Warriedar Resources Drills High-Grade Gold Across Multiple Shears
THE DRILL SERGEANT: Warriedar Resources (ASX: WA8) has identified a new gold zone within the company’s Golden Range project in Western Australia.
Warriedar Resources made the identification via a recent initial aircore (AC) drilling program undertaken at Golden Range during the second half of 2024 that was designed to delineate key regional shears (pathways for gold deposits) hidden under cover, within high prospectivity areas of the project tenement package.
Assay results show the drilling managed to locate the main Mougooderra Shear Zone (MSZ), north of the existing Keronima deposit, as well as a new, previously interpreted but not proven, parallel splay east of the MSZ.
Drilling revealed the parallel splay to be mineralised at shallow depth, returning:
MTAC002
6 metres at 4.28 grams per tonne gold from 3m.
Drilling on the MSZ returned a narrow high-grade intercept of:
MOAC051 north of Keronima
1m at 3.5g/t gold from 49m.
“Our major focus last year was substantial growth of the Mineral Resource boundaries at our flagship Ricciardo deposit and across select other deposits in the central ‘Golden Corridor’,” Warriedar Resources managing director and CEO Amanda Buckingham said in the company’s ASX announcement.
“RC and diamond drilling directed at this proved highly successful, culminating in the 58 per cent increase in the Golden Range MRE to over 1.28 million ounces.
“Alongside this work however we commenced laying the foundations for an expanded regional focus at Golden Range in 2025.
“The initial aircore drilling undertaken in the second half of last year was directed at utilising our growing pool of available geoscience data to test key structural zones in pursuit of the next significant discovery at Golden Range.
“To that end, we are very pleased with the enhanced delineation of the main MSZ and, in particular, the proven existence of a new shear that also returned high-grade gold mineralisation.
“We look forward to further aircore drilling through 2025 in enhanced pursuit of new regional gold discoveries at Golden Range.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE