Dreadnought Resources (ASX:DRE) intersected niobium from a recent drilling at the Mangaroon niobium and rare earth elements project in Western Australia, according to a Wednesday filing with the Australian bourse.
The program yielded up to 130 meters at 0.7% niobium pentoxide from 71 meters, including 4 meters at 2% niobium pentoxide from 86 meters, the filing said.
Shares of Dreadnought Resources rose almost 6% at market close.
Price (AUD): $0.02, Change: $+0.00100, Percent Change: +5.88%
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