Waratah Minerals Says New South Wales Discovery Drilling Defines High-Grade Mineralization Zones

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Waratah Minerals (ASX:WTM) said drilling intercepts defined four zones of high-grade mineralization in the footwall of the Colthi Fault at the Spur gold discovery in New South Wales, according to a Tuesday Australian bourse filing.

It encountered zones of 46 meters at 7.27 grams per tonne grade of gold from 541 meters as well as 80 meters at 0.97 g/t grade of gold from 394 meters.

Consols Zone mineralization can be traced over an east-west strike length of around 400 meters and a vertical extent of 400 meters, the filing added.

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