Airborne survey maps out potential Murchison base metal treasure for Warriedar
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While Warriedar’s Murchison tenure is better known for its gold resources and potential, it also has significant base metals potential in line with the broader region.
And that is precisely why the company has welcomed the identification of priority base metal targets across its land holding following a first pass analysis of both the historical 2014 airborne electromagnetic and the preliminary data from its own survey that was flown last month.
The modelling by EM data analysis and modelling experts Newexco identified a number of high-quality anomalies to be progressed via further evaluation work, including ground EM, prior to targeted drilling from mid-2023.
Warriedar Resources (ASX:WA8) noted that both surveys, which together give it over 60% coverage of its 810km2 of tenure, were flown to look for conductors below the ground, which may be caused by base metal bearing massive sulphides.
Top tier targets identified to date are located within the Fields Find intrusive complex and along the main gold-bearing shears at Golden Range, none of which have been previously drilled.
Priority 2 targets are proximal to the historical Warriedar copper mine and within host
sequence of Golden Grove VMS deposits are also of specific interest given the setting.
The 2014 survey was flown to search for gold associated with sulphides adjacent to the Mougooderra Shear Zone, a predominantly north-south trending major structure extending along the central-eastern side of the survey area.
Initial interpretation carried out in 2014 emphasised late-time features as these were most likely to represent the stronger, deeper conductors and are potentially the best targets for this area.
A total of 44 individual targets were identified: two were ranked as very high priority, six were ranked as high priority and 18 as medium priority. The remaining 18 targets were ranked as low priority primarily with recommendations for ground truthing.
A follow-up review of the 2014 interpretation will be undertaken by Newexco in conjunction with the newly acquired survey data.
Warriedar’s 2023 XCite survey was flown by NRG with a nominal line spacing of 200m and variable line direction with a total of 1710 line-kms – including an extension of coverage at the Fields Fine project.
While final data is still pending from NRG, the first pass review by Newexco has identified eight Priority 1 bedrock conductors and 43 Priority 2 conductors for review, geological integration and possible follow-up.
This article was developed in collaboration with Warriedar Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.