Warriedar Resources Limited (ASX: WA8) has obtained high-grade assay results from the first four holes drilled at the Rothschild prospect, part of the ongoing Reverse Circulation (RC) drilling programme at the Fields Find Project in the Murchison province of Western Australia.
These excellent results demonstrate the targeted depth extension to this deposit with multiple parallel lodes and evidence that the high-grade core is potentially sustained with depth. Key returned intervals include:
The Rothschild prospect was selected as the first area to drill within the Fields Find Project given that the existing deposit lies on a Mining Lease (ML) and the historic drilling data demonstrated gold mineralisation extending along strike for up to one km.
The high-grade core of the mineralisation also appeared to remain open both at depth and along strike.
This drilling, being undertaken by contractor, Challenge Drilling, represents the first major exploration programme to explore for primary gold mineralisation at Rothschild in over seven years.
The Phase 1 program at Rothschild (Baron) comprised 5,000m of drilling and was designed to assess scale potential. Step-out drilling was designed to test beneath and along strike from the existing deposit. The programme also targeted parallel lodes to the northwest and south of the existing lode.
This programme was extended to a targeted 7,750m as a result of the identification of strong quartz- sulphide mineralisation in geological logging of deeper retrieved drilling chips. The chips from the mineralized zone in hole BRRC081 look very similar to many other samples in holes awaiting assay. Warriedar currently has another 4,332 samples in the lab, from drilling across the Projects.
Drilling is ongoing at Rothschild and further assay results are expected within the coming weeks.
Ground EM surveying and drilling continues at both the Golden Range and Fields Find Projects. The TopDrill rig at Golden Range is currently drilling at Riley North, having recently completed drilling Stage 1 holes at Bugeye North.
To date, a total of 24,048m has been drilled by Warriedar across both projects.