DRE

Bordah soil sampling has extended a large gold anomaly (>10 km strike, 2 km width) beyond Steve's Reward and identified a paired intrusion-related gold target plus a tungsten anomaly reportedly stronger than the company's Nina prospect. Detailed mapping and surface sampling precede discovery drilling in late 2026–early 2027, positioning this as a near-term catalyst for drill permits and results.

DRE has commenced a 750-hole air core program at Illaara designed to expand Black Oak's >7 km mineralised corridor and test 40+ km of pathfinder-rich ground; first assays expected October 2026. Results so far (0.8–1.8 g/t Au intercepts from shallow oxide, plus 3.3 g/t Au peak from prior RC) are encouraging for a greenstone-belt early-stage play, but the company has only tested ~10% of its landholding.

DRE has submitted mining lease applications for Yin, a 30Mt rare earths deposit with proven monazite metallurgy (85–93% recovery, 60% TREO concentrate), advancing a shovel-ready critical metals hub against strong government tailwinds. The move is procedural rather than exploration-driven—de-risking an existing, independently certified resource toward development rather than adding ounces.

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DRE has identified a high-grade tungsten corridor at Nina (historical 12.7% WO3, recent 6.5% WO3) and a dozen unmapped occurrences at Mangaroon South, well above typical global resource grades and justifying RC drilling by end-2026/Q1 2027. This represents a diversification of the asset base into a critical metal with strong geopolitical tailwinds, though early-stage rock chips alone do not confirm a mineable resource.