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Waratah Minerals Limited (ASX:WTM)

ALERT: Price-sensitive ASX Announcement for WTM
Current share price for WTM : $0.530 0.085 (19.10%)+
Announcement
Release
3 Aug 2026 9:29AM
Price at Release
$0.445
Full Release
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Summary
Waratah Minerals Limited has reported promising new Reverse Circulation (RC) drilling results from both the Alpine and Gazzards prospects, part of the Cargo Intrusive Complex in central western New South Wales. These findings have revealed a continuous 6km gold corridor linking the Spur and Consols prospects. Significant shallow gold deposits were identified, prompting the company to plan for follow-up diamond drilling. The exploration activities are supported by comprehensive soil sampling and geophysical surveys, outlining a robust gold mineralisation system across the region.
Key Points
  • Waratah Minerals announced new RC drilling results from the Alpine and Gazzards prospects.
  • The results indicate a continuous, district-scale 6km mineralised gold corridor.
  • Significant shallow gold findings were made at the Gazzards and Alpine zones.
  • Follow-up diamond drilling is planned to further explore these findings.
  • The exploration is located in central western New South Wales on tenement EL5238.
  • A regional soil sampling program has also been conducted, showing strong geochemical signatures.
  • Ground magnetic and gravity surveys have been completed over the exploration area.
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.