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 2 November 2026 Strong Gold Anomalism Continues at Black Oak – Illaara Gold HIGHLIGHTS • Dreadnought has received assays from the first 115 holes (6,554m) out of a 234-hole program (14,559m) drilled at the Black Oak prospect within the Illaara Gold Project (“Illaara”). Air core drilling was designed to define bedrock targets within the ~7km long Black Oak for RC drilling with a focus on making a large-scale gold discovery as part of Dreadnought’s Finding More Gold, Faster strategy. • Drilling continued to define a continuous mineralised structure over ~1.5km, remaining open along strike, with significant intercepts from the drilling program including: • 15m @ 0.9g/t Au from 27m, including 3m @ 4.0 g/t Au from 36m (ILAC0595) • 12m @ 0.6g/t Au from 39m, including 3m @ 1.7g/t Au from 39m (ILAC0568) • 9m @ 0.8 g/t Au from 9m, including 3m @ 1.5 g/t Au from 9m (ILAC0593) • 15m @ 0.3 g/t Au from 9m, including 3m @ 1.0 g/t Au from 12m (ILAC0594) • 6m @ 0.8 g/t Au from 78m, including 3m @ 1.3 g/t Au from 81m (ILAC0605) • The follow up air core drilling at Black Oak is now complete with a total of 234 holes (14,559m). The air core rig has now moved to the southern parts of Illaara to drill new areas with wide-spaced first-pass air core to generate more targets for follow up drilling. First-pass, wide-spaced air core drilling has only been completed over ~10% of the Illaara greenstone belt and identified thirteen distinct gold mineralised corridors ranging from ~1.5 km to >7 km in strike, with strong orogenic gold pathfinder geochemistry (silver, arsenic, antimony, tellurium and tungsten). • Given the significant results from Black Oak, this prospect has been made a high priority for the remainder of this year and next. An RC rig will commence discovery drilling in Nov-Dec 2026 with results expected in Dec-Feb 2027. Results from the remaining 119 holes at Black Oak are expected in Nov 2026. Dreadnought Resources Ltd (“Dreadnought”) is pleased to announce results from air core drilling at the 100% owned Illaara Gold Project, in the Yilgarn region of WA. Dreadnought’s Managing Director, Dean Tuck, commented: "Black Oak continues to deliver the promising results we want to see from air core drilling. This drilling has demonstrated the scale and continuity of the mineralised structure and allowed us to home in on the location of the mineralised lodes and define targets for RC drilling. Illaara is one of the last major greenstone belts in the Yilgarn without systematic gold exploration immediately next door to the millions of ounces of Resources and production in the Mt Ida / Ularring Greenstone Belt. Making a major gold discovery is central to our Finding More Gold, Faster strategy, and we look forward to the remaining results from ongoing air core drilling and defining targets for RC discovery drilling from Nov 2026." Figure 1: Photo of air core chips from ILAC0595 showing the lower mineralised intervals within a zone of silica rich and iron stained saprolite developed near the volcanic sediment contact returning 9m @ 0.6g/t Au from 63m. 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 Figures 2: Cross sections through Black Oak highlighting gold anomalism within the regolith and significant gold intercepts, including within fresh bedrock, on the sheared contact between ultramafic and mafic volcanic rocks. 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 Black Oak Prospect In 2007, a previous owner identified Black Oak by defining a ~3,000m long auger gold-in-soil anomaly. The wide spaced auger anomaly was never followed up as the owner pivoted to iron ore. In 2020, Dreadnought undertook surface sampling, identifying a large gold-in-soil anomaly over a sheared mafic-ultramafic and sedimentary horizon with banded iron formations and gossanous outcrops. These features included outcropping gold mineralisation associated with gossanous quartz veins. In 2020 and 2021, Dreadnought drilled three fencelines covering ~200m strike over the core of the gold-in-soil anomaly producing numerous thick oxide gold intercepts associated with sheared ultramafics and sediments with locally abundant quartz-sulphide veining within a deep weathering profile. Intercepts included: • 18m @ 0.3 g/t Au from 138m, including 1m @ 1.8 g/t Au from 141m (BORC010) • 5m @ 0.8 g/t Au from 70m, including 1m @ 3.3 g/t Au from 73m (BORC009) • 8m @ 0.6 g/t Au from 76m, including 1m @ 3.1 g/t Au from 80m (BORC005) Earlier this year, wide spaced air core drilling extended Black Oak to >7 km with intercepts including: (ASX 22 June 2026) • 21m @ 0.3 g/t Au from surface, including 3m @ 1.1 g/t Au from 3m (ILAC0139) • 9m @ 0.5 g/t Au from 33m, including 3m @ 1.4 g/t Au from 36m (ILAC0139) • 18m @ 0.8 g/t Au from 36m to EOH, including 3m @ 1.8 g/t Au from 51m to EOH (ILAC0483) Follow up air core drilling over ~3.3km strike of Black Oak (234 holes, 14,559m) was undertaken with results of the first 115 holes (6,554m) defining a continuous mineralised structure over ~1.5km strike, remaining open along strike. First results from the program include: • 15m @ 0.9g/t Au from 27m, including 3m @ 4.0 g/t Au from 36m (ILAC0595) • 12m @ 0.6g/t Au from 39m, including 3m @ 1.7g/t Au from 39m (ILAC0568) • 9m @ 0.8 g/t Au from 9m, including 3m @ 1.5 g/t Au from 9m (ILAC0593) • 15m @ 0.3 g/t Au from 9m, including 3m @ 1.0 g/t Au from 12m (ILAC0594) • 6m @ 0.8 g/t Au from 78m, including 3m @ 1.3 g/t Au from 81m (ILAC0605) The mineralised corridor appears to be associated with zones of shearing between fractionated mafic-ultramafic volcanics and a sulphidic sedimentary sequence. Mineralisation identified to date is shallow, starting from surface in some locations, and is open at depth with strong orogenic gold pathfinder anomalism (Ag-As-Sb-Te-W +/- Mo-Bi). Air core drilling at Black Oak over priority 1 areas is complete with results from the remaining 119 holes expected in Nov 2026. Figure 3: Plan view map of the large-scale air core anomalies at Black Oak over magnetics showing the location of previous, completed and planned drill holes with significant intercepts highlighted. 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 Overview of Air Core Drilling Program Because Illaara was previously held for its iron ore potential rather than gold, it is one of the most underexplored greenstone belts in the Yilgarn Craton, and one of the only belts yet to be covered by systematic air core drilling. Air core drilling is an essential tool in the search for gold deposits, a fast and inexpensive method of exploring large areas. Systematic air core drilling has played a key role in several major West Australian gold discoveries, including Hemi, Gruyere, Tropicana and Garden Well (these examples illustrate the role of the drilling method and are not an indication that similar mineralisation exists at Illaara). Air core drills through the cover and weathered rock that sits above bedrock (fresh rock) across most of the Yilgarn. The method is used as an initial test to identify: the depth of the weathered rock and soil (regolith); the underlying geology; and low-level gold anomalies, alteration, and related geochemistry that could point to a gold system in the fresh rock below. Initial first-pass drilling is wide-spaced with drill lines ~800m apart and holes ~200m apart along each drill line. Upon low-level anomalism and alteration being identified, a commitment can then be made to detailed follow-up work involving close-space infill air core drilling to further define target areas for testing with more powerful RC and diamond drilling techniques. Follow-up infill drilling has been completed over most of Black Oak (234 holes, 14,559m). Given the significant results to date, highlighting the scale and tenor of mineralisation in the saprolite, an RC drill program will commence in Nov 2026. Air core drilling will finish for the year in Dec 2026 with results expected throughout the remainder of 2026 and into February 2027. Figure 4: Plan view geology map of Illaara showing the location of planned air core hole locations in relation to known gold prospects and previous air core drilling. 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 ~800 km2 and ~70 km strike of a greenstone belt located ~190 km north-west of Kalgoorlie. Illaara is one of the most underexplored greenstone belts in the Yilgarn Craton and is situated close 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 ~55 km 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 (24,900 oz @ 5.2 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 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 Dec 2026 Quarter March 2027 Quarter June 2027 Quarter Star of Mangaroon Approvals and commencement of mining, production and processing. Mangaroon Discovery Target definition programs RC drilling defined targets Metzke’s Find Resource and study related work, mining proposal and approvals submission Illaara Discovery Air core and RC drilling Gifford Creek Niobium mineralogical and metallurgical test-work Upcoming News • November: Further results of target definition work - Mangaroon Gold • November: Results of target generation work - Mangaroon South • November: Further results from infill air core drilling at Black Oak - Illaara Gold • November-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 • November: Commencement of RC drilling at Black Oak - Illaara Gold • December-February: Results from RC drilling at Black Oak - 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 • 3 June 2026 Metzke’s North Discovery • 15 June 2026 Three 2km Strike and Growing Anomalies at Illaara Gold • 22 June 2026 7km Strike Anomaly Identified and Growing • 23 June 2026 94% Increase in High-Grade Indicated Resource, Metzke’s Find • 10 August 2026 Significant Bedrock Anomalism at Black Oak and CRA Homestead ~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 significant scope for new discoveries. • 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 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 23 June 2026) 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) 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 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 can be directed towards further exploration and discovery. 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 ~5,000km2 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 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 significant and 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 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 from 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 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 may 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 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 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 Yin Ironstone Complex — Yin, Yin South, Y2, Sabre Measured, Indicated and Inferred Resources (ASX 30 November 2023) Table 4: Summary of Yin Resources at 0.20% TREO Cut off. Type Measured Indicated Inferred Total Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (kt) 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 5: Summary of Yin Resources at 1.00% TREO Cut off. Type Measured Indicated Inferred Total Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (kt) Tonnes (Mt) TREO (%) TREO (kt) 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 6: 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 7: Drill Collar Data (GDA94 MGAz51) and Significant Intercepts (>0.1 g/t Au) Hole ID Easting Northing RL Dip Azi EOH Type Prospect ILAC0483 217671 6758794 451 -90 0 54 AC Black Oak ILAC0494 217906 6758695 470 -90 0 31 AC ILAC0495 217846 6758701 465 -90 0 50 AC ILAC0496 217799 6758702 471 -90 0 87 AC ILAC0497 217749 6758706 470 -90 0 61 AC ILAC0498 217694 6758702 469 -90 0 54 AC ILAC0499 217648 6758700 465 -90 0 69 AC ILAC0500 217547 6758701 471 -90 0 53 AC ILAC0501 217601 6758708 471 -90 0 55 AC ILAC0502 217501 6758706 470 -90 0 49 AC ILAC0503 217501 6758603 469 -90 0 55 AC ILAC0504 217549 6758603 468 -90 0 28 AC ILAC0505 217599 6758606 469 -90 0 47 AC ILAC0506 217649 6758602 469 -90 0 55 AC ILAC0507 217706 6758606 469 -90 0 57 AC ILAC0508 217754 6758600 469 -90 0 99 AC ILAC0509 217800 6758591 471 -90 0 75 AC ILAC0510 217851 6758603 472 -90 0 61 AC ILAC0511 217896 6758602 472 -90 0 60 AC ILAC0512 217454 6758800 475 -90 0 55 AC ILAC0513 217852 6758800 472 -90 0 77 AC ILAC0514 218253 6758802 483 -90 0 58 AC ILAC0515 218305 6758802 479 -90 0 33 AC ILAC0516 218348 6758803 476 -90 0 20 AC ILAC0517 218403 6758800 475 -90 0 5 AC ILAC0518 217399 6758897 480 -90 0 45 AC ILAC0519 217499 6758892 475 -90 0 78 AC ILAC0520 217548 6758896 475 -90 0 55 AC ILAC0521 217599 6758908 473 -90 0 68 AC ILAC0522 217651 6758901 473 -90 0 49 AC ILAC0523 217699 6758886 472 -90 0 66 AC ILAC0524 217751 6758901 472 -90 0 80 AC ILAC0525 217802 6758900 472 -90 0 75 AC ILAC0526 217899 6758894 474 -90 0 32 AC ILAC0527 217900 6759002 473 -90 0 42 AC ILAC0528 217794 6759000 476 -90 0 99 AC ILAC0529 217747 6759007 477 -90 0 86 AC ILAC0530 217698 6759017 465 -90 0 102 AC ILAC0531 217654 6759005 465 -90 0 57 AC ILAC0532 217597 6759000 465 -90 0 56 AC ILAC0533 217550 6759001 465 -90 0 43 AC ILAC0534 217485 6758990 465 -90 0 71 AC ILAC0535 217399 6759002 465 -90 0 57 AC ILAC0536 217903 6759097 465 -90 0 35 AC ILAC0537 217802 6759098 465 -90 0 47 AC ILAC0538 217753 6759103 476 -90 0 77 AC ILAC0539 217698 6759102 465 -90 0 102 AC ILAC0540 217646 6759104 465 -90 0 57 AC ILAC0541 217605 6759106 465 -90 0 48 AC ILAC0542 217555 6759100 465 -90 0 45 AC ILAC0543 217500 6759101 479 -90 0 42 AC ILAC0544 217399 6759098 483 -90 0 39 AC ILAC0545 218255 6759200 465 -90 0 12 AC ILAC0546 218152 6759202 465 -90 0 30 AC ILAC0547 217860 6759205 465 -90 0 26 AC ILAC0548 217755 6759199 465 -90 0 75 AC ILAC0549 217452 6759202 465 -90 0 41 AC ILAC0550 217350 6759202 465 -90 0 46 AC ILAC0551 217252 6759199 482 -90 0 66 AC 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 Hole ID Easting Northing RL Dip Azi EOH Type Prospect ILAC0552 217792 6759311 465 -90 0 35 AC Black Oak ILAC0553 217750 6759296 465 -90 0 51 AC ILAC0554 217702 6759294 478 -90 0 88 AC ILAC0555 217648 6759299 465 -90 0 105 AC ILAC0556 217597 6759290 478 -90 0 63 AC ILAC0557 217546 6759301 480 -90 0 63 AC ILAC0558 217496 6759298 479 -90 0 43 AC ILAC0559 217445 6759298 480 -90 0 65 AC ILAC0560 217395 6759301 482 -90 0 48 AC ILAC0561 217297 6759317 483 -90 0 77 AC ILAC0562 217196 6759297 481 -90 0 94 AC ILAC0563 217799 6759395 479 -90 0 19 AC ILAC0564 217744 6759395 478 -90 0 19 AC ILAC0565 217702 6759398 478 -90 0 63 AC ILAC0566 217649 6759399 478 -90 0 81 AC ILAC0567 217597 6759400 478 -90 0 94 AC ILAC0568 217547 6759400 478 -90 0 79 AC ILAC0569 217501 6759395 478 -90 0 54 AC ILAC0570 217447 6759399 478 -90 0 46 AC ILAC0571 217401 6759404 479 -90 0 66 AC ILAC0572 217300 6759401 483 -90 0 70 AC ILAC0573 217201 6759405 480 -90 0 81 AC ILAC0574 217105 6759413 479 -90 0 77 AC ILAC0575 217750 6759501 480 -90 0 23 AC ILAC0576 217698 6759500 480 -90 0 46 AC ILAC0577 217649 6759496 480 -90 0 52 AC ILAC0578 217599 6759499 480 -90 0 74 AC ILAC0579 217554 6759498 481 -90 0 57 AC ILAC0580 217250 6759497 483 -90 0 73 AC ILAC0581 217298 6759502 484 -90 0 62 AC ILAC0582 218050 6759601 487 -90 0 19 AC ILAC0583 217947 6759602 487 -90 0 32 AC ILAC0584 217851 6759598 481 -90 0 37 AC ILAC0585 217801 6759599 481 -90 0 32 AC ILAC0586 217748 6759599 480 -90 0 14 AC ILAC0587 217698 6759600 481 -90 0 35 AC ILAC0588 217300 6759598 486 -90 0 61 AC ILAC0589 217246 6759602 484 -90 0 37 AC ILAC0590 217697 6759813 485 -90 0 20 AC ILAC0591 217648 6759797 484 -90 0 34 AC ILAC0592 217595 6759803 483 -90 0 36 AC ILAC0593 217547 6759796 484 -90 0 45 AC ILAC0594 217540 6759794 484 -90 0 69 AC ILAC0595 217499 6759802 483 -90 0 96 AC ILAC0596 217446 6759799 484 -90 0 93 AC ILAC0597 217398 6759797 485 -90 0 61 AC ILAC0598 217349 6759800 484 -90 0 80 AC ILAC0599 217304 6759805 484 -90 0 75 AC ILAC0600 217250 6759798 485 -90 0 59 AC ILAC0601 217199 6759797 484 -90 0