Warriedar Resources Limited announced encouraging new drilling results from its flagship Ricciardo gold-antimony deposit in the Murchison region of Western Australia. The company reported full-hole assays for three diamond core holes drilled at the Ardmore end of the Ricciardo deposit during May 2025. The holes returned a series of wide, high-grade intercepts across multiple zones that reinforce the consistency and down-plunge continuity of the high-grade shoots. For instance, one interval from hole RDRC068 returned 50.7 meters at 5.12 g/t Au and 0.15% Sb (equivalent to 5.44 g/t AuEq) from 137 meters depth, while a lower-level interval in the same hole measured 20.4 meters at 3.00 g/t Au and 0.85% Sb, including a six‐meter sub-interval of 1.07 g/t Au and 1.95% Sb and a four‐meter interval of 10.01 g/t Au and 0.07% Sb. Similarly, hole RDRC071 produced a 13-meter intercept at 5.55 g/t Au and 0.35% Sb (6.30 g/t AuEq), featuring a four‐meter section at 5.07 g/t Au and a brief but striking two‐meter section at 21.70 g/t Au. Additional results from RDRC070 include a 33-meter intercept of 0.48 g/t Au and 0.46% Sb (1.45 g/t AuEq) and another 22.8-meter section at 1.95 g/t Au and 0.68% Sb, with a four‐meter sub-interval reaching 8.69 g/t Au. The company highlighted that these results exceed current Mineral Resource Estimate modelling, suggesting significant upside potential if further drilling confirms the extended high-grade mineralisation. Accelerated multi-rig drilling is progressing ahead of schedule, with further assay results expected in the near term. This success at shallower depths, across both gold-rich and antimony-rich zones, underlines the opportunity for substantial expansion of the deposit’s resource base. The reaction from Warriedar’s management reflects high confidence in the project. Managing Director and CEO Amanda Buckingham noted that the new intercepts have greatly exceeded expectations and firmly establish the high-grade opportunity at Ardmore. The company’s proactive approach is aimed at not only growing the current resources but also setting an ambitious pace for additional discoveries within the broader Golden Range Project portfolio. Bullish sentiment arises from the impressive grade and intercept widths compared to current resource models, the clear continuity of the high-grade shoots at relatively shallow depths, and the accelerated drilling program that is yielding strong results ahead of schedule. In contrast, bearish sentiment may focus on the inherent exploration risks, the challenge of turning promising intercepts into a fully defined resource, and the need for further metallurgical testing to confirm recovery assumptions. Overall, the news is likely to appeal to investors with an appetite for exploration opportunities, while caution is warranted until more comprehensive data validates the long-term resource potential.