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Warriedar Doubles Ricciardo Gold Resource, Raises A$9.55M for Growth

4:35pm on Thursday 30th of January, 2025 AEDT Mining
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Warriedar Doubles Ricciardo Gold Resource, Raises A$9.55M for Growth

4:35pm on Thursday 30th of January, 2025 AEDT
Key Points
  • Ricciardo Mineral Resource Estimate doubles to 16.44 Mt @ 1.8 g/t Au for 947.5 koz gold
  • High gold recoveries up to 96% from initial metallurgical testing of primary mineralisation
  • Significant antimony mineralisation confirmed with high-grade zones and strong recoveries
  • A$9.55 million raised via equity placement to fund 2025 exploration and drilling programs
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