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Anova Metals Ltd. ( (AU:WA8) ) has issued an update.
Warriedar Resources Limited has announced a significant update to its mineral resource estimates for the Ricciardo deposit, unveiling Australia’s largest open-pit antimony resource. The maiden antimony Mineral Resource Estimate (MRE) for Ricciardo stands at 12.2 Mt @ 0.5% Sb, highlighting a 107% increase in total Ricciardo MRE to 1.96 Moz AuEq. This development positions Warriedar as a key player in the antimony market, especially amid rising antimony prices and global supply constraints. The company plans to commence antimony-focused drilling and continue metallurgical testwork, aiming to expand its gold resources within the Golden Range Project.
More about Anova Metals Ltd.
Warriedar Resources Limited, trading as ASX: WA8, operates in the mining industry, focusing on gold and antimony resources. The company is engaged in the exploration and development of mineral deposits in the Murchison region of Western Australia, with a particular emphasis on the Ricciardo gold-antimony deposit, part of its Golden Range Project.
YTD Price Performance: 117.50%
Average Trading Volume: 4,324,540
Technical Sentiment Signal: Hold
Current Market Cap: A$83.25M
See more data about WA8 stock on TipRanks’ Stock Analysis page.
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