Warriedar Resources (ASX: WA8) is on a serious gold streak, up +3.3% in afternoon trade with fresh assay results from the Windinne Well deposit lighting up the company’s flagship Golden Range Project in the Murchison region.
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In total, assays have come in for six diamond tail holes and six RC holes, and the results have excited some Australian investors.
Some of the standout hits reported today include:
- 12.2m @ 3.63 g/t Au from 265.8m (WWRC173) including 1.1m @ 14.73 g/t Au
- 16.1m @ 1.97 g/t Au from 315m (WWRC174) including 5m @ 3.93 g/t Au
- 2.9m @ 15.58 g/t Au from 340.1m (WWRC174), featuring a blazing 0.3m @ 146.80 g/t Au
- 6.47m @ 5.85 g/t Au (WWRC175) including 0.52m @ 15.55 g/t Au
- 3.0m @ 9.36 g/t Au (WWRC180) including 2m @ 12.06 g/t Au
This is all part of Warriedar’s push into the ‘Golden Corridor,’ a move only helped on by results showing that mineralisation “extends at depth across both the North and Main zones at the Windinne Well deposit,” according to managing director and CEO Amanda Buckingham.
Windinne is already a known quantity, with an existing MRE of 92 koz at 2.9 g/t Au, and these results clearly show there’s more to be found at depth.
The Golden Corridor includes deposits like M1, Azure Coast, and Bugeye and currently hosts a 2.22 Moz AuEq MRE – and Warriedar has big ambitions to grow that number significantly.
Notably, one more diamond tail hole from Windinne Well is still pending results, and rigs are currently spinning at the high-profile Ricciardo deposit, which has already shown impressive gold extensions at depth.
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Located just 5km from the Golden Range processing plant and 2km from Fenix’s Shine mine, Windinne Well is perfectly placed for future development.
WA8 has been trading flat at 15.5cps in afternoon trade.
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