Warriedar Resources (ASX:WA8) has restarted a reverse circulation (RC) drilling program at the Fields Find and Golden Range projects in the Murchison region of Western Australia.
The $31.67 million market capitalisation company has designed the program to test ‘high-potential’ base metal and gold targets and help fast-track key prospects in 2024.
Warriedar plans to complete an initial 2,200m of RC drilling across both projects, and this will be its sixth drilling program in the area this year.
The company anticipates to provide a pipeline of assay results through Q1 next year.
Drilling is currently underway at the Rothschild prospect on the eastern side of Fields Find, targeting gold lodes north and south of the existing Rothschild main lode.
Warriedar is planning for drilling activities to then move west, testing further high-potential base metal and gold targets at Fields Find, including the EM-35 target.
The rest of the program will be drilled at Golden Range, encompassing metallurgical test holes at Ricciardo and brownfields gold targets in the Riley deposit area.
Warriedar Resources is a gold and copper explorer with assets in Western Australia and Nevada.
As of 30 September 2023, the company had $5.3 million cash at hand and zero debt, according to its latest quarterly report.
Write to Aaliyah Rogan at Mining.com.au
Images: Warriedar Resources
