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