Warriedar Resources

Further High-Grade Extensional Gold Intercepts Returned at Ricciardo

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) is pleased to advise of further assay results from drilling undertaken at the Ricciardo deposit (previously known as Silverstone) within its Golden Range Project, located in the Murchison region of Western Australia.


HIGHLIGHTS:

  • Assay results received for an additional six (6) RC holes drilled at the Ricciardo deposit, with all holes intersecting significant gold intervals including:
    • 8m @ 11.40 g/t Au from 166m, incl. 3m @ 22.38 g/t Au from 167m (RDRC041)
    • 8m @ 2.63 g/t Au from 160m (RDRC034)
  • Results further increase the known extent of the high-grade shoot beneath the historic Silverstone pit.
  • Represents significant mineralisation intersected outside the current Mineral Resource model delivering immediate growth potential.
  • Assays from a residual three (3) RC holes beneath the Ardmore pit (at Ricciardo) are pending, with results anticipated within the next two weeks.
  • The Ricciardo deposit remains open along strike and at depth, with further growth- focussed drilling set to commence this quarter.
  • Ricciardo sits in the middle of the 25km-long ‘Golden Corridor’ at Golden Range, which hosts six discrete deposits (18 historic pits) that are all open at depth and possess immediate growth potential.
  • Ricciardo and the ‘Golden Corridor’ are Warriedar’s key exploration focus in 2024.
Today’s results have extended the high-grade shoot below the Silverstone pit and broadened the known (high-grade) mineralisation envelope. These outcomes again demonstrate the outstanding Mineral Resource growth potential that exists at Ricciardo and along the broader ‘Golden Corridor’ trend.

Warriedar Managing Director and CEO, Amanda Buckingham, said:

“This is another very pleasing set of results from our recent drilling at Ricciardo. Combined with the initial results released in March, they readily demonstrate why we have made the Golden Corridor the primary focus of our 2024 exploration activities. At Golden Range we have scale, plus grade, and immediate and substantial resource growth potential. We look forward to receiving the remaining assays, as well as recommencing drilling this quarter.”


Click here for the full ASX Release

This article includes content from Warriedar Resources Limited, 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

Warriedar Resources

Advanced gold and copper exploration in Western Australia and Nevada

Advanced gold and copper exploration in Western Australia and Nevada Keep Reading...
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. HIGHLIGHTS:Updated Mineral Resource Estimate (MRE) for... Keep Reading...
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)... Keep Reading...
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. HIGHLIGHTS:All residual assay results received from the recent 2,701m (27 holes) diamond drilling program at... Keep Reading...
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... Keep Reading...
Gold bars and coins as well as a sac of gold.

Top 5 ASX Gold Stocks That Pay Dividends

If you're interested in gold stocks, it's worth taking a look at the top ASX gold stocks that pay dividends.A dividend is a sum of money that is paid regularly by a company to a class of its shareholders out of its earnings. Dividends are often issued as cash payments, but can also be issued as... Keep Reading...
Rows of gold bars.

Top 10 Gold Reserves by Country

Gold is one of the most important metals on the planet. For millennia it has been used in jewelry, art and currency, capturing the collective imagination as a thing of wonder. Gold's association with royalty and wealth has inspired explorers and treasure hunters alike, who put themselves at risk... Keep Reading...
Gold coins and gold letters spelling "Fed" with US flag.

Editor's Picks: Gold, Silver React to Fed Decision, Expert Says Bottom Not in Yet

It was a bumpy week for gold and silver prices, which took a break from responding to geopolitical tensions to react to the latest US Federal Reserve interest rate decision.As was widely expected, the central bank left rates unchanged at 3.5 to 3.75 percent. However, the move came with the... Keep Reading...
Gold and silver coins.

Precious Metals News: Gold, Silver, PGMs React to New Reality of Protracted War

The precious metals may take much longer to challenge record prices set at the top of the year. The US-Iran conflict is set to become a protracted war as leaders dig in their heels on any agreement. This week, the US rejectes an Iranian proposal to reopen the Strait of Hormuz in exchange for... Keep Reading...

Interactive Chart

Latest Press Releases

Related News