WTM 3.39% 30.5¢ waratah minerals limited

Ann: Further high-grade results from Spur drilling, page-280

  1. 84 Posts.
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    There are about 15-20 epithermal lodes mapped in a semicircle around the central early phase intrusion. These are just the ones with obvious surface expressions or historical workings from early last century. Some don’t look like they have ever been drilled. We have only drilled a few holes down dip of one of them (Spur) and can almost get to 1m oz just there in the three part faulted offset of that lode down to 250m. Very much looking for higher grade and widths at Dalcoath. It will be interesting to see if any copper comes in as we have not seen any copper in assays so far? Is this because Dalcoath is laterally further westwards from the core that it relates too? I’m sure they are super keen for the multi element analysis.

    See the image I have doodled on below. It’s from Golden Cross about 20 years ago. We have lots of step out options available with lodes around a large semicircle. Note the table with historical holes for Essex. There are some very decent shallow hits there. We are drilling two 250m holes under there for a looksee at grade continuity and hopefully width and some copper like at Spur. I like the Ridgeway ore body to scale. You could fit a few of those around the circle! Note the 5-8 deeper holes are all into the central early stage monzonite intrusion looking for an intrusion hosted copper deposit.

    https://hotcopper.com.au/data/attachments/6372/6372632-5dc77ef3f1e1138bb1a028a3c8ecbe10.jpg
 
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