Initial diamond drilling outcomes at Ricciardo reveal high-grade gold extensions.

Jul 03, 2024

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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