Market Alert: Gold and Silver Continue to Outperform with Robust Gains.
Warriedar Resources Limited (ASX: WA8) reported significant progress for the June 2025 quarter, anchored by a major resource upgrade at its flagship Ricciardo deposit within the Golden Range Project, Western Australia. The maiden antimony Mineral Resource Estimate (MRE) of 60.3 kt Sb makes Ricciardo Australia’s largest open-pit antimony resource. Total MRE across Golden Range and Fields Find rose to 2.3 Moz AuEq. High-grade gold was encountered at Ardmore, with assays reaching up to 1,148 g/t Au. Additional antimony-rich zones were confirmed at the nearby Azure Coast, enhancing the project's upside. Warriedar raised A$21 million via equity placement and SPP, boosting its cash position to A$24.4 million with no debt. Fast-tracked drilling is underway across multiple deposits. Concurrently, permitting progresses at the Big Springs Project in Nevada, USA, supporting broader growth strategy.
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Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Sep 18, 2025
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.