Warriedar Resources (ASX:WA8) said assays for the remaining three diamond core holes drilled at the Ardmore end of the Ricciardo deposit, part of its broader Golden Range project in Western Australia, returned wide, high-grade intercepts, according to a Monday Australian bourse filing.
The company encountered intercepts of 50.7 meters at 5.4 grams per tonne (g/t) grade of gold-equivalent, including 5.1% g/t grade of gold and 0.2% grade of antimony from 137 meters, as well as 22.8 meters at 3.4 g/t grade of gold-equivalent, including about 2 g/t grade of gold and 0.7% grade of antimony from 140 meters.
The company said that the intervals show higher grade and wider mineralization than the current mineral resource estimate modelling in this area.
Warriedar Resources' shares jumped almost 5% in recent trading on Monday.
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