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Highlights:
Warriedar Resources (ASX:WA8) has achieved an 83% antimony recovery from its Ricciardo deposit, the largest in its Golden Range project.
The metallurgical work has yielded a saleable concentrate with a grade of 38.5% antimony, demonstrating the potential for marketable output from the Western Australian project.
Warriedar is moving forward with plans to consolidate Ricciardo and deliver a maiden mineral resource estimate for antimony in Q1 2025.
Warriedar Resources (ASX:WA8) has reported promising results from its Ricciardo deposit, located within the Golden Range project in Western Australia. The company has achieved an 83% antimony recovery from metallurgical test work, confirming that a marketable antimony concentrate can be produced from the site. The concentrate achieved a grade of 38.5% antimony, further underlining the potential of the deposit.
The company’s confidence in the Ricciardo deposit began earlier in the year, when diamond drilling revealed significant intercepts, including 1.9 metres at 28.5% antimony. Additionally, a review of historical drill data has further reinforced the potential of the deposit. These early results are indicative of a high-grade mineralisation that could provide substantial returns for the project.
The metallurgical test work, which was carried out on diamond core samples from the 2024 drilling program, achieved an impressive 83% recovery using a single-stage closed-circuit flotation process. The grinding size used was 65% passing 75 microns (μm), which has proven effective for extracting the antimony.
Warriedar’s Managing Director and CEO, Amanda Buckingham, expressed excitement about the results, highlighting the scale and grade potential of the Ricciardo deposit. Buckingham emphasized that while the company is optimistic about the emerging opportunity at Ricciardo, it remains focused on its core gold drilling operations at Golden Range, which will continue to be the company’s primary focus.
The market has responded positively to the news, with Warriedar’s shares rising by 1.7%. Looking ahead, Warriedar plans to consolidate its findings at Ricciardo and is on track to release a maiden mineral resource estimate for antimony in the first quarter of 2025.
