Announcement PDF Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 ASX ANNOUNCEMENT 17 July 2025 30 June 2025 Quarterly Activities Report The Board of Dreadnought Resources Ltd (ASX:DRE) (“Dreadnought” or “the Company”) is pleased to provide a summary of activities for the quarter ended 30 June 2025. OVERVIEW OF ACTIVITIES (all figures in A$ unless otherwise stated) The Company continues to progress with its Finding More Gold, Faster strategy which included:  Strengthening the balance sheet, securing substantial funding for advancing Mangaroon and Illaara: o $8.5M capital raise with Tranche 1 completed for $6.1M (ASX: 4 Apr 2025) and Tranche 2 completed for $2.4M (ASX: 14 May 2025). o Share purchase plan raising $1.7M (ASX: 17 Apr 2025). o Subscription agreement for $1M with Black Cat Syndicate Ltd (“Black Cat”) to secure the right to negotiate and agree on the terms of the development of the Star of Mangaroon (ASX: 3 Feb 2025). o Director participation $0.2M as approved by shareholders (ASX: 5 Feb 2025; ASX: 9 May 2025).  Being awarded an Exploration Incentive Scheme co funded drilling grant for $120,000 towards first pass RC drilling of the Inevitable Cu-Au target (ASX: 28 Apr 2025).  Securing a $15M Farm-In and JV Agreement with a subsidiary of global miner Teck Resources Ltd (TSE: TECK) over the Money Intrusion, Mangaroon (ASX: 1 May 2025).  Extending the Star of Mangaroon to the south and north of the current Resource (ASX: 20 Jun 2025).  Commencing RC and diamond drilling at various exploration prospects as well as grade control drilling at the Star of Mangaroon (ASX: 23 Jun 2025). Strategy Update – Finding More Gold, Faster With a stronger balance sheet and $10.2M in cash at the end of the quarter, Dreadnought is well positioned to develop the high-grade Star of Mangaroon. Figure 1: RC Rig Drilling at Steve’s Reward ASX:DRE Dreadnought Resources Ltd 1 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 CORPORATE Corporate activities for the quarter included: Funding: Source of Funds $,000 Placement 8,500 Share Purchase Plan 1,666 Director Participation in Placement 220 Total 10,386 Closing Cash on Hand at 30 June 2025 $,000 Bank 1,187 Call deposits 9,000 Total 10,187 Acquisitions (Mangaroon Au): Acquisition of tenement E09/2479 from an unrelated party, key terms include:  $100,000;  Issue of 30,769,231 fully paid ordinary shares valued at $400,000 based on a 5-day VWAP at Completion of $0.013 per share, escrowed until 24 Apr 2026; and  1% NSR royalty. (Completion took place on 24 Apr 2025) Acquisition of the tenements M09/63, E09/2195 and L09/27 from an unrelated party, key terms include:  $200,000;  Issue of 15,384,615 fully paid ordinary shares valued at $200,000 based on a 5-day VWAP at Completion of $0.013 escrowed until 9 May 2026; and  1% NSR royalty. (Completion took place on 9 May 2025) Equity: Issue of Fully Paid Ordinary Shares:  Tranche 1: 510,633,333 shares at $0.012 on 4 Apr 2025.  Tranche 2: 197,700,001 shares at $0.012 on 14 May 2025 as approved at a general meeting held on 9 May 2025.  Share purchase plan: 143,800,000 shares at $0.012 on 23 Apr 2025.  Tenement acquisition: 30,769,231 shares at $0.015 on 24 Apr 2025, escrowed to 24 Apr 2026.  Tenement acquisition: 15,384,615 shares at $0.015 on 9 May 2025, escrowed to 9 May 2026.  Director participation: 22,000,000 shares at $0.010 on 9 May 2025 as approved at a general meeting held on 9 May 2025.  Exercise of options: 12,820 shares upon the exercise of options at $0.075 on 14 May 2025. Options in Lieu of Non-Executive Director Fees: Shareholders approved non-executive directors to receive options in lieu of fees from 1 Sep 2024 to 30 Nov 2025. Accordingly, 4,713,971 options, exercisable at $0.018, were issued on 30 May 2025. ASX:DRE Dreadnought Resources Ltd 2 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 GOLD MANGAROON (100%) The Company is focused on gold. Mangaroon hosts many historical alluvial and shallow hard rock mines, five of which are located on mining leases with minimal barriers to production. The region is known for its free gold. Accordingly, metallurgical work at Star of Mangaroon produced exceptional recoveries from standard gravity and carbon in leach circuits averaging 96.7% combined recovery including an average 74.4% gravity recovery (ASX: 14 Oct 2024). A robust scoping study was announced for the Star of Mangaroon for 23,300 oz @ 12.8 g/t Au (ASX: 28 Jan 2025). The Study economic case generates an Operating Cashflow of ~$40M ($4,100/oz) over one year at an AISC of $1,800/oz. The gold sector is strong with the current spot price above $5,000/oz. At then indicative forward prices of ~$4,600oz an Operating Cashflow of ~$50M. This reflects an Operating Cashflow change of ~$1.9M for each $100 of gold price movement. This lays the foundation for the Company to transform into a self-funded explorer by:  Outsourcing the funding, development, haulage & processing of the high-grade open pit at the Star of Mangaroon to generate a positive cash flow.  Growing the Resource by adding shallow, near-term production ounces though extending the Star of Mangaroon. Dreadnought’s objective remains to commence open pit mining at Star of Mangaroon and in July 2025 commenced grade control drilling (41 RC and 6 diamond holes) (ASX: 23 Jun 2025). Figure 2: Long Section from Popeye through the Star of Mangaroon showing the location of historic and recent drilling highlighting the significant intercepts that are outside the current Resource and scoping study. ASX:DRE Dreadnought Resources Ltd 3 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 Figure 3: Plan view image of a portion of Mangaroon highlighting the main gold and base metal camp-scale prospects/trends. ASX:DRE Dreadnought Resources Ltd 4 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 Overview of Current Discovery Drilling Program Steve’s Reward (100%) Steve’s Reward has a similar lithostructural setting as the Star of Mangaroon. An outcropping gold lode, identified in 1996, produced significant rock chip results, up to 116g/t Au (*123105) over 80m in strike, however, no further work or drilling was undertaken. Recent sampling and detailed mapping identified numerous high-grade subcropping gold rich lodes over an area of ~300 x ~200m with significant rock chip assays including: JRK002: 30.3g/t Au; SRRK008: 49.5g/t Au; SRRK006: 100.5g/t Au; SRRK002: 155.5g/t Au A total of 17 RC holes including two scissor holes have commenced. Figure 4: Plan view image of Steve’s Reward showing mapped and interpreted lode horizons with significant rock chip call outs and the location of drilling. Inevitable (100%) Inevitable has a similar lithostructural setting as the Star of Mangaroon and Tiger VMS. Inevitable is comprised of a string of strong conductors covering ~900m of strike. Follow up mapping of the anomaly identified ~200m of subcropping gossan which returned significant results including: BEM001: 6.6% Cu, 0.7% Pb, 5.1g/t Ag, 0.1g/t Au Subsequent surface geochemistry and ground geophysics has also defined 4 electromagnetic (“EM”) conductors. Inevitable is believed to be similar to the Tiger which may be related to volcanogenic massive sulphides or intrusion related gold/base metals. 5 RC holes, with down hole EM surveys, are planned to test the EM conductors. This program is co-funded by a $120,000 grant from the Geological Survey of Western Australia’s competitive Exploration Incentive Scheme. ASX:DRE Dreadnought Resources Ltd 5 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 ILLAARA (100%) Illaara covers ~800km2 in the Yilgarn region of Western Australia and hosts the high grade Metze’s Find deposit, 14.9k oz @ 6.8g.t Au (ASX: 27 Apr 2023). The project is in the proximty of the Mt Ida Gold Mill (Aurenne) and the Davyhurst Mill (Ora Banda), the local town of Menzies, the major centres of Leonara and Kalgoorlie, and is serviced by the sealed Goldfield Highway and welll-developed shire roads. Drilling is planned for the December 2025 quarter. Figure 5: Illaara Project highlighting prospect areas. ASX:DRE Dreadnought Resources Ltd 6 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 CRITICAL METALS (100%) Overview Mangaroon is a globally significant critical minerals complex with a combined Resource at the Gifford Creek Carbonatite (“Gifford Creek”) and the Yin Ironstones (“Yin”) of 40.82Mt @ 1.03% TREO (67% Measured and Indicated). Mangaroon is located ~250kms northeast of Carnarvon in the Gascoyne Region of Western Australia. Figure 6: Location map of Dreadnought’s critical metals at Mangaroon in relation to other Nb-REE projects within Western Australia and major infrastructure. Gifford Creek At >17km long, Gifford Creek is one of the largest carbonatite complexes globally and already contains multiple critical minerals including niobium, rare earths, titanium, scandium and phosphorus. Due to geopolitical activities there is a rebounding market sentiment for critical metals and Dreadnought has received an increasing amount of third-party commercial interest. ASX:DRE Dreadnought Resources Ltd 7 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 Gifford Creek already hosts the following Resources and Exploration Target: Gifford Creek at 0.70% TREO Cutoff – 100% Inferred (ASX: 28 Aug 2023) Resource (Mt) 10.84 TREO (%) 1.00 Nb2O5 (%) 0.22 Contained TREO (t) 108,000 Gifford Creek Nb Exploration Target – Stinger Only (ASX: 3 Mar 2025) Tonnage Range (Mt) Grade Range (% Nb2O5) 15 - 60Mt 0.5% – 1.0% Contained Nb2O5 (t) 23,700 Contained Nb2O5 Range (t) 150,000 – 300,000t *Note that the potential quality and grade of the Exploration Target is conceptual in nature, there has been insufficient exploration to estimate a Resource, and it is uncertain if further exploration will result in the estimation of a Resource. There has been no material change since the Exploration Target was first announced on 3 March 2025. The Exploration Target has been prepared in accordance with JORC 2012. The Exploration Target has been estimated for Stinger only over an area of ~1,700m x 500m and to a depth of ~120m based on wide spaced drilling to date and excludes: fresh rock depth extensions including drill holes ending in mineralisation; mineralised extensions to Stinger: Discoveries within the region; and other associated critical minerals including rare earths, titanium, scandium, zirconium and phosphate. Gifford Creek contains significant potential for additional critical metals with drill intercepts including:  CBRC115: 102m @ 1.1% TREO from 3m, including 29m @ 2.1% TREO from 76m  CBRC148: 43m @ 11.9% P2O5 from 87m, including 24m @ 14.5% P2O5 from 105m to EOH  CBRC138: 45m @ 181ppm Sc from 48m, including 12m @ 319ppm Sc from 48m  CBRC086: 72m @ 8.6% TiO2 from 12m, including 6m @ 12.8% TiO2 from 66m  CBRC201: 74m @ 0.6% ZrO2 from 78m, including 14m @ 1.2% ZrO2 from 113m Figure 7: Location of significant niobium mineralisation within the limited extent of drilling at Gifford Creek. ASX:DRE Dreadnought Resources Ltd 8 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 Yin Yin has a Resource of 29.98Mt @ 1.04% TREO (87% Measured and Indicated) (ASX: 30 Nov 2023). This Resource contains a high NdPr to total rare earth oxides ratio. The Resource is over only ~4km of the ~43km of ironstones and includes an Indicated Resource of 5.52Mt @ 1.23% TREO over only ~250m of strike (ASX: 5 Jul 2023). Yin Resource at 0.20% TREO Cutoff – 88% Measured and Indicated (ASX: 30 Nov 2023) over only ~10% of Yin Type Oxide and Fresh Ironstone Tonnes (Mt) 29.98 TREO (%) 1.04 Total TREO (t) 312.3 NdPr:TREO Ratio (%) 29 Yin Resource at 1.00% TREO Cutoff – 94% Measured and Indicated (ASX: 30 Nov 2023) over only ~10% of Yin Type Oxide and Fresh Ironstone Tonnes (Mt) 11.63 TREO (%) 1.93 Total TREO (t) 224.3 NdPr:TREO Ratio (%) 29 OTHER PROJECTS The status of other projects is outlined below: MONEY INTRUSION Ni-Cu-Co-PGE (TECK FARM-IN / JOINT VENTURE) Mangaroon hosts known Ni-Cu-Co-PGE sulphides along the >45km long Money Intrusion and an IP survey has confirmed the geophysical signatures of a significant new mineralised system. This system contains high tenor magmatic Ni-Cu-CoPGE.  Dreadnought secured a $15M Farm-In and JV Agreement with a subsidiary of global miner Teck Resources Ltd (TSE: TECK) over the Money Intrusion, Mangaroon (ASX: 1 May 2025). BRESNAHAN (TECK FARM-IN / JOINT VENTURE) The Company has also partnered with Teck Resources Ltd to unlock the potential of a key tenement in this project.  Dreadnought secured a $3.25M Farm-In and JV Agreement with a subsidiary of global miner Teck Resources Ltd (TSE: TECK) over the Bresnahan tenement (ASX: 24 Dec 2024). TARRAJI-YAMPI (80%/100%) Tarraji-Yampi contains the Orion Cu-Au massive sulphide discovery and the project hosts outcropping Cu-Au mineralisation. Dreadnought remains open to joint venturing with interested parties to advance this highly prospective ground. ASX:DRE Dreadnought Resources Ltd 9 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 OTHER DISCOSURES ASX ANNOUNCEMENTS During the quarter, the Company made the following ASX announcements, 9 of which were market sensitive: June 2025 23/06/2025 Gold Drilling Commenced at Mangaroon 20/06/2025 Star of Mangaroon Extended 03/06/2025 Change of Director’s Interest Notice x 2 03/06/2025 Application for quotation of securities – DRE May 2025 26/05/2025 Unmarketable Parcel Sale Facility 16/05/2025 Change of Director’s Interest Notice x 3 and Change in Substantial Holding 14/05/2025 Application for quotation of securities – DRE x 3 and Cleansing Notice 12/05/2025 Application for quotation of securities – DRE 09/05/2025 Results of Meeting 09/05/2025 General Meeting Presentation 05/05/2025 First Gold Drilling Program of the Year Completed 02/05/2025 Webinar Invitation to Shareholders 01/05/2025 $15M Farm-In and JV Agreement – Money Intrusion, Mangaroon April 2025 30/04/2025 Trading Halt 29/04/2025 Quarterly Cashflow Report and Quarterly activities Report – March 2025 28/04/2025 Application for quotation of securities - DRE 17/04/2025 $120,000 EIS RC Drilling Grant 17/04/2025 Application for quotation of securities - DRE 17/04/2025 Cancel – Proposed issue of securities - DRE 17/04/2025 Completion of Share Purchase Plan with Overwhelming Support 14/04/2025 Change of Registered Office Address 14/04/2025 Planned Close of Share Purchase Plan 09/04/2025 Notice of General Meeting / Proxy Form 04/04/2025 Updated – Proposed issue of securities - DRE 04/04/2025 Funding Update – Finding More Gold, Faster 04/04/2025 Share Purchase Plan Offer Document 04/04/2025 Application for quotation of securities – DRE and Cleansing Notice 04/04/2025 Proposed issue of securities – DRE 03/04/2025 Gold Drilling Commenced at Mangaroon ASX:DRE Dreadnought Resources Ltd 10 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 APPENDIX 5B DISCLOSURES The accompanying Appendix 5B (Quarterly Cashflow Report) shows directors’ remuneration (including superannuation) of $50k (Item 6.1) and $64k (Item 6.2), the amounts apportioned between corporate and exploration. During the period, the Company spent $1,775k on exploration and study activities. The expenditure represents direct costs associated with the various studies, surveys, drilling programs and associated assays outlined in this report. CAPITAL STRUCTURE (as at 30 June 2025) Quoted Securities Fully Paid Ordinary Shares 5,079,500,000 Unquoted Securities Options @ $0.065 expiring 14/07/2025 Options @ $0.094 expiring 9/10/2025 Options @ $0.1575 expiring 16/12/2025 Options @ $0.120 expiring 02/03/2026 Options @ $0.075 expiring 14/06/2026 Options @ $0.0225 expiring 29/11/2028 Options @$0.024 expiring 28/02/2029 Options @$0.024 expiring 30/05/2029 Performance Rights (Class D, E & G) expiring 31/12/2025 Performance Rights (Class H & I) expiring 31/12/2025 Performance Rights expiring (Class J) 31/12/2026 Performance Rights expiring (Class K) 31/12/2027 3,500,000 6,000,000 853,098 1,223,151 1,899,680 3,771,176 3,561,666 4,713,971 7,837,500 30,200,000 15,100,000 15,100,000 Dreadnought’s work plan summary Sep 2025 Quarter Dec 2025 Quarter Star of Mangaroon Open Pit Mining, Haul, Process Agreement Approvals and Commencement of Production Mangaroon Drilling Star of Mangaroon extensions, Popeye, Pritchard’s, McCarthy Workings, Steve’s, Cullens, Midday Moon, Nina, Lightening Ridge, Minga Bar and Edmund. Mangaroon Exploration Bordah, High Range and Minga Bar Illaara Drilling (Aircore) Metzke’s, Lawrence, SW BIF Horizon, Black Oak – Homestead ~Ends~ For further information please contact: Dean Tuck Managing Director Dreadnought Resources Limited E: dtuck@dreres.com.au Jessamyn Lyons Company Secretary Dreadnought Resources Limited E: jlyons@dreres.com.au This announcement is authorised for release to the ASX by the Board of Dreadnought. ASX:DRE Dreadnought Resources Ltd 11 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 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 – 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. 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. Paul Payne, a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr. Payne is a full-time employee of Payne Geological Services Pty Ltd and is a shareholder of Dreadnought Resources Limited. Mr. Payne 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. Payne consents to the inclusion in the announcement of the matters based on his information in the form and context that the information appears. Disclaimer References in this announcement may have been made to certain previous ASX announcements, which in turn may have included Exploration Results, Exploration Targets, Mineral Resources, Ore Reserves and the results of Pre-Feasibility Studies. For full details, please refer to the said announcement on the said date. The Company is not aware of any new information or data that materially affects this information. Other than as specified in this announcement and mentioned announcements, the Company confirms it is not aware of any new information or data that materially affects the information included in the original market announcement(s), and in the case of estimates of Mineral Resources that all material assumptions and technical parameters underpinning the estimates in the relevant announcement continue to apply and have not materially changed. 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 announcement. ASX:DRE Dreadnought Resources Ltd 12 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 SCHEDULE OF INTERESTS IN MINING TENEMENTS (as at 30 June 2025) Tenement Project Location Status E04/2315 E04/2508 E04/2557 E04/2608 E04/2860 E04/2861 E04/2862 E04/2863 E08/3178 E08/3229 E08/3274 E08/3275 E08/3439 E08/3539 E08/3740 E09/2195 E09/2290 E09/2359 E09/2370 E09/2383 E09/2384 E09/2405 E09/2422 E09/2433 E09/2448 E09/2449 E09/2450 E09/2467 E09/2473 E09/2478 E09/2479 E09/2535 E09/2616 E09/2937 E09/2982 E09/2994 E09/2999 M09/0063 M09/0091 M09/0146 M09/0147 M09/0174 M09/0175 G09/0030 L09/0027 L09/0104 L09/0108 L09/0114 L09/0115 L09/0116 E29/0957 E29/0959 E29/0965 E29/1050 E29/1153 Tarraji Yampi Yampi Yampi Tarraji Tarraji Tarraji Tarraji Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Mangaroon Illaara Illaara Illaara Illaara Illaara Kimberley, WA Kimberley, WA Kimberley, WA Kimberley, WA Kimberley, WA Kimberley, WA Kimberley, WA Kimberley, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Yilgarn, WA Yilgarn, WA Yilgarn, WA Yilgarn, WA Yilgarn, WA Granted Granted Granted Granted Application Application Application Application Granted Granted Granted Granted Granted Application Application Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Application Application Application Application Granted Granted Granted Granted Granted Granted Application Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted ASX:DRE Interest Start of Quarter 80%1 100% 100% 100% 100% 100%4 100% 100% 100% 100% 100% 100% 100% 100% 100%4 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Interest End of Quarter 80%1 100% 100% 100% 100% 100% 100%2 100% -4 100%3 100% 100%2 100% 100%3 100%2 100% 100% 100%2 100% 100% 100% 100% 100%2 100% 100%3 100% -4 100%3 100% 100% 100% 100% 100% 100%3 100% 100% 100% 100%3 100%3 100% 100% 100% 100% 100% Dreadnought Resources Ltd 13 Unit 1, 4 Burgay Court, Osborne Park, WA 6017 +61 8 8345 9473 8345 +61 (08) 9473 info@dreres.com.au info@dreres.com.au www.dreadnoughtresources.com.au Unit 1, 4 Burgay Court Osborne Park WA 6017 Tenement Project Location Status E29/1204 E29/1205 E30/0471 E30/0476 E30/0485 E30/0554 E30/0558 E52/3412 E52/3462 E52/3936 E52/4083 E52/4139 E52/4141 E52/4142 E52/4143 E52/4144 E52/4145 E52/4228 Illaara Illaara Illaara Illaara Illaara Illaara Illaara Bresnahan Bresnahan Bresnahan Bresnahan Bresnahan Bresnahan Bresnahan Bresnahan Bresnahan Bresnahan Bresnahan Yilgarn, WA Yilgarn, WA Yilgarn, WA Yilgarn, WA Yilgarn, WA Yilgarn, WA Yilgarn, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Gascoyne, WA Granted Granted Granted Granted Granted Granted Application Granted Granted Granted Granted Application Application Granted Granted Application Granted Granted 1 2 3 4 Interest Start of Quarter 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Interest End of Quarter 100% 100% 100% 100% 100% 100% -4 -4 -4 -4 -4 -4 100%2 -4 -4 -4 -4 E04/2315 subject to an 80/20 JV with Whitewater Resources Pty Ltd. Subject to a Farm-in Joint Venture arrangement with Teck Resources Pty Ltd. Acquired / applications granted during the quarter. Surrendered / application withdrawn during the quarter. RESOURCES SUMMARY Yin Ironstone Complex – Yin, Yin South, Y2, Sabre Measured, Indicated and Inferred Resources Table 1: Summary of Yin Resources at 0.20% TREO Cut-off. Resource Classification Geology Measured Oxide Measured Fresh Measured Subtotal Indicated Oxide Indicated Fresh Indicated Subtotal Inferred Oxide Inferred Fresh Inferred Subtotal Total Oxide Total Fresh TOTAL Resource (Mt) TREO (%) Nd2O3+Pr6O11 (kg/t) NdPr:TREO Ratio (%) 2.47 2.70 5.17 13.46 7.67 21.13 1.51 2.17 3.68 17.44 12.54 29.98 1.61 1.09 1.34 1.06 0.95 1.02 0.75 0.75 0.75 1.11 0.95 1.04 4.6 3.0 3.8 3.1 2.8 3.0 1.9 2.1 2.0 3.2 2.7 2.9 29 27 28 29 29 29 25 28 27 29 29 29 Contained TREO (t) 39,700 29,500 69,300 142,600 72,800 215,400 11,200 16,300 27,600 193,600 118,700 312,300 Contained Nd2O3+Pr6O11 (t) 11,400 8,100 19,500 41,000 21,300 62,300 2,800 4,500 7,300 55,300 33,900 89,300 Gifford Creek Carbonatite – Inferred Resource Table 2: Summary of the Gifford Creek Carbonatite Inferred Resource at various % TREO Cut-offs. Cut-Off (%TREO) 0.90 0.70 0.50 0.30 Resource (Mt) 5.73 10.84 20.55 45.87 TREO (%) 1.18 1.00 0.80 0.58 NdPr:TREO (%) 21 21 21 21 Nb2O5 (%) 0.25 0.22 0.15 0.10 P2O5 (%) 3.8 3.5 3.0 2.7 TiO2 (%) 5.4 4.9 3.9 3.0 Sc (ppm) 92 85 68 52 Contained TREO (t) 67,500 108,000 164,600 265,300 Contained Nb2O5 (t) 14,500 23,700 31,100 44,800 Star of Mangaroon – Indicated and Inferred Resources Table 3: Resource (2g/t Au cut-off grade) - Numbers may not add up due to rounding. Type Transition Fresh Total ASX:DRE Indicated Tonnes 1,900 42,500 44,400 Au (g/t) 26.9 13.0 13.6 Inferred Au (Oz) 1,700 17,800 19,500 Tonnes 12,200 12,200 Au (g/t) 9.8 9.8 Total Au (Oz) 3,900 3,900 Tonnes 1,900 54,700 56,600 Au (g/t) 26.9 12.3 12.8 Au (Oz) 1,700 21,700 23,400 Dreadnought Resources Ltd 14