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Dreadnought rounds out $12 million raise to support rare earths exploration

Dreadnought rounds out $12 million raise to support rare earths exploration

Dreadnought Resources Ltd (ASX:DRE) managing director Dean Tuck brings viewers up to speed on an oversubscribed $12 million institutional placement to support rare earths exploration. Most of the funding will support work across Dreadnought's Mangaroon project in WA, where the drill rigs are currently turning the soil before a maiden resource is due next quarter. At this year's Diggers and Dealers conference, Tuck said there was "a lot of excitement" for critical minerals, which he believes will play a big role in WA's future development.

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