Warriedar Resources Ltd’s Post

𝗥𝗶𝗰𝗰𝗶𝗮𝗿𝗱𝗼 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗶𝗻𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝗨𝗽𝗱𝗮𝘁𝗲 We are pleased to share the release of an updated Mineral Resource Estimate (MRE) for the Ricciardo Gold Deposit, part of our flagship Golden Range Project in Western Australia. Through targeted and efficient exploration, we have achieved a 99% increase in contained gold ounces, with the Ricciardo MRE now standing at 947.5koz @ 1.8 g/t Au.    This growth reflects the success of our strategy to target high-grade extensions below shallow existing pits. The updated MRE includes 467.5koz @ 1.6 g/t Au from open-pit operations (75% in the Measured and Indicated category) and 480koz @ 2.0 g/t Au for underground extraction. Achieved at an attractive all-in discovery cost of approximately A$16/oz, this substantial MRE addition highlights both the efficiency and quality of our exploration efforts.    The Ricciardo system remains open at depth and along strike, presenting significant opportunities for further growth. Across the broader Golden Range Project, total Mineral Resources have increased to over 1.28Moz gold, a 58% improvement that also reinforces the enormous potential of the 25km-long ‘Golden Corridor’. Our ongoing reverse circulation drilling at the southern end of the corridor is progressing well, with nine holes completed to date and assay results pending.    As our Managing Director and CEO, Dr Amanda Buckingham, shared: “This is the result we have been working towards all year. With less than 15,000m of targeted, efficient drilling we have added over 470 koz to the Ricciardo deposit, doubling the Resource. The simple strategy of drilling below shallow open pits to find mineable ounces worked exceptionally well for our producing neighbours. The validity of this strategy is now beyond doubt, for us.”   We remain committed to delivering exceptional results and look forward to sharing updates as we continue unlocking the potential of this world-class tenure and region.    Read the full announcement here: https://bit.ly/3CuMz73 #WarriedarResources #WA8 #GoldExploration #Mining #ASX #Gold #WesternAustralia 

Great result of high grade sedimentary gold in the Youanmi Terrane! Also the Yaloginda, Norrie and Meekatharra! Like the rest of WA, and situated on crustal sutures intruded by Prot Dolerites. Look at the low magnetic responses, same as Black Flag. Time that the old intrusives were shown the door and submarine Bouma Sequences mapped properly, with no latin or greek names!

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