Mining

Warriedar Resources Uncovers High-Grade Gold and Antimony at Golden Range

Go to Colin Hay author's page
By Colin Hay - 
Warriedar Resources ASX WA8 High-Grade Gold Antimony Golden Range
Copied

Warriedar Resources (ASX: WA8) has identified promising antimony and gold in new drilling results from its Golden Range project in the Murchison region of Western Australia.

The positive results are included in the company’s first full-hole diamond drill assays and a laser-induced breakdown spectroscopy assessment from drilling at the Ardmore end of Golden Range’s Ricciardo gold-antimony deposit.

The new hole intersected multiple zones with significant widths including 24 metres at 0.99% antimony and 1.55 grams per tonne gold with 3.65 g/t gold equivalent from 170m and 12m at 0.33% antimony and 1.50g/t gold with 2.2 g/t gold equivalent from 256m, including 1m @ 2.64% antimony and 0.39g/t gold from 267m.

Consistent Antimony Zones

Chief executive officer Amanda Buckingham said the results highlighted the consistency of the antimony zones and the down-plunge continuity of the antimony and gold high-grade shoots at Ardmore.

“While only one diamond hole, RDRC069 is an excellent demonstration of why the Ricciardo gold-antimony deposit is so attractive—multiple zones with wide intervals of high-grade antimony and gold, and mineralogy results showing that conventional stibnite is the dominant antimony mineral.” Ms Buckingham said.

“Coupled with the scale of the overall Ricciardo deposit and its substantial further growth potential, it is clear why we are excited to be accelerating our drilling efforts there over coming months.”

Prospective Neighbourhood

The Ricciardo gold-antimony system spans a strike length of approximately 2.3km, with very limited drilling undertaken below 100m depth prior to Warriedar’s ownership.

The deposit resides within the Golden Range group of historic open-pit mines and deposits approximately 8km south of the Golden Range process plant.

Mining operations and projects in the neighbourhood include Capricorn Metals’ (ASX: CMM) Mt Gibson gold project, the Golden Grove processing facility, and Vault Minerals’ (ASX: VAU) high-grade Rothsay gold mine.

Warriedar will now assess the new results ahead of further drilling at Ardmore, with the geoscience team looking to discover the broader potential of high-grade gold and antimony mineralisation at Ricciardo.