Warriedar Resources’ Rothschild Drilling Program Delivers High-Grade Gold Extension

Warriedar Resources

Warriedar Resources Limited (ASX: WA8) has reported high-grade gold intercepts from its ongoing Reverse Circulation (RC) drilling program at the Rothschild prospect, which is part of the Fields Find Project located in the Murchison province of Western Australia.

The drilling program was designed to test the scale potential of the existing deposit including depth extensions, repeat parallel lodes and satellite lodes. The program has extended the known high-grade zone at Rothschild by over 100m at depth.

The first assay results from the Rothschild drilling program have returned significant high-grade intercepts, including 11m @ 3.39 g/t Au from 197m, 10m @ 1.63g/t Au from 202m (including 3m @ 3.12g/t), and 9m @ 1.85g/t Au from 150m.

Other notable intercepts include 7m @ 1.71 g/t Au from 184m, 6m @ 1.29 g/t Au from 135m, and 2m @ 2.43 g/t Au from 153m. These results demonstrate the targeted depth extension to the deposit with multiple parallel lodes and evidence that the high-grade core is potentially sustained with depth.

The Rothschild prospect was selected as the first area to drill within the Fields Find Project because the existing deposit lies on a Mining Lease (ML), and the historic drilling data showed gold mineralisation extending along strike for up to 1 km.

The high-grade core of the mineralisation also appeared to remain open both at depth and along strike. The Phase 1 program at Rothschild comprised 5,000m of drilling and was designed to assess the scale potential. The program was extended to a targeted 7,750m as a result of the identification of strong quartz-sulphide mineralisation in geological logging of deeper retrieved drilling chips.

The drilling program was undertaken by contractor Challenge Drilling, and to date, 6,024m has been drilled of the upscaled 7,750m RC program at Rothschild. Warriedar currently has another 4,332 samples in the lab, from drilling across the Projects, and further assay results are expected in the coming weeks.

Warriedar Resources Limited is an advanced gold and copper exploration business with an existing resource base of almost 2 Moz gold across Western Australia and Nevada. Its focus is on rapidly building its resource inventory through modern, innovative exploration.

The TopDrill rig at Golden Range is currently drilling at Riley North, having recently completed drilling Stage 1 holes at Bugeye North. Ground EM surveying and drilling continue at both the Golden Range and Fields Find Projects.

 

Advertisement