Spur Gold Discovery Drilling Delivers Best Intercept To Date

Original announcement by prospectors_exchange on

Company
Waratah Minerals
Ticker
WTM
Exchange
Unavailable
Region
New South Wales
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-23 13:50:49 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Waratah Minerals has reported outstanding drill results from hole SPD075 at its Spur Gold Discovery in New South Wales, including the best intercept to date of 1.3 meters at 206 g/t gold. The drilling significantly extended mineralization at the Consols Zone by 70 meters north and 150 meters east, defining four high-grade zones over 400 meters of strike and vertical extent. These results reinforce the company's interpretation of Spur as a growing, high-grade gold system with substantial expansion potential.

Reasoning: Drill hole SPD075 delivered outstanding high-grade gold intercepts, including a bonanza grade of 206 g/t Au, which significantly extends the known mineralization at the Consols Zone. The results reinforce the project's potential as a large-scale, high-grade gold discovery, supported by robust QA/QC protocols.

Positive factors

  • Exceptional high-grade gold intercepts, including 1.3m at 206 g/t Au, which is the best intercept to date for the project.
  • Significant extension of mineralization along strike (400m) and vertically (400m) at the Consols Zone.
  • Confirmation of multiple high-grade mineralized zones, reinforcing the potential for a large-scale gold system.
  • Comprehensive QA/QC disclosure, including JORC compliance, QP sign-off, and use of accredited laboratories and methods.
  • True width estimated to be >80% of downhole length, providing good geological confidence.

Facts used in scoring: 37

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 1.3 m @ 206 g/t Au is well above the exceptional threshold for gold (5 g/t) in an epithermal deposit.

Evidence · text

“1.3 m @ 206 g/t Au from 556 m”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 0.45 m @ 71.68 g/t Au is well above the exceptional threshold for gold (5 g/t) in an epithermal deposit.

Evidence · text

“0.45 m @ 71.68 g/t Au from 422 m”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 10 m @ 28.93 g/t Au is well above the exceptional threshold for gold (5 g/t) in an epithermal deposit.

Evidence · text

“10 m @ 28.93 g/t Au from 550 m”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 0.65 m @ 27.09 g/t Au is well above the exceptional threshold for gold (5 g/t) in an epithermal deposit.

Evidence · text

“0.65 m @ 27.09 g/t Au from 501.95 m”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that 'Mineralisation is generally subvertical, downhole intercepts likely represent >80% true thickness'.

Evidence · text

“Mineralisation is generally subvertical, downhole intercepts likely represent >80% true thickness”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drill hole SPD075 'extends mineralisation 70 m north and 150 m east from existing drilling'.

Evidence · text

“SPD075 extends mineralisation 70 m north and 150 m east from existing drilling”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes extensive QA/QC disclosure in the JORC table, mentioning certified labs (SGS, ALS, NATA), QP sign-off, and methods like blanks, standards, duplicates, and check assays.

Evidence · text

“Sampling and QAQC procedures are carried out using Waratah protocols as per industry best practice”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The release clearly states the cut-off grades and maximum internal dilution rules used for reported intervals, e.g., '> 0.1 g/t Au, 5m maximum internal dilution'.

Evidence · text

“intercepts calculated at > 0.1 g/t Au, 5m maximum internal dilution, no minimum width.”

JORC Compliantpositive · Story-specific tag

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The Competent Person's Statement confirms that the information is based on the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.

Evidence · text

“Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves””

Exploration Drillingneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The drilling was 'designed to extend mineralisation' and the company states 'Consols remains in the early stages of discovery'.

Evidence · text

“Drill hole SPD075 was designed to extend mineralisation 70m north of SPD019W1”

Extracted facts

Stored fact records: 37. Some facts used in scoring do not have a stored record.

Drill Results (37)

SPD075Spur South · goldGrade: 7.27Grade Unit: g/tIntercept: 46 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
7.27
Grade Unit
g/t
Intercept
46 m
From
541 m
To
587 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:541-587
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a high-grade and wide intercept, representing a significant extension to known mineralization and contributing to the overall positive outlook for the project.

Positive factors

  • Exceptional grade-thickness product (334.42 g/t·m) for gold, indicating a significant intercept.
  • High gold grade (7.27 g/t) which is exceptional for an epithermal deposit.
  • Strong intercept length (46.0 m) for an epithermal deposit.
  • This intercept extends mineralization 70 m north and 150 m east from existing drilling.

Evidence · text

“SPD075 46 m @ 7.27 g/t Au from 541 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 15.62Grade Unit: g/tIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
15.62
Grade Unit
g/t
Intercept
19 m
From
541 m
To
560 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:541-560
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a bonanza-grade sub-interval within a broader high-grade zone, significantly contributing to the overall positive results and demonstrating the high-grade nature of the discovery.

Positive factors

  • Exceptional grade-thickness product (296.78 g/t·m) for gold, indicating a significant intercept.
  • Bonanza gold grade (15.62 g/t) which is exceptional for an epithermal deposit.
  • Strong intercept length (19.0 m) for an epithermal deposit.

Evidence · text

“19 m @ 15.62 g/t Au from 541 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 28.93Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
28.93
Grade Unit
g/t
Intercept
10 m
From
550 m
To
560 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:550-560
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a bonanza-grade sub-interval, further highlighting the high-grade nature of the mineralization and contributing significantly to the overall positive results.

Positive factors

  • Exceptional grade-thickness product (289.3 g/t·m) for gold, indicating a significant intercept.
  • Bonanza gold grade (28.93 g/t) which is exceptional for an epithermal deposit.
  • Moderate intercept length (10.0 m) for an epithermal deposit.

Evidence · text

“10 m @ 28.93 g/t Au from 550 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 206Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
206
Grade Unit
g/t
Intercept
1.3 m
From
556 m
To
557.3 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:556-557.3
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is an exceptionally high-grade, bonanza intercept and the best result to date, significantly enhancing the project's potential and demonstrating the presence of very high-grade gold mineralization.

Positive factors

  • Exceptional grade-thickness product (267.8 g/t·m) for gold, indicating a significant intercept.
  • Bonanza gold grade (206.0 g/t) which is exceptional for an epithermal deposit and is the best intercept to date.
  • This intercept is a new, high-impact result for the project.

Evidence · text

“1.3 m @ 206 g/t Au from 556 m (single assay sample)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.97Grade Unit: g/tIntercept: 80 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
80 m
From
394 m
To
474 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:394-474
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This broad zone of moderate-grade gold mineralization, including higher-grade sub-intervals, is a positive result, indicating significant volume and continuity of the gold system.

Positive factors

  • Moderate grade-thickness product (77.6 g/t·m) for gold, indicating a significant intercept.
  • Continuous intercept length (80.0 m) for an epithermal deposit, suggesting broad mineralization.
  • This intercept contributes to defining four discrete zones of high-grade mineralization.

Evidence · text

“Additional broad zone of 80 m @ 0.97 g/t Au from 394 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 2.69Grade Unit: g/tIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
2.69
Grade Unit
g/t
Intercept
22 m
From
401 m
To
423 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:401-423
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone adds to the overall positive results, demonstrating good continuity of higher-grade mineralization.

Positive factors

  • Moderate grade-thickness product (59.18 g/t·m) for gold, indicating a significant intercept.
  • Strong gold grade (2.69 g/t) which is strong for an epithermal deposit.
  • Strong intercept length (22.0 m) for an epithermal deposit.

Evidence · text

“22 m @ 2.69 g/t Au from 401 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 3.66Grade Unit: g/tIntercept: 15.45 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
3.66
Grade Unit
g/t
Intercept
15.45 m
From
407 m
To
422.45 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:407-422.45
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone further confirms the presence of significant gold mineralization and contributes positively to the overall results.

Positive factors

  • Moderate grade-thickness product (56.577 g/t·m) for gold, indicating a significant intercept.
  • Strong gold grade (3.66 g/t) which is strong for an epithermal deposit.
  • Strong intercept length (15.45 m) for an epithermal deposit.

Evidence · text

“15.45 m @ 3.66 g/t Au from 407 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 71.68Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
71.68
Grade Unit
g/t
Intercept
0.45 m
From
422 m
To
422.45 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:422-422.45
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This bonanza-grade intercept, though narrow, is highly significant and indicates the presence of very high-grade gold within the broader mineralized zone.

Positive factors

  • Moderate grade-thickness product (32.256 g/t·m) for gold, indicating a significant intercept.
  • Bonanza gold grade (71.68 g/t) which is exceptional for an epithermal deposit.

Evidence · text

“0.45 m @ 71.68 g/t Au from 422 m (single assay sample)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 2.18Grade Unit: g/tIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
2.18
Grade Unit
g/t
Intercept
23 m
From
312 m
To
335 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:312-335
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This upper mineralized zone provides further evidence of broad and continuous gold mineralization, contributing positively to the overall project understanding.

Positive factors

  • Moderate grade-thickness product (50.14 g/t·m) for gold, indicating a significant intercept.
  • Strong gold grade (2.18 g/t) which is strong for an epithermal deposit.
  • Strong intercept length (23.0 m) for an epithermal deposit.

Evidence · text

“Upper mineralised zone returns 23 m @ 2.18 g/t Au from 312 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 5.14Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
5.14
Grade Unit
g/t
Intercept
8 m
From
327 m
To
335 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:327-335
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval within the upper zone is a strong positive, indicating high-grade shoots within the broader mineralization.

Positive factors

  • Moderate grade-thickness product (41.12 g/t·m) for gold, indicating a significant intercept.
  • Bonanza gold grade (5.14 g/t) which is exceptional for an epithermal deposit.
  • Moderate intercept length (8.0 m) for an epithermal deposit.

Evidence · text

“8 m @ 5.14 g/t Au from 327 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 7.82Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
7.82
Grade Unit
g/t
Intercept
5 m
From
327 m
To
332 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:327-332
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval further confirms the presence of high-grade gold shoots within the upper mineralized zone, contributing to the overall positive results.

Positive factors

  • Moderate grade-thickness product (39.1 g/t·m) for gold, indicating a significant intercept.
  • Bonanza gold grade (7.82 g/t) which is exceptional for an epithermal deposit.
  • Moderate intercept length (5.0 m) for an epithermal deposit.

Evidence · text

“5 m @ 7.82 g/t Au from 327 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.71Grade Unit: g/tIntercept: 36.6 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
36.6 m
From
490 m
To
526.6 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:490-526.6
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This additional zone of moderate-grade gold mineralization over a significant width contributes to the overall understanding of the deposit's scale and continuity.

Positive factors

  • Weak grade-thickness product (25.986 g/t·m) for gold, indicating a significant intercept.
  • Moderate gold grade (0.71 g/t) which is moderate for an epithermal deposit.
  • Strong intercept length (36.6 m) for an epithermal deposit.

Evidence · text

“Additional zone of 36.6 m @ 0.71 g/t Au from 490 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 3.01Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
3.01
Grade Unit
g/t
Intercept
7 m
From
498 m
To
505 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:498-505
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This high-grade sub-interval within the additional zone contributes positively to the overall results and indicates localized high-grade mineralization.

Positive factors

  • Weak grade-thickness product (21.07 g/t·m) for gold, indicating a significant intercept.
  • Strong gold grade (3.01 g/t) which is strong for an epithermal deposit.
  • Moderate intercept length (7.0 m) for an epithermal deposit.

Evidence · text

“7 m @ 3.01 g/t Au from 498 m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 27.09Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
27.09
Grade Unit
g/t
Intercept
0.65 m
From
501.95 m
To
502.6 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:501.95-502.6
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This bonanza-grade intercept, though narrow, is highly significant and indicates the presence of very high-grade gold within the broader mineralized zone.

Positive factors

  • Weak grade-thickness product (17.6085 g/t·m) for gold, indicating a significant intercept.
  • Bonanza gold grade (27.09 g/t) which is exceptional for an epithermal deposit.

Evidence · text

“0.65 m @ 27.09 g/t Au from 501.95 m (single assay sample)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.32Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
3 m
From
18 m
To
21 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:18-21
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, but still above the cutoff, indicating some low-grade mineralization at shallow depth.

Evidence · table

“0.32”

Context: 3.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.17Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.17
Grade Unit
g/t
Intercept
8 m
From
28 m
To
36 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:28-36
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.17”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.13Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
7 m
From
56 m
To
63 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:56-63
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.13”

Context: 7.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.12Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
1.6 m
From
67 m
To
68.6 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:67-68.6
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.12”

Context: 1.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.11Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
1 m
From
76 m
To
77 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:76-77
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.11”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.11Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
7 m
From
97 m
To
104 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:97-104
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.11”

Context: 7.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.12Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
2.7 m
From
115 m
To
117.7 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:115-117.7
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.12”

Context: 2.70

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.15Grade Unit: g/tIntercept: 41 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.15
Grade Unit
g/t
Intercept
41 m
From
123 m
To
164 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:123-164
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept over a significant width, suggesting broad but low-grade mineralization.

Positive factors

  • Strong intercept length (41.0 m) for an epithermal deposit, indicating broad mineralization.

Evidence · table

“0.15”

Context: 41.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.36Grade Unit: g/tIntercept: 55 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
55 m
From
181 m
To
236 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:181-236
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept over a continuous width, suggesting broad but low-grade mineralization.

Positive factors

  • Continuous intercept length (55.0 m) for an epithermal deposit, indicating broad mineralization.

Evidence · table

“0.36”

Context: 55.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.12Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
1 m
From
245 m
To
246 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:245-246
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.12”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.21Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
6 m
From
262 m
To
268 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:262-268
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.21”

Context: 6.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.11Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
1 m
From
270 m
To
271 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:270-271
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.11”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.12Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
6 m
From
291 m
To
297 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:291-297
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.12”

Context: 6.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.14Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.14
Grade Unit
g/t
Intercept
4 m
From
347 m
To
351 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:347-351
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.14”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.24Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.24
Grade Unit
g/t
Intercept
7 m
From
358 m
To
365 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:358-365
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just below the weak threshold, indicating minor mineralization.

Evidence · table

“0.24”

Context: 7.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.48Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.48
Grade Unit
g/t
Intercept
5 m
From
371 m
To
376 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:371-376
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, but still indicates the presence of gold mineralization.

Evidence · table

“0.48”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
1 m
From
481 m
To
482 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:481-482
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, at the cutoff, indicating minor mineralization.

Evidence · table

“0.10”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.25Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
1 m
From
532 m
To
533 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:532-533
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just below the weak threshold, indicating minor mineralization.

Evidence · table

“0.25”

Context: 1.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.45Grade Unit: g/tIntercept: 16.3 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
16.3 m
From
594 m
To
610.3 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:594-610.3
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept over a significant width, indicating broad but low-grade mineralization.

Positive factors

  • Strong intercept length (16.3 m) for an epithermal deposit.

Evidence · table

“0.45”

Context: 16.30

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.47Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
2 m
From
616 m
To
618 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:616-618
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, but still indicates the presence of gold mineralization.

Evidence · table

“0.47”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.31Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
2 m
From
625 m
To
627 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:625-627
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, just above the cutoff, indicating minor mineralization.

Evidence · table

“0.31”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.36Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
2 m
From
649 m
To
651 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:649-651
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept, but still indicates the presence of gold mineralization.

Evidence · table

“0.36”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

SPD075Spur South · goldGrade: 0.44Grade Unit: g/tIntercept: 28.6 mView all details
Link to this fact

Identity

Hole ID
SPD075
Project
Spur South
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
WTM

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
28.6 m
From
657 m
To
685.6 m
Hole Depth
686 m
Intercept Depth
18 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
SPD075:657-685.6
Mining Method
unknown

Location

Location
Consols
Easting
667770
Northing
6299417
CRS
GDA94, MGA Zone 55
Elevation
618 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS and ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t Au
Dilution Disclosed
Yes
Max Dilution
5 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a weak grade intercept over a significant width, indicating broad but low-grade mineralization at depth.

Positive factors

  • Strong intercept length (28.6 m) for an epithermal deposit.

Evidence · table

“0.44”

Context: 28.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: ""Importantly, SPD075 links mineralisation over approximately 400 m of strike and 400 m vertically, providing further con"

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.