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Warriedar Resources Hits High-Grades at Golden Grange

THE DRILL SERGANT: Warriedar Resources (ASX: WA8) is making progress with reverse circulation (RC) and diamond drilling activities at the company’s Golden Range project in the Murchison region of Western Australia.

Warriedar Resources’ diamond drilling is the first undertaken at the 2.3km-long Ricciardo deposit, and the nearby M1 deposit, by any operator in ten years.

Assay results for the first diamond hole at M1were of higher grade than what the company expected to see, returning:

8.9 metres at 8.93 grams per tonne gold from 156m, including 2m at 23.83g/t gold from 158.3m.

Warriedar believes M1 offers high-grade extension potential, which is planned to be a focus of further drilling in H2 2024.

Diamond holes drilled beneath the Silverstone Central pit (Ricciardo), in an area with no historical drilling, returned:

7m at 2.59g/t gold from 229m, including 1m at 10.81g/t gold from 233.7m; and
4.6m at 1.2g/t gold from 235m.

“Ricciardo and M1 both sit in 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,” the company explained in its ASX announcement.

Warriedar signalled diamond drilling is scheduled to be completed in mid-August, with all assays expected by mid-September and update of the 8.7 million tonnes at 1.7g/t gold for 476,000 ounces gold Ricciardo MRE targeted for Q4 2024.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Warriedar Resources managing director Amanda Buckingham

Warriedar Resources (ASX: WA8) recently reported encouraging results from diamond drilling undertaken at the Ricciardo deposit within the company’s Golden Range project in the Murchison region of Western Australia. Warriedar managing director Amanda Buckingham dropped into The Resources Roadhouse to explain to Wally Graham just how encouraging the results are.

Warriedar Resources Diamond Drilling Hits High-Grade Gold at Ricciardo

THE DRILL SERGEANT: Warriedar Resources (ASX: WA8) reported results from diamond drilling undertaken at the Ricciardo deposit within the company’s Golden Range project in the Murchison region of Western Australia.

Warriedar Resources completed the first round of diamond drill program at Ricciardo since 2014, when just three diamond holes were drilled by the previous operator.

Assay results returned for the first four holes at Ricciardo include:

RDRC039 DD
19 metres at 4.94 grams per tonne gold from 188m, including a contiguous final RC result of 4m at 14.49 g/t from 188m;

RDRC040 DD
12m at 6.98g/t gold from 110m, including 3m at 22.12g/t gold from 112m;

RDRC055 DD
16m at 2.3g/t gold from 243m, including 6m at 3.13g/t gold from 252m; and

RDRC055 DD
17m at 2.38g/t gold from 264m, including 8m at 4.03g/t gold from 273m.

Warriedar welcomed the results saying they add confidence and continuity to the MRE in this area.

“The results from these initial four diamond holes extend the high-grade shoot below the Silverstone North pit and infill a previous gap in the high-grade zone of the MRE below the northern part of the Ardmore pit (adding confidence and continuity to the MRE in this area),” Warriedar Resources said in its ASX announcement.

“These outcomes, while stemming from only a small part of the overall current phase of drilling, continues to demonstrate the outstanding MRE growth potential that exists at Ricciardo and along the broader ‘Golden Corridor’ trend.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Warriedar Resources Intercepts Further High-Grade Extensional Gold at Ricciardo

THE DRILL SERGEANT: Warriedar Resources (ASX: WA8) reported assay results from drilling undertaken at the Ricciardo deposit (previously known as Silverstone) within the company’s Golden Range project in the Murchison region of Western Australia.

Warriedar Resources said the latest results have extended the high-grade shoot below the Silverstone pit and broadened what is already a known (high-grade) mineralisation envelope.

The company said the drilling had demonstrated the Mineral Resource growth potential that exists at Ricciardo and along the broader ‘Golden Corridor’ trend.

Warriedar took receipt of assay results received for an additional six RC holes drilled at the Ricciardo deposit, with all holes intersecting gold including:

RDRC041
8 metres at 11.4 grams per tonne gold from 166m, including 3m at 22.38g/t gold from 167m; and

RDRC034
8m at 2.63g/t gold from 160m.

The Ricciardo gold system spans a strike length of approximately 2.3 kilometres, with very limited drilling having been undertaken below 100m depth.

Ricciardo possesses a current Mineral Resource Estimate (MRE) of 8.7 million tonnes at 1.7 grams per tonne gold for 476,000 ounces of gold (6,000 ounces Measured, 203,000 ounces Indicated, 267,000 ounces Inferred).

“This is another very pleasing set of results from our recent drilling at Ricciardo,” Warriedar Resources managing director and CEO Amanda Buckingham said in the company’s AXS announcement.

“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.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Warriedar Resources Extends High-Grade Gold at Ricciardo

THE DRILL SERGEANT: Warriedar Resources (ASX: WA8) reported assay results from drilling undertaken at the Ricciardo deposit within the company’s Golden Range project in the Murchison region of Western Australia.

Warriedar Resources said the have confirmed the presence of high-grade shoots below existing oxide open pits and demonstrates the excellent exploration potential for further discoveries at Ricciardo, which had previously been known as Silverstone.

The company received assay results for thirteen RC holes drilled at the Ricciardo deposit, all of which encountered intervals of gold mineralisation, including:

RDRC019
32 metres at 3.59 grams per tonne gold from 148m, including 1m at 10.85g/t gold from 151m;

RDRC031
11m at 3.43g/t gold from 149m

RDRC022
14m at 1.15g/t gold from 114m; and

RDRC025
3m at 5.61g/t gold from 114m, including 1m at 11.2g/t gold from 114m.

Warriedar is now waiting on assays from a further nine RC holes that it expects to be delivered in the next four weeks.

“We are very pleased with the results from this first batch of assays from the growth-focussed 2024 drilling program at Ricciardo,” Warriedar Resources managing director and CEO Dr Amanda Buckingham said in the company’s ASX announcement.

“The results demonstrate the excellent potential to expand the Mineral Resource at Ricciardo, which has a strike length of 2.3 kilometres with high-grade gold mineralisation occurring at numerous locations along the trend.

“With further assays pending, and follow-up drilling planned to commence from next quarter, we are excited as to what our exploration activities at Ricciardo can deliver for Warriedar this year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Warriedar Resources (ASX: WA8) managing director Amanda Buckingham at RIU Explorers Conference 2024

Wally Graham gets a quick update on Warriedar Resources (ASX: WA8) from managing director Amanda Buckingham at RIU Explorers Conference 2024

Warriedar Exploring for the ‘Next Mine in the Murchison’

THE CONFERENCE CALLER: Warriedar Resources (ASX: WA8) has launched into an exploration strategy to determine where the next gold mine will be in the Murchison, managing director and CEO Amanda Buckingham said on the sidelines of the 2023 RIU Sydney Resources Round-up.

The company opened a new chapter this year, changing name from Anova Metals and adding two Murchison projects containing almost 1 million ounces of gold to its portfolio, which already holds 1.01 million ounces in Nevada.

The Fields Find and Golden Range projects host 10 deposits along a 70km mineralised shear in a “commanding land position” in Western Australia’s north of 813 square kilometres.

Buckingham said surrounding operations in the Murchison “tap deep” such as Golden Grove being mined at 1,800m, indicating the potential on its holdings where the average drilling depth was 42m.

The company has drilled 25,000m so far at the projects this year but received less than 20 per cent of the assays, however Buckingham said they showed the exploration plan was working, revealing two significant high grade deposit extensions.

At Windinne Well, extensional drilling returned results including 4m at 5.17 grams per tonne gold, while highlights from Rothschild included 11m at 3.39g/t.

“We are uncovering more gold, we are learning which of our deposits are likely to turn into a significant resource and moving into the third quarter, once we get all the assays back, we will design a deeper diamond drilling program to really answer the question ‘Where will the next mine be in this belt?’” she said.

The Fields Find project contains the former Warriedar copper mine and the company was looking forward to soon drilling high-priority copper targets as well, Buckingham said.

Overseas, Warriedar was in the process of acquiring a larger exploration permit for its Big Springs project in Nevada, a state Buckingham described as “the land of giants” as it hosted individual deposits of up to 40 million ounces.

“Our focus is on WA [this year] but we still consider it to be an extremely important asset and we will work on it or will commercialise it in some way at the appropriate time,” Buckingham said.