Warriedar Resources – (ASX:WA8) Further Step-Out Gold Success and High-Grade Antimony Discovery

Price Sensitive Announcement $

26 August 2024

Overview:

Warriedar Resources Limited has provided further assay results from its Golden Range Project, located in the Murchison region of Western Australia. The results reported in this release are for a further 6 of the 27
diamond holes drilled in the current program at Ricciardo (6 holes for 1,102m), as well as 2 diamond tails drilled at M1 and Austin (2 holes for 259m). Results for the first 14 diamond holes of the current program were previously reported (refer WA8 ASX releases dated 3 July 2024, 19 July 2024 and 2 August 2024).

Highlights:

▪ Assay results received for a further 1,102m of diamond drilling at Ricciardo.
▪ Extremely high-grade antimony (Sb) intersected in multiple holes below the
Ardmore pit, including in RDRC067 above the main zone of high-grade gold
mineralisation:

• 12.7m @ 4.98% Sb and 0.36 g/t Au (10.92 g/t AuEq*) from 229.2m incl. 1.85m @ 28.50% Sb and 0.45 g/t Au (60.94 g/t AuEq) from 238.25m
  ▪ A wide zone of antimony mineralisation was encountered in hole RDRC001:
• 34m @ 1.0% Sb and 0.59 g/t Au (2.72 g/t AuEq) from 158.80m
  ▪ This newly identified and exceptionally high-grade Sb zone, along with the broader antimony potential at Ricciardo, demands prompt follow-up and evaluation.
  ▪ Further high-grade gold extension delivered below the Ardmore pit:
• 18m @ 3.41 g/t Au and 0.27% Sb (3.97 g/t AuEq) from 276m (RDRC048B) incl. 4.5m @ 9.90 g/t Au and 0.01% Sb (9.93 g/t AuEq) from 286.5m
• 1m @ 28.31 g/t Au and 2.18% Sb (32.92 g/t AuEq) from 286m (NMRC005)
• 42.6m @ 1.08 g/t Au and 0.05% Sb (1.17 g/t AuEq) from 253.38m (RDRC067)
  ▪ ‘Golden Corridor’ diamond drilling now complete, with 31 holes drilled for 3,300m.
  ▪ All residual diamond assays expected to be received by late September, with update of the Ricciardo Mineral Resource targeted for Q4 2024.
  ▪ Further growth-focused RC drilling of the ‘Golden Corridor’ scheduled for H2 2024, as well as planned aircore drilling along select parts of the regional shear

Company Notes:

Warriedar Managing Director and CEO, Amanda Buckingham, commented:
“The results for these holes successfully demonstrate further extensional high-grade gold, and for the first time very high-grade antimony zones below the Ardmore pit area.

Given the relative absence of assaying for antimony in historical drilling at Golden Range, we are cautiously optimistic on the potential that might exist here. Moreover, the apparent zonation in RDRC067
is also highly encouraging for any future antimony development potential.

I want to emphasise however that pursuit of this opportunity will be in parallel with our growth-focused
gold drilling at Golden Range, which remains our current core focus.”

Full Company Announcement: 6A1221982.pdf (discoveryalert.com.au)