InvestSMART

Waratah Minerals Limited (ASX:WTM)

ALERT: Price-sensitive ASX Announcement for WTM
Current share price for WTM : $0.605 -0.025 (-3.97%)+
Announcement
Release
11 Jun 2026 8:29AM
Price at Release
$0.630
Full Release
download
Summary
Waratah Minerals Limited (ASX: WTM) announced significant results from their extensive drilling program at the Spur and Consols Gold Zones, part of the Spur Gold Project in New South Wales, Australia. The program, which involved 80,000 meters of drilling, revealed high-grade gold mineralization that extends across various depths and locations, indicating significant scale potential. The results from the Consols Zone, for instance, showed strong growth and extended high-grade mineralization, while the Spur Zone drilling continued to define shallow, high-grade deposits. These outcomes suggest a district-scale gold system, enhancing the project's potential and value. The drilling results have led to an optimistic view of the Spur Project's future, with further expansion and definition drilling planned to unlock the full potential of the site.
Key Points
  • Waratah Minerals announced drilling results from Spur and Consols Gold Zones.
  • The project is located in New South Wales, Australia.
  • 80,000 meters of drilling were conducted.
  • High-grade gold mineralization was discovered.
  • Results indicate significant scale potential for the project.
  • Drilling revealed both shallow and deep mineralization zones.
  • Further drilling is planned to explore the project's full potential.
  • The project is seen as a district-scale gold system.
  • The announcement was made on 11 June 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.