Waratah Minerals Extends High-Grade Gold Systems at Spur and Consols

Battery Minerals Ltd. ( (AU:WTM) ) has provided an announcement.

Waratah Minerals has reported strong new drilling results from its Spur Gold Project in New South Wales, with assays from six diamond drill holes at the Spur and Consols Zones returning broad and higher-grade gold intercepts. The company now has seven drill rigs active, with two at Spur and five at Consols, as it pushes to rapidly expand mineralisation beyond previously defined areas.

At the Consols Zone, step-out drilling has extended higher-grade gold mineralisation both at shallow levels and about 80 metres east of earlier work, reinforcing the scale and continuity of the system. At the Spur Zone, new results, including a thick interval with very high-grade segments, have expanded mineralisation at the eastern extents, supporting management’s view that the project hosts a major gold system comparable to other significant deposits in the region and potentially enhancing Waratah’s growth prospects for investors.

The most recent analyst rating on (AU:WTM) stock is a Sell with a A$0.60 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 Ltd. is an Australian mineral exploration company focused on gold, with its key asset being the 100%-owned Spur Gold Project in New South Wales. The company is targeting rapid resource growth and high-grade discoveries at the Spur and Consols Zones, positioning itself within a region known for large, world-class gold systems.

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Technical Sentiment Signal: Buy

Current Market Cap: A$190.2M

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