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Waratah Minerals Extends Gold Discoveries and Secures Funding for Spur Project

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Waratah Minerals Extends Gold Discoveries and Secures Funding for Spur Project

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Battery Minerals Ltd. ( (AU:WTM) ) has shared an update.

Waratah Minerals Limited has reported significant progress in its exploration activities at the Spur Project, with successful drilling extending gold mineralization in the Spur Gold Corridor. The company has also secured $8.4 million through equity raising to accelerate its drilling efforts and received a full renewal of its exploration license, ensuring operations continue until 2031. These developments position Waratah favorably within the industry, enhancing its potential for future resource discoveries and strengthening its financial standing.

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 actively involved in the Spur Project, located in the Macquarie Arc, targeting epithermal-porphyry mineralization, which is significant for its proximity to major deposits in the region.

Average Trading Volume: 720,606

Technical Sentiment Signal: Buy

Current Market Cap: A$63.05M

For a thorough assessment of WTM stock, go to TipRanks’ Stock Analysis page.

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