Dreadnought Resources Ltd has concluded an extensive 77-hole drilling campaign at its Mangaroon project in Western Australia, delivering a total of 6,715 metres of reverse circulation (RC) and diamond drilling. The operation targeted multiple gold occurrences—including Star of Mangaroon, Steve’s Reward, Popeye, and the newly identified Lesgo—and also focused on base and critical metals at Inevitable and the Stinger niobium deposit within the Gifford Creek Carbonatite complex. Early highlights include encouraging first-release results from Steve’s Reward, where one drill hole intercepted 4 metres grading 4.1 g/t gold, featuring a subinterval of 2 metres at 6.8 g/t gold. Additional gold intercepts have been reported, with further results expected from Popeye, Lesgo, and Star of Mangaroon in the coming months. The program also incorporated a diamond drilling component at Stinger, co-funded by an Exploration Incentive Scheme grant. This section of the campaign yielded significant niobium results—such as an intercept of 122 metres at 0.6% Nb2O5—as well as notable pathfinder levels of phosphorus, titanium, and zirconium. Experts are now reviewing these intricate data, with final assay outcomes anticipated in October. Alongside these results, the company is preparing to launch a follow-up RC drilling program early in September 2025, targeting several promising zones including Steve’s Reward, Midnight Star, and Midday Moon. From a technical viewpoint, the drilling was executed using industry best practices, employing a combination of 1-metre split samples and 3-metre composite sampling to ensure assay accuracy. The sampling, logging, and quality control processes have been robustly designed to support future mineral resource assessments. The infill grade control drilling around the Star of Mangaroon resource and the integrated diamond core collection for metallurgical testing at Stinger underpin the project's potential for developing a high-grade, shallow open pit operation only a short distance from current infrastructure. Market sentiment appears cautiously optimistic. On the bullish side, the multi-target drilling program has already delivered promising gold grades and significant critical metal intercepts, while the company’s self-funded exploration model and third-party supported mining development strategy reduce financial risk and highlight scalability. Conversely, bearish views may stem from the inherent exploration risks; the deposit’s true thickness and continuity remain to be fully established, and future assay results, expected over the next several months, could influence the pace of project development. Overall, Dreadnought Resources Ltd’s recent technical achievements and strategic planning continue to generate interest among investors, particularly those eyeing early-stage growth opportunities in the mining sector.