WTM waratah minerals limited

Peter is an exploration geologist. The team will hopefully...

  1. 195 Posts.
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    Peter is an exploration geologist. The team will hopefully define a deposit of high grade epithermal and porphyry underneath that will be within tunnel or conveyer distance to Newmont’s Cadia Valley operations. Ridgeway’s high grade made Newmont and a second one just over the hill at Spur plus an epithetmal cherry on top would spell a second coming in my view. Newmont is desperate for more high grade feed to offset the inevitable grade cliff at their Cadia Valley operations. Take a look at how close Spur is to Ridgeway for example to get a feel of nearology. Look for the surface expression of the block cave on satellite imagery. Spur is a few kms south west of the town of Cargo. It’s literally “just over the hill” to a global top 10 Au and Cu operation. My exit strategy is takeover by Newmont.
    Last edited by John8769: 30/06/24
 
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