Warriedar Resources

Continued Delivery of High Grade Antimony Mineralisation at Ricciardo

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) provides an update on its initial review of the antimony (Sb) potential at the Ricciardo deposit, located within its Golden Range Project in the Murchison region of Western Australia.


HIGHLIGHTS:

  • Review of the antimony (Sb) potential at Ricciardo is complete with drillhole assay data confirming Sb mineralisation of significant thickness and grade exists below both the Ardmore pit (previously identified) and the Copse-Silverstone pits (newly identified), representing a potential combined strike length of approx. 1km.
  • Multiple significant Sb intervals have been identified (reviewing both historic and WA8 drill hole assays), in addition to results recently released (* indicated below):
  • Most of the Sb mineralisation appears to be located above the main gold zone, a distinct metallurgical positive for future processing and economic potential. Similarly to the gold mineralisation, the Sb zones remain wide open at depth.
  • Only 11% of historical drill samples at Ricciardo were assayed for Sb. Retained pulp samples from historical holes are currently being tested with pXRF, with those favourable for significant Sb set to undergo laboratory multi element assay.
  • An approx. 100kg high-grade sample of antimony mineralisation from Ricciardo has also been dispatched for scoping-level metallurgical testwork.

Warriedar Managing Director and CEO, Amanda Buckingham, commented:

“Following the recent high grade antimony intersections at Ricciardo, our initial review of the broader antimony potential has delivered further promise. An exceptionally high-grade antimony interval, as well as a much wider intersection, are now able to be placed in greater context. This context is a broader volume of antimony, not yet well-defined but with existing drilling showing serious scale and grade potential.

“Importantly, the high-grade antimony appears relatively discrete from higher-grade gold mineralisation, an excellent metallurgical outcome. While it remains early days, we are cautiously optimistic and have commenced initial metallurgical testing for potential processing and antimony recovery.

“While we are excited about this emerging opportunity at Ricciardo, I want to emphasise however that pursuit of this opportunity will be in parallel with our growth-focussed gold drilling at Golden Range, which remains our current core focus.”

Figure 1: The Golden Range and Fields Find Projects, with proximate mines, mills and projects.

Key Ricciardo context

The Ricciardo gold system spans a strike length of approximately 2.3km, with very limited drilling having been undertaken below 100m depth. Ricciardo possesses a current Mineral Resource Estimate (MRE) of 8.7 Mt @ 1.7 g/t Au for 476 koz gold.1

Historical gold mining operations at Ricciardo were primarily focused on the oxide material, with the transition and primary sulphides mineralisation not systematically explored. Antimony was not a focus of previous exploration, with only about 11% of historic drill holes assayed for antimony.

The gold and antimony mineralisation at Ricciardo is predominantly hosted within intensely altered and deformed ultramafic units. The high-grade antimony-dominant mineralisation occurred later than the main gold events and generally sits above the high-grade gold mineralisation.


Click here for the full ASX Release

This article includes content from Warriedar Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

WA8:AU
The Conversation (0)
Warriedar Resources

Targeted Exploration Focus Delivers an Additional 471koz or 99% Increase in Ounces, and a Higher Grade for Ricciardo

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) is pleased to report on an updated MRE for its flagship Ricciardo Gold Deposit, part of the broader Golden Range Project located in the Murchison region of Western Australia.

Keep reading...Show less
Warriedar Resources

Further Strong Extensional Diamond Drill Results from Ricciardo

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) provides further assay results from its Golden Range Project, located in the Murchison region of Western Australia.

Keep reading...Show less
Warriedar Resources

Further Step-Out Gold Success and High-Grade Antimony Discovery

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) provides further assay results from its Golden Range Project, located in the Murchison region of Western Australia. The results reported in this release are for a further 6 of the 27 diamond holes drilled in the current program at Ricciardo (6 holes for 1,102m), as well as 2 diamond tails drilled at M1 and Austin (2 holes for 259m). Results for the first 14 diamond holes of the current program were previously reported (refer WA8 ASX releases dated 3 July 2024, 19 July 2024 and 2 August 2024).

Keep reading...Show less
Warriedar Resources

Infill Drilling of Ricciardo Deposit Delivers Significant Gold Mineralisation

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) is pleased to provide an update on drilling progress and assay results from its Golden Range Project, located in the Murchison region of Western Australia (Figure 1).

Keep reading...Show less
Warriedar Resources

A$4.0M Placement to Fund Growth Focused Exploration

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) is pleased to advise that it has received firm commitments to raise A$4.0 million (before costs) via a placement of approximately 70.7 million fully paid ordinary shares (New Shares) at an issue price of A$0.057 per share (Placement).

Keep reading...Show less
Athena Gold

Athena Gold Announces Shareholder Approval of Amalgamation and Appointment of New Management

Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNR) ("Athena Gold" or the "Company") announces the results from its Annual General and Special Meeting of Stockholders held on Thursday, March 27, 2025 (the "Meeting"). Stockholders holding a total of 153,401,821 common shares were represented in person or by proxy at the Meeting, representing 78.75% of the vote attached to all outstanding common shares of the Company as of the record date. Stockholders voted in favour of all the matters submitted before the Meeting as set out in the Proxy Statement dated February 4, 2025, including:

  1. The redomestication of the Company from the State of Delaware to the Province of British Columbia, Canada, by merger into its British Columbia subsidiary, Nova Athena Gold Corp.;
  2. The election of the following as directors until the next annual stockholder meeting of the Company: David Goodman, Koby Kushner, John C. Power, John E. Hiner and Brian Power;
  3. The appointment of Davidson & Company LLP as the Company's auditors for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors;
  4. The approval, on an advisory, non-binding basis, of the compensation of the Company's Named Executive Officers;
  5. The approval, on an advisory, non-binding basis, establishing the frequency of shareholders voting on the compensation of Named Executive Officers to be every two (2) years.

Subsequent to the Meeting, the Board appointed David Goodman as Chairman of the Board, Koby Kushner as President and Chief Executive Officer, Ty Minnick as Chief Financial Officer, and John C. Power as Corporate Secretary. John E. Hiner (Chair), John C. Power and Brian Power were appointed as members of the Audit Committee.

Keep reading...Show less
Blue Lagoon Continues to Strengthen Treasury to Fund Final Preparations of Mine Site and Initial Working Capital to Fund Commencement of Production

Blue Lagoon Continues to Strengthen Treasury to Fund Final Preparations of Mine Site and Initial Working Capital to Fund Commencement of Production

(TheNewswire)

Blue Lagoon Resources Inc.

March 31, 2025 TheNewswire - Vancouver, British Columbia Blue Lagoon Resources Inc. (the "Company") (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed a third tranche of its previously announced non-brokered private placement (the "Offering"), bringing the total funds raised across the three tranches to $2,646,750 .

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Piles of silver and gold coins.

Editor's Picks: Gold Hits New High, Silver Squeeze 2.0 Next Week?

The gold price continued moving higher this week, reaching yet another record.

After trading as low as US$3,006 per ounce on Monday (March 24), the yellow metal took off midway through the week, closing at US$3,085 on Friday (March 28).

So what factors are moving gold right now?

Keep reading...Show less

VIDEO - CEO Clips - Yukon Metals: Advancing High-Grade Gold, Silver and Copper Exploration

Yukon Metals (CSE: YMC) (OTCQB: YMMCF Advancing high-grade gold, silver and copper exploration in the Yukon, Yukon Metals is building on a rich history of prospecting expertise to unlock significant high-grade mineral potential.. With excellent infrastructure access and a commitment to aggressive drilling, the company is focused on advancing its portfolio in one of Canada's most prospective mining jurisdictions.

www.b-tv.com/post/ceo-clips-yukon-metals-advancing-high-grade-copper-precious-metals-exploration-btv-60

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×