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Goldman Significant Gold Intervals Confirmed in Latest Drilling Campaign
Warriedar Resources Limited (ASX: WA8) has reported encouraging assay results from its ongoing drilling program at the Ricciardo deposit, part of the Golden Range Project in Western Australia. The latest results include impressive gold intersections from two additional diamond tails.
Notable gold intervals include:
- 7.2m @ 4.51 g/t Au from 232.8m, including 3m @ 9.03 g/t Au from 234m
- 23.2m @ 1.60 g/t Au from 270.8m
- 10.5m @ 1.53 g/t Au from 218.8m
- 3.9m @ 3.35 g/t Au from 218.8m
The Ricciardo deposit exhibits complex structural mineralisation, extending to a vertical depth of approximately 460m and remains open at depth. This area sits centrally within the 25km-long ‘Golden Corridor’ at Golden Range, which comprises six discrete deposits, including 18 historic pits, all presenting significant growth potential.
The current diamond drilling program has been extended to 3,000m, with completion expected by mid-August and assay results anticipated by late September. An update of the Mineral Resource Estimate (MRE) for Ricciardo is planned for Q4 2024. Additional drilling in the ‘Golden Corridor’ is scheduled for the second half of 2024.
Warriedar Managing Director and CEO, Amanda Buckingham, commented:
The outcomes of these two diamond tails are significant, given that they represented substantial depth step-outs under the shallow Ardmore pit. A 77m wide mineralised zone (downhole) with a central high-grade shoot (4.51 g/t), 180m below the MRE is a great result. We don’t fully understand the structural geometry here yet, but we are delighted that the deeper part of hole 49 validates the drill results from a previous explorer – confirming the deposit extends to about 460m vertical depth and retains some good grade (3.19 g/t). Excellent progress.
We continue to drill ahead at Ricciardo as part of the current diamond program, with follow-up growth drilling activities in planning for the remainder of H2 2024.
