Warriedar Resources Achieves 83% Antimony Recovery from Ricciardo Deposit

2 min read | November 29, 2024 05:54 PM AEDT | By Team Kalkine Media

Warriedar Resources Achieves 83% Antimony Recovery from Ricciardo Deposit — Image source: Shutterstock

High-Grade Intercepts Boost Confidence

Warriedar’s optimism about the Ricciardo deposit stems from earlier diamond drilling in 2024, which revealed promising intercepts, including 1.9 meters at 28.5% antimony (Sb). Additionally, a review of historical drill data reinforced the deposit’s potential as a significant antimony source.

The metallurgical test work, conducted using diamond core samples from the 2024 drilling program, achieved the 83% recovery through a single-stage closed-circuit flotation process. The grinding size used was 65% passing 75 microns (μm), yielding results that the company believes can support a viable production pathway.

Market Reaction and Next Steps

The announcement has stirred excitement among investors and industry observers. At 13:26 AEDT, Warriedar’s shares were trading at 6 cents, a 1.7% rise since the market opened. The update is also generating buzz on HotCopper forums, where it ranks as one of the most discussed topics of the day.

The company now focuses on consolidating data from the Ricciardo deposit to underpin its maiden resource estimate, anticipated in early 2025. Warriedar is confident this will further validate the deposit's economic potential and attract interest in the Western Australian project.

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