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Battery Minerals Ltd. ( (AU:WTM) ) just unveiled an announcement.
Waratah Minerals has reported a suite of exceptional new drill results from its Spur Gold Project in New South Wales, with assays from the Consols and Spur zones confirming extensive high-grade gold mineralisation and expanding the known system both up dip and along strike. Key intercepts include 42m at 2.95g/t gold from hole SPD015 at Consols, indicating a new shallow high-grade zone that may extend towards surface, and 6m at 24.56g/t gold, including 1m at 146g/t, from hole SPD021 at Spur, the highest-grade interval yet recorded at the project. With seven drill rigs now active and the company’s evolving 3D geological framework improving predictability of drill targeting, the results bolster Waratah’s view that Spur hosts a potentially significant gold system, enhancing the project’s scale and grade profile and underscoring its growing strategic importance within the Australian gold exploration sector.
The most recent analyst rating on (AU:WTM) stock is a Hold with a A$0.57 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 gold exploration company listed on the ASX and focused on advancing its 100%-owned Spur Gold Project in New South Wales, where it targets high-grade gold systems through intensive diamond drilling and geological modelling.
Average Trading Volume: 837,609
Technical Sentiment Signal: Hold
Current Market Cap: A$170.1M
For an in-depth examination of WTM stock, go to TipRanks’ Overview page.