Noosa Mining Investor Conference
Logotype for Warriedar Resources Limited

Warriedar Resources (WA8) Noosa Mining Investor Conference summary

Event summary combining transcript, slides, and related documents.

Logotype for Warriedar Resources Limited

Noosa Mining Investor Conference summary

24 Jul, 2025

Project highlights and strategic direction

  • Focused on rapid advancement of gold and antimony resources in Western Australia, with a 2.3Moz AuEq resource base and significant exploration upside along a 70km mineralised shear.

  • Aggressive 29,000m multi-rig drill program underway in H2 2025, targeting further resource growth at Ricciardo and along the Golden Corridor.

  • Strategy includes expanding high-grade mineable ounces, advancing metallurgical studies, and integrating antimony into resource models.

  • Multiple production pathways enabled by proximity to owned and third-party processing facilities.

  • All resources are on permitted mining leases with established infrastructure, including a 800ktpa CIL plant and haul roads.

Ricciardo deposit and resource growth

  • Ricciardo deposit now hosts 1.04Moz Au and 60.3kt Sb (2Moz AuEq), with a 408% resource increase since H1 2023.

  • 2025 drilling delivered high-grade intersections, including 50.7m @ 5.12g/t Au and 20.4m @ 3.00g/t Au, with mineralisation open at depth and along strike.

  • Initial metallurgical results show up to 96% gold recovery and 81% antimony recovery in concentrate.

  • Open pit resource: 20Mt @ 2.5g/t AuEq for 744koz Au and 56.8kt Sb, with 37% Sb and 50% Au in M&I categories.

  • Resource model uses gold and antimony equivalency, with robust methodologies and price assumptions.

Exploration and development pipeline

  • Six discrete resources along the 25km Golden Corridor total 2.22Moz AuEq, with shallow historical drilling and substantial exploration upside.

  • H1 2025 drilling at Windinne Well, M1, and Valencia completed (~7,000m), with results pending; H2 program of ~10,000m scheduled.

  • 10,000m aircore program approved for Q3/Q4 2025 to test underexplored shear zones.

  • Ongoing metallurgical, engineering, and scoping studies support project development.

  • Well-funded with A$24.4M cash (as of June 2025) and no debt, supporting continued exploration and growth.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
All investor relations material. One API.
Learn more