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Battery Minerals Ltd. ( (AU:WTM) ) has shared an announcement.
Waratah Minerals Limited reported significant progress in its exploration activities during the quarter ending September 2025, with extensional drilling at the Consols Zone revealing multiple zones of visible gold mineralization. The drilling results have expanded the known gold footprint, extending the Spur Gold Corridor by 500 meters and enhancing the company’s resource base. The company also raised A$30 million through a share placement to accelerate exploration activities, indicating a strong financial position with A$16.1 million in cash as of the end of the quarter. This development is expected to bolster Waratah’s industry positioning and provide potential benefits to stakeholders by enhancing resource estimates and future production capabilities.
More about Battery Minerals Ltd.
Waratah Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper resources. The company is engaged in activities primarily in the Spur Project, located in the Molong Belt within the Lachlan Fold Belt, known for its significant mineral deposits.
Average Trading Volume: 1,597,669
Technical Sentiment Signal: Buy
Current Market Cap: A$207.9M
For an in-depth examination of WTM stock, go to TipRanks’ Overview page.