Battery Minerals Ltd. (AU:WTM) has released an update.
Waratah Minerals Ltd. has announced positive results from their latest drilling program at the Spur gold-copper project, uncovering significant shallow gold mineralisation and high-grade epithermal gold. The findings at Spur East, along with similarities to nearby Cadia Valley gold-copper skarn deposits, suggest a promising outlook for the identification of substantial shallow gold resources. The company has also reported a strong financial position with $4m in cash and listed investments following the quarter.
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