Waratah Minerals Limited (ASX: WTM) announced results from its on-going drilling program at the Spur Project, Lachlan Fold Belt, New South Wales. Waratah’s exploration strategy of targeting the margins of the main early-stage intrusive complex for wallrock-style epithermal-porphyry mineralization is gaining momentum.
The coincidence of K-feldspar + albite + tourmaline, pervasive albite-silica-hematite, skarn porphyry alteration with high grade epithermal veins/stringers indicates the epithermal gold mineralization at Spur may represent the upper-levels of a preserved wallrock-style epithermal-porphyry system.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.