Submit An Article Become a Member
Colin Hay

Warriedar Resources (ASX: WA8) has commenced 2024 drilling activities at its Golden Range and Fields Find Projects in the Murchison region of Western Australia.

Initial activities are focussed on an extensional Reverse Circulation (RC) drilling programme at the sizeable Ricciardo gold deposit.

Ricciardo possesses a current Mineral Resource estimate of 8.7 Mt @ 1.7 g/t Au for 476 koz gold (6 koz Measured, 203 koz Indicated, 267 koz Inferred).

Mineralisation at Ricciardo is comprised of a series of high-grade shoots. These shoots remain open at depth (where very limited drilling has been undertaken below 100m) and along strike (where additional high- grade shoots are interpreted but require follow up drilling).

As a result of its scale, grade and further immediate growth potential, Ricciardo is a key focus area for Warriedar this year.

Ricciardo is located on a granted Mining Lease, is accessible via a well- conditioned haul road, and is located approx. eight km (by road) to Warriedar’s existing oxide process plant and approx. 26 km (by road) to the neighbouring Golden Grove plant.

A follow-up diamond drilling programme is planned at Ricciardo for further extensional and geotechnical testing purposes.

Rate article from Colin Hay: