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 7 September 2026 Gold and Tungsten-in-Soil Anomalies at Bordah – Mangaroon Gold HIGHLIGHTS • Target definition work at Bordah has extended gold-in-soil anomalism to >10 km in strike and up to ~2 km in width. This is beyond the previously drilled Steve’s Reward (Figure 1) and has identified a strong intrusion related gold-pathfinder-geophysical anomaly adjacent to a strong tungsten-in-soil anomaly. • The intrusion gold target is defined by a large-scale gold-in-soil anomaly associated with a partially exposed reduced intrusion and a strong As-Mo-Pb-Ag +/- Bi-Sb pathfinder anomaly in the overlying Leake Spring Metamorphics. Intrusion related gold systems can form large scale gold and gold-tungsten deposits. • The tungsten target is located ~2 km east of the intrusion related gold target (Figure 1) and is defined by a strong tungsten-in-soil anomaly with coincident Bi-Mo-Sn-Te +/- Ag-Cu-Pb pathfinder anomalism, elements typically found alongside intrusion related tungsten deposits. Importantly, this geochemical soil anomaly is stronger than the recently announced Nina tungsten target which contains confirmed high-grade scheelite mineralisation. • Detailed mapping and additional surface sampling will be undertaken at both targets ahead of discovery drilling in late 2026 or early 2027. Dreadnought Resources Ltd (“Dreadnought”) is pleased to provide an update on exploration activities at the 100% owned Mangaroon Gold Project, in the Gascoyne region of WA. Dreadnought’s Managing Director, Dean Tuck, commented: “Making a large-scale discovery is a key pillar of our Finding More Gold Faster Strategy. This target definition program at Mangaroon continues to put runs on the board as we aim to have drill targets defined by the end of 2026. These infill and extension soil results from Bordah have continued to build upon the strong gold-in-soil anomalies extending out from Steve’s Reward and have generated two new targets, a large-scale intrusion-related gold target and related tungsten target. These anomalies are strongly correlated with major structures and intrusions interpreted from magnetics surveys. We look forward to the results of follow up mapping and surface sampling work as we confirm the source of anomalism within this highly prospective region at Mangaroon.” Figure 1: Plan view image of Bordah soils showing the soil sample points and contoured gold-in-soil anomalism in relation to key targets and previous drilling undertaken by 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 2 Background on Bordah Target Definition Bordah is a ~12km x ~7km camp scale prospect located within metasediments, volcanics, cherts and banded iron formations of the 2.4 Ga Leake Spring Metamorphics in proximity to the Magweera and Jimmy Well shear zones. Both zones are splays off the crustal scale Minga Bar Fault. The occurrence of major structural splays, reduced intrusions and host rocks with significant chemical and rheological contrasts is prospective for intrusion related and orogenic gold. Recently completed target generation and definition soil surveys have identified several strong gold-in-soil anomalies and associated Ag-As-Bi-Mo-Sb-Te-W +/- Cu-Pb-Zn pathfinder anomalism. There are several sub-cropping gold lodes highlighting that mineralisation comes to surface with little cover. The first ever drilling into lodes at Steve’s Reward, located within Bordah, intersected multiple veins coming to surface with significant results including (ASX 24 Jul 2025): SRRC001: 4m @ 4.1 g/t Au from 6m, including: 2m @ 6.8 g/t Au from 7m SRRC001: 3m @ 2.1 g/t Au from 54m SRRC012: 3m @ 2.9 g/t Au from 7m Significantly, target definition soil sampling continues to extend the size and strength of gold-in-soil anomalism. The gold anomaly now extends well beyond Steve’s Reward and is >10 km in strike and up to 2 km in width, remaining open in multiple directions. Bordah Intrusion Gold This large-scale intrusion-related gold target is now defined by geology, surface geochemistry and geophysics. Intrusion-related gold deposits form when gold-bearing fluids are released from cooling granite intrusions, creating extensive networks of thin, gold-bearing quartz veins in and around the causative pluton which are often associated with tungsten. While individual veins can be narrow, their combined density often supports large, bulk-tonnage gold deposits. Examples include Kinross' Fort Knox mine in Alaska, Snowline Gold's Rogue project in the Yukon, and Vista Gold's Mount Todd project in the Northern Territory, which together represent tens of millions of ounces of gold resources and production. This deposit style has become a globally significant source of gold discovery over the past two decades, spanning the Americas and Australia and has been a working hypothesis model for Mangaroon. The target is defined by an interpreted reduced intrusion within an elongate magnetic low that is partially exposed with a preserved roof of Leake Spring Metamorphics. Importantly, these preserved roof zones, shoulders and carapace of the intrusion are the most prospective for hosting gold mineralisation. On the periphery of the intrusion is a magnetic high which may be caused by contact metamorphic hornfelsing of the overlying Leake Spring Metamorphics and is associated with a strong gold and zoned As- Mo-Pb-Ag +/- Bi-Sb pathfinder anomaly. Further support for the wider intrusion- related gold system is the tungsten target that is located ~2 km east. Detailed mapping and surface sampling of the gold target will commence later this month and continue into October 2026. Figure 2: A series of plan view images of the intrusion gold and tungsten targets showing magnetic features of the partially exposed intrusion in relation to gold-in-soil and pathfinder anomalism. 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 Bordah Tungsten The tungsten anomaly is located in a zone of Leake Spring Metamorphics within close proximity to several intrusives and a major splay off the crustal scale Minga Bar shear zone ~50km along strike from Nina Tungsten. The anomaly is ~900m x 300m tungsten-in-soil anomaly which is similar in size, but stronger than Nina where high-grade tungsten mineralisation has been identified over a zone ~800m long and ~100m width. Significant rock chips from Nina include: 9926: 12.7% WO3 9833: 6.8% WO3 9801: 1.9% WO3 9933: 1.8% WO3 NIRK002: 6.5% WO3 NIRK003: 3.3% WO3 NIRK011: 2.4% WO3 NIRK009: 1.4% WO3 Detailed mapping and surface sampling of the tungsten anomaly will commence later this month and continue into October 2026. Figure 3: Plan view maps at the same scale comparing the tungsten-in-soil anomaly at Bordah (left) to Nina (right) with the Nina map showing the location of historical and Dreadnought rock chips across the “high-grade” zone. Target Generation and Target Definition Programs Target generation and definition work continues across Mangaroon. Targets are generated from prospective rock types and structural settings, combined with anomalous gold and pathfinder results in stream sediment sampling. These broad areas are then narrowed into drill targets using closer-spaced soil sampling and detailed geological mapping. Stream sediment sampling has highlighted seven camp scale prospects. Significantly, many of these prospects contain stronger and/or larger gold and pathfinder anomalies than around the Star of Mangaroon. The Star of Mangaroon is the only camp scale prospect currently with a history of gold production and targeted gold exploration. With the camp scale prospects generated at High Range North, High Range Northwest, High Range South, Minga Bar and Bordah, exploration has now turned to defining drill targets through: systematic soil sampling; detailed mapping; and lithostructural interpretations. Soil sampling is complete, with the remaining results expected during September 2026. A summary of the camp scale prospects is shown in Table 1. Table 1: Description of camp scale prospects and status of target definition work. 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 Mangaroon Mangaroon covers ~4,500km2 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-Tungsten (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 seven camp scale gold opportunities at Bordah, High Range (North, South, North West), Alma, Minga Bar and Star of Mangaroon. The project contains more advanced gold prospects including 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 11.1g/t Au (99% Measured & Indicated). Within Mangaroon, tungsten has been observed in close association with the gold systems around Star of Mangaroon, Minga Bar and Bordah including the high-grade tungsten outcrops at Nina and Mulka Well, at Mangaroon South, and now Bordah. Figure 4: Plan view map of Mangaroon showing the location of major prospects and the Money Intrusion JV. 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 Upcoming News • September: Further Results of target definition work - Mangaroon Gold • September: Results of target generation work - Mangaroon South • September: Upgrade JORC Exploration Target - Gifford Creek • September/October: Metzke’s Find study - Illaara Gold • October: 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 from gold and tungsten target definition work - Mangaroon and Mangaroon South For further information please refer to previous ASX announcements: • 25 November 2020 Mangaroon Ni-Cu-PGE & Au Project • 12 September 2022 Star of Mangaroon Acquisition & Consolidation • 7 June 2023 Mangaroon Gold Review and Further Consolidation • 26 July 2024 Consolidation, Growth & Commercialisation • 30 January 2025 Further Consolidation and High-Grade Gold at Mangaroon • 23 June 2025 Gold Drilling Commenced at Mangaroon • 24 November 2025 Thick, Near Surface Gold Intercepts from Cullen’s Find • 9 February 2026 High Grade Gold Upgrades from Mangaroon Gold • 24 February 2026 New Camp Scale Prospect at Mangaroon Gold • 12 August 2026 15km Gold-in-Soil Anomaly along Minga Bar • 17 August 2026 High-Grade Tungsten Opportunity Across Mangaroon and Mangaroon South • 19 August 2026 Multiple Gold-in-Soil Anomalies within High Range ~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 — Mangaroon Gold (100%) Mangaroon Gold is Large Scale • Mangaroon covers ~5,000km2 with an initial focus on the gold system situated over the Mangaroon Shear Zone between the crustal scale Minga Bar and Edmund Faults with multiple phases of intrusions. Numerous historical workings along the Mangaroon Shear Zone have only seen limited drilling. This area also contains the ~12km x 7km Bordah and ~50km long High Range prospects where limited previous exploration has identified outcropping gold and base metal mineralisation. Self-Funded Explorer Strategy • Dreadnought’s strategy is to transform into a self-funded explorer. This involves a high-grade open pit at the Star of Mangaroon where funding, development, haulage and 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. 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 fractured, small-scale ownership with Dreadnought now undertaking modern exploration for the first time. Significant, Step-change, Growth Potential • Five historical mines developed on outcropping mineralisation and dozens of gold occurrences along highly prospective structural corridors. • Dreadnought is deploying modern geochemical and geophysical techniques to explore for mineralisation under shallow cover. These techniques have already generated new prospects with stronger and larger signatures than the historical mines, including the region’s largest high-grade producer at the Star of Mangaroon mine. • Project-wide stream sediment sampling and geophysical surveys have identified additional camp scale prospects at Bordah and High Range. Shallow, High-grade Gold • The Resource at Star of Mangaroon contains shallow, high-grade gold as per Table 2 below: Table 2: 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 Exceptional Metallurgical Recoveries • 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). 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 ~4,500km2 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 seven 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 11.1g/t Au (99% Measured & 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 ~4.6km – 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 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, 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, Mineral 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 23 June 2026) 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) 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 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 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. Rock Chips Rock Chips were collected by Dreadnought staff and submitted for analysis. Rock chips are random, subject to bias and often unrepresentative for the typical widths required for economic consideration. They are by nature difficult to duplicate with any acceptable form of precision or accuracy. Rock chips have been collected by Dreadnought to assist in characterising different lithologies, alterations and expressions of mineralisation. In many instances, several rock chips were collected from a single location to assist with characterising and understanding the different lithologies, alterations and expressions of mineralisation present at the locality. Rock chips were submitted to ALS Laboratories in Perth for determination of gold by fire assay and ICP-MS finish (ALS Method Au-ICP22) and 48 other elements by four acid digest and ICP-MS finish (ALS Method ME-MS61). Soil Sampling Soil samples were collected by Dreadnought and contractor (OZEX Exploration Services) personnel on a 800x50m, 400x50m, 200x50m or 100x50m grid across the Project. Samples were collected by digging a 30x30x10cm pit, homogenising and then sieving and collection of a dry 200g - 177µm sample. Soils samples were submitted to Labwest (Perth) for Ultra Fine Fraction (UFF) separation (<2µm) and analysis by Aqua Regia ICP-MS & ICP-OES for determination of Au and 45 other elements. Stream Sediment Sampling Soil samples were collected by Dreadnought and contractor (OZEX Exploration Services) personnel on a ~1 sample per 5 sq km drainage catchment across the Project and infilled to ~1 sample per 1 sq km drainage catchment in areas of interest. Samples were collected by digging multiple pits across active drainage lines in areas with the finest material and then sieving and collection of a dry 200g -177µm sample. Stream sediment samples were submitted to Labwest (Perth) for Ultra Fine Fraction (UFF) separation (<2µm) and analysis by Aqua Regia ICP-MS & ICP-OES for determination of Au and 45 other elements. 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.). No drilling reported. Drill sample recovery • Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. No drilling reported. Logging • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. • The total length and percentage of the relevant intersections logged. No drilling reported. Sub-sampling techniques and sample preparation • If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc. Rock Chips Entire rock chips were submitted to the lab for sample prep and analysis. 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 Criteria JORC Code explanation Commentary and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the grain size of the material being sampled. Stream Sediment and Soil Samples Stream sediment and soil samples were submitted to LabWest in Perth where the -2 µm particle size fraction is extracted using the UltraFine met