WTM waratah minerals limited

Ann: Spur Project Drilling Update, page-36

  1. 3,914 Posts.
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    The results were just not good enough.

    A couple of dusters and some average to ok hits. It does show continued mineralisation but unfortunately no company making assays in the first batch.

    Surely some diamond holes down to 1000m are scheduled? The upper epithermal system is nice. Showing some good bits and some lean bits. The grade is a tad lower than would be liked obviously.

    There is still hope but the SP will be super volatile for a while now. The lack of copper hurts. Maybe the deeper stuff will bring copper. A large gold copper discovery would cut sick in todays market.

 
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