# Waratah Minerals strikes 46m at 7.27g/t gold as Spur discovery grows Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3 Original source: https://stockhead.com.au/resources/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows/ Publisher: stockhead Original announcement: 2026-09-22T01:09:07.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 03:03:04 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 gold. The drilling \(hole SPD075\) extended the Consols zone and identified multiple high-grade domains, providing evidence of a large-scale, coherent gold system. Reasoning: The release reports high-grade gold intercepts that extend the known mineralisation footprint significantly, representing a major discovery milestone for the Spur project. - Positive factor: Exceptional high-grade gold intercepts reported - Positive factor: Significant strike and vertical extension of known mineralisation - Positive factor: Definition of four distinct high-grade domains - Positive factor: Evidence of continuity across 400m strike and 400m vertical - Negative factor: True widths still being refined \(apparent widths only\) Facts used in scoring: 12 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Intercept of 28.93 g/t gold is exceptionally high-grade. Evidence · text > 10m at 28.93g/t **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The document explicitly states reported intersections are downhole lengths and true widths are being refined. Evidence · text > The reported intersections are downhole lengths, with true widths still being refined. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling extended mineralisation 70m north and 150m east. Evidence · text > extended gold mineralisation 70m north and 150m east ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Drill Results (12) ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-0) Spur · gold #### 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 #### 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 that extends known mineralisation. - Positive factor: Best reported intercept at the Spur discovery Evidence · text > striking 46m at 7.27g/t gold from 541m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-1) Spur · gold #### 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 #### 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: Strong high-grade interval within the standout hole. - Positive factor: High grade component of the main intercept Evidence · text > includes 19m at 15.62g/t gold from 541m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-2) Spur · gold #### 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: 550 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SPD075:550-560 - Mining Method: unknown #### 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: Exceptional grade intercept. - Positive factor: Bonanza grade intercept Evidence · text > 10m at 28.93g/t from 550m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-3) Spur · gold #### 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: 556 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SPD075:556-557.3 - Mining Method: unknown #### 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: Very high grade single sample. - Positive factor: Extremely high grade sample Evidence · text > single 1.3m assay sample grading 206g/t from 556m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-4) Spur · gold #### 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 #### 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: Lower grade but significant width intercept. - Positive factor: Significant width Evidence · text > returned 80m at 0.97g/t gold from 394m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-5) Spur · gold #### 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: 401 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SPD075:401-423 - Mining Method: unknown #### 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: Stronger grade component within the wider intercept. - Positive factor: High grade component of the 80m interval Evidence · text > including 22m at 2.69g/t from 401m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-6) Spur · gold #### 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: 407 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SPD075:407-422.45 - Mining Method: unknown #### 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 nested within the 22m section. - Positive factor: High grade nested interval Evidence · text > 15.45m at 3.66g/t from 407m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-7) Spur · gold #### 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: 422 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SPD075:422-422.45 - Mining Method: unknown #### 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: Very high grade single sample. - Positive factor: Extremely high grade sample Evidence · text > single 0.45m sample at 71.68g/t from 422m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-8) Spur · gold #### 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 #### 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: Moderate grade intercept with good width. - Positive factor: Significant width Evidence · text > 23m at 2.18g/t from 312m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-9) Spur · gold #### 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: 327 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SPD075:327-335 - Mining Method: unknown #### 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 component within the 23m interval. - Positive factor: High grade component Evidence · text > including 8m at 5.14g/t from 327m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-10) Spur · gold #### 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 #### 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 with significant width. - Positive factor: Significant width Evidence · text > 36.6m at 0.71g/t from 490m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### SPD075 [Link to this fact](https://atlas-extractions.minestarters.com/news/waratah-minerals-strikes-46m-at-7-27g-t-gold-as-spur-discovery-grows--442a95f3-d237-4235-9a49-909f021915f3#fact-drill-facts-11) Spur · gold #### 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: 498 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SPD075:498-505 - Mining Method: unknown #### 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 component within the 36.6m interval. - Positive factor: High grade component Evidence · text > including 7m at 3.01g/t from 498m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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.