Warriedar’s Stone Hut prospect the focus point for new drilling
Mining
Mining
Stone Hut, part of Warriedar Resources’ Fields Find project, is undergoing a 2,300m RC program designed to test a number of underexplored geophysical targets that share similar characteristics to the Rothschild deposit.
The drilling program at Stone Hut has been brought forward due to the excellent recent results from drilling at Rothschild, another prospect within a larger camp-scale gold play on the eastern side of the Fields Find project in Western Australia’s Murchison province.
At Stone Hut there are several historical workings of pits and shallow shafts, though only very limited modern exploration has been undertaken, which is broadly limited to soil, rock chip sampling and shallow reconnaissance drilling.
Nonetheless, evidence of shallow, high-tenor mineralisation was confirmed by a previous owner in 1990, whose drilling returned 9m at 5.21g/t Au from 26m.
Warriedar (ASX:WA8) says the program is scheduled to drill 12 holes for ~2,300m with initial assays expected by the end of August.
Assay results for the remaining 38 RC holes (of a total 47) recently drilled at the Rothschild deposit demonstrated the deposit is much larger than previously defined.
The results highlighted a much larger Main Lode extending it a further 150m vertical depth to 230m below surface.
Assays also discovered the existence of additional lodes with the new parallel Southern Lode demonstrating the significant scope for a much larger overall system – and potential further discoveries.
High-grade extensional intercepts include:
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.