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Waratah Minerals Extends Gold Mineralisation at Spur as Six Rigs Drive Aggressive Drilling Campaign

Story Highlights
  • Waratah Minerals’ latest drilling at the Spur Gold Project has returned significant gold intercepts extending mineralisation down-dip and down-plunge.
  • With six rigs now active at Spur and Consols, the company is accelerating exploration to build shallow high-grade and deeper resources, enhancing project growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Waratah Minerals Extends Gold Mineralisation at Spur as Six Rigs Drive Aggressive Drilling Campaign

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The latest announcement is out from Battery Minerals Ltd. ( (AU:WTM) ).

Waratah Minerals has reported new diamond drilling assay results from its Spur Gold Project in New South Wales, with holes SPD012 and SPD013 returning multiple significant gold intercepts that extend mineralisation both down-dip and down-plunge within the Spur Zone. The company now has six rigs operating—two at Spur and four at the nearby Consols Zone—to accelerate drilling on both shallow, high-grade targets and deeper extensions, underscoring the potential scale and growth upside of the project and signalling an intensified exploration push that could underpin future resource expansion and strengthen Waratah’s position in the regional gold sector.

The most recent analyst rating on (AU:WTM) stock is a Buy with a A$0.95 price target. To see the full list of analyst forecasts on Battery Minerals Ltd. stock, see the AU:WTM Stock Forecast page.

More about Battery Minerals Ltd.

Waratah Minerals Limited is an Australian exploration company listed on the ASX that is focused on gold exploration in New South Wales, particularly at its rapidly emerging Spur Gold Project and the newly discovered Consols Zone within the same project area.

Average Trading Volume: 1,124,296

Technical Sentiment Signal: Hold

Current Market Cap: A$159.3M

Learn more about WTM stock on TipRanks’ Stock Analysis page.

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