au-PA01). Select samples are also submitted for 48 multi-elements via 4 acid digestion with MS/ICP finish (ALS Code ME-MS61) to assist with lithological interpretation. QAQC samples consisting of duplicates, blanks and CRM’s (OREAS Standards) are inserted through the program at a rate of 1:50 samples. Drilling techniques • Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.). RC Drilling Drilling was completed by Precision Exploration Drilling (PXD) utilising a KWL 350 truck mounted drill rig with additional air from an auxiliary compressor and booster. Bit size was 5¾“. Drill sample recovery • Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery