# Precious Metals Summit Presentation Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b Original source: https://api.investi.com.au/api/announcements/wtm/58f51e65-277.pdf Publisher: prospectors\_exchange Original announcement: 2026-09-23T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-23T13:53:44.571Z Atlas analysis updated: 2026-09-23T13:53:44.571Z - Company: Waratah Minerals Limited - Ticker: WTM - Exchange: Unavailable - Region: Unavailable - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Other - Extracted: 2026-09-23 13:53:45 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Waratah Minerals presented an overview of the Spur Gold Project, highlighting its evolution into a district-scale gold system with a 6km mineralised corridor. The presentation emphasizes high-grade intercepts, strong geometallurgical recoveries \(90-97%\), and significant exploration momentum through an active 80,000m drilling program. Reasoning: Investor presentation summarizing recent exploration momentum, district architecture, and geometallurgical results for the Spur Gold Project. - Positive factor: District-scale gold discovery potential - Positive factor: Strong geometallurgical results \(90-97% recovery\) - Positive factor: Multiple high-grade intercepts reported Facts used in scoring: 9 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The presentation mentions geometallurgical results and refers to previous ASX announcements which include technical details. Evidence · text > Geometallurgical Results ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Drill Results (9) ### SPD075 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-0) Consols · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SPD075 - Project: Consols - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 7.27 - Grade Unit: g/t - Intercept: 46 m - From: 541 m - To: 587 m - Intercept Depth: 541 m #### Classification - Sample Type: drill - Group ID: SPD075:541-587 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High-grade intercept reported in the top intercepts table. - Positive factor: Strong grade and width Evidence · table > 46m @ 7.27 g/t Au from 541m Context: SPD075 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPRCD062 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-1) Consols · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SPRCD062 - Project: Consols - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 1.17 - Grade Unit: g/t - Intercept: 208.7 m - From: 514 m - To: 722.7 m - Intercept Depth: 514 m #### Classification - Sample Type: drill - Group ID: SPRCD062:514-722.7 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large width intercept reported in top intercepts table. - Positive factor: Significant width Evidence · table > 208.7m @ 1.17 g/t Au from 514m Context: SPRCD062 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPD027 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-2) Consols · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: SPD027 - Project: Consols - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 2.01 - Grade Unit: g/t - Intercept: 117 m - From: 661 m - To: 778 m - Intercept Depth: 661 m #### Classification - Sample Type: drill - Group ID: SPD027:661-778 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large width intercept reported in top intercepts table. - Positive factor: Significant width Evidence · table > 117m @ 2.01 g/t Au from 661m Context: SPD027 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPD025 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-3) Consols · gold #### Identity - Hole ID: SPD025 - Project: Consols - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 1.78 - Grade Unit: g/t - Intercept: 80 m - From: 271 m - To: 351 m - Intercept Depth: 271 m #### Classification - Sample Type: drill - Group ID: SPD025:271-351 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large width intercept reported in top intercepts table. - Positive factor: Significant width Evidence · table > 80m @ 1.78 g/t Au from 271m Context: SPD025 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPRC007 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-4) Spur East · gold #### Identity - Hole ID: SPRC007 - Project: Spur East - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 1.53 - Grade Unit: g/t - Intercept: 104 m - From: 112 m - To: 216 m - Intercept Depth: 112 m #### Classification - Sample Type: drill - Group ID: SPRC007:112-216 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large width intercept reported in top intercepts table. - Positive factor: Significant width Evidence · table > 104m @ 1.53 g/t Au from 112m Context: SPRC007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPD021 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-5) Spur East · gold #### Identity - Hole ID: SPD021 - Project: Spur East - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 24.56 - Grade Unit: g/t - Intercept: 6 m - From: 329 m - To: 335 m - Intercept Depth: 329 m #### Classification - Sample Type: drill - Group ID: SPD021:329-335 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: High grade intercept reported in top intercepts table. - Positive factor: High grade Evidence · table > 6m @ 24.56 g/t Au from 329m Context: SPD021 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPD038 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-6) Spur East · gold #### Identity - Hole ID: SPD038 - Project: Spur East - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 1.75 - Grade Unit: g/t - Intercept: 80 m - From: 0 m - To: 80 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: SPD038:0-80 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large width intercept reported in top intercepts table. - Positive factor: Significant width Evidence · table > 80m @ 1.75 g/t Au from 0m Context: SPD038 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPD015 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-7) Consols · gold #### Identity - Hole ID: SPD015 - Project: Consols - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 2.95 - Grade Unit: g/t - Intercept: 42 m - From: 262 m - To: 304 m - Intercept Depth: 262 m #### Classification - Sample Type: drill - Group ID: SPD015:262-304 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large width intercept reported in top intercepts table. - Positive factor: Significant width Evidence · table > 42m @ 2.95g/t from 262m Context: SPD015 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SPD048 [Link to this fact](https://atlas-staging.minestarters.com/news/precious-metals-summit-presentation--8096c947-9b2e-44f2-81f6-bc5915d1518b#fact-drill-facts-8) Consols · gold #### Identity - Hole ID: SPD048 - Project: Consols - Commodity: gold - Region: australia - Reported Region: australia - Ticker: WTM #### Geometry - Grade: 1.49 - Grade Unit: g/t - Intercept: 144 m - From: 482 m - To: 626 m - Intercept Depth: 482 m #### Classification - Sample Type: drill - Group ID: SPD048:482-626 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Large width intercept reported in top intercepts table. - Positive factor: Significant width Evidence · table > 144m @ 1.49g/t from 482m Context: SPD048 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.