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:

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

11m at 3.43g/t gold from 149m

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

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.”