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Other highlights included 1.05g/t AuEq over 78.23m, within a broader 201.48m grading 0.73g/t AuEq.
"To drill consistent grades between holes on each section over a strike length of 1.1 km is remarkable," CEO Michael Blady said.
"Gaining an understanding of the controls on mineralization in the LAZ [Lower Alteration Zone], including the discovery of a mineralized intrusion in HNK-17-009 gives Golden Ridge a major advantage over historical operators, which only sparsely tested the zone."
The company has the option to acquire 100% of the gold-silver-lead-zinc property by spending C$1.7 million (US$1.3 million) on exploration work by the end of 2018.
Golden Ridge was acquired in a reverse takeover, finalised in October, by 88 Capital which has changed its name to Golden Ridge Resources.
It reported a net loss of $52,818 (US$41,000) for the September quarter, greater than the June quarter loss but a decrease on the previous corresponding period.
Shares in the company closed down 10.5% to C17c.
