Warriedar Resources has highlighted seven conductors from a recent electromagnetic (EM) survey at its Golden Range and Fields Find projects that it says are consistent with accumulations of massive sulphides.
All of the conductors are now set to be drill-tested this year, with three located at Golden Range and four identified at Fields Find in Western Australia’s Murchison region.
The four Fields Find targets sit within the mafic to ultramafic layered igneous complex and are close to historic nickel and copper intersections. The company says the historical Warriedar copper mine also sits along trend from two of the conductors.
The latest survey results build 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.
The latest program was carried out by GAP Geophysics under the direction of Newexco Exploration, which also modelled the data. Warriedar says it is buoyed by the preliminary modelling results that it believes bode well for targeted successful drilling of the conductors.
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.
Massive sulphide horizons in the area are known producers and generally mineralise in clusters.
Deposits to the south include Capricorn Metals’ Mt Gibson gold project with an inferred mineral resource of 79.7 million tonnes of gold at 0.8 grams per tonne for 2.083 million ounces. To the north, Venture Minerals has also identified four high-priority massive sulphide-style prospects.
Some 4km to the north-east, 29 Metals has the giant Golden Grove mine that is recognised as a world-class system producing a diversified revenue stream of high-grade copper, zinc and precious metals, including gold and silver.
Warriedar says assays on two holes below the historic Austin pit at Golden Range returned hits for both precious and base metals, potentially opening the door for a new base-metal play. The best of the drillholes hit a 20m thick intersection going 1.98g/t gold, in addition to 7.2g/t silver and 844 parts per million lead from 160m. A second hole returned an 8m thick intersection with 1.04g/t gold, 19.5g/t silver and 0.54 per cent lead from 144m, including a 4m hit reading 0.88g/t gold, 27g/t silver and 1.02 per cent lead.
The company is continuing its ground EM survey during the next half of the year and will target anomalies highlighted from its previous aerial program.
With seven highly prospective drill targets now identified and the potential for more to come, the market will be keeping a close eye on what Warriedar can uncover in the coming months.
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