Warriedar

: Level 11, 216 St Georges Terrace, Perth WA 6000

: Suite 3, 41-47 Colin Street, West Perth WA 6005

: PO Box 920, Scarborough WA Australia 6019

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The Warriedar Warbler

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Big Springs Project

Golden Range Flagship: Ricciardo

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DM Sans

Unlocking gold potential in WA

Warriedar-Resources-Update-Note-28-Nov-2024.pdf

We are pleased to share updated research coverage from East Coast Research, revising Warriedar Resources’ Target Share Price to $0.18, offering a 248% upside potential from the current price of $0.051. This is an 80% increase from the Target Share Price from East Coast Research's initiation report for WA8 from May this year.

This is an impressive result that places WA8 at the top of our gold explorer peer set in terms of the level of organic exploration-based increase in gold resources achieved since the end of 2023. This validates our management’s focused strategy as well as the strong exploration strategy at the Golden Range Project, with significant upside potential in both the Golden Corridor and Ricciardo. Additionally, our other projects, including Field Finds and Big Springs, offer further growth opportunities.

The updated valuation range for WA8 is A$0.16–$0.29 per share, with the potential for further upside as exploration progresses. We encourage you to review the full report for more details on WA8’s strong growth prospects.