Warriedar Resources (ASX: WA8) has received a further round of meaningful extensional success from further assay results from its Golden Range Project, located in the Murchison region of Western Australia.
The assays are from the final 11 diamond holes (1,021m) from the recent 27-hole diamond tail programme at the Ricciardo area.
“This final set of diamond results from the recent Ricciardo drilling have really put a bow on the whole programme for us,” Managing Director and CEO, Amanda Buckingham, said.
“The broad-based extensional success delivered by this drilling is both real and exciting. The fact that these results are being delivered at what are still relatively shallow down-dip depths, and in such proximity to excellent surrounding infrastructure, also delivers excellent potential for the economic character of the anticipated resource additions at Ricciardo.
“It is my firm belief that we are just getting started in terms of the opportunity at Ricciardo, let alone within the larger ‘Golden Corridor’ and along the broader mineralised shear.”
Ricciardo context
The Ricciardo gold system is located within Warriedar’s flagship Golden Range Project in the Murchison region of Western Australia
Ricciardo spans a strike length of approximately 2.3km, with very limited drilling having been undertaken below 100m depth. It possesses a current MRE of 8.7 Mt @ 1.7 g/t Au for 476 koz gold.
Importantly, historical mining operations at Ricciardo were primarily focused on oxide material, with the transition and primary sulphides mineralisation not systematically explored.
All results are set to be incorporated into an update of the Ricciardo MRE, which remains on track for completion during Q4 2024.
