Warriedar Resources Hits More High-Grade Gold At Ricciardo Deposit

Warriedar Resources Ltd (ASX: WA8) has received further high-grade gold drilling results from its Golden Range Project in Western Australia.

Assay results for the remaining three RC holes drilled at the Ricciardo deposit have been received with all holes intersecting significant gold intervals.

These include 4m (metres) at 14.49 g/t Au (gold) from 188m and 12m at 1.91 g/t Au from 74m.

Broadened mineralisation envelope

Importantly, today’s results extend the high-grade shoot below the Ardmore pit and broaden the mineralisation envelope.

Warriedar’s drilling continues to demonstrate the potential for significant resource growth at Ricciardo and along the broader ‘Golden Corridor’ trend.

Follow-up RC drilling at Ricciardo is planned to start next week with a diamond drill program also set to be undertaken this quarter.

Fields Find Project

Warriedar has also received assay results from drilling carried out at the Fields Find Project late last calendar year.

The drilling has successfully extended Rothschild to the east and highlighted a new greenfields discovery at the Provenance prospect.

Well-funded

During the March quarter, Warriedar secured firm commitments to raise A$6 million from new and existing shareholders.

The funds raised will be used to continue drilling along the Golden Corridor, a 25-kilometre-long trend of highly prospective ground.

Warriedar has an existing resource of 736,000 ounces of gold across six deposits within its Golden Range Project at Golden Corridor.

 

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