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Waratah Minerals Limited (ASX: WTM) has reported strong assay results from three diamond drill holes at its Spur Gold Project in New South Wales, highlighting significant gold mineralisation across the Spur and Consols zones. Key intercepts include 71m @ 1.65g/t Au from 582m (SPD009), 16.1m @ 1.15g/t Au from 271.8m (SPRCD080w), and 8m @ 1.87g/t Au from 49m (SPD010), with several high-grade inclusions up to 18.7g/t Au. The company has expanded its drilling fleet to five rigs and adopted rapid PhotonAssay technology to accelerate exploration and enhance gold grade accuracy.
Additionally, Waratah received a $250,000 grant from the NSW Government to support drilling at the Consols and Breccia West zones. These results extend mineralisation at depth and along strike, reinforcing the project’s scale and potential within the emerging Spur Gold Corridor.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.