Warriedar Resources has extended the depth of its Rothschild prospect by more than 100m after receiving the first assays from its drill campaign at the company’s Fields Find project in WA’s Murchison region.
The company’s ongoing RC program at Rothschild returned high-grade results, including an 11m hit at an impressive 3.39 grams per tonne gold from 197m and 7m going 1.71g/t gold from 184m in the same hole.
A second hole showed a 9m intercept grading 1.85g/t gold from 150m, in addition to 6m going 1.29g/t gold from 135m. A third hole scored a 10m hit at 1.63g/t gold from 202m, including 3m reading 3.12g/t gold from 202m.
The fourth drill hole also returned a 2m section going 2.43g/t gold from 153m. Warriedar says its latest results show the targeted depth extension to the deposit with multiple parallel lodes and evidence that the high-grade core could potentially be sustained with depth.
The campaign is the first major exploration program to search for primary gold mineralisation at Rothschild in more than seven years. The company originally planned 5000m of drilling, but that has since been extended to 7750m after the discovery of strong quartz-sulphide mineralisation when logging deeper drilling chips.
The latest drill program forms part of the explorer’s massive 40,000m campaign currently underway at its two major Murchison projects. The company has completed 24,084m across its Fields Find and Golden Range projects.
Earlier this week, Warriedar kicked off a ground electromagnetic (EM) survey to define potential targets at both projects following two separate airborne EM surveys.
The latest work will focus on six targets identified by an EM survey earlier this year on the western side of Fields Find and two targets highlighted in a 2014 EM survey at the southern part of Golden Range.
With the completion of its preliminary analysis of the two previous surveys, Warriedar says it now has EM coverage across 60 per cent of its 810 square kilometres of tenements. The company’s WA holding extends for more than 70km of strike from north to south and covers the central majority of the Yalgoo-Singleton and Warriedar Archean greenstone belts. It believes the two key projects are prospective for significant massive sulphide deposits.
Warriedar affectionately refers to Fields Find as its “polymetallic enigma”, due to the site containing elevated levels of nickel, copper and gold.
Just last month, the company completed its drilling of 35 RC holes at Golden Range, with an initial focus on its Windinne Well and Austin deposits before moving on to its Mugs Luck prospect. Early assay results from Windinne Well include 4m at 5.17g/t gold from 52m, 8m grading 2.27g/t gold from 235m and 4m going 2.56g/t gold from 259m.
All three deposits have already established JORC resources, with a 92,000-ounce gold resource going 2.9g/t gold defined at Windinne Well, Austin has 19,000 ounces of gold and Mugs Luck is currently showing 39,000 ounces. The prospects are all within the Golden Range project’s 945,000 JORC resource grading 1.5g/t gold.
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