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.

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