Warriedar Resources Limited (ASX: WA8) reports initial results from diamond drilling at the Ricciardo deposit in its Golden Range Project, Western Australia. The first drilling program since 2014, has yielded positive results from four out of sixteen diamond holes drilled, reaffirming the project's positive direction. These initial findings show an extension of high-grade mineralization, enhancing confidence in the Mineral Resource Estimate (MRE) in the area. The overall drilling phase aims to uncover further growth potential within the project area.
The Ricciardo gold system in the Golden Range Project extends over 2.3km, with minimal drilling below 100m depth. It holds a current Mineral Resource Estimate (MRE) of 8.7 Mt at 1.7 g/t Au, totalling 476 koz gold. Past mining activities focused on the oxide material in the area.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.