Warriedar Resources
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Warriedar Resources (WA8) investor relations material

Warriedar Resources has been acquired

Warriedar Resources Q1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 TU earnings summary30 Oct, 2025

Executive summary

  • Significant high-grade gold and antimony intercepts were reported at the Ricciardo Ardmore pit, with drilling confirming mineralisation continuity and resource growth potential.

  • Gold mineralisation was extended at Windinne Well and M1, with notable intercepts outside current resource estimates, supporting further resource expansion.

  • A transformational transaction was agreed with Capricorn Metals, with an increased offer for Warriedar shares and options, unanimously recommended by the board.

Financial highlights

  • Cash balance at 30 September 2025 was A$19.0 million, with no debt apart from usual creditor balances.

  • Exploration and evaluation expenditure for the quarter was A$6.08 million.

  • Payments to related parties totaled A$231,000 for the quarter.

  • Net cash used in operating activities for the quarter was A$7.09 million.

  • Proceeds from equity issues were A$1.75 million, with net cash at period end of A$19.0 million.

Outlook and guidance

  • Ongoing drilling at Ricciardo and other Golden Range deposits aims to further expand gold and antimony resources.

  • The board recommends securityholders vote in favor of the Capricorn acquisition, with the transaction expected to close pending approvals.

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Frequently asked questions

Warriedar Resources Limited is an Australia-based mineral exploration and development company focused on gold and base metals. The company holds exploration assets primarily in Western Australia and Nevada, USA, targeting high-potential gold, copper, and other mineral deposits. Warriedar Resources engages in geological surveys, drilling programs, and resource assessments to advance its mining projects. Warriedar Resources Limited is headquartered in Perth, Australia, and its shares are listed on the Australian Securities Exchange (ASX).