Waratah Minerals strikes 46m at 7.27g/t gold as Spur discovery grows
Original announcement by prospectors_exchange on
- Company
- Waratah Minerals
- Ticker
- WTM
- Exchange
- Unavailable
- Region
- NSW
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-09-22 14:33:08 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Waratah Minerals has reported significant gold drill results at the Spur project in NSW, highlighted by a 46m intercept at 7.27 g/t Au. The drilling from hole SPD075 extends known mineralisation at the Consols zone and defines multiple high-grade domains.
Reasoning: The drill results from SPD075 represent a significant step-out extension (70m north, 150m east) and include exceptional high-grade intercepts (up to 28.93 g/t Au) that confirm the continuity of the Spur discovery.
Positive factors
- exceptional gold grades
- significant step-out extension
- continuity of multiple mineralised zones
- high-grade domains defined
Negative factors
- true widths still being refined
Facts used in scoring: 12
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling extended gold mineralisation 70m north and 150m east of existing drilling.
Evidence · text
“extended gold mineralisation 70m north and 150m east”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Intercepts of 28.93 g/t and 206 g/t gold are exceptionally high grade.
Evidence · text
“10m at 28.93g/t from 550m and a single 1.3m assay sample grading 206g/t”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: The release does not disclose specific QA/QC protocols or lab certification.
Evidence · text
“The reported intersections are downhole lengths, with true widths still being refined.”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
SPD075Spur · goldGrade: 7.27Grade Unit: g/tIntercept: 46 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 541 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:541-587
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: 46m at 7.27 g/t Au is a standout intercept for this project and represents a significant extension.
Positive factors
- exceptional grade
- significant width
Evidence · text
“striking 46m at 7.27g/t gold”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 28.93Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 541 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:550-560
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: 28.93 g/t Au is an exceptional high-grade intercept.
Positive factors
- bonanza grade
Evidence · text
“10m at 28.93g/t from 550m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 206Grade Unit: g/tIntercept: 1.3 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 541 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:556-557.3
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: Extremely high grade sample.
Positive factors
- bonanza grade
Evidence · text
“single 1.3m assay sample grading 206g/t from 556m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 15.62Grade Unit: g/tIntercept: 19 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 541 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:541-560
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: High grade intercept within the standout intersection.
Positive factors
- strong grade
Evidence · text
“includes 19m at 15.62g/t gold from 541m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 0.97Grade Unit: g/tIntercept: 80 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 394 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:394-474
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: Wide intercept but lower grade.
Positive factors
- significant width
Evidence · text
“80m at 0.97g/t gold from 394m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 2.69Grade Unit: g/tIntercept: 22 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 394 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:401-423
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: Sub-interval within the 80m intercept.
Evidence · text
“including 22m at 2.69g/t from 401m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 3.66Grade Unit: g/tIntercept: 15.45 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 394 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:407-422.45
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: Sub-interval within the 80m intercept.
Evidence · text
“15.45m at 3.66g/t from 407m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 71.68Grade Unit: g/tIntercept: 0.45 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 394 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:422-422.45
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: Extremely high grade sample.
Positive factors
- bonanza grade
Evidence · text
“single 0.45m sample at 71.68g/t from 422m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 2.18Grade Unit: g/tIntercept: 23 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 312 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:312-335
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: Standard intercept.
Evidence · text
“23m at 2.18g/t from 312m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 5.14Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 312 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:327-335
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: High grade sub-interval.
Evidence · text
“including 8m at 5.14g/t from 327m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 0.71Grade Unit: g/tIntercept: 36.6 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 490 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:490-526.6
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: Low grade intercept.
Evidence · text
“36.6m at 0.71g/t from 490m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
SPD075Spur · goldGrade: 3.01Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- SPD075
- Project
- Spur
- 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
- Intercept Depth
- 490 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SPD075:498-505
- Mining Method
- unknown
Location
- Location
- Consols zone
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-22T00:00:00.000Z
Reasoning: High grade sub-interval.
Evidence · text
“including 7m at 3.01g/t from 498m”
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
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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 400m of strike and 400m vertically, providing further confi"
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.