Key facts
| Company | Waratah Minerals (ASX: WTM) |
|---|---|
| Commodity | Gold |
| Location | USA |
| Stage | Early exploration |
About Spur Project
Waratah Minerals is focused on its flagship Spur Gold and Copper Project in the East Lachlan region of New South Wales.
News releases107 on file
Spur Gold Discovery Drilling Delivers Best Intercept To Date
Drill hole SPD075 at the Consols Zone of the Spur Gold Discovery in New South Wales returned 46 m at 7.27 g/t Au from 541 m, including 19 m at 15.62 g/t Au, 10 m at 28.93 g/t Au from 550 m and 1.3 m at 206 g/t Au from 556 m. Other intercepts included 80 m at 0.97 g/t Au from 394 m, 23 m at 2.18 g/t Au from 312 m and 36.6 m at 0.71 g/t Au from 490 m. The hole extends mineralisation 70 m north and 1
Drill resultsWaratah Minerals strikes 46m at 7.27g/t gold as Spur discovery grows
Diamond hole SPD075 at the Consols zone of the Spur gold project in NSW returned 46m at 7.27g/t gold from 541m, including 19m at 15.62g/t from 541m, 10m at 28.93g/t from 550m and a 1.3m sample at 206g/t from 556m. The hole extended mineralisation 70m north and 150m east, linking zones over about 400m of strike and 400m vertically, and defined four high-grade domains beneath the Colthi Fault. Other
Drill resultsWTM strikes shallow gold west of Spur Zone
Nine sonic core holes at the Gum Flat prospect, part of Waratah Minerals' Spur project in NSW, intersected gold in alluvial sediments and weathered basement. Weathered basement intercepts included 19m at 1.10g/t Au from 31m, 50.5m at 0.32g/t Au from surface and 30.5m at 0.96g/t Au from 8m, while alluvial results included 14m at 0.75g/t Au from 9.5m. The company says the results support a possible
Drill resultsMajor Step-Out Hole Extends Consols
Drill hole SPD074 at the Consols Zone, Spur Project in New South Wales returned 12.7m @ 1.35 g/t Au from 44m, including 5.0m @ 3.24 g/t Au, plus deeper intercepts of 23.5m @ 2.12 g/t Au from 563m, 185m @ 0.94 g/t Au from 646m and 74.9m @ 0.98 g/t Au from 845.1m, extending mineralisation 75m east and down plunge. At Spur, SPD088 returned 190m @ 0.45 g/t Au from 419m, extending mineralisation 50m no
Drill results2026 Half Year Financial Statements
A loss after tax of $20,061,796 was reported for the half-year ended 30 June 2026, compared with $5,754,659 in the prior corresponding period, with exploration and evaluation costs of $19,088,147 and cash of $57,714,079 at 30 June 2026. A A$48.0 million placement was completed in May 2026 at A$0.62 per share for 77,419,355 shares, funding drilling at the Spur Gold Project in New South Wales. The I
CorporateAlpine Gold Zone Confirms District-Scale 6km Spur Corridor
6km mineralised gold corridor linking Alpine, Gazzards, Spur and Consols, based on RC drilling at the Alpine Gold Zone within the 80,000m program at the Spur Project, New South Wales. ARC023 returned 7m @ 1.40 g/t Au from 13m, including 1m @ 9.34 g/t Au from 17m, and 20m @ 1.82 g/t Au from 53m, including 1m @ 26.63 g/t Au from 59m. ARC024 returned 12m @ 1.18 g/t Au from 27m and ended in 1m @ 5.63
Drill resultsInvestor Presentation - Diggers & Dealers Mining Forum
An investor presentation for the Diggers & Dealers Mining Forum, held 3-5 August 2026, covers the Spur gold-copper project in NSW, where recent RC drilling confirmed 6km of strike between Spur and Gazzards, with fifteen shallow holes at Gazzards returning near-surface gold over a 500m strike extent, including 8m @ 3.54 g/t Au from 120m (ARC009) and 17m @ 1.36 g/t Au from 96m (ARC011). An 80,000m d
CorporateWaratah Minerals drilling extends Spur gold corridor to 6km
Reverse circulation drilling at the Spur gold-copper project in NSW has extended the Spur Gold Corridor to 6km, linking the Alpine and Gazzards prospects to Consols and Spur. Alpine hole ARC018 returned 10m at 2.46g/t gold from 76m, including 5m at 4.35g/t from 79m, while Gazzards returned 8m at 3.54g/t from 120m in ARC009 and 15m at 1.16g/t from 11m in ARC006. Diamond drilling is expected to star
Drill resultsWaratah Unlocks 6km Expansion to Spur Gold Corridor
RC drilling results from the Alpine and Gazzards prospects at the Spur Project's Cargo Intrusive Complex include ARC018 at Alpine returning 10m @ 2.46 g/t Au from 76m, including 5m @ 4.35 g/t Au from 79m, and at Gazzards ARC009 with 8m @ 3.54 g/t Au from 120m and ARC011 with 17m @ 1.36 g/t Au from 96m. Fifteen shallow holes at Gazzards returned near-surface gold over 500m of strike, with the compa
Drill resultsQuarterly Activities/Appendix 5B Cash Flow Report
Drilling at the 100%-owned Spur Gold Project near Cargo, New South Wales, expanded to 12 rigs during the June 2026 quarter as part of an 80,000m program, extending the Spur Zone footprint to 550m x 800m and the Consols Zone to over 400m east-west, 500m north-south and 600m vertically, including two intercepts above 200 gram-metres. Waratah completed the Ironclad Mining Lease acquisition after quar
CorporateInvestor Presentation - Noosa Mining Conference
An investor presentation for the Noosa Mining Conference, 22-24 July 2026, covers the Spur gold-copper project in NSW, where ~77,132m has been drilled across 196 holes and an 80,000m program with 10 rigs is underway in 2026. Listed top intercepts include SPRCD062 with 208.7m at 1.17 g/t Au from 514m and SPD027 with 117m at 2.01 g/t Au from 661m, with 25 intercepts exceeding 100 gram-metres. Cash w
CorporateWTM grows Spur Zone with shallow gold
Results from 13 holes at the Spur project in NSW extended shallow high-grade gold at the Spur Zone, part of an ongoing 80,000m drilling program. Hole SPD067 returned 18m at 1.12g/t Au from 61m, 3m at 9.81g/t from 142m, 11m at 3.04g/t from 154m and 79m at 1.00g/t from 252m, while SPD078 returned 52m at 0.84g/t from 84m. The drilled footprint now covers 550m by 800m ahead of a planned maiden resourc
Drill resultsDrilling Delivers Shallow High-Grade Gold at Spur
Results from 13 holes at the Spur Gold Zone, part of an 80,000m drilling program at the Spur Project in New South Wales, include SPD067 with 18m @ 1.12 g/t Au from 61m and 79m @ 1.00 g/t Au from 252m, SPD071 with 38.3m @ 1.09 g/t Au from 59.4m and 84m @ 0.69 g/t Au from 150m, and SPD078 with 52m @ 0.84 g/t Au from 84m. The drilled footprint now extends to 550m x 800m, with infill drilling planned
Drill resultsWTM grows Consols zone at Spur
Drilling at the Consols Zone of the Spur gold-copper project in NSW returned 144m at 1.49g/t gold from 482m in SPD048, including 81m at 2.42g/t from 536m, 13m at 4.72g/t from 550m, 7m at 7.77g/t from 551m and 27m at 3.19g/t from 590m. Step-out holes included SPD051 with 18.9m at 2.06g/t from 193.1m, SPD052 with 49.16m at 1.41g/t from 255.84m and SPD056 with 26.5m at 1.89g/t from 237m. The Consols
Drill resultsConsols Gold Zone Grows with Strong Drill Results
Five diamond holes from the Consols Zone at the Spur Project in New South Wales, part of an 80,000m drilling program, returned SPD048 144m @ 1.49 g/t Au from 482m including 81m @ 2.42 g/t Au from 536m; SPD051 18.9m @ 2.06 g/t Au from 193.1m and 74m @ 0.87 g/t Au from 282m; SPD052 49.16m @ 1.41 g/t Au from 255.84m; and SPD056 26.5m @ 1.89 g/t Au from 237m. The mineralised envelope now spans over 40
Drill resultsWaratah Completes Acquisition of Ironclad Mining Lease
Acquisition of 100% of the Ironclad Mining Lease (GL5828) has been completed for A$1 million cash, following regulatory approval of the extension and transfer of tenure. Ironclad lies 1.4km along strike from the Spur and Consols gold discoveries in NSW's Macquarie Arc and produced 172kg of gold at between 30g/t and 61g/t Au and 10.7 tonnes of copper between 1875 and 1890. Diamond drilling is under
AcquisitionContinued Growth at the Spur Gold Zone
Drilling results from 12 further diamond holes at the Spur Zone, Spur Project in New South Wales, part of an 80,000m growth and extensional program. SPD058 returned 55.9 m @ 2.63 g/t Au from 3.1 m, including 31.9 m @ 4.45 g/t Au and 1 m @ 108 g/t Au from 43 m, extending near-surface mineralisation 40m north along the Tywi Fault. SPD063 returned 25 m @ 2.05 g/t Au from 359 m, 180m below previous ho
NewsExplorers Podcast: Waratah targets major gold growth at Spur and Consols
A podcast interview with executive chairman Andrew Stewart covers the Spur and Consols gold discovery in the Macquarie Arc, New South Wales, where recent drilling has continued to expand mineralisation and identify new high-grade zones. Waratah has 10 drill rigs turning and more than $60 million in cash, running one of the largest exploration programmes on Australia's east coast as it works toward
CorporateExceptional Results Demonstrate Scale Upside at Spur Project
Results from an 80,000m growth and extensional drilling program at the Spur and Consols Gold Zones, Spur Gold Project, New South Wales, include SPD036 at Consols with 26.8m @ 1.58 g/t Au from 540.2m, 51m @ 1.5 g/t Au from 629m (including 9m @ 6.17 g/t Au) and 3.82m @ 16.34 g/t Au from 706.18m, drilled 100m beneath SPD019. SPD031 extended mineralisation 160m up dip, returning 42m @ 1.08 g/t Au from
NewsWaratah Consolidates Spur Gold District
A binding option deed has been executed giving Waratah Minerals the right to acquire 100% of the shares in M.N.I. Mining Pty Ltd, sole owner of the Goldenclad Mining Leases ML960, ML1092 and GL3694, located 1.6km along strike from the Spur and Consols gold discoveries in the East Lachlan region of New South Wales. Total payments of up to $1.2 million cover a 24-month option ($100,000 initial fee),
AcquisitionAppointment of Johan Van Vuuren as Non-executive Director
Johan Van Vuuren has been appointed an independent Non-Executive Director of Waratah Minerals, effective immediately. He was most recently Senior Vice President Corporate Development at Tadawul-listed Saudi Arabian Mining Company (Maaden), and has previously held roles including Group Chief Strategy & Transformation Officer and Group CFO at Middle East Paper Company. Waratah's flagship asset is th
ManagementChair's Address to Shareholders
Addresses and a presentation delivered at the 2026 Annual General Meeting by Executive Chairman Dr Andrew Stewart and Managing Director Peter Duerden outline the company's focus on the 100%-owned Spur Gold Project in the Macquarie Arc, western New South Wales, with more than 50,000 metres drilled over 18 months and an 80,000-metre growth and discovery program underway in 2026 using 10 rigs. A maid
CorporateInvestor Presentation
An investor presentation for the Spur gold-copper project in NSW outlines an 80,000-metre drilling program in 2026 with 10 rigs active, following 149 holes and about 53,500m drilled to date, including 23 intercepts exceeding 100 gram-metres. Top results include SPRCD062 with 208.7m @ 1.17 g/t Au from 514m and SPD027 with 117m @ 2.01 g/t Au from 661m at Consols. Cash at bank was $60M at 18 May 2026
Corporate$48m placement to fund aggressive drilling program at Spur
Firm commitments for A$48.0 million (before costs) have been received via a placement of approximately 77.4 million new shares at A$0.62 each, a 12.1% discount to the 4 May 2026 close of A$0.705, with Bell Potter as Sole Lead Manager and Bookrunner. Settlement is anticipated on 13 May 2026 and allotment on 14 May 2026. Funds will support extensional, resource and exploration drilling at the 100%-o
FinancingProposed issue of securities - WTM
A placement of 77,419,355 fully paid ordinary shares at A$0.62 per share is proposed, with an issue date of 14 May 2026. The shares will be issued without security holder approval using 46,393,237 under listing rule 7.1 and 31,026,118 under rule 7.1A, with Bell Potter Securities Limited as lead manager for a fee of 5% of placement proceeds. Proceeds are for extensional and resource drilling at the
FinancingRIU Resources Roundup Investor Presentation
An investor presentation for the RIU Resources Roundup covers the Spur Gold-Copper Project in NSW, where SPD027 returned 117m @ 2.01 g/t Au from 661m, including 7m @ 26.54 g/t Au from 698m, and SPD038 returned 80m @ 1.75 g/t Au from 0m, including 10m @ 8.29 g/t Au from 69m. The Consols Zone now measures more than 300m east-west, 400m north-south and 600m vertically. An 80,000m drilling program is
CorporateDrilling Returns second 200 gram-metre Intercept at Consols
Assay results from five diamond drill holes at the 100%-owned Spur Gold Project (EL5238/GL5828) in New South Wales include SPD027 at Consols, which returned 117m @ 2.01 g/t Au from 661m, including 7m @ 26.54 g/t Au from 698m and 1m @ 120 g/t Au from 701m, plus 14m @ 2.35 g/t Au from 612m. The intercept sits 100m downdip of existing drilling, extending the Consols Zone to over 300m east-west, 400m
Drill resultsQuarterly Activities/Appendix 5B Cash Flow Report
Ten drill rigs completed 26 holes for 14,822m at the 100%-owned Spur Gold Project in New South Wales during the March 2026 quarter, part of an 80,000m program. Results included 80m @ 1.78g/t Au from 271m at Consols and 6m @ 24.56g/t Au from 329m at Spur, with early test work indicating gold recoveries of 90-97%. Waratah signed a binding agreement to acquire the Ironclad Mining Lease (GL5828) for A
CorporateHigh-Grade Gold Mineralisation Continues to Grow at Consols
Assay results from seven diamond drill holes at the 100%-owned Spur Gold Project (EL5238) in New South Wales include SPD025 at Consols returning 54m @ 1.88 g/t Au from 446m, including 10m @ 7.89 g/t Au from 486m, plus 89m @ 0.63 g/t Au from 518m and 40m @ 1.42 g/t Au from 767m, extending the broad high-grade zone 75m west. At Spur, SPD033 returned 8m @ 7 g/t Au from 91m, including 1m @ 42.39 g/t A
Drill resultsInvestor Presentation
An investor presentation was released for the Spur Gold-Copper Project in NSW, covering 100% ownership of a ~100 square kilometre district-scale position, with 134 holes for about 53,500m drilled to date and top intercepts including 208.7m @ 1.17 g/t Au from 514m (SPRCD062, Consols) and 104m @ 1.53 g/t Au from 112m (SPRC007, Spur). An 80,000-metre drilling program with 10 active rigs is underway i
CorporateConsols High-Grade Gold Mineralisation and System Expansion
Assay results from five diamond drill holes at the 100%-owned Spur Gold Project (EL5238) in New South Wales include SPD025, with partial results to 387m, returning 80m at 1.78g/t Au from 271m, including 11m at 7.32g/t Au from 290m, and SPD019w returning 72.5m at 1.58g/t Au from 431m, including 3.5m at 7.97g/t Au from 480.5m. SPD015 returned 5m at 10.93g/t Au from 854m, and Spur hole SPD028 returne
Drill resultsDrilling Expands Spur and Consols Gold Systems
Assay results from six diamond holes at the 100%-owned Spur Gold Project (EL5238) in New South Wales include SPD019, drilled 80m east of previous drilling at Consols, returning 74m at 1.6g/t Au from 453m, including 27m at 2.35g/t Au from 475m, plus 18.15m at 2.9g/t Au from 597.85m and 12m at 3.25g/t Au from 892m. SPD014 extended shallow mineralisation 150m southwest of SPRCD062 with 38.4m at 1.41g
Drill resultsInvestor Presentation - RIU Explorers Conference
An investor presentation for the RIU Explorers Conference outlines the Spur Gold-Copper Project in NSW, where 24,523m of RC and diamond drilling was completed in 2025, including a best intercept of 208.7m @ 1.17 g/t Au from 514m (including 89m @ 1.96 g/t Au from 614m) at Consols. An 80,000m drilling program is underway in 2026 with 7 rigs active, and the company reports cash of $28.6M at 31 Decemb
CorporateStrategic Acquisition expands Spur Gold Project
A binding agreement has been executed to acquire 100% of the Ironclad Mining Lease (GL5828) for A$1 million cash, including a A$100,000 exclusivity fee, with the balance payable on satisfaction of extension and transfer conditions. The lease sits 1.4km along strike from the Spur and Consols gold discoveries at the Spur Gold Project in New South Wales, and produced 172kg of gold at between 30g/t an
AcquisitionHigh Gold Recoveries at Spur Zone - Geometallurgical Results
Initial geometallurgical test work on samples from the Spur Zone at the Spur Project (EL5238) in New South Wales returned gold recoveries of over 90% (90-97%) by combined gravity and conventional cyanide leaching, with gravity recovery of 15-45% (average 33.6%) and cyanidation recovery of a further 51-74% (average 60%). Gold grains up to 688 µm were confirmed across 177 grains detected by micro-XR
Study resultsInvestor Presentation - Precious & Base Metal Conference
An investor presentation for the Eastern Seaboard Precious & Base Metals Conference was released, covering the Spur Gold-Copper Project in the Macquarie Arc, NSW. Recent drilling returned 42m @ 2.95g/t Au from 262m including 12m @ 9.73g/t Au from 287m at Consols (SPD015) and 6m @ 24.56g/t Au from 329m including 1m @ 146g/t Au from 333m at Spur (SPD021). An 80,000-metre drilling program is underway
CorporateDrilling returns high-grade gold hits from Consol & Spurs
Drilling at the 100%-owned Spur Gold Project (EL5238) in New South Wales returned 42m @ 2.95g/t Au from 262m in SPD015, including 12m @ 9.73 g/t Au from 287m, plus 35m @ 1.75 g/t Au from 452m; assays are partial to 494m with the hole still in progress and remaining results expected in late February. SPD011 returned 40m @ 1.16g/t Au from 766m. At Spur, SPD021 returned 6m @ 24.56 g/t Au from 329m, i
Drill resultsQuarterly Activities Report - December 2025
Drilling at the 100%-owned Spur gold-copper project in New South Wales during the December 2025 quarter returned 7m @ 6.5 g/t Au from 287m (SPD006), 12m @ 4.65 g/t Au from 355.4m (SPD008), 86m @ 1.36 g/t Au from 123m (SPD007) and, at the Consols Zone, 71m @ 1.65 g/t Au from 582m (SPD009). Seven diamond rigs are operating ahead of an 80,000m 2026 program. Cash and listed investments were $28.6 mill
Corporate80,000m drilling commences at Spur Gold Project
An 80,000-metre growth and discovery drilling program is underway at the 100%-owned Spur Gold Project (EL5238) in New South Wales, with seven diamond rigs operating. About 40,000m is planned at the Consols Zone, using 100m to 150m step-out holes from SPRCD062 (208.7m @ 1.17 g/t Au from 514m), and about 40,000m of definition drilling at the Spur Zone testing mineralisation to 400m depth. Regional s
Drill results