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Waratah Minerals Extends High-Grade Gold Zones at Spur Project

Story Highlights
  • Waratah Minerals’ intensive drilling at the Spur Gold Project has delivered multiple new high-grade gold intercepts, extending mineralisation along strike and towards surface at both the Spur and Consols zones.
  • Standout results from hole SPD025 at the Consols zone and solid infill and extensional drilling at Spur highlight growing scale, strong grade continuity and potential for additional shallow high-grade deposits in the district.
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Waratah Minerals Extends High-Grade Gold Zones at Spur Project

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

Waratah Minerals has reported strong new assay results from its ongoing diamond drilling program at the Spur Gold Project in New South Wales, with 10 rigs currently operating across the Spur and Consols zones. The latest holes have delivered multiple high-grade gold intercepts, extending known mineralisation both along strike and closer to surface, particularly at the Consols zone.

Key results include standout intercepts from hole SPD025 at Consols, which returned several thick, high-grade gold intervals that demonstrate the growing scale and grade potential of the system. At the Spur zone, infill and extensional drilling has confirmed continuity of high-grade structures and expanded mineralisation eastward, reinforcing confidence in the potential for additional shallow, high-grade deposits within the broader Spur district and supporting Waratah’s growth strategy.

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 focused on gold, with its flagship 100%-owned Spur Gold Project in New South Wales. Listed on the ASX under the code WTM, the company is targeting high-grade gold mineralisation across multiple zones within the Spur district, aiming to rapidly grow resources through intensive drilling campaigns.

Average Trading Volume: 998,028

Technical Sentiment Signal: Buy

Current Market Cap: A$207.9M

See more insights into WTM stock on TipRanks’ Stock Analysis page.

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